Cantor Fitzgerald Reiterates Overweight Rating for Alphabet (NASDAQ:GOOGL)

Alphabet (NASDAQ:GOOGL)‘s stock had its “overweight” rating reissued by investment analysts at Cantor Fitzgerald in a research note issued on Wednesday,Benzinga reports. They presently have a $370.00 price objective on the information services provider’s stock. Cantor Fitzgerald’s target price points to a potential upside of 16.17% from the company’s previous close.

A number of other brokerages have also recently weighed in on GOOGL. Royal Bank Of Canada raised their target price on shares of Alphabet from $375.00 to $400.00 and gave the stock an “outperform” rating in a report on Thursday, February 5th. Moffett Nathanson raised their target price on shares of Alphabet from $305.00 to $350.00 and gave the stock a “buy” rating in a report on Thursday, February 5th. Wells Fargo & Company reduced their target price on shares of Alphabet from $397.00 to $361.00 and set an “overweight” rating for the company in a report on Thursday, April 2nd. Wolfe Research raised their target price on shares of Alphabet from $380.00 to $390.00 and gave the stock an “outperform” rating in a report on Friday, January 23rd. Finally, Barclays restated an “overweight” rating and set a $360.00 target price (up from $315.00) on shares of Alphabet in a report on Thursday, February 5th. Three equities research analysts have rated the stock with a Strong Buy rating, forty-four have issued a Buy rating and four have issued a Hold rating to the company’s stock. According to MarketBeat, Alphabet has an average rating of “Moderate Buy” and an average price target of $367.33.

Alphabet Trading Up 0.4%

Alphabet stock opened at $318.49 on Wednesday. The firm has a 50 day simple moving average of $307.27 and a 200-day simple moving average of $297.90. The company has a debt-to-equity ratio of 0.11, a current ratio of 2.01 and a quick ratio of 2.01. The stock has a market capitalization of $3.85 trillion, a PE ratio of 29.46, a price-to-earnings-growth ratio of 1.96 and a beta of 1.12. Alphabet has a 12-month low of $146.10 and a 12-month high of $349.00.

Alphabet (NASDAQ:GOOGL) last issued its earnings results on Wednesday, February 4th. The information services provider reported $2.82 earnings per share for the quarter, topping analysts’ consensus estimates of $2.57 by $0.25. The firm had revenue of $113.83 billion during the quarter, compared to analysts’ expectations of $111.24 billion. Alphabet had a net margin of 32.81% and a return on equity of 35.01%. As a group, equities research analysts expect that Alphabet will post 8.9 EPS for the current fiscal year.

Insider Transactions at Alphabet

In related 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 position. The transaction was disclosed in a document filed with the SEC, which is accessible through this hyperlink. Also, CAO Amie Thuener O’toole sold 955 shares of the firm’s stock in a transaction that occurred on Tuesday, March 3rd. The stock was sold at an average price of $298.00, for a total transaction of $284,590.00. Following the completion of the transaction, the chief accounting officer directly owned 9,918 shares of the company’s stock, valued at $2,955,564. This represents a 8.78% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. In the last ninety days, insiders have sold 2,069,344 shares of company stock worth $104,708,426. 11.64% of the stock is currently owned by insiders.

Hedge Funds Weigh In On Alphabet

A number of hedge funds and other institutional investors have recently added to or reduced their stakes in GOOGL. EMC Capital Management acquired a new stake in shares of Alphabet during the 4th quarter valued at $33,000. Lifetime Wealth Management P.C. acquired a new stake in shares of Alphabet during the 4th quarter valued at $32,000. PMV Capital Advisers LLC acquired a new stake in shares of Alphabet during the 4th quarter valued at $38,000. IFC & Insurance Marketing Inc. acquired a new stake in shares of Alphabet during the 4th quarter valued at $38,000. Finally, Bard Associates Inc. acquired a new stake in shares of Alphabet during the 4th quarter valued at $52,000. 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: Expanded Google–Intel AI infrastructure partnership boosts visibility for Google Cloud capacity and lowers execution risk for AI workloads hosted on Google’s platform. Investors view deeper Intel ties as supportive of sustained cloud/AI demand. Read More.
• Positive Sentiment: Broadcom–Google/Anthropic TPU and networking deals lock in multi‑year supply for Google’s custom AI racks, strengthening Alphabet’s hardware stack and third‑party TPU offerings — a structural positive for Google Cloud inference/train economics. Read More.
• Positive Sentiment: Google Cloud momentum: recent writeups highlight ~50% Q4 cloud growth, a large cloud backlog and heavy capex to expand TPU/data center capacity — the operating story supporting higher revenue visibility and margin improvement. Read More.
• Positive Sentiment: Project Glasswing and broader industry cybersecurity initiatives (including banks and big tech) reduce AI‑related operational risk for cloud providers and reinforce Google’s role in enterprise AI security cooperation. That should reassure enterprise customers. Read More.
• Positive Sentiment: Analyst support is increasing: Needham and Cantor Fitzgerald reiterated bullish ratings with elevated price targets, and William O’Neil reinstated a Buy — near‑term sentiment tailwind for the shares. Read More.
• Positive Sentiment: Waymo geographic expansion (Nashville) and Wing/ DoorDash drone rollout (Atlanta) provide concrete commercialization updates for Alphabet’s non‑Search growth engines, supporting optionality beyond ads. Read More. / Read More.
• Neutral Sentiment: Coverage pieces and investor guides (Fool, MarketBeat) reiterate Alphabet’s long‑term AI/cloud story — helpful for sentiment but not new operational data. Read More.
• Neutral Sentiment: Mentions of Alphabet’s stake in SpaceX and “hidden assets” offer valuation debate fodder; potential upside if monetized but uncertain timing. Read More.
• Negative Sentiment: Operational headwinds flagged for hyperscalers (community pushback, water/land/energy constraints) as some data‑center projects face delays or cancellations — a potential capex/expansion risk for cloud capacity plans. Read More.

Alphabet Company Profile

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.