Alphabet (NASDAQ:GOOGL – Get Free Report) was downgraded by analysts at Citizens Jmp from a “market outperform” rating to a “hold” rating in a report issued on Thursday, MarketBeat reports.
Several other brokerages have also recently weighed in on GOOGL. Moffett Nathanson set a $345.00 price target on Alphabet in a research report on Thursday. Susquehanna cut their price objective on shares of Alphabet from $460.00 to $400.00 and set a “positive” rating for the company in a research report on Thursday. Needham & Company LLC reaffirmed a “buy” rating and set a $450.00 price objective on shares of Alphabet in a research note on Thursday. Roth Capital reaffirmed a “buy” rating and set a $440.00 target price (up from $435.00) on shares of Alphabet in a report on Thursday, July 23rd. Finally, JPMorgan Chase & Co. increased their target price on shares of Alphabet from $420.00 to $425.00 and gave the stock an “overweight” rating in a research note on Thursday, October 15th. Five investment analysts have rated the stock with a Strong Buy rating, forty-six have assigned a Buy rating and five have given a Hold rating to the company’s stock. According to data from MarketBeat.com, Alphabet has a consensus rating of “Buy” and an average price target of $412.82.
Read Our Latest Analysis on GOOGL
Alphabet Price Performance
Alphabet stock opened at $283.82 on Thursday. The firm has a market capitalization of $3.47 trillion, a P/E ratio of 14.81, a PEG ratio of 0.94 and a beta of 1.21. Alphabet has a one year low of $270.70 and a one year high of $408.61. The company has a debt-to-equity ratio of 0.16, a current ratio of 2.72 and a quick ratio of 2.64. The business has a fifty day moving average price of $340.29 and a 200-day moving average price of $340.43.
Alphabet (NASDAQ:GOOGL – Get Free Report) last released its quarterly earnings data on Wednesday, October 28th. The information services provider reported $2.12 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $3.02 by ($0.90). The company had revenue of $127.58 billion for the quarter, compared to the consensus estimate of $127.96 billion. Alphabet had a net margin of 50.03% and a return on equity of 46.63%. As a group, equities research analysts forecast that Alphabet will post 20.60 EPS for the current year.
Insider Buying and Selling at Alphabet
In related news, Director Frances Arnold sold 83 shares of the company’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 value of $28,257.35. Following the transaction, the director directly owned 19,076 shares in the company, valued at approximately $6,494,424.20. This represents a 0.43% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website. Company insiders own 11.61% of the company’s stock.
Hedge Funds Weigh In On Alphabet
A number of hedge funds and other institutional investors have recently bought and sold shares of the stock. EMC Capital Management bought a new stake in Alphabet during the second quarter worth about $35,000. Core Capital Management & Research inc. bought a new position in shares of Alphabet during the 2nd quarter valued at about $41,000. Intelligent Financial Strategies bought a new position in shares of Alphabet during the 3rd quarter valued at about $41,000. Premier Financial Group purchased a new position in shares of Alphabet during the 2nd quarter valued at about $45,000. Finally, Graney & King LLC raised its holdings in shares of Alphabet by 38.5% during the 2nd quarter. Graney & King LLC now owns 180 shares of the information services provider’s stock valued at $64,000 after buying an additional 50 shares in the last quarter. Hedge funds and other institutional investors own 40.03% of the company’s stock.
Alphabet News Summary
Here are the key news stories impacting Alphabet this week:
- Positive Sentiment: Cloud and AI demand remain strong. Google Cloud revenue more than doubled to approximately $30.7 billion, while its backlog reached $561 billion. Alphabet’s AI chips are reportedly attracting interest from OpenAI, and Waymo is expanding robotaxi testing into Japan and the U.K. Alphabet: 3 Key Takeaways for Long-Term Investors
- Positive Sentiment: Some analysts remain bullish after the selloff. Guggenheim and Needham reiterated buy ratings, while RBC, Wedbush, KeyCorp, Susquehanna, Rosenblatt and Cantor Fitzgerald maintained positive or overweight views despite reducing price targets. A Wall Street analysis also described Alphabet as a potential “one-stop AI shop” with search, cloud, chips and data-center capabilities. Alphabet Seen as a Tech One-Stop AI Shop
- Neutral Sentiment: Alphabet is expanding AI monetization efforts. Google is rolling out ads in AI Search internationally and opening Search and Gemini to more connected applications. These initiatives could eventually offset pressure on traditional search advertising, but their near-term financial contribution remains uncertain. Google expands AI Search ads globally as core ad growth slows
- Negative Sentiment: Third-quarter earnings missed expectations. Alphabet reported adjusted EPS of $2.12 versus consensus near $3.02 and revenue of $127.6 billion, slightly below estimates. Search and other revenue rose 12% but missed forecasts for a second consecutive quarter; YouTube advertising also fell short of expectations. Alphabet earnings miss reflects first real sign that AI is taking a bite out of search
- Negative Sentiment: AI spending is pressuring cash flow. Capital expenditures and data-center investments pushed free cash flow deeply negative for a second quarter, increasing concern that Alphabet may need additional debt or equity financing. Investors are also worried that AI-driven searches generate less revenue than conventional searches, while a SpaceX investment loss reduced quarterly EPS by roughly $0.55. Alphabet’s Cloud Is Paying Off—But the Bill for Building It Keeps Growing
- Negative Sentiment: Legal and regulatory risks have intensified. Multiple law firms are promoting a securities-fraud class action alleging Alphabet misrepresented progress on its Gemini 3.5 Pro model. The lead-plaintiff deadline is December 1, 2026. South Korea also fined Google over app-store payment and review practices, and Finland opened an environmental investigation involving a planned data center. Alphabet securities fraud class action reminder
Alphabet Company Profile
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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