Alphabet (NASDAQ:GOOG) Stock Price Up 1% – Here’s What Happened

Posted by Stanley Muller on Oct 7th, 2026

Alphabet Inc. (NASDAQ:GOOG – Get Free Report)’s stock price traded up 1% on Monday. The company traded as high as $344.99 and last traded at $343.83. Approximately 13,111,822 shares traded hands during mid-day trading, a decline of 36% from the average session volume of 20,542,955 shares. The stock had previously closed at $340.35.

More Alphabet News

Here are the key news stories impacting Alphabet this week:

Positive Sentiment: Google secures long-term nuclear power for AI data centers. Alphabet’s Google signed agreements with Constellation Energy covering 890 megawatts of new nuclear capacity and 2,700 megawatts from existing plants, or roughly 3,590 megawatts in total. The 20-year commitments support reliable electricity for expanding AI infrastructure, while Constellation plans to invest more than $4 billion upgrading 11 reactors. Financial terms for Google were not disclosed. Google and Constellation nuclear agreement
Positive Sentiment: Waymo expands funding capacity. Alphabet-backed Waymo reportedly increased its first debt offering from $3 billion to $5 billion to finance international expansion and continued autonomous-driving development. The larger raise signals ambitious growth, although it also adds leverage to the self-driving business. Waymo debt raise
Neutral Sentiment: Analyst and fundamental support remains favorable. Recent commentary highlights Google Cloud’s strong AI-related growth, resilient advertising demand and Alphabet’s comparatively modest valuation. However, these are longer-term arguments rather than fresh earnings guidance.
Negative Sentiment: Finland data-center construction has been halted. Authorities ordered Google to stop most work on two facilities in a planned $15 billion AI buildout until environmental assessments are completed. The delay could increase costs and slow capacity deployment, although Google acknowledged the issue and said it had fallen short of its standards. Google Finland data-center halt
Negative Sentiment: Legal overhang is increasing. Multiple law firms are promoting a securities-fraud class action alleging Alphabet misrepresented the progress of its Gemini 3.5 Pro AI model before a sharp stock decline. Separately, Google faces a potential £1.2 billion UK lawsuit over Play Store fees and a multibillion-dollar U.S. ad-tech damages claim. The announcements do not establish liability, but they add headline and potential financial risk. Google UK Play Store lawsuit

Analyst Ratings Changes

A number of research analysts recently issued reports on GOOG shares. KeyCorp restated an “overweight” rating and set a $435.00 price objective on shares of Alphabet in a report on Thursday, October 1st. Jefferies Financial Group reiterated a “buy” rating on shares of Alphabet in a report on Monday, August 3rd. Wells Fargo & Company set a $417.00 price target on shares of Alphabet and gave the stock an “overweight” rating in a research report on Tuesday. Citigroup reissued a “market outperform” rating on shares of Alphabet in a report on Friday, August 14th. Finally, Piper Sandler upped their price objective on shares of Alphabet from $395.00 to $400.00 and gave the company an “overweight” rating in a research report on Monday, September 28th. Six research analysts have rated the stock with a Strong Buy rating, thirty-five have given a Buy rating and three have given a Hold rating to the stock. According to MarketBeat, the stock has a consensus rating of “Buy” and an average price target of $420.07.

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Alphabet Price Performance

The company’s fifty day moving average price is $342.68 and its two-hundred day moving average price is $346.13. The company has a quick ratio of 2.64, a current ratio of 2.72 and a debt-to-equity ratio of 0.16. The company has a market cap of $4.21 trillion, a price-to-earnings ratio of 17.31, a PEG ratio of 1.00 and a beta of 1.19.

Alphabet (NASDAQ:GOOG – Get Free Report) last issued its quarterly earnings data on Thursday, July 23rd. The information services provider reported $9.11 EPS for the quarter, topping analysts’ consensus estimates of $2.87 by $6.24. The business had revenue of $119.80 billion for the quarter, compared to analyst estimates of $116.53 billion. Alphabet had a net margin of 54.77% and a return on equity of 51.32%. The firm’s quarterly revenue was up 24.2% on a year-over-year basis. During the same period last year, the business posted $2.31 earnings per share. On average, equities research analysts forecast that Alphabet Inc. will post 20.55 EPS for the current fiscal year.

Alphabet Announces Dividend

The company also recently announced a quarterly dividend, which was paid on Monday, September 14th. Shareholders of record on Monday, September 7th were issued a dividend of $0.22 per share. This represents a $0.88 dividend on an annualized basis and a yield of 0.3%. The ex-dividend date was Friday, September 4th. Alphabet’s dividend payout ratio is 4.42%.

Insider Buying and Selling at Alphabet

In related news, Director Frances Arnold sold 83 shares of the stock in a transaction dated Wednesday, September 30th. The stock was sold at an average price of $340.45, for a total transaction of $28,257.35. Following the completion of the transaction, the director directly owned 19,076 shares in the company, valued at approximately $6,494,424.20. This trade represents a 0.43% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, major shareholder 2019 Gp L.L.C. Gv sold 118,138 shares of Alphabet stock in a transaction that occurred on Tuesday, July 28th. The shares were sold at an average price of $18.90, for a total value of $2,232,808.20. The SEC filing for this sale provides additional information. Insiders have sold 441,399 shares of company stock valued at $8,677,053 in the last 90 days. 12.99% of the stock is currently owned by company insiders.

Hedge Funds Weigh In On Alphabet

Several hedge funds have recently made changes to their positions in the business. Juncture Wealth Strategies LLC boosted its holdings in Alphabet by 3.2% during the third quarter. Juncture Wealth Strategies LLC now owns 2,243 shares of the information services provider’s stock worth $764,000 after purchasing an additional 69 shares during the last quarter. PPS&V Asset Management Consultants Inc. grew its position in Alphabet by 11.2% in the third quarter. PPS&V Asset Management Consultants Inc. now owns 636 shares of the information services provider’s stock valued at $217,000 after purchasing an additional 64 shares in the last quarter. Congress Asset Management Co. increased its stake in Alphabet by 19.9% in the 3rd quarter. Congress Asset Management Co. now owns 75,582 shares of the information services provider’s stock valued at $25,754,000 after buying an additional 12,521 shares during the last quarter. Moody National Bank Trust Division increased its stake in Alphabet by 11.9% in the 3rd quarter. Moody National Bank Trust Division now owns 29,763 shares of the information services provider’s stock valued at $10,141,000 after buying an additional 3,157 shares during the last quarter. Finally, Colton Groome Financial Advisors LLC lifted its position in Alphabet by 2.9% during the 3rd quarter. Colton Groome Financial Advisors LLC now owns 2,924 shares of the information services provider’s stock worth $996,000 after buying an additional 82 shares in the last quarter. 27.26% of the stock is owned by institutional investors.

About Alphabet

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Alphabet Inc is a technology holding company best known as the parent company of Google. Established in 2015 through a corporate restructuring, Alphabet oversees Google and a collection of businesses focused on technology, innovation and emerging industries. Sundar Pichai serves as Alphabet’s chief executive officer and also leads Google.

Google is Alphabet’s primary business and operates an internet ecosystem that includes Google Search, online advertising, YouTube, Android, Chrome, Google Maps, Google Play and Google Photos.