Alphabet (NASDAQ:GOOGL) Price Target Raised to $400.00 at Royal Bank Of Canada

Alphabet (NASDAQ:GOOGL) had its price target boosted by Royal Bank Of Canada from $375.00 to $400.00 in a research note issued to investors on Thursday, Marketbeat.com reports. The brokerage currently has an “outperform” rating on the information services provider’s stock. Royal Bank Of Canada’s price objective suggests a potential upside of 23.47% from the company’s previous close.

GOOGL has been the subject of several other research reports. Roth Mkm increased their price objective on shares of Alphabet from $365.00 to $395.00 and gave the company a “buy” rating in a research report on Thursday. Bank of America lifted their price target on shares of Alphabet from $335.00 to $370.00 and gave the stock a “buy” rating in a research note on Tuesday, January 13th. Rosenblatt Securities boosted their price objective on shares of Alphabet from $279.00 to $357.00 and gave the stock a “neutral” rating in a report on Thursday. Wall Street Zen upgraded Alphabet from a “hold” rating to a “buy” rating in a research note on Saturday, November 1st. Finally, Argus boosted their price target on Alphabet from $330.00 to $365.00 and gave the stock a “buy” rating in a research note on Monday, January 5th. Four research analysts have rated the stock with a Strong Buy rating, forty-three have issued a Buy rating and five have given a Hold rating to the stock. According to data from MarketBeat.com, the stock presently has an average rating of “Moderate Buy” and an average price target of $351.59.

Alphabet Trading Down 2.7%

Shares of NASDAQ GOOGL traded down $9.08 on Thursday, reaching $323.96. 52,192,191 shares of the company traded hands, compared to its average volume of 33,748,418. The stock has a market capitalization of $3.91 trillion, a PE ratio of 31.95, a P/E/G ratio of 2.05 and a beta of 1.09. Alphabet has a fifty-two week low of $140.53 and a fifty-two week high of $349.00. The company has a current ratio of 1.75, a quick ratio of 1.75 and a debt-to-equity ratio of 0.06. The company has a 50 day moving average of $321.32 and a 200 day moving average of $268.82.

Alphabet (NASDAQ:GOOGL) last released its quarterly earnings data on Wednesday, February 4th. The information services provider reported $2.82 earnings per share for the quarter, beating the consensus estimate of $2.57 by $0.25. Alphabet had a return on equity of 35.00% and a net margin of 32.23%.The business had revenue of $113.83 billion for the quarter, compared to analyst estimates of $111.24 billion. On average, equities research analysts forecast that Alphabet will post 8.9 earnings per share for the current fiscal year.

Insider Transactions at Alphabet

In other news, CEO Sundar Pichai sold 32,500 shares of Alphabet stock in a transaction on Wednesday, January 21st. The stock was sold at an average price of $327.30, for a total transaction of $10,637,250.00. Following the transaction, the chief executive officer directly owned 2,211,872 shares in the company, valued at approximately $723,945,705.60. This trade represents a 1.45% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. Also, major shareholder 2017 Gp L.L.C. Gv sold 1,845,308 shares of the business’s stock in a transaction on Friday, January 30th. The stock was sold at an average price of $19.00, for a total value of $35,060,852.00. The SEC filing for this sale provides additional information. Insiders sold a total of 2,035,186 shares of company stock valued at $94,458,941 over the last three months. 11.64% of the stock is owned by company insiders.

Hedge Funds Weigh In On Alphabet

A number of hedge funds and other institutional investors have recently modified their holdings of the stock. Brighton Jones LLC grew its holdings in shares of Alphabet by 3.9% during the fourth quarter. Brighton Jones LLC now owns 110,330 shares of the information services provider’s stock valued at $20,886,000 after buying an additional 4,110 shares in the last quarter. Revolve Wealth Partners LLC grew its stake in Alphabet by 3.5% during the 4th quarter. Revolve Wealth Partners LLC now owns 14,930 shares of the information services provider’s stock valued at $2,826,000 after acquiring an additional 506 shares in the last quarter. B.O.S.S. Retirement Advisors LLC increased its holdings in shares of Alphabet by 13.9% in the 2nd quarter. B.O.S.S. Retirement Advisors LLC now owns 9,839 shares of the information services provider’s stock valued at $1,734,000 after purchasing an additional 1,200 shares during the period. Precision Wealth Strategies LLC lifted its position in shares of Alphabet by 498.8% in the second quarter. Precision Wealth Strategies LLC now owns 10,222 shares of the information services provider’s stock worth $1,801,000 after purchasing an additional 8,515 shares in the last quarter. Finally, NRI Wealth Management LC purchased a new stake in shares of Alphabet in the second quarter worth approximately $225,000. 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: Alphabet beat Q4 estimates and showed robust Cloud growth (48% YoY) and record annual revenue, reinforcing durable demand for Search, YouTube and enterprise AI. MarketBeat earnings summary
• Positive Sentiment: Google Cloud backlog and enterprise wins (big backlog increase, deals like Anthropic/Meta customers) support higher long‑term monetization from AI infrastructure. Earnings call details
• Positive Sentiment: YouTube and subscription momentum (325M paying users; >$60B YouTube revenue annually) provide diversified, high‑margin revenue streams. TechCrunch on subscriptions
• Positive Sentiment: Waymo’s large private fundraising reduces Alphabet’s near‑term cash burden for autonomous driving and validates the unit’s standalone value. CNBC Waymo fundraising
• Neutral Sentiment: Multiple analysts raised price targets and reiterated buys — a bullish long‑term signal but one that can increase intraday volatility as expectations rise. Analyst price‑target coverage
• Neutral Sentiment: Minor insider stock sales were reported; the transactions are small relative to total float and provide limited signal beyond short‑term sentiment. SEC filing on insider sale
• Negative Sentiment: Alphabet guided to massive 2026 capex of $175–$185 billion to scale AI/data centers — well above Street expectations — which spooked investors and pressured the stock despite the beat. Reuters on capex forecast
• Negative Sentiment: Markets reacted with broader tech weakness (Nasdaq pressure) as traders re‑rate growth vs. near‑term cash requirements; some chip and supplier implications are positive, but investor risk appetite tightened. Proactive Investors on market reaction
• Negative Sentiment: Regulatory and legal risks persist (Waymo safety hearings; a $135M Android data‑transfer settlement) that could add execution/PR headwinds. Reuters on Waymo hearing MSN on Android settlement

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.