JPMorgan Chase & Co. restated their buy rating on shares of Alphabet (NASDAQ:GOOGL – Free Report) in a research note published on Monday morning,MarketScreener reports.
Other research analysts have also recently issued research reports about the company. Robert W. Baird lifted their target price on Alphabet from $310.00 to $350.00 and gave the company an “outperform” rating in a report on Tuesday, January 20th. BNP Paribas Exane assumed coverage on Alphabet in a research note on Monday, November 24th. They issued an “outperform” rating and a $355.00 price objective on the stock. New Street Research boosted their target price on Alphabet from $275.00 to $295.00 in a report on Friday, October 24th. Citic Securities raised their price target on shares of Alphabet from $230.00 to $310.00 and gave the company a “buy” rating in a report on Monday, November 3rd. Finally, Wells Fargo & Company set a $354.00 price target on shares of Alphabet and gave the company an “equal weight” rating in a research report on Thursday. Three analysts have rated the stock with a Strong Buy rating, forty-three have assigned a Buy rating and five have given a Hold rating to the stock. Based on data from MarketBeat.com, the company has an average rating of “Moderate Buy” and an average price target of $357.46.
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Alphabet Stock Performance
Alphabet (NASDAQ:GOOGL – Get Free Report) last announced its quarterly earnings results on Wednesday, February 4th. The information services provider reported $2.82 earnings per share for the quarter, beating 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 analyst estimates of $111.24 billion. Sell-side analysts anticipate that Alphabet will post 8.9 EPS for the current year.
Alphabet Dividend Announcement
The company also recently declared a quarterly dividend, which will be paid on Monday, March 16th. Investors of record on Monday, March 9th will be paid a dividend of $0.21 per share. The ex-dividend date of this dividend is Monday, March 9th. This represents a $0.84 annualized dividend and a yield of 0.3%. Alphabet’s payout ratio is 7.77%.
Insider Activity
In other Alphabet news, major shareholder 2017 Gp L.L.C. Gv sold 1,845,308 shares of the company’s stock in a transaction dated 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 legal filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, CAO Amie Thuener O’toole sold 2,778 shares of Alphabet stock in a transaction dated Monday, November 17th. The stock was sold at an average price of $288.26, for a total value of $800,786.28. Following the sale, the chief accounting officer directly owned 11,739 shares in the company, valued at approximately $3,383,884.14. The trade was a 19.14% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Over the last 90 days, insiders have sold 2,067,686 shares of company stock worth $105,352,291. 11.55% of the stock is owned by corporate insiders.
Hedge Funds Weigh In On Alphabet
Hedge funds have recently bought and sold shares of the company. Moment Partners LLC increased its holdings in Alphabet by 9.3% during the 2nd quarter. Moment Partners LLC now owns 5,896 shares of the information services provider’s stock valued at $1,039,000 after purchasing an additional 504 shares in the last quarter. Welch Group LLC boosted its stake in Alphabet by 4.0% in the second quarter. Welch Group LLC now owns 64,262 shares of the information services provider’s stock worth $11,325,000 after purchasing an additional 2,467 shares in the last quarter. Brooktree Capital Management bought a new stake in shares of Alphabet during the second quarter worth $352,000. Griffin Asset Management Inc. increased its stake in shares of Alphabet by 13.9% in the third quarter. Griffin Asset Management Inc. now owns 58,731 shares of the information services provider’s stock valued at $14,277,000 after buying an additional 7,180 shares in the last quarter. Finally, Birchcreek Wealth Management LLC raised its holdings in shares of Alphabet by 2.9% in the second quarter. Birchcreek Wealth Management LLC now owns 8,028 shares of the information services provider’s stock valued at $1,415,000 after buying an additional 223 shares during the last quarter. 40.03% of the stock is currently owned by institutional investors and hedge funds.
Key Headlines Impacting Alphabet
Here are the key news stories impacting Alphabet this week:
- Positive Sentiment: Launched large U.S. investment‑grade bond program (~$15B) including very long‑dated tranches (reports of 50‑ and 100‑year paper), giving Alphabet cheap, long‑term funding to accelerate AI data‑center buildout and signaling strong credit demand. Alphabet’s debt raise fuels forecasts for record year in corporate bond sales
- Positive Sentiment: Waymo (Alphabet unit) expanded operations, going fully autonomous in Nashville — a tangible commercialization milestone that supports the long‑term growth story beyond advertising. Waymo goes fully autonomous in Nashville
- Positive Sentiment: Signed long‑term renewables deals: TotalEnergies will supply ~1 GW of solar to Google’s Texas data centers, supporting sustainability goals and predictable power costs for AI compute workloads. TotalEnergies to provide solar power to Google’s Texas data centres
- Positive Sentiment: Analyst support remains constructive — JPMorgan reaffirmed a buy rating and several outlets report raised price targets, which can bolster investor confidence after last week’s volatility. MarketScreener: JPMorgan maintains a buy rating
- Neutral Sentiment: Macro/sector context — Big Tech had a sharp pullback last week (>$1T erased), leaving stocks treading water; Alphabet’s debt move and analyst notes are being read against that volatile backdrop. Big Tech stocks are treading water after $1 trillion sell-off week
- Negative Sentiment: Alphabet added new AI‑related risk language to its filings, flagging potential impacts on ad revenue and risks from large, long‑duration commercial AI contracts — a reminder investors may face execution and revenue‑mix risks as the company scales AI offerings. Alphabet calls out new AI-related risks, as it taps debt market to fund buildout
- Negative Sentiment: Autodesk sued Google alleging trademark infringement over AI video tools (the “Flow” name), adding legal uncertainty around some AI product branding and potential litigation costs. Google sued by Autodesk over AI-powered movie-making software
- Negative Sentiment: Insider sale: reports show the CEO sold roughly $10.9M of stock, which can be interpreted by some investors as a mild negative signal even if occasional executive sales are routine. Insider Selling: Alphabet CEO Sells Stock
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.
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