President Capital Increases Alphabet (NASDAQ:GOOGL) Price Target to $375.00

Alphabet (NASDAQ:GOOGLGet Free Report) had its price target lifted by research analysts at President Capital from $323.00 to $375.00 in a research report issued to clients and investors on Tuesday,MarketScreener reports. The brokerage currently has a “buy” rating on the information services provider’s stock. President Capital’s price target indicates a potential upside of 18.91% from the company’s previous close.

Several other equities research analysts have also weighed in on GOOGL. DA Davidson upped their target price on shares of Alphabet from $300.00 to $310.00 and gave the stock a “neutral” rating in a report on Thursday, February 5th. Wedbush raised their target price on Alphabet from $360.00 to $370.00 and gave the company an “outperform” rating in a research note on Thursday, February 5th. Mizuho upped their price target on shares of Alphabet from $400.00 to $410.00 and gave the stock an “outperform” rating in a research report on Thursday, February 5th. HSBC raised their price objective on shares of Alphabet from $335.00 to $370.00 and gave the company a “buy” rating in a research report on Tuesday, December 2nd. Finally, Citic Securities increased their price target on shares of Alphabet from $230.00 to $310.00 and gave the company a “buy” rating in a research note on Monday, November 3rd. Three 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 stock. According to MarketBeat.com, the stock currently has an average rating of “Moderate Buy” and a consensus target price of $359.44.

Read Our Latest Report on GOOGL

Alphabet Stock Performance

NASDAQ:GOOGL opened at $315.37 on Tuesday. The firm has a market capitalization of $3.81 trillion, a PE ratio of 29.37, a price-to-earnings-growth ratio of 1.78 and a beta of 1.09. The company has a quick ratio of 2.01, a current ratio of 2.01 and a debt-to-equity ratio of 0.11. Alphabet has a 12-month low of $140.53 and a 12-month high of $349.00. The firm has a 50-day moving average price of $321.80 and a 200 day moving average price of $272.22.

Alphabet (NASDAQ:GOOGLGet Free Report) 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 35.01% and a net margin of 32.81%.The company had revenue of $113.83 billion for the quarter, compared to analyst estimates of $111.24 billion. Research analysts anticipate that Alphabet will post 8.9 earnings per share for the current fiscal year.

Insider Activity at Alphabet

In related news, CAO Amie Thuener O’toole sold 2,778 shares of the company’s stock in a transaction on Monday, November 17th. The shares were sold at an average price of $288.26, for a total value of $800,786.28. Following the completion of the transaction, the chief accounting officer directly owned 11,739 shares of the company’s stock, valued at approximately $3,383,884.14. This represents a 19.14% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. Also, major shareholder 2017 Gp L.L.C. Gv sold 1,845,308 shares of the company’s stock in a transaction dated 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 have sold 2,067,686 shares of company stock worth $105,352,291 over the last ninety days. 11.55% of the stock is owned by corporate insiders.

Hedge Funds Weigh In On Alphabet

Large investors have recently modified their holdings of the business. Symmetry Partners LLC grew its stake in shares of Alphabet by 0.4% in the fourth quarter. Symmetry Partners LLC now owns 7,912 shares of the information services provider’s stock valued at $2,476,000 after buying an additional 30 shares in the last quarter. Members Trust Co grew its holdings in Alphabet by 0.5% during the fourth quarter. Members Trust Co now owns 6,434 shares of the information services provider’s stock worth $2,014,000 after purchasing an additional 31 shares during the period. Altfest L J & Co. Inc. boosted its stake in shares of Alphabet by 0.4% during the 4th quarter. Altfest L J & Co. Inc. now owns 7,952 shares of the information services provider’s stock worth $2,489,000 after acquiring an additional 31 shares during the period. Insight 2811 Inc. increased its holdings in shares of Alphabet by 1.0% during the 4th quarter. Insight 2811 Inc. now owns 3,124 shares of the information services provider’s stock worth $978,000 after acquiring an additional 32 shares during the last quarter. Finally, LJI Wealth Management LLC raised its stake in Alphabet by 0.4% in the 4th quarter. LJI Wealth Management LLC now owns 7,265 shares of the information services provider’s stock valued at $2,274,000 after acquiring an additional 32 shares during the period. 40.03% of the stock is currently owned by institutional investors and hedge funds.

Key Stories 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

(Get Free Report)

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.

Further Reading

Analyst Recommendations for Alphabet (NASDAQ:GOOGL)

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