Alphabet (NASDAQ:GOOGL) Given New $360.00 Price Target at Wedbush

Alphabet (NASDAQ:GOOGL) had its price target boosted by equities research analysts at Wedbush from $350.00 to $360.00 in a research note issued to investors on Wednesday,MarketScreener reports. The firm currently has an “outperform” rating on the information services provider’s stock. Wedbush’s price target indicates a potential upside of 11.77% from the stock’s current price.

A number of other research analysts have also commented on GOOGL. Moffett Nathanson increased their price objective on Alphabet from $305.00 to $315.00 and gave the company a “buy” rating in a report on Tuesday, November 25th. Citizens Jmp lifted their price target on shares of Alphabet from $340.00 to $385.00 and gave the company a “market outperform” rating in a research report on Wednesday, December 31st. Melius Research boosted their price objective on shares of Alphabet from $220.00 to $255.00 in a research note on Thursday, September 25th. Argus lifted their target price on shares of Alphabet from $330.00 to $365.00 and gave the stock a “buy” rating in a report on Monday, January 5th. Finally, Robert W. Baird boosted their target price on shares of Alphabet from $310.00 to $350.00 and gave the stock an “outperform” rating in a research report on Tuesday. Three analysts have rated the stock with a Strong Buy rating, forty-four have given a Buy rating and five have assigned a Hold rating to the company’s stock. According to data from MarketBeat.com, Alphabet currently has an average rating of “Moderate Buy” and a consensus target price of $329.27.

Alphabet Price Performance

NASDAQ GOOGL opened at $322.10 on Wednesday. The company has a 50 day moving average price of $312.75 and a two-hundred day moving average price of $257.45. Alphabet has a 12-month low of $140.53 and a 12-month high of $340.49. The stock has a market capitalization of $3.89 trillion, a PE ratio of 31.74, a price-to-earnings-growth ratio of 1.82 and a beta of 1.08. The company has a quick ratio of 1.75, a current ratio of 1.75 and a debt-to-equity ratio of 0.06.

Alphabet (NASDAQ:GOOGL) last released its quarterly earnings data on Wednesday, October 29th. The information services provider reported $2.87 earnings per share (EPS) for the quarter, beating the consensus estimate of $2.29 by $0.58. The business had revenue of $102.35 billion during the quarter, compared to analyst estimates of $99.90 billion. Alphabet had a net margin of 32.23% and a return on equity of 35.00%. As a group, equities analysts predict that Alphabet will post 8.9 earnings per share for the current fiscal year.

Insiders Place Their Bets

In other news, CAO Amie Thuener O’toole sold 2,778 shares of the business’s stock in a transaction on Monday, December 15th. The shares were sold at an average price of $312.30, for a total value of $867,569.40. Following the sale, the chief accounting officer owned 8,962 shares in the company, valued at approximately $2,798,832.60. The trade was a 23.66% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. Also, Director Frances Arnold sold 102 shares of the stock in a transaction dated Wednesday, December 31st. The stock was sold at an average price of $313.45, for a total transaction of $31,971.90. Following the sale, the director owned 18,205 shares of the company’s stock, valued at $5,706,357.25. This trade represents a 0.56% decrease in their position. The SEC filing for this sale provides additional information. Insiders have sold 189,909 shares of company stock worth $57,927,282 over the last quarter. Corporate insiders own 11.55% of the company’s stock.

Institutional Inflows and Outflows

A number of institutional investors have recently modified their holdings of the company. Members Trust Co raised its holdings in shares of Alphabet by 0.5% in the fourth quarter. Members Trust Co now owns 6,434 shares of the information services provider’s stock valued at $2,014,000 after buying an additional 31 shares during the last quarter. Lifelong Wealth Advisors Inc. increased its holdings in shares of Alphabet by 1.9% in the fourth quarter. Lifelong Wealth Advisors Inc. now owns 1,728 shares of the information services provider’s stock worth $541,000 after acquiring an additional 33 shares in the last quarter. White Wing Wealth Management increased its stake in Alphabet by 2.9% during the 4th quarter. White Wing Wealth Management now owns 1,155 shares of the information services provider’s stock worth $362,000 after purchasing an additional 33 shares in the last quarter. Quantum Financial Advisors LLC raised its holdings in Alphabet by 0.3% during the 4th quarter. Quantum Financial Advisors LLC now owns 11,799 shares of the information services provider’s stock worth $3,693,000 after buying an additional 34 shares during the period. Finally, MRA Advisory Group lifted its position in Alphabet by 2.7% in the 4th quarter. MRA Advisory Group now owns 1,310 shares of the information services provider’s stock valued at $410,000 after acquiring an additional 35 shares in the last quarter. Institutional investors own 40.03% of the company’s stock.

Key Stories Impacting Alphabet

Here are the key news stories impacting Alphabet this week:

• Positive Sentiment: Google reports a surge in sales of its Gemini AI models, supporting revenue growth and monetization of its AI stack. Google Sees Surge in Sales of Gemini AI Models
• Positive Sentiment: Top analysts raised price targets: Deutsche Bank to $370 (buy) and Robert W. Baird to $350 (outperform), signaling continued analyst confidence and upside versus the current price. Deutsche Bank Adjusts Price Target on Alphabet Baird Adjusts Price Target on Alphabet
• Positive Sentiment: Multiple bullish pieces highlight Alphabet’s deep AI integration and long-term positioning (including coverage naming it a top AI/long‑term buy and commentary on Gemini powering Siri), supporting the case for sustained growth. A Once-in-a-Decade Investment Opportunity With Gemini Powering Apple’s Siri
• Neutral Sentiment: Isomorphic Labs (Alphabet‑backed drug discovery spinout) pushed expected clinical trials to late 2026, which tempers near‑term biotech upside but is not central to Alphabet’s core ad/cloud revenue drivers. Isomorphic Labs Delays Clinical Trial Timeline
• Negative Sentiment: Cantor Fitzgerald downgraded Alphabet from “strong‑buy” to “hold,” removing some near‑term analyst support and adding pressure to the stock. Zacks Cantor Fitzgerald Downgrade TickerReport Cantor Fitzgerald Downgrade
• Negative Sentiment: Broad tech weakness — driven by geopolitical/tariff tensions around Greenland — led a sector‑wide sell‑off, pressuring Alphabet despite company‑specific positives. This risk‑off environment is the proximate cause of the intraday pullback. Tech Stocks Lead Wall Street Sell-Off
• Negative Sentiment: Market reports and summaries note Alphabet declined more than the broader market in recent sessions, which can amplify short‑term momentum selling. Zacks: Here’s Why Alphabet Fell

About Alphabet

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.