Alphabet (NASDAQ:GOOGL) Price Target Raised to $180.00

Alphabet (NASDAQ:GOOGL) had its price target upped by DA Davidson from $160.00 to $180.00 in a report published on Thursday,Benzinga reports. The firm currently has a neutral rating on the information services provider’s stock. DA Davidson also issued estimates for Alphabet’s Q3 2025 earnings at $2.26 EPS, FY2025 earnings at $9.81 EPS and FY2026 earnings at $10.27 EPS.

Other analysts have also recently issued reports about the company. Piper Sandler increased their price objective on Alphabet from $185.00 to $195.00 and gave the company an “overweight” rating in a research note on Friday, April 25th. UBS Group upped their price target on Alphabet from $192.00 to $202.00 and gave the stock a “neutral” rating in a report on Thursday. JMP Securities lifted their price objective on Alphabet from $220.00 to $225.00 and gave the company a “market outperform” rating in a research note on Thursday. Morgan Stanley boosted their price objective on Alphabet from $185.00 to $205.00 and gave the stock an “overweight” rating in a research report on Monday, July 21st. Finally, Stifel Nicolaus raised their target price on shares of Alphabet from $200.00 to $218.00 and gave the company a “buy” rating in a report on Tuesday, July 22nd. Ten investment analysts have rated the stock with a hold rating, twenty-nine have assigned a buy rating and four have given a strong buy rating to the company’s stock. Based on data from MarketBeat, the stock has an average rating of “Moderate Buy” and a consensus price target of $211.32.

Alphabet Stock Performance

Shares of Alphabet stock opened at $193.18 on Thursday. The company has a debt-to-equity ratio of 0.07, a current ratio of 1.90 and a quick ratio of 1.77. The stock has a market capitalization of $2.34 trillion, a price-to-earnings ratio of 20.57, a price-to-earnings-growth ratio of 1.33 and a beta of 1.00. The business has a 50-day moving average of $175.77 and a 200 day moving average of $172.93. Alphabet has a 12 month low of $140.53 and a 12 month high of $207.05.

Alphabet (NASDAQ:GOOGL) last released its earnings results on Thursday, April 24th. The information services provider reported $2.81 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $2.02 by $0.79. The company had revenue of $76.49 billion for the quarter, compared to analyst estimates of $89.30 billion. Alphabet had a net margin of 31.12% and a return on equity of 34.31%. During the same period in the prior year, the business earned $1.89 EPS. As a group, sell-side analysts forecast that Alphabet will post 8.9 earnings per share for the current year.

Alphabet Dividend Announcement

The company also recently disclosed a quarterly dividend, which will be paid on Monday, September 15th. Shareholders of record on Monday, September 8th will be given a dividend of $0.21 per share. The ex-dividend date is Monday, September 8th. This represents a $0.84 dividend on an annualized basis and a yield of 0.43%. Alphabet’s payout ratio is currently 8.95%.

Insider Transactions at Alphabet

In related news, CEO Sundar Pichai sold 32,500 shares of the stock in a transaction dated Wednesday, July 16th. The shares were sold at an average price of $184.38, for a total transaction of $5,992,350.00. Following the completion of the transaction, the chief executive officer directly owned 2,527,392 shares of the company’s stock, valued at $466,000,536.96. This represents a 1.27% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is available at this link. Also, Director Kavitark Ram Shriram sold 18,566 shares of Alphabet stock in a transaction that occurred on Friday, July 18th. The shares were sold at an average price of $185.76, for a total value of $3,448,820.16. Following the completion of the sale, the director directly owned 243,400 shares in the company, valued at $45,213,984. This represents a 7.09% decrease in their position. The disclosure for this sale can be found here. In the last quarter, insiders sold 249,409 shares of company stock worth $43,523,710. Company insiders own 11.64% of the company’s stock.

Hedge Funds Weigh In On Alphabet

Several institutional investors and hedge funds have recently added to or reduced their stakes in the business. Missouri Trust & Investment Co boosted its holdings in Alphabet by 0.3% during the second quarter. Missouri Trust & Investment Co now owns 16,916 shares of the information services provider’s stock worth $2,981,000 after buying an additional 55 shares in the last quarter. AM Investment Strategies LLC increased its holdings in Alphabet by 0.9% in the second quarter. AM Investment Strategies LLC now owns 6,477 shares of the information services provider’s stock valued at $1,141,000 after buying an additional 57 shares in the last quarter. Perritt Capital Management Inc lifted its position in shares of Alphabet by 10.4% during the 4th quarter. Perritt Capital Management Inc now owns 618 shares of the information services provider’s stock valued at $117,000 after acquiring an additional 58 shares during the period. Nia Impact Advisors LLC boosted its stake in shares of Alphabet by 0.3% during the 4th quarter. Nia Impact Advisors LLC now owns 17,161 shares of the information services provider’s stock worth $3,249,000 after acquiring an additional 59 shares in the last quarter. Finally, Bfsg LLC boosted its stake in shares of Alphabet by 0.6% during the 2nd quarter. Bfsg LLC now owns 10,428 shares of the information services provider’s stock worth $1,838,000 after acquiring an additional 59 shares in the last quarter. Institutional investors and hedge funds own 40.03% of the company’s stock.

About Alphabet

Alphabet Inc offers various products and platforms in the United States, Europe, the Middle East, Africa, the Asia-Pacific, Canada, and Latin America. It operates through Google Services, Google Cloud, and Other Bets segments. The Google Services segment provides products and services, including ads, Android, Chrome, devices, Gmail, Google Drive, Google Maps, Google Photos, Google Play, Search, and YouTube.