Alphabet (NASDAQ:GOOGL) Stock Price Expected to Rise, Wolfe Research Analyst Says

Alphabet (NASDAQ:GOOGLGet Free Report) had its price objective upped by investment analysts at Wolfe Research from $380.00 to $390.00 in a research report issued to clients and investors on Friday,MarketScreener reports. The brokerage currently has an “outperform” rating on the information services provider’s stock. Wolfe Research’s target price would suggest a potential upside of 18.89% from the company’s current price.

Several other analysts have also commented on the stock. The Goldman Sachs Group reaffirmed a “buy” rating and set a $375.00 price target (up previously from $330.00) on shares of Alphabet in a research report on Tuesday, January 13th. DA Davidson reissued a “neutral” rating and set a $300.00 target price on shares of Alphabet in a research note on Tuesday, November 25th. Guggenheim reaffirmed a “buy” rating and issued a $375.00 price target (up previously from $330.00) on shares of Alphabet in a research note on Monday, December 1st. Loop Capital raised Alphabet from a “hold” rating to a “buy” rating and raised their price objective for the stock from $260.00 to $320.00 in a research report on Tuesday, November 18th. Finally, Piper Sandler restated an “overweight” rating and issued a $365.00 price objective (up from $330.00) on shares of Alphabet in a report on Thursday, December 11th. Four analysts have rated the stock with a Strong Buy rating, forty-two have assigned a Buy rating and five have assigned a Hold rating to the company’s stock. According to data from MarketBeat, the stock has an average rating of “Moderate Buy” and an average target price of $331.40.

Check Out Our Latest Stock Report on Alphabet

Alphabet Trading Down 0.8%

Shares of GOOGL stock opened at $328.04 on Friday. The company has a current ratio of 1.75, a quick ratio of 1.75 and a debt-to-equity ratio of 0.06. Alphabet has a twelve month low of $140.53 and a twelve month high of $340.49. The company’s 50-day moving average price is $315.65 and its 200-day moving average price is $260.10. The stock has a market cap of $3.96 trillion, a price-to-earnings ratio of 32.35, a PEG ratio of 1.81 and a beta of 1.08.

Alphabet (NASDAQ:GOOGLGet Free Report) last released 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. The firm had revenue of $102.35 billion during the quarter, compared to analysts’ expectations of $99.90 billion. Alphabet had a net margin of 32.23% and a return on equity of 35.00%. As a group, equities analysts predict that Alphabet will post 8.9 earnings per share for the current year.

Insider Buying and Selling at Alphabet

In other news, CEO Sundar Pichai sold 32,500 shares of the firm’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 value of $10,637,250.00. Following the completion of the transaction, the chief executive officer owned 2,211,872 shares of the company’s stock, valued at approximately $723,945,705.60. This trade represents a 1.45% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which can be accessed through the SEC website. Also, insider John Kent Walker sold 17,829 shares of the company’s stock in a transaction that occurred on Tuesday, December 30th. The stock was sold at an average price of $314.89, for a total transaction of $5,614,173.81. Following the sale, the insider directly owned 42,972 shares in the company, valued at approximately $13,531,453.08. The trade was a 29.32% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. In the last three months, insiders have sold 222,409 shares of company stock valued at $68,564,532. Corporate insiders own 11.64% of the company’s stock.

Institutional Trading of Alphabet

Several hedge funds have recently added to or reduced their stakes in GOOGL. Members Trust Co increased its holdings in Alphabet by 0.5% in the fourth quarter. Members Trust Co now owns 6,434 shares of the information services provider’s stock valued at $2,014,000 after buying an additional 31 shares during the last quarter. Altfest L J & Co. Inc. boosted its position in shares of Alphabet by 0.4% during the 4th quarter. Altfest L J & Co. Inc. now owns 7,952 shares of the information services provider’s stock worth $2,489,000 after acquiring an additional 31 shares in the last quarter. Lifelong Wealth Advisors Inc. increased its holdings in shares of Alphabet by 1.9% in the 4th quarter. Lifelong Wealth Advisors Inc. now owns 1,728 shares of the information services provider’s stock valued at $541,000 after acquiring an additional 33 shares during the last quarter. White Wing Wealth Management increased its holdings in shares of Alphabet by 2.9% in the 4th quarter. White Wing Wealth Management now owns 1,155 shares of the information services provider’s stock valued at $362,000 after acquiring an additional 33 shares during the last quarter. Finally, Quantum Financial Advisors LLC raised its position in shares of Alphabet by 0.3% during the 4th quarter. Quantum Financial Advisors LLC now owns 11,799 shares of the information services provider’s stock worth $3,693,000 after acquiring an additional 34 shares in the last quarter. Institutional investors and hedge funds own 40.03% of the company’s stock.

Key Alphabet News

Here are the key news stories impacting Alphabet this week:

  • Positive Sentiment: Apple ties Gemini to Siri, widening Gemini distribution and strengthening Alphabet’s AI moat — a material revenue/strategic positive for GOOGL that supports premium multiples and growth expectations. How Apple’s Gemini-Powered Siri Deal Will Impact Alphabet (GOOGL) Investors
  • Positive Sentiment: Multiple bullish analyst moves — Wolfe Research lifted its price target to $390, Raymond James upgraded to “strong buy” and raised targets (reports of a $400 target), and Deutsche Bank raised its target — fueling buy-side momentum and supporting upside expectations. Wolfe Research Adjusts Price Target
  • Positive Sentiment: Google pushes into AI shopping and other AI-enabled monetization avenues — analysts and outlets highlight accelerating product-led revenue opportunities that underpin long-term growth. Google’s Making a Splash in AI Shopping
  • Neutral Sentiment: Technical/market commentary: recent ~3–4% pullback called a routine consolidation within a long-term uptrend — suggests no fundamental change but signals caution for investors seeking cheaper entry points. Alphabet Cools After the Run: Buy Now or Wait for a Better Entry?
  • Neutral Sentiment: Waymo launched robotaxi service in Miami (business expansion) — growth opportunity for autonomous revenue but not yet material to near-term GAAP results. Waymo launches robotaxi service in Miami
  • Negative Sentiment: NTSB opens an investigation after Waymo robotaxis were recorded illegally passing stopped school buses multiple times — raises regulatory, safety and reputational risks for Alphabet’s autonomous-driving unit and could lead to operational constraints or fines. US safety board opens probe into Waymo robotaxis passing stopped school buses
  • Negative Sentiment: Federal judge allowed a consumer antitrust lawsuit over Google’s default-search payments to proceed — continued legal exposure that could affect search economics and ad revenue over time. Judge Orders Google to Face Consumer Antitrust Lawsuit Over Search

About Alphabet

(Get Free Report)

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.

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