Alphabet (NASDAQ:GOOGL – Get Free Report) had its price objective hoisted by analysts at Daiwa Securities Group from $333.00 to $380.00 in a report issued on Tuesday,MarketScreener reports. The brokerage currently has a “buy” rating on the information services provider’s stock. Daiwa Securities Group’s price target would indicate a potential upside of 20.49% from the stock’s previous close.
Other research analysts also recently issued reports about the stock. Sanford C. Bernstein increased their price target on shares of Alphabet from $305.00 to $335.00 and gave the stock a “market perform” rating in a research report on Monday, February 2nd. Citigroup boosted their price target on Alphabet from $350.00 to $390.00 and gave the company a “buy” rating in a report on Friday. Wall Street Zen upgraded Alphabet from a “hold” rating to a “buy” rating in a research report on Saturday, November 1st. Wedbush lifted their price objective on Alphabet from $360.00 to $370.00 and gave the company an “outperform” rating in a research report on Thursday, February 5th. Finally, KeyCorp set a $370.00 target price on shares of Alphabet and gave the stock an “overweight” rating in a research note on Thursday. Three investment analysts have rated the stock with a Strong Buy rating, forty-three have issued a Buy rating and five have issued a Hold rating to the company’s stock. Based on data from MarketBeat.com, the stock has a consensus rating of “Moderate Buy” and an average price target of $359.44.
View Our Latest Report on Alphabet
Alphabet Price Performance
Alphabet (NASDAQ:GOOGL – Get Free Report) last posted its earnings results on Wednesday, February 4th. The information services provider reported $2.82 earnings per share for the quarter, beating analysts’ consensus estimates of $2.57 by $0.25. The company had revenue of $113.83 billion for the quarter, compared to the consensus estimate of $111.24 billion. Alphabet had a return on equity of 35.01% and a net margin of 32.81%. On average, equities analysts predict that Alphabet will post 8.9 earnings per share for the current year.
Insider Buying and Selling
In other Alphabet news, CEO Sundar Pichai sold 32,500 shares of the firm’s stock in a transaction dated Wednesday, February 4th. The shares were sold at an average price of $335.18, for a total transaction of $10,893,350.00. Following the transaction, the chief executive officer owned 2,179,372 shares of the company’s stock, valued at approximately $730,481,906.96. This trade represents a 1.47% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available at this hyperlink. Also, major shareholder 2017 Gp L.L.C. Gv sold 1,845,308 shares of Alphabet stock in a transaction that occurred on Friday, January 30th. The shares were sold at an average price of $19.00, for a total transaction of $35,060,852.00. The disclosure for this sale is available in the SEC filing. Insiders sold 2,067,686 shares of company stock valued at $105,352,291 over the last quarter. 11.55% of the stock is owned by company insiders.
Institutional Trading of Alphabet
A number of institutional investors have recently made changes to their positions in the business. Cornerstone Select Advisors LLC raised its stake in Alphabet by 7.2% in the fourth quarter. Cornerstone Select Advisors LLC now owns 5,611 shares of the information services provider’s stock valued at $1,756,000 after buying an additional 379 shares during the last quarter. Eurizon Capital SGR S.p.A. acquired a new position in shares of Alphabet during the fourth quarter valued at about $808,849,000. Valpey Financial Services LLC increased its holdings in shares of Alphabet by 32,818.4% during the fourth quarter. Valpey Financial Services LLC now owns 318,321 shares of the information services provider’s stock valued at $99,634,000 after acquiring an additional 317,354 shares in the last quarter. JTC Employer Solutions Trustee Ltd raised its position in shares of Alphabet by 444.4% in the 4th quarter. JTC Employer Solutions Trustee Ltd now owns 548,629 shares of the information services provider’s stock valued at $171,705,000 after purchasing an additional 447,849 shares during the last quarter. Finally, Fideuram Asset Management Ireland dac acquired a new stake in shares of Alphabet during the fourth quarter worth $44,592,000. Institutional investors and hedge funds own 40.03% of the company’s stock.
Key Headlines Impacting Alphabet
Here are the key news stories impacting Alphabet this week:
- Positive Sentiment: Waymo ramps commercial scale — Alphabet’s self-driving unit Waymo says it is now fully autonomous in Nashville, signaling potential revenue upside from robotaxi expansion and differentiation in AI-driven mobility. Waymo goes fully autonomous in Nashville
- Positive Sentiment: Long-term clean power deal for data centers — TotalEnergies signed agreements to supply ~1 GW of solar to Google’s Texas data centers, reducing operational risk and supporting sustainability goals for cloud/AI operations. TotalEnergies to provide solar power to Google’s Texas data centres
- Positive Sentiment: Analyst support remains — JPMorgan reaffirmed a buy rating and some brokers have raised price targets, which supports demand for the shares amid near-term volatility. MarketScreener: JPMorgan maintains buy
- Neutral Sentiment: Large bond sale to fund AI capex — Alphabet sold about $20 billion of bonds across multiple maturities to finance heavy AI infrastructure spending; this funds growth but increases long-term leverage and interest obligations. Alphabet sells bonds worth $20 billion to fund AI spending
- Neutral Sentiment: App-store changes in UK — Apple and Google agreed to app-store concessions in the U.K.; this reduces some regulatory heat but signals regulators are pressing big tech on platform rules. Apple and Google agree app store changes to appease UK regulator
- Negative Sentiment: EU antitrust complaint on AI Overviews — The European Publishers Council filed a complaint with EU antitrust regulators over Google’s AI-generated summaries, raising the prospect of regulatory action that could limit product features or lead to fines. European Publishers Council files EU antitrust complaint about Google’s AI Overviews
- Negative Sentiment: Trademark lawsuit over AI tools — Autodesk sued Google alleging trademark infringement for AI video tools, adding to legal overhangs in AI product rollouts. Google sued by Autodesk over AI-powered movie-making software
- Negative Sentiment: Company flags new AI risks and investor concerns — Alphabet added AI-specific risk disclosures (including possible ad impacts and long-duration contracts) and faces public criticism (e.g., Michael Burry’s negative comments about century bonds); together these amplify uncertainty. Alphabet highlights new AI-related risks
- Negative Sentiment: Insider selling noted — Recent reported insider sales add a near-term negative signal for sentiment even though the transaction size is modest relative to Alphabet’s market cap. Insider selling: Alphabet CEO sells stock
Alphabet Company Profile
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.
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