Cantor Fitzgerald Reiterates Overweight Rating for Alphabet (NASDAQ:GOOGL)

Alphabet (NASDAQ:GOOGL)‘s stock had its “overweight” rating reiterated by equities researchers at Cantor Fitzgerald in a research report issued to clients and investors on Wednesday,Benzinga reports. They presently have a $370.00 price objective on the information services provider’s stock. Cantor Fitzgerald’s price target indicates a potential upside of 21.13% from the stock’s current price.

Several other equities research analysts have also recently issued reports on the stock. Weiss Ratings restated a “buy (b)” rating on shares of Alphabet in a research report on Wednesday, January 21st. Wells Fargo & Company decreased their target price on shares of Alphabet from $397.00 to $361.00 and set an “overweight” rating on the stock in a report on Thursday, April 2nd. Robert W. Baird increased their price target on shares of Alphabet from $375.00 to $380.00 and gave the company an “outperform” rating in a research note on Friday, March 6th. Jefferies Financial Group lifted their price target on shares of Alphabet from $365.00 to $400.00 and gave the company a “buy” rating in a research report on Monday, February 2nd. Finally, Wolfe Research upped their price objective on Alphabet from $380.00 to $390.00 and gave the company an “outperform” rating in a report on Friday, January 23rd. Three investment analysts have rated the stock with a Strong Buy rating, forty-four have given a Buy rating and four have assigned a Hold rating to the company’s stock. Based on data from MarketBeat, Alphabet currently has a consensus rating of “Moderate Buy” and a consensus target price of $367.33.

Alphabet Stock Up 1.8%

GOOGL stock opened at $305.46 on Wednesday. The company has a current ratio of 2.01, a quick ratio of 2.01 and a debt-to-equity ratio of 0.11. The firm has a 50-day moving average of $308.04 and a two-hundred day moving average of $297.62. Alphabet has a 12 month low of $143.03 and a 12 month high of $349.00. The company has a market cap of $3.70 trillion, a price-to-earnings ratio of 28.26, a PEG ratio of 1.81 and a beta of 1.12.

Alphabet (NASDAQ:GOOGL) last posted its quarterly earnings results on Wednesday, February 4th. The information services provider reported $2.82 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $2.57 by $0.25. Alphabet had a return on equity of 35.01% and a net margin of 32.81%.The business had revenue of $113.83 billion during the quarter, compared to analyst estimates of $111.24 billion. As a group, analysts forecast that Alphabet will post 8.9 earnings per share for the current fiscal year.

Insider Buying and Selling

In other news, insider John Kent Walker sold 8,993 shares of Alphabet stock in a transaction on Friday, March 27th. The stock was sold at an average price of $275.89, for a total value of $2,481,078.77. Following the completion of the sale, the insider directly owned 51,808 shares of the company’s stock, valued at approximately $14,293,309.12. The trade was a 14.79% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which can be accessed through this hyperlink. Also, Director John L. Hennessy sold 1,050 shares of the business’s stock in a transaction on Monday, March 16th. The shares were sold at an average price of $303.41, for a total value of $318,580.50. Following the completion of the sale, the director owned 4,631 shares in the company, valued at $1,405,091.71. This represents a 18.48% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Insiders have sold 2,069,344 shares of company stock valued at $104,708,426 over the last quarter. 11.55% of the stock is owned by corporate insiders.

Institutional Trading of Alphabet

A number of institutional investors and hedge funds have recently bought and sold shares of GOOGL. Lifetime Wealth Management P.C. purchased a new stake in Alphabet during the 4th quarter worth approximately $32,000. EMC Capital Management purchased a new position in Alphabet in the 4th quarter valued at approximately $33,000. PMV Capital Advisers LLC acquired a new position in shares of Alphabet in the fourth quarter worth $38,000. IFC & Insurance Marketing Inc. purchased a new stake in shares of Alphabet during the fourth quarter worth $38,000. Finally, Bard Associates Inc. purchased a new stake in shares of Alphabet during the fourth quarter worth $52,000. 40.03% of the stock is currently owned by hedge funds and other institutional investors.

Key Headlines Impacting Alphabet

Here are the key news stories impacting Alphabet this week:

• Positive Sentiment: Needham reiterated a “buy” on Alphabet and raised its price target to $400, implying significant upside versus the current level — a clear near-term catalyst for bullish positioning. Needham $400 price target
• Positive Sentiment: Broadcom signed long-term deals to develop and supply custom AI chips for Google (multi‑year through 2031), which strengthens Google’s control over AI rack economics and reduces reliance on third parties — supportive for cloud margin leverage and capital efficiency. Broadcom signs long-term deal to develop Google’s custom AI chips
• Positive Sentiment: Market commentary highlights that Google Cloud is now the fastest‑growing major cloud platform (driven by AI workloads, Vertex AI/BiqQuery and TPUs), with a much larger backlog and improving margins — a structural revenue and profit driver for Alphabet.
• Positive Sentiment: Analysts and experts argue Alphabet holds significant unrealized value from strategic investments (SpaceX, Anthropic) that could be considered “hidden assets,” supporting a higher valuation multiple if monetization or clearer accounting emerges. Alphabet sheds its ‘black hole’ label
• Neutral Sentiment: CEO Sundar Pichai said Alphabet is deploying more capital into AI-era startups (SpaceX, Anthropic examples), signaling continued strategic investments that could pay off long‑term but increase near‑term cash deployment. Pichai says AI shift opens opportunities
• Neutral Sentiment: Waymo expanded public driverless rides to Nashville (Lyft integration planned), a commercialization milestone for autonomy but one that still has uncertain near‑term revenue implications. Waymo opens driverless rides in Nashville
• Negative Sentiment: Media scrutiny (NYT piece) questions the accuracy and sourcing of Google’s AI-generated overviews — a reputational/regulatory risk that could pressure ad trust or trigger tighter oversight if issues persist. How Accurate Are Google’s A.I. Overviews?

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.