Alphabet (NASDAQ:GOOGL) Given New $370.00 Price Target at Deutsche Bank Aktiengesellschaft

Alphabet (NASDAQ:GOOGL) had its price target boosted by Deutsche Bank Aktiengesellschaft from $340.00 to $370.00 in a report released on Tuesday,MarketScreener reports. The brokerage currently has a buy rating on the information services provider’s stock.

Several other analysts have also recently issued reports on GOOGL. Wedbush reaffirmed an “outperform” rating and issued a $350.00 price target (up from $320.00) on shares of Alphabet in a report on Friday, December 19th. Susquehanna upped their target price on shares of Alphabet from $225.00 to $350.00 and gave the company a “positive” rating in a research note on Thursday, October 30th. Citic Securities increased their price target on shares of Alphabet from $230.00 to $310.00 and gave the stock a “buy” rating in a research report on Monday, November 3rd. Robert W. Baird upped their price objective on Alphabet from $215.00 to $275.00 and gave the company an “outperform” rating in a research note on Monday, September 22nd. Finally, Mizuho set a $365.00 target price on Alphabet and gave the stock an “outperform” rating in a research report on Friday, January 9th. Three research analysts have rated the stock with a Strong Buy rating, forty-five have issued a Buy rating and four have given a Hold rating to the company. Based on data from MarketBeat, Alphabet has an average rating of “Moderate Buy” and an average price target of $329.08.

Alphabet Trading Down 2.4%

Shares of GOOGL opened at $322.00 on Tuesday. The company has a market capitalization of $3.89 trillion, a P/E ratio of 31.76, a P/E/G ratio of 1.82 and a beta of 1.08. Alphabet has a one year low of $140.53 and a one year high of $340.49. The company has a debt-to-equity ratio of 0.06, a quick ratio of 1.75 and a current ratio of 1.75. The stock has a 50-day moving average price of $312.75 and a 200 day moving average price of $257.45.

Alphabet (NASDAQ:GOOGL) last posted its quarterly earnings data on Wednesday, October 29th. The information services provider reported $2.87 earnings per share (EPS) for the quarter, topping the consensus estimate of $2.29 by $0.58. Alphabet had a return on equity of 35.00% and a net margin of 32.23%.The company had revenue of $102.35 billion for the quarter, compared to the consensus estimate of $99.90 billion. Sell-side analysts forecast that Alphabet will post 8.9 EPS for the current fiscal year.

Insider Buying and Selling at Alphabet

In other Alphabet news, Director Frances Arnold sold 102 shares of the stock in a transaction on Wednesday, December 31st. The stock was sold at an average price of $313.45, for a total value of $31,971.90. Following the sale, the director directly owned 18,205 shares of the company’s stock, valued at $5,706,357.25. This trade represents a 0.56% decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available at this link. Also, CEO Sundar Pichai sold 32,500 shares of the firm’s stock in a transaction on Wednesday, January 7th. The shares were sold at an average price of $321.21, for a total value of $10,439,325.00. Following the completion of the sale, the chief executive officer owned 2,244,372 shares in the company, valued at $720,914,730.12. The trade was a 1.43% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. In the last three months, insiders sold 189,909 shares of company stock worth $57,927,282. Corporate insiders own 11.55% of the company’s stock.

Institutional Trading of Alphabet

Large investors have recently modified their holdings of the company. Norges Bank acquired a new position in shares of Alphabet during the second quarter worth approximately $21,944,208,000. Berkshire Hathaway Inc bought a new stake in Alphabet during the 3rd quarter valued at $4,338,397,000. Laurel Wealth Advisors LLC boosted its position in Alphabet by 17,667.7% during the 2nd quarter. Laurel Wealth Advisors LLC now owns 15,245,075 shares of the information services provider’s stock worth $2,686,640,000 after acquiring an additional 15,159,273 shares during the period. Capital World Investors grew its stake in shares of Alphabet by 28.0% in the third quarter. Capital World Investors now owns 53,107,572 shares of the information services provider’s stock worth $12,910,542,000 after purchasing an additional 11,605,785 shares in the last quarter. Finally, Franklin Resources Inc. grew its stake in shares of Alphabet by 51.7% in the second quarter. Franklin Resources Inc. now owns 31,817,684 shares of the information services provider’s stock worth $5,607,232,000 after purchasing an additional 10,843,853 shares in the last quarter. Institutional investors and hedge funds own 40.03% of the company’s stock.

Key Stories Impacting Alphabet

Here are the key news stories impacting Alphabet this week:

• Positive Sentiment: Analysts raised targets — Deutsche Bank boosted its price target to $370 and kept a buy rating, and Robert W. Baird raised its target to $350 with an outperform rating. These lifts signal continued analyst confidence and create upside support for the stock. Deutsche Bank Raises Target Baird Raises Target
• Positive Sentiment: Product/AI momentum — reports show a surge in sales of Google’s Gemini AI models, which supports revenue growth from higher-margin AI services and strengthens the company’s competitive AI positioning. Gemini Sales Surge
• Neutral Sentiment: Google-backed drug discovery timeline pushed — Isomorphic Labs now expects first clinical trials by end‑2026. This delays any near-term biotech upside tied to Alphabet’s life‑sciences investments but has limited impact on core ad/cloud businesses. Isomorphic Labs Delay
• Neutral Sentiment: Product development coverage — media pieces on Google’s new AI‑powered smart glasses and long-term cloud/AI revenue narratives reiterate growth potential but are not immediate catalysts. AI Smart Glasses Coverage
• Negative Sentiment: Sector risk-off pressured shares — escalating geopolitical/tariff rhetoric (Greenland tensions) triggered a tech-led sell-off that weighed on Alphabet along with peers; market positioning and broader risk sentiment are the main short-term drivers of the decline. Tech Sell-off / Greenland Tensions
• Negative Sentiment: Price action noted by market coverage — headlines point out Alphabet fell more than the broader market today, reflecting both the sector pullback and profit‑taking after recent gains. That media focus can amplify short‑term selling pressure. Zacks: Why GOOGL Fell

About Alphabet

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.