Alphabet Inc. (NASDAQ:GOOGL – Free Report) – Equities research analysts at Erste Group Bank decreased their FY2026 EPS estimates for shares of Alphabet in a research note issued on Wednesday, October 21st. Erste Group Bank analyst H. Engel now anticipates that the information services provider will earn $20.56 per share for the year, down from their previous forecast of $20.59. The consensus estimate for Alphabet’s current full-year earnings is $20.60 per share.
Several other brokerages have also recently commented on GOOGL. DZ Bank raised shares of Alphabet to a “strong-buy” rating in a research report on Thursday, July 23rd. Tigress Financial reaffirmed a “strong-buy” rating and set a $485.00 price objective (up from $415.00) on shares of Alphabet in a research report on Thursday, September 17th. Zacks Research lowered Alphabet from a “strong-buy” rating to a “hold” rating in a research report on Tuesday, August 11th. Benchmark reiterated a “buy” rating on shares of Alphabet in a research note on Thursday, October 1st. Finally, Wall Street Zen lowered Alphabet from a “buy” rating to a “hold” rating in a report on Saturday, August 1st. Five equities research analysts have rated the stock with a Strong Buy rating, forty-seven have assigned a Buy rating and four have assigned a Hold rating to the stock. According to MarketBeat, the stock has a consensus rating of “Buy” and a consensus price target of $425.04.
Read Our Latest Analysis on GOOGL
Alphabet Trading Up 1.2%
Alphabet stock opened at $320.58 on Monday. Alphabet has a 52-week low of $266.50 and a 52-week high of $408.61. The company’s 50 day moving average is $341.89 and its two-hundred day moving average is $340.66.
Insiders Place Their Bets
In other Alphabet news, Director Frances Arnold sold 83 shares of the business’s stock in a transaction that occurred on Wednesday, September 30th. The shares were sold at an average price of $340.45, for a total transaction of $28,257.35. Following the completion of the transaction, the director owned 19,076 shares in the company, valued at $6,494,424.20. The trade was a 0.43% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is available at this link. Insiders have sold a total of 247 shares of company stock valued at $83,288 over the last 90 days. 11.61% of the stock is owned by company insiders.
Institutional Investors Weigh In On Alphabet
Large investors have recently modified their holdings of the company. Titleist Asset Management LLC raised its holdings in Alphabet by 6.4% in the third quarter. Titleist Asset Management LLC now owns 34,613 shares of the information services provider’s stock valued at $11,909,000 after acquiring an additional 2,096 shares in the last quarter. PFG Investments LLC grew its holdings in Alphabet by 2.6% during the 1st quarter. PFG Investments LLC now owns 89,299 shares of the information services provider’s stock worth $25,679,000 after acquiring an additional 2,269 shares in the last quarter. Elefante Mark B grew its holdings in Alphabet by 4.5% during the 2nd quarter. Elefante Mark B now owns 43,733 shares of the information services provider’s stock worth $15,629,000 after acquiring an additional 1,897 shares in the last quarter. Nwam LLC grew its holdings in Alphabet by 19.6% during the 1st quarter. Nwam LLC now owns 49,128 shares of the information services provider’s stock worth $14,127,000 after acquiring an additional 8,055 shares in the last quarter. Finally, WCM Investment Management LLC grew its holdings in Alphabet by 287.4% during the 1st quarter. WCM Investment Management LLC now owns 3,886 shares of the information services provider’s stock worth $1,063,000 after acquiring an additional 2,883 shares in the last quarter. 40.03% of the stock is owned by hedge funds and other institutional investors.
Trending Headlines about Alphabet
Here are the key news stories impacting Alphabet this week:
- Positive Sentiment: AI and cloud demand provide upside. Analysts expect Alphabet’s search advertising and Google Cloud businesses to benefit from AI-driven demand. Google Cloud’s reported $514 billion backlog and faster growth are supporting the view that Alphabet may be undervalued relative to other large technology companies. Can Strong Search and Cloud Growth Drive GOOGL’s Q3 Earnings?
- Positive Sentiment: Anthropic commitments strengthen Google Cloud visibility. Anthropic’s IPO filing disclosed approximately $114.5 billion in non-cancelable cloud-computing commitments with Alphabet, potentially creating substantial long-term revenue for Google Cloud. Alphabet also owns roughly 14% of Anthropic and may increase its stake after the IPO. Anthropic’s IPO Filing Reveals a Massive Opportunity for AI Infrastructure Giants
- Positive Sentiment: Product development supports the AI investment case. Google DeepMind released Genie 4, a more realistic and interactive world model, while YouTube’s multimodal content library and AI Search Overviews could improve user engagement and monetization over time. Berkshire Hathaway has also reportedly built a significant Alphabet position, adding a potentially supportive institutional signal. Google’s Genie 4 World Model
- Neutral Sentiment: Wednesday’s earnings are the immediate catalyst. Investors will focus on Search growth, Google Cloud margins, free cash flow and management’s capital-expenditure outlook. Alphabet and other hyperscalers are investing at least $200 billion in data centers, making returns on AI infrastructure the key test for the stock’s next direction. Alphabet Has $514 Billion in Cloud Orders
- Negative Sentiment: Spending and legal risks are weighing on sentiment. Alphabet has sharply increased capital spending while suspending buybacks, raising concerns that cloud growth may not translate into cash flow quickly. Multiple law firms are promoting a securities class action alleging Alphabet misrepresented the progress of its Gemini 3.5 Pro model; the case carries a Dec. 1 lead-plaintiff deadline. These headlines add reputational and potential financial risk, although the allegations remain unproven. Alphabet Investor Class Action Filed
About Alphabet
Alphabet Inc is a technology holding company best known for its Google subsidiary. Google operates a global internet-services business centered on online search, digital advertising, YouTube, Android, Chrome, Google Maps, Google Play, and a broad range of cloud-based productivity and collaboration tools.
Google Cloud provides infrastructure, data analytics, cybersecurity, artificial intelligence, and enterprise software services to businesses, governments, and other organizations. Alphabet also develops consumer hardware, including Pixel devices and products for connected homes, while investing in emerging businesses through its “Other Bets” segment, including autonomous transportation and life sciences initiatives.
Alphabet was established in 2015 as part of a corporate restructuring that made Google a subsidiary and provided a separate structure for its expanding portfolio of businesses.
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