Alphabet (NASDAQ:GOOGL) Receives “Buy” Rating from Jefferies Financial Group

Posted by Geri Gentry on Jun 23rd, 2026

Alphabet (NASDAQ:GOOGL – Get Free Report)‘s stock had its “buy” rating restated by research analysts at Jefferies Financial Group in a research report issued to clients and investors on Monday,MarketScreener reports.

Other research analysts have also recently issued research reports about the company. Deutsche Bank Aktiengesellschaft reaffirmed a “buy” rating on shares of Alphabet in a research report on Tuesday, April 28th. Rosenblatt Securities reaffirmed a “neutral” rating and set a $393.00 price objective on shares of Alphabet in a report on Thursday, May 21st. Citigroup reiterated an “outperform” rating on shares of Alphabet in a research note on Monday, May 4th. BMO Capital Markets raised their price target on shares of Alphabet from $410.00 to $435.00 and gave the company an “outperform” rating in a research report on Thursday, April 30th. Finally, Cantor Fitzgerald boosted their price target on shares of Alphabet from $395.00 to $465.00 and gave the stock an “overweight” rating in a report on Thursday, April 30th. Two analysts have rated the stock with a Strong Buy rating, forty-seven have assigned a Buy rating and five have given a Hold rating to the stock. Based on data from MarketBeat, the company has an average rating of “Moderate Buy” and an average target price of $413.13.

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Alphabet Stock Down 0.9%

Shares of NASDAQ:GOOGL traded down $2.99 during midday trading on Monday, hitting $346.69. 10,864,845 shares of the company’s stock were exchanged, compared to its average volume of 31,892,805. The company has a debt-to-equity ratio of 0.16, a current ratio of 1.92 and a quick ratio of 1.92. Alphabet has a 12 month low of $166.13 and a 12 month high of $408.61. The company has a market cap of $4.20 trillion, a PE ratio of 26.42, a price-to-earnings-growth ratio of 1.57 and a beta of 1.23. The stock has a 50 day moving average price of $367.66 and a 200-day moving average price of $332.31.

Alphabet (NASDAQ:GOOGL – Get Free Report) last released its quarterly earnings results on Wednesday, April 29th. The information services provider reported $5.11 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $2.64 by $2.47. The business had revenue of $109.90 billion during the quarter, compared to the consensus estimate of $106.98 billion. Alphabet had a return on equity of 38.99% and a net margin of 37.92%. On average, sell-side analysts anticipate that Alphabet will post 14.3 EPS for the current fiscal year.

Insider Buying and Selling

In other Alphabet news, Director Frances Arnold sold 102 shares of the business’s stock in a transaction on Friday, May 29th. The stock was sold at an average price of $381.00, for a total value of $38,862.00. Following the sale, the director directly owned 18,721 shares in the company, valued at $7,132,701. The trade was a 0.54% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is available through the SEC website. Also, insider John Kent Walker sold 8,993 shares of the company’s stock in a transaction on Friday, March 27th. The shares were sold at an average price of $275.89, for a total value of $2,481,078.77. Following the transaction, the insider directly owned 51,808 shares in the company, valued at $14,293,309.12. This represents a 14.79% decrease in their position. The disclosure for this sale is available in the SEC filing. Insiders have sold a total of 160,516 shares of company stock worth $7,344,604 in the last three months. Insiders own 11.61% of the company’s stock.

Institutional Investors Weigh In On Alphabet

A number of hedge funds and other institutional investors have recently added to or reduced their stakes in the company. Vanguard Group Inc. raised its position in shares of Alphabet by 2.4% in the fourth quarter. Vanguard Group Inc. now owns 528,969,322 shares of the information services provider’s stock valued at $165,567,398,000 after purchasing an additional 12,531,695 shares during the period. State Street Corp raised its holdings in Alphabet by 1.8% during the 2nd quarter. State Street Corp now owns 229,954,269 shares of the information services provider’s stock valued at $40,524,841,000 after acquiring an additional 4,008,374 shares during the period. Geode Capital Management LLC raised its holdings in Alphabet by 1.9% during the 4th quarter. Geode Capital Management LLC now owns 146,193,037 shares of the information services provider’s stock valued at $45,625,595,000 after acquiring an additional 2,666,676 shares during the period. Norges Bank purchased a new stake in shares of Alphabet during the fourth quarter worth $30,534,239,000. Finally, Bank of America Corp DE lifted its position in shares of Alphabet by 4.9% during the fourth quarter. Bank of America Corp DE now owns 69,108,183 shares of the information services provider’s stock worth $21,630,861,000 after acquiring an additional 3,218,852 shares in the last quarter. 40.03% of the stock is currently owned by institutional investors.

Alphabet News Summary

Here are the key news stories impacting Alphabet this week:

Negative Sentiment: Alphabet is losing key AI researchers and executives to competitors, including senior DeepMind and Gemini talent, which is fueling concerns that the company may be falling behind in the AI talent war. Alphabet paces for worst day in a year on AI concerns after high-profile exits
Negative Sentiment: Coverage from several outlets said Google’s online dominance is showing signs of cracking as AI models and AI-first search alternatives gain traction, adding to concerns about long-term search revenue growth. Google’s online dominance Is showing signs of cracking in AI era
Negative Sentiment: Broader tech-sector weakness and worries about aggressive AI spending by hyperscalers are weighing on Alphabet along with other mega-cap names. Alphabet, SpaceX, Intel, and More Stocks That Explain Today’s Market
Neutral Sentiment: Alphabet also announced a $75 million AI research partnership with A24, which shows continued investment in AI applications but does not appear to have offset concerns about talent losses and competitive pressure. Google DeepMind signs AI research deal with film studio A24

About Alphabet

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Alphabet Inc is the holding company created in 2015 to organize Google and a portfolio of businesses developing technologies beyond Google’s core internet services. Its principal operations are led by Google, which builds and operates consumer-facing products such as Google Search, YouTube, Android, Chrome, Gmail, Google Maps and Google Workspace, as well as advertising platforms (Google Ads and AdSense) that historically generate the majority of its revenue. Google also develops consumer hardware (Pixel phones, Nest smart-home devices, Chromecast) and developer and distribution platforms such as Google Play.

Beyond Google’s consumer and advertising businesses, Alphabet invests in enterprise and infrastructure offerings through Google Cloud, which provides cloud computing, data analytics and productivity services to businesses and institutions.