Alphabet (NASDAQ:GOOGL) Price Target Raised to $210.00

Alphabet (NASDAQ:GOOGL) had its target price hoisted by Roth Capital from $205.00 to $210.00 in a report released on Thursday,Benzinga reports. The firm currently has a buy rating on the information services provider’s stock. Roth Capital also issued estimates for Alphabet’s Q3 2025 earnings at $2.34 EPS, Q4 2025 earnings at $2.42 EPS, FY2025 earnings at $9.89 EPS, Q1 2026 earnings at $2.36 EPS, Q2 2026 earnings at $2.51 EPS, Q3 2026 earnings at $2.65 EPS, Q4 2026 earnings at $3.01 EPS and FY2026 earnings at $10.52 EPS.

Other equities analysts have also recently issued research reports about the company. Needham & Company LLC boosted their price objective on Alphabet from $210.00 to $220.00 and gave the stock a “buy” rating in a research report on Thursday. Tigress Financial upped their price target on Alphabet from $220.00 to $240.00 and gave the stock a “strong-buy” rating in a report on Wednesday, April 30th. Citizens Jmp upgraded shares of Alphabet from a “market perform” rating to an “outperform” rating and set a $220.00 price objective on the stock in a research note on Friday, June 27th. Piper Sandler upped their target price on shares of Alphabet from $185.00 to $195.00 and gave the company an “overweight” rating in a research note on Friday, April 25th. Finally, Truist Financial reissued a “buy” rating and issued a $200.00 price target on shares of Alphabet in a report on Wednesday, July 2nd. Ten equities research analysts have rated the stock with a hold rating, twenty-nine have given a buy rating and four have given a strong buy rating to the company’s stock. Based on data from MarketBeat.com, the stock presently has an average rating of “Moderate Buy” and an average price target of $211.32.

Alphabet Stock Up 0.5%

Alphabet stock opened at $193.18 on Thursday. The company has a current ratio of 1.90, a quick ratio of 1.77 and a debt-to-equity ratio of 0.07. Alphabet has a 1-year low of $140.53 and a 1-year high of $207.05. The firm’s fifty day simple moving average is $175.77 and its 200-day simple moving average is $172.93. The company has a market capitalization of $2.34 trillion, a P/E ratio of 20.57, a P/E/G ratio of 1.33 and a beta of 1.00.

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

Alphabet Dividend Announcement

The company also recently declared 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. This represents a $0.84 dividend on an annualized basis and a yield of 0.43%. The ex-dividend date is Monday, September 8th. Alphabet’s dividend payout ratio (DPR) is currently 8.95%.

Insider Activity

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

Institutional Trading of Alphabet

A number of hedge funds have recently made changes to their positions in GOOGL. Guardian Wealth Management Inc. boosted its holdings in shares of Alphabet by 242.9% during the first quarter. Guardian Wealth Management Inc. now owns 168 shares of the information services provider’s stock worth $26,000 after acquiring an additional 119 shares during the period. von Borstel & Associates Inc. acquired a new position in shares of Alphabet in the first quarter valued at about $28,000. IMA Advisory Services Inc. bought a new position in Alphabet during the first quarter worth about $28,000. NBZ Investment Advisors LLC boosted its holdings in Alphabet by 85.7% in the 1st quarter. NBZ Investment Advisors LLC now owns 195 shares of the information services provider’s stock valued at $30,000 after purchasing an additional 90 shares during the period. Finally, Financial Gravity Asset Management Inc. bought a new position in shares of Alphabet during the first quarter worth approximately $39,000. 40.03% of the stock is owned by institutional investors and hedge funds.

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.