Alphabet (NASDAQ:GOOG) Stock Price Expected to Rise, TD Cowen Analyst Says

Alphabet (NASDAQ:GOOG) had its price target lifted by equities researchers at TD Cowen from $375.00 to $450.00 in a note issued to investors on Thursday,Benzinga reports. The brokerage presently has a “buy” rating on the information services provider’s stock. TD Cowen’s price objective points to a potential upside of 17.43% from the stock’s previous close.

Several other brokerages have also recently commented on GOOG. BMO Capital Markets reiterated an “outperform” rating and set a $400.00 price target on shares of Alphabet in a research report on Thursday, February 5th. Weiss Ratings restated a “buy (b)” rating on shares of Alphabet in a report on Monday, April 20th. JPMorgan Chase & Co. upped their target price on Alphabet from $385.00 to $395.00 and gave the company an “overweight” rating in a report on Thursday, February 5th. Sanford C. Bernstein restated a “market perform” rating and issued a $345.00 target price on shares of Alphabet in a report on Thursday, February 5th. Finally, Piper Sandler restated an “overweight” rating and issued a $395.00 target price on shares of Alphabet in a report on Thursday, February 5th. Six analysts have rated the stock with a Strong Buy rating, twenty-eight have issued a Buy rating and three have given a Hold rating to the company’s stock. According to MarketBeat.com, the company has an average rating of “Buy” and an average price target of $362.73.

Alphabet Stock Up 0.3%

Shares of GOOG opened at $383.22 on Thursday. The company has a debt-to-equity ratio of 0.16, a quick ratio of 2.01 and a current ratio of 1.92. Alphabet has a one year low of $149.49 and a one year high of $383.39. The stock has a market capitalization of $4.64 trillion, a price-to-earnings ratio of 29.23, a PEG ratio of 2.35 and a beta of 1.13. The stock has a 50 day moving average price of $312.44 and a 200 day moving average price of $307.77.

Alphabet (NASDAQ:GOOG) last issued its quarterly earnings results on Wednesday, April 29th. The information services provider reported $5.11 EPS for the quarter, topping the consensus estimate of $2.68 by $2.43. Alphabet had a return on equity of 38.99% and a net margin of 37.92%.The firm had revenue of $109.90 billion during the quarter, compared to analysts’ expectations of $106.96 billion. During the same period in the previous year, the business earned $2.81 earnings per share. The firm’s revenue for the quarter was up 21.8% on a year-over-year basis. Equities research analysts forecast that Alphabet will post 11.62 earnings per share for the current fiscal year.

Insiders Place Their Bets

In other news, insider John Kent Walker sold 47,574 shares of the company’s stock in a transaction on Tuesday, February 17th. The stock was sold at an average price of $301.45, for a total value of $14,341,182.30. Following the transaction, the insider owned 13,227 shares of the company’s stock, valued at $3,987,279.15. This represents a 78.25% decrease in their position. The sale was disclosed in a document filed with the SEC, which is available at this hyperlink. Also, CAO Amie Thuener O’toole sold 955 shares of the company’s stock in a transaction on Tuesday, March 3rd. The shares were sold at an average price of $298.00, for a total value of $284,590.00. Following the completion of the transaction, the chief accounting officer directly owned 9,918 shares in the company, valued at approximately $2,955,564. This trade represents a 8.78% decrease in their position. The disclosure for this sale is available in the SEC filing. In the last 90 days, insiders sold 191,986 shares of company stock worth $59,159,207. Company insiders own 12.99% of the company’s stock.

Hedge Funds Weigh In On Alphabet

Large investors have recently modified their holdings of the business. Auto Owners Insurance Co lifted its stake in Alphabet by 38,409.2% during the 4th quarter. Auto Owners Insurance Co now owns 179,836,276 shares of the information services provider’s stock worth $5,643,262,000 after acquiring an additional 179,369,280 shares in the last quarter. J. Stern & Co. LLP lifted its stake in Alphabet by 28,482.8% during the 4th quarter. J. Stern & Co. LLP now owns 112,091,870 shares of the information services provider’s stock worth $35,174,429,000 after acquiring an additional 111,699,704 shares in the last quarter. Norges Bank acquired a new position in Alphabet during the 4th quarter worth about $18,093,665,000. Cardano Risk Management B.V. lifted its stake in Alphabet by 850.3% during the 4th quarter. Cardano Risk Management B.V. now owns 17,692,600 shares of the information services provider’s stock worth $5,551,938,000 after acquiring an additional 15,830,754 shares in the last quarter. Finally, Vanguard Group Inc. lifted its stake in Alphabet by 2.0% during the 4th quarter. Vanguard Group Inc. now owns 421,013,782 shares of the information services provider’s stock worth $132,114,125,000 after acquiring an additional 8,128,234 shares in the last quarter. Institutional investors and hedge funds own 27.26% of the company’s stock.

Trending Headlines about Alphabet

Here are the key news stories impacting Alphabet this week:

• Positive Sentiment: Record Q1 fundamentals — Alphabet beat estimates (EPS $5.11 vs. $2.64 consensus) and reported $109.9B revenue; Google Cloud grew ~63% to ~ $20B with a very large backlog, which underpins multi-year revenue visibility and explains the rally. Alphabet Q1 2026 Earnings Call Highlights
• Positive Sentiment: Wall Street is upgrading targets — multiple firms (JPMorgan, TD Cowen, Scotiabank, Raymond James, Piper Sandler and others) raised price targets and reiterated buys after the quarter, signaling analyst conviction that AI/cloud growth justifies higher valuation. Coverage: Recent price-target raises
• Positive Sentiment: Strategic wins and ecosystem advantages — articles argue Alphabet’s “compute” advantage (TPUs, datacenter scale, full‑stack Gemini integrations) gives it a structural edge versus rivals and supports both ad/product monetization and enterprise AI demand. Compute is destiny. Google just proved it.
• Neutral Sentiment: Government and enterprise demand — the U.S. Pentagon and other large customers have agreements with leading AI providers including Google, validating long-term cloud/AI revenue channels but timing and contract sizes vary. This supports durable demand but is not an immediate revenue kicker. Pentagon reaches agreements with leading AI companies
• Negative Sentiment: CapEx intensity and cash flow tradeoff — management signaled very large AI-related capital spending (2026 capex ~ $185–190B and “significantly higher” expected in 2027). That funds growth but will pressure free cash flow and raises execution/ROI scrutiny. Alphabet ups 2026 capex to as much as $190 billion
• Negative Sentiment: Rising cost concerns and regulatory risks — commentary highlights the growing capital and operating cost of AI (potential margin/cashflow headwinds), and regulators in Europe are probing Google’s AI/search features — both are watch‑items for investors. Google Stock Growth Collides With The Rising Cost Of AI Italy asks EU to investigate Google AI search tools

About Alphabet

Alphabet Inc (NASDAQ: GOOG) is a multinational technology holding company headquartered in Mountain View, California. Formed in 2015 through a corporate restructuring of Google, Alphabet serves as the parent to Google LLC and a portfolio of businesses collectively known as “Other Bets.” Google was originally founded in 1998 by Larry Page and Sergey Brin; Alphabet is led by CEO Sundar Pichai, who oversees Google and the broader company while the founders remain prominent shareholders and influential figures in the company’s history.

Alphabet’s core business centers on internet search and advertising, with Google Search and the company’s ad platforms (including Google Ads and AdSense) generating the majority of revenue by connecting advertisers with consumers worldwide.