Alphabet (NASDAQ:GOOGL) Stock Price Down 1.5% – Here’s Why

Shares of Alphabet Inc. (NASDAQ:GOOGL) dropped 1.5% during trading on Tuesday . The stock traded as low as $331.35 and last traded at $332.29. Approximately 22,450,699 shares traded hands during trading, a decline of 31% from the average daily volume of 32,485,049 shares. The stock had previously closed at $337.42.

More Alphabet News

Here are the key news stories impacting Alphabet this week:

• Positive Sentiment: MarketBeat: Deep dive on Alphabet’s AI infrastructure — big capex plan ($175–185B in 2026), $240B Google Cloud contract backlog, TPU/inference chip push and co‑development talks with Marvell strengthen the cloud/AI growth narrative. Here’s Why the AI Infrastructure Story Is Just Getting Bigger for GOOGL
• Positive Sentiment: UBS raised its price target to $375 (from $348), citing cloud strength and TPU sales easing ad‑product fears — suggests analysts see meaningful upside tied to Cloud/AI execution. UBS Raises Alphabet’s Target to $375
• Positive Sentiment: Cantor Fitzgerald bumped its target to $395 (overweight) and KeyCorp raised to $380 — multiple firms lifting targets ahead of Google Cloud Next and Q1 earnings. Cantor Fitzgerald Adjusts Price Target
• Positive Sentiment: JPMorgan reaffirmed a Buy on Alphabet — another vote of confidence heading into Cloud Next and the company’s April 29 earnings. JPMorgan Remains Buy
• Positive Sentiment: Reports that Google is talking with Marvell to co‑develop inference and memory‑focused AI chips support Alphabet’s multi‑vendor TPU strategy and could lower inference costs long‑term. Marvell Reports Deal Talks
• Positive Sentiment: Macro risk‑on moves (Bitcoin & big‑tech rally after ceasefire headlines) lift sentiment for large cap tech names, aiding Alphabet near term. Bitcoin and Big Tech Rally
• Neutral Sentiment: Some outlets and analysts pushed back on the scope/timing of the Marvell partnership reports — introduces execution/timing uncertainty around new chip initiatives. Marvell Falls Back After Reports Disputed
• Neutral Sentiment: Microsoft UK lawsuit over Windows Server cloud licensing was advanced by a tribunal — relevant for cloud competitive dynamics but not a direct Alphabet event; monitor competitive/legal framing. Microsoft Must Face $2.8B UK Lawsuit
• Negative Sentiment: eMarketer projects Meta may surpass Google in global/ad revenue this year — a direct competitive headwind for Alphabet’s core ads business and a reason for investor caution on ad growth forecasts. Meta Set To Surpass Google In Ad Revenue

Wall Street Analyst Weigh In

A number of research firms have commented on GOOGL. President Capital raised their price target on shares of Alphabet from $323.00 to $375.00 and gave the stock a “buy” rating in a report on Tuesday, February 10th. Wall Street Zen cut shares of Alphabet from a “buy” rating to a “hold” rating in a research report on Sunday, April 12th. The Goldman Sachs Group restated a “buy” rating and issued a $375.00 target price (up from $330.00) on shares of Alphabet in a research note on Tuesday, January 13th. Rosenblatt Securities upped their price target on Alphabet from $279.00 to $357.00 and gave the stock a “neutral” rating in a research note on Thursday, February 5th. Finally, Wedbush increased their price target on Alphabet from $360.00 to $370.00 and gave the stock an “outperform” rating in a report on Thursday, February 5th. Two 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. According to MarketBeat.com, Alphabet currently has an average rating of “Moderate Buy” and an average target price of $369.47.

Alphabet Stock Performance

The firm has a market cap of $4.02 trillion, a P/E ratio of 30.74, a PEG ratio of 2.11 and a beta of 1.12. The company has a current ratio of 2.01, a quick ratio of 2.01 and a debt-to-equity ratio of 0.11. The company’s 50-day moving average is $307.09 and its two-hundred day moving average is $302.81.

Alphabet (NASDAQ:GOOGL) last issued its quarterly earnings data 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. The firm had revenue of $113.83 billion during the quarter, compared to analyst estimates of $111.24 billion. Alphabet had a return on equity of 35.01% and a net margin of 32.81%. As a group, equities analysts predict that Alphabet Inc. will post 11.53 EPS for the current fiscal year.

Alphabet Dividend Announcement

The business also recently declared a quarterly dividend, which was paid on Monday, March 16th. Investors of record on Monday, March 9th were issued a dividend of $0.21 per share. 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 is 7.77%.

Insiders Place Their Bets

In other Alphabet news, Director Frances Arnold sold 112 shares of the firm’s stock in a transaction on Monday, March 2nd. The stock was sold at an average price of $302.99, for a total transaction of $33,934.88. Following the transaction, the director directly owned 18,418 shares in the company, valued at approximately $5,580,469.82. This trade represents a 0.60% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. Also, insider John Kent Walker sold 8,993 shares of Alphabet stock in a transaction on Friday, March 27th. The stock was sold at an average price of $275.89, for a total transaction of $2,481,078.77. Following the transaction, the insider directly owned 51,808 shares in the company, valued at $14,293,309.12. This represents a 14.79% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Insiders sold a total of 2,069,794 shares of company stock worth $104,854,147 in the last three months. 11.55% of the stock is owned by corporate insiders.

Institutional Investors Weigh In On Alphabet

Institutional investors have recently added to or reduced their stakes in the company. Lifetime Wealth Management P.C. bought a new position in shares of Alphabet in the fourth quarter valued at approximately $32,000. EMC Capital Management purchased a new position in Alphabet in the fourth quarter worth $33,000. PMV Capital Advisers LLC purchased a new position in Alphabet in the fourth quarter worth $38,000. IFC & Insurance Marketing Inc. bought a new position in Alphabet in the 4th quarter valued at $38,000. Finally, Bard Associates Inc. purchased a new stake in shares of Alphabet during the 4th quarter valued at $52,000. 40.03% of the stock is owned by institutional investors.

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.