Alphabet (NASDAQ:GOOG – Get Free Report) had its price objective hoisted by analysts at JPMorgan Chase & Co. from $385.00 to $395.00 in a research note issued on Thursday,Benzinga reports. The firm currently has an “overweight” rating on the information services provider’s stock. JPMorgan Chase & Co.‘s price target suggests a potential upside of 19.77% from the stock’s previous close.
Other analysts also recently issued reports about the stock. HSBC reiterated a “buy” rating and issued a $335.00 price target on shares of Alphabet in a research report on Thursday, October 30th. Scotiabank reissued an “outperform” rating and set a $400.00 price target (up from $375.00) on shares of Alphabet in a research report on Thursday. Loop Capital upgraded shares of Alphabet from a “hold” rating to a “strong-buy” rating in a research report on Tuesday, November 18th. BNP Paribas Exane began coverage on Alphabet in a research report on Monday, November 24th. They set an “outperform” rating on the stock. Finally, Mizuho set a $325.00 price target on Alphabet in a research note on Thursday, October 30th. Eight equities research analysts have rated the stock with a Strong Buy rating, twenty-eight have given a Buy rating, four have assigned a Hold rating and one has issued a Sell rating to the company. According to MarketBeat, the stock has a consensus rating of “Buy” and an average target price of $343.47.
Get Our Latest Research Report on GOOG
Alphabet Trading Down 1.1%
Alphabet (NASDAQ:GOOG – Get Free Report) last released its quarterly earnings data on Wednesday, February 4th. The information services provider reported $2.82 EPS for the quarter, beating analysts’ consensus estimates of $2.59 by $0.23. Alphabet had a return on equity of 35.00% and a net margin of 32.23%.The business had revenue of $113.83 billion during the quarter, compared to the consensus estimate of $111.24 billion. During the same quarter in the prior year, the company posted $2.15 earnings per share. The firm’s revenue was up 18.0% on a year-over-year basis. On average, equities research analysts anticipate that Alphabet will post 8.89 EPS for the current year.
Insider Buying and Selling at Alphabet
In related news, CEO Sundar Pichai sold 32,500 shares of the company’s stock in a transaction that occurred on Wednesday, January 21st. The shares were sold at an average price of $327.30, for a total transaction of $10,637,250.00. Following the completion of the transaction, the chief executive officer directly owned 2,211,872 shares in the company, valued at $723,945,705.60. This represents a 1.45% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through this hyperlink. Also, major shareholder 2017 Gp L.L.C. Gv sold 1,845,308 shares of Alphabet stock in a transaction dated Friday, January 30th. The shares were 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 a total of 2,037,964 shares of company stock worth $95,259,727 in the last ninety days. Insiders own 12.99% of the company’s stock.
Institutional Inflows and Outflows
A number of hedge funds and other institutional investors have recently modified their holdings of GOOG. WestEnd Advisors LLC boosted its stake in Alphabet by 58.7% during the second quarter. WestEnd Advisors LLC now owns 165 shares of the information services provider’s stock worth $29,000 after acquiring an additional 61 shares in the last quarter. Fairman Group LLC increased its position in Alphabet by 121.3% in the 2nd quarter. Fairman Group LLC now owns 177 shares of the information services provider’s stock valued at $31,000 after buying an additional 97 shares in the last quarter. University of Illinois Foundation bought a new stake in Alphabet in the 2nd quarter valued at about $31,000. Imprint Wealth LLC acquired a new stake in Alphabet in the third quarter valued at approximately $31,000. Finally, Manning & Napier Advisors LLC bought a new stake in shares of Alphabet during the third quarter valued at approximately $32,000. Institutional investors and hedge funds own 27.26% of the company’s stock.
More Alphabet News
Here are the key news stories impacting Alphabet this week:
- Positive Sentiment: Beat and momentum — Q4 revenue and EPS beat estimates, annual revenue topped $400B, Google Cloud revenue jumped ~48% and backlog roughly doubled, supporting durable growth expectations. Alphabet Crushes Earnings Again
- Positive Sentiment: AI monetization evidence — Seeking Alpha and other coverage highlight strong Gemini adoption and enterprise AI upsells that underpin cloud traction and long‑term monetization. Alphabet: The Tech Conglomerate To Own
- Positive Sentiment: Institutional interest — some funds added new or larger GOOG positions (new $15.7M position by Applied Finance; Crossmark additions noted), signalling continued buy-side conviction into the AI/cloud theme. Applied Finance opens new GOOG position
- Neutral Sentiment: Analysts mixed — many price‑target raises and buy ratings remain, but a few analysts (and some banks) flagged that the aggressive capex and near‑term valuation compressions justify more cautious views. TipRanks: Hold rating citing capex & valuation
- Neutral Sentiment: Event risk remains elevated — options and ETF flows imply a sizable near‑term move; market direction will hinge on how investors price the trade‑off between growth and heavy infrastructure spending. ETFs to Watch as Alphabet Reports Q4 Earnings
- Negative Sentiment: CapEx shock — management guided $175–$185B in 2026 capex (roughly double 2025), a surprise that prompted concern about near‑term returns and free‑cash‑flow timing. That guidance is the primary driver of today’s weakness. Reuters: Alphabet forecasts sharp surge in capex
- Negative Sentiment: Market reaction & sentiment — coverage notes shares fell on the capex outlook despite the beat; large tech/ETF moves dragged indices and created short‑term selling pressure. MarketWatch: Why Alphabet’s stock is falling
- Negative Sentiment: Insider/institutional trimming — filings show insider sales and some funds trimming GOOG, which can amplify near‑term downside when coupled with a stretched valuation. SEC insider filing
About Alphabet
Alphabet Inc (NASDAQ: GOOG) is a multinational technology holding company headquartered in Mountain View, California. Formed in 2015 through a corporate restructuring of Google, Alphabet serves as the parent to Google LLC and a portfolio of businesses collectively known as “Other Bets.” Google was originally founded in 1998 by Larry Page and Sergey Brin; Alphabet is led by CEO Sundar Pichai, who oversees Google and the broader company while the founders remain prominent shareholders and influential figures in the company’s history.
Alphabet’s core business centers on internet search and advertising, with Google Search and the company’s ad platforms (including Google Ads and AdSense) generating the majority of revenue by connecting advertisers with consumers worldwide.
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