Alphabet (NASDAQ:GOOGL) Price Target Raised to $350.00

Alphabet (NASDAQ:GOOGL) had its target price raised by stock analysts at Moffett Nathanson from $305.00 to $350.00 in a note issued to investors on Thursday,MarketScreener reports. The brokerage presently has a “buy” rating on the information services provider’s stock. Moffett Nathanson’s target price suggests a potential upside of 8.04% from the company’s current price.

Several other brokerages have also issued reports on GOOGL. UBS Group set a $348.00 target price on shares of Alphabet and gave the stock a “neutral” rating in a research report on Thursday. BNP Paribas Exane began coverage on Alphabet in a research report on Monday, November 24th. They set an “outperform” rating and a $355.00 price objective on the stock. CICC Research boosted their target price on Alphabet from $240.00 to $303.00 and gave the stock an “outperform” rating in a research report on Friday, October 31st. Daiwa Capital Markets increased their price target on shares of Alphabet from $233.00 to $333.00 and gave the company a “buy” rating in a research report on Thursday, November 6th. Finally, China Renaissance lifted their price target on shares of Alphabet from $207.00 to $330.00 and gave the stock a “buy” rating in a research note on Friday, October 31st. Four analysts have rated the stock with a Strong Buy rating, forty-three have given a Buy rating and five have given a Hold rating to the stock. According to MarketBeat.com, Alphabet presently has a consensus rating of “Moderate Buy” and an average target price of $351.59.

Alphabet Price Performance

Shares of NASDAQ GOOGL traded down $9.08 during midday trading on Thursday, hitting $323.96. 52,192,191 shares of the company’s stock were exchanged, compared to its average volume of 33,748,418. The company has a current ratio of 1.75, a quick ratio of 1.75 and a debt-to-equity ratio of 0.06. The business’s fifty day moving average price is $321.32 and its two-hundred day moving average price is $268.82. The company has a market cap of $3.91 trillion, a price-to-earnings ratio of 31.95, a PEG ratio of 2.05 and a beta of 1.09. Alphabet has a 12-month low of $140.53 and a 12-month high of $349.00.

Alphabet (NASDAQ:GOOGL) last announced its earnings results on Wednesday, February 4th. The information services provider reported $2.82 earnings per share (EPS) for the quarter, beating the consensus estimate of $2.57 by $0.25. Alphabet had a net margin of 32.23% and a return on equity of 35.00%. The business had revenue of $113.83 billion during the quarter, compared to analyst estimates of $111.24 billion. As a group, research analysts forecast that Alphabet will post 8.9 EPS 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 company’s stock in a transaction that occurred on Friday, January 30th. The stock was sold at an average price of $19.00, for a total transaction of $35,060,852.00. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, insider John Kent Walker sold 17,829 shares of the stock in a transaction that occurred on Tuesday, December 30th. The stock was sold at an average price of $314.89, for a total value of $5,614,173.81. Following the completion of the sale, the insider owned 42,972 shares of the company’s stock, valued at approximately $13,531,453.08. This trade represents a 29.32% decrease in their position. The SEC filing for this sale provides additional information. Insiders have sold a total of 2,035,186 shares of company stock worth $94,458,941 over the last ninety days. 11.64% of the stock is owned by insiders.

Hedge Funds Weigh In On Alphabet

A number of hedge funds and other institutional investors have recently made changes to their positions in GOOGL. Cauble & Harre Wealth Management Inc. bought a new stake in Alphabet in the fourth quarter valued at $371,000. AlphaCore Capital LLC boosted its stake in shares of Alphabet by 10.9% during the 4th quarter. AlphaCore Capital LLC now owns 102,029 shares of the information services provider’s stock valued at $31,935,000 after purchasing an additional 10,021 shares in the last quarter. Richard Young Associates Ltd. purchased a new position in shares of Alphabet during the fourth quarter valued at about $352,000. Lockheed Martin Investment Management Co. raised its stake in Alphabet by 77.1% in the fourth quarter. Lockheed Martin Investment Management Co. now owns 393,290 shares of the information services provider’s stock worth $123,100,000 after buying an additional 171,190 shares in the last quarter. Finally, Prudent Investors Network Inc. purchased a new stake in Alphabet in the fourth quarter worth about $229,000. Institutional investors own 40.03% of the company’s stock.

More Alphabet News

Here are the key news stories impacting Alphabet this week:

• Positive Sentiment: Alphabet beat Q4 estimates and showed robust Cloud growth (48% YoY) and record annual revenue, reinforcing durable demand for Search, YouTube and enterprise AI. MarketBeat earnings summary
• Positive Sentiment: Google Cloud backlog and enterprise wins (big backlog increase, deals like Anthropic/Meta customers) support higher long‑term monetization from AI infrastructure. Earnings call details
• Positive Sentiment: YouTube and subscription momentum (325M paying users; >$60B YouTube revenue annually) provide diversified, high‑margin revenue streams. TechCrunch on subscriptions
• Positive Sentiment: Waymo’s large private fundraising reduces Alphabet’s near‑term cash burden for autonomous driving and validates the unit’s standalone value. CNBC Waymo fundraising
• Neutral Sentiment: Multiple analysts raised price targets and reiterated buys — a bullish long‑term signal but one that can increase intraday volatility as expectations rise. Analyst price‑target coverage
• Neutral Sentiment: Minor insider stock sales were reported; the transactions are small relative to total float and provide limited signal beyond short‑term sentiment. SEC filing on insider sale
• Negative Sentiment: Alphabet guided to massive 2026 capex of $175–$185 billion to scale AI/data centers — well above Street expectations — which spooked investors and pressured the stock despite the beat. Reuters on capex forecast
• Negative Sentiment: Markets reacted with broader tech weakness (Nasdaq pressure) as traders re‑rate growth vs. near‑term cash requirements; some chip and supplier implications are positive, but investor risk appetite tightened. Proactive Investors on market reaction
• Negative Sentiment: Regulatory and legal risks persist (Waymo safety hearings; a $135M Android data‑transfer settlement) that could add execution/PR headwinds. Reuters on Waymo hearing MSN on Android settlement

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.