Alphabet (NASDAQ:GOOGL) Receives “Buy” Rating from Royal Bank Of Canada

Royal Bank Of Canada reaffirmed their buy rating on shares of Alphabet (NASDAQ:GOOGL) in a research report report published on Monday morning,MarketScreener reports.

A number of other equities research analysts have also issued reports on GOOGL. DA Davidson boosted their price target on shares of Alphabet from $300.00 to $310.00 and gave the company a “neutral” rating in a report on Thursday, February 5th. Dbs Bank boosted their price target on shares of Alphabet from $360.00 to $400.00 and gave the company a “buy” rating in a report on Friday, April 17th. Loop Capital boosted their price target on shares of Alphabet from $320.00 to $355.00 and gave the company a “buy” rating in a report on Monday, February 23rd. Mizuho boosted their price target on shares of Alphabet from $410.00 to $420.00 and gave the company an “outperform” rating in a report on Friday, April 10th. Finally, Stifel Nicolaus cut their price target on shares of Alphabet from $395.00 to $387.00 and set a “buy” rating on the stock in a report on Monday, April 13th. Two research analysts have rated the stock with a Strong Buy rating, forty-six have assigned a Buy rating and four have assigned a Hold rating to the company. Based on data from MarketBeat.com, the stock presently has a consensus rating of “Moderate Buy” and a consensus target price of $369.67.

Alphabet Stock Up 1.7%

NASDAQ GOOGL opened at $350.34 on Monday. 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 company’s 50 day simple moving average is $310.19 and its 200 day simple moving average is $306.18. Alphabet has a 12 month low of $147.84 and a 12 month high of $353.18. The company has a market capitalization of $4.24 trillion, a P/E ratio of 32.41, a PEG ratio of 2.13 and a beta of 1.12.

Alphabet (NASDAQ:GOOGL) last released its 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 business had revenue of $113.83 billion for the quarter, compared to the consensus estimate of $111.24 billion. Equities research analysts expect that Alphabet will post 11.53 earnings per share for the current fiscal year.

Insider Activity

In other Alphabet news, major shareholder 2017 Gp L.L.C. Gv sold 1,845,308 shares of the business’s stock in a transaction that occurred on Friday, January 30th. The shares were sold at an average price of $19.00, for a total value of $35,060,852.00. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this link. Also, CEO Sundar Pichai sold 32,500 shares of the business’s stock in a transaction that occurred on Wednesday, February 4th. The stock was sold at an average price of $335.18, for a total transaction of $10,893,350.00. Following the completion of the sale, the chief executive officer directly owned 2,179,372 shares of the company’s stock, valued at $730,481,906.96. This represents a 1.47% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Insiders sold a total of 2,037,294 shares of company stock valued at $94,216,897 in the last three months. 11.55% of the stock is currently owned by insiders.

Institutional Trading of Alphabet

Several large investors have recently added to or reduced their stakes in GOOGL. Symmetry Partners LLC boosted its position in shares of Alphabet by 0.4% in the fourth quarter. Symmetry Partners LLC now owns 7,912 shares of the information services provider’s stock valued at $2,476,000 after acquiring an additional 30 shares during the period. Private Wealth Management Group LLC boosted its position in shares of Alphabet by 1.2% in the first quarter. Private Wealth Management Group LLC now owns 2,540 shares of the information services provider’s stock valued at $730,000 after acquiring an additional 30 shares during the period. Members Trust Co boosted its position in shares of 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 acquiring an additional 31 shares during the period. Altfest L J & Co. Inc. boosted its position in shares of Alphabet by 0.4% in the fourth quarter. Altfest L J & Co. Inc. now owns 7,952 shares of the information services provider’s stock valued at $2,489,000 after acquiring an additional 31 shares during the period. Finally, Insight 2811 Inc. boosted its position in shares of Alphabet by 1.0% in the fourth quarter. Insight 2811 Inc. now owns 3,124 shares of the information services provider’s stock valued at $978,000 after acquiring an additional 32 shares during the period. 40.03% of the stock is owned by institutional investors.

Key Headlines Impacting Alphabet

Here are the key news stories impacting Alphabet this week:

• Positive Sentiment: Market attention is squarely on Alphabet’s earnings and Gemini/AI spending updates, which investors expect could drive revenue and engagement. Alphabet earnings on tap with Gemini, AI spending updates in focus with stock near record high
• Positive Sentiment: The U.S. Department of Defense added Google’s Gemini for Government models to its secure GenAI.mil platform — a commercial win that supports enterprise/government adoption and recurring revenue potential. What’s Behind The Boost In Alphabet Stock Today?
• Positive Sentiment: South Korea and Google agreed to build an AI campus in Seoul — a strategic move to expand R&D, talent and local partnerships that supports long-term AI product development. Google to build AI campus in South Korea, presidential office says
• Positive Sentiment: Prominent bullish commentary (e.g., Jim Cramer) highlights Alphabet’s diversified AI-driven revenue “mosaic,” supporting investor sentiment and flows into the stock. Jim Cramer Says “Alphabet Has a Mosaic Like None Other”
• Neutral Sentiment: Analyst notes and market pieces flag that strong post-earnings moves are possible (heightened volatility around the report); options activity is mixed versus peers. Here’s How Much Google Parent Alphabet Stock Is Expected to Move After Earnings
• Negative Sentiment: The EU is pressing Google to open Android to AI rivals and regulators gave pointers to improve rivals’ access to Google services — potential regulatory changes that could hurt margins or product control. EU tells Google to open Android to AI rivals
• Negative Sentiment: Investors are pushing for more climate transparency tied to AI data center energy use (shareholder proposal from Trillium) — this could increase disclosure and potentially capex/operational scrutiny as AI workloads scale. Alphabet Investors Press For AI Data Center Climate Transparency

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.