Alphabet (NASDAQ:GOOGL) Price Target Cut to $387.00 by Analysts at Stifel Nicolaus

Alphabet (NASDAQ:GOOGL) had its price objective reduced by Stifel Nicolaus from $395.00 to $387.00 in a report released on Monday morning, Marketbeat reports. They currently have a buy rating on the information services provider’s stock.

A number of other analysts also recently issued reports on GOOGL. Mizuho raised their target price on Alphabet from $410.00 to $420.00 and gave the stock an “outperform” rating in a research report on Friday. JPMorgan Chase & Co. reiterated a “buy” rating on shares of Alphabet in a research note on Monday, February 9th. DZ Bank reissued a “buy” rating on shares of Alphabet in a report on Monday, February 16th. Truist Financial set a $385.00 price objective on Alphabet in a research note on Thursday, February 5th. Finally, Roth Mkm upped their price objective on shares of Alphabet from $365.00 to $395.00 and gave the company a “buy” rating in a report on Thursday, February 5th. Three analysts have rated the stock with a Strong Buy rating, forty-four have given a Buy rating and four have given a Hold rating to the company’s stock. According to MarketBeat.com, the company currently has a consensus rating of “Moderate Buy” and a consensus target price of $366.76.

Alphabet Stock Up 1.3%

Alphabet stock opened at $321.39 on Monday. Alphabet has a twelve month low of $146.10 and a twelve month high of $349.00. The firm has a 50 day moving average price of $306.41 and a 200-day moving average price of $299.57. The company has a market capitalization of $3.89 trillion, a P/E ratio of 29.73, a P/E/G ratio of 1.95 and a beta of 1.12. The company has a quick ratio of 2.01, a current ratio of 2.01 and a debt-to-equity ratio of 0.11.

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

Alphabet Announces Dividend

The business also recently announced a quarterly dividend, which was paid on Monday, March 16th. Shareholders of record on Monday, March 9th were paid a $0.21 dividend. The ex-dividend date was Monday, March 9th. This represents a $0.84 annualized dividend and a yield of 0.3%. Alphabet’s dividend payout ratio (DPR) is currently 7.77%.

Insider Buying and Selling at Alphabet

In other news, insider John Kent Walker sold 47,574 shares of the firm’s stock in a transaction that occurred on Tuesday, February 17th. The shares were sold at an average price of $301.45, for a total value of $14,341,182.30. Following the completion of the transaction, the insider directly owned 13,227 shares in the company, valued at approximately $3,987,279.15. This trade represents a 78.25% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, CAO Amie Thuener O’toole sold 955 shares of the business’s stock in a transaction that occurred on Tuesday, March 3rd. The shares were sold at an average price of $298.00, for a total transaction of $284,590.00. Following the transaction, the chief accounting officer directly owned 9,918 shares of the company’s stock, valued at approximately $2,955,564. This represents a 8.78% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Over the last ninety days, insiders have sold 2,068,744 shares of company stock worth $104,505,914. 11.64% of the stock is owned by corporate insiders.

Institutional Trading of Alphabet

Several institutional investors and hedge funds have recently bought and sold shares of GOOGL. EMC Capital Management bought a new position in Alphabet in the 4th quarter worth about $33,000. Lifetime Wealth Management P.C. purchased a new stake in shares of Alphabet in the 4th quarter valued at about $32,000. PMV Capital Advisers LLC bought a new stake in shares of Alphabet during the 4th quarter valued at about $38,000. IFC & Insurance Marketing Inc. bought a new stake in shares of Alphabet during the 4th quarter valued at about $38,000. Finally, Bard Associates Inc. purchased a new position in shares of Alphabet during the fourth quarter worth about $52,000. 40.03% of the stock is currently owned by hedge funds and other institutional investors.

Key Headlines Impacting Alphabet

Here are the key news stories impacting Alphabet this week:

• Positive Sentiment: Broadcom extended a multi‑year agreement with Google to supply chips for TPUs through 2031, which UBS says eases investor concerns about Google’s chip sourcing and supports near‑term AI infrastructure demand. Broadcom deal with Google signals stronger AI demand but long-term risks remain: UBS
• Positive Sentiment: Favorable AI deal coverage (Anthropic/TPU opportunity) and bullish commentary position Alphabet as an AI‑infrastructure play, reinforcing upside expectations for revenue from cloud and TPU sales. Catalyst Alert: Anthropic Deal Makes Alphabet Stock a Must-Buy
• Positive Sentiment: Large investor activity: Stanley Druckenmiller materially increased his Alphabet stake last quarter, a high‑profile buy that can lift sentiment among momentum and institutional investors. Stanley Druckenmiller Made 1 Huge Bet That Still Looks Attractive Today and Cut 2 Top Positions
• Positive Sentiment: Operational/strategy tailwinds: Google is funding nationwide AI training for manufacturing workers, supporting enterprise adoption of its AI stack and strengthening longer‑term demand for cloud/AI services. Google partners on AI training for thousands of American manufacturing workers
• Positive Sentiment: Market sentiment and upgrades: Zacks and other outlets highlight positive analyst momentum (Zacks Rank upgrade and positive writeups), which supports buying interest today. What Makes Alphabet (GOOGL) a New Buy Stock
• Neutral Sentiment: Analyst price‑target moves are mixed: several firms reaffirm or trim targets (Citizens/JMP reaffirmed outperform at $385; Stifel trimmed its target slightly but stayed Buy; Wolfe cut to $360, while some outlets show higher targets), leaving a range of expectations for future upside. Stifel adjusts price target on Alphabet Price Target Raised to $420
• Neutral Sentiment: Startups and ecosystem activity (e.g., Primepoint’s $10M seed round led by AI veterans) show continued AI ecosystem growth but have indirect impact on Alphabet’s near‑term fundamentals. Primepoint closes $10M seed round
• Neutral Sentiment: Long‑term technology pivots (quantum computing coverage) are discussed as multi‑year catalysts; these are strategic positives but unlikely to move near‑term earnings. Quantum Computing Stocks: Is Google’s Tech Roadmap Changing?
• Negative Sentiment: Ad‑revenue competition: eMarketer/WSJ reports project Meta overtaking Google as the top global digital‑ad revenue company by end‑2026, a key long‑term risk for Google’s core search/ad margin profile. Meta poised to surpass Google in digital ad revenue for first time

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.