Alphabet (NASDAQ:GOOGL) Price Target Raised to $460.00 at Mizuho

Alphabet (NASDAQ:GOOGL) had its price target boosted by equities researchers at Mizuho from $420.00 to $460.00 in a research note issued to investors on Wednesday,Benzinga reports. The brokerage presently has an “outperform” rating on the information services provider’s stock. Mizuho’s price target points to a potential upside of 18.42% from the stock’s previous close.

A number of other equities analysts have also recently weighed in on GOOGL. China Renaissance boosted their price target on Alphabet from $400.00 to $485.00 and gave the stock a “buy” rating in a report on Monday. Wolfe Research cut their price target on Alphabet from $390.00 to $360.00 and set an “outperform” rating for the company in a report on Friday, April 10th. President Capital boosted their price target on Alphabet from $375.00 to $465.00 and gave the stock a “buy” rating in a report on Tuesday. Wells Fargo & Company cut their price target on Alphabet from $397.00 to $361.00 and set an “overweight” rating for the company in a report on Thursday, April 2nd. Finally, Roth Mkm reissued a “buy” rating on shares of Alphabet in a report on Thursday, April 30th. Two investment analysts have rated the stock with a Strong Buy rating, forty-seven have given a Buy rating and five have given a Hold rating to the stock. Based on data from MarketBeat, the stock has an average rating of “Moderate Buy” and a consensus price target of $406.71.

Alphabet Stock Performance

NASDAQ GOOGL opened at $388.46 on Wednesday. Alphabet has a fifty-two week low of $147.84 and a fifty-two week high of $392.82. The stock has a market cap of $4.70 trillion, a price-to-earnings ratio of 29.63, a price-to-earnings-growth ratio of 1.71 and a beta of 1.26. The business has a fifty day moving average of $315.19 and a 200-day moving average of $309.67. The company has a quick ratio of 1.92, a current ratio of 1.92 and a debt-to-equity ratio of 0.16.

Alphabet (NASDAQ:GOOGL) last released its quarterly earnings results on Wednesday, April 29th. The information services provider reported $5.11 earnings per share for the quarter, topping analysts’ consensus estimates of $2.64 by $2.47. Alphabet had a return on equity of 38.99% and a net margin of 37.92%.The company had revenue of $109.90 billion during the quarter, compared to analysts’ expectations of $106.98 billion. As a group, analysts predict that Alphabet will post 13.58 earnings per share for the current fiscal year.

Insiders Place Their Bets

In other Alphabet news, Director John L. Hennessy sold 1,050 shares of the business’s stock in a transaction dated Wednesday, April 15th. The stock was sold at an average price of $331.65, for a total transaction of $348,232.50. Following the completion of the sale, the director owned 3,581 shares of the company’s stock, valued at approximately $1,187,638.65. The trade was a 22.67% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, CAO Amie Thuener O’toole sold 955 shares of the business’s stock in a transaction dated Tuesday, March 3rd. The shares were sold at an average price of $298.00, for a total value of $284,590.00. Following the sale, the chief accounting officer directly owned 9,918 shares of the company’s stock, valued at approximately $2,955,564. This trade represents a 8.78% decrease in their position. The disclosure for this sale is available in the SEC filing. Over the last ninety days, insiders have sold 158,553 shares of company stock valued at $47,951,856. 11.61% of the stock is owned by company 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. purchased a new stake in Alphabet during the fourth quarter valued at about $32,000. EMC Capital Management purchased a new stake in Alphabet during the fourth quarter valued at about $33,000. PMV Capital Advisers LLC purchased a new stake in Alphabet during the fourth quarter valued at about $38,000. IFC & Insurance Marketing Inc. purchased a new stake in Alphabet during the fourth quarter valued at about $38,000. Finally, Bard Associates Inc. purchased a new stake in Alphabet during the fourth quarter valued at about $52,000. Hedge funds and other institutional investors own 40.03% of the company’s stock.

Key Stories Impacting Alphabet

Here are the key news stories impacting Alphabet this week:

• Positive Sentiment: Anthropic reportedly committed to a multiyear, very large cloud deal with Google — a reported $200 billion spend over five years would lock in massive Google Cloud revenue and capacity demand. Anthropic commits to spending $200 billion on Google’s cloud and chips, The Information reports
• Positive Sentiment: Wall Street momentum: multiple firms raised price targets and reaffirmed buy ratings after strong Q1 (Daiwa, President Capital, New Street, China Renaissance, Citizens/JMP and JPMorgan reaffirmations), supporting upside expectations. Daiwa Securities adjusts price target on Alphabet to $445
• Positive Sentiment: Strategic product/compute move: reports that Google will sell TPUs directly point to a push to capture more AI-infrastructure economics (good for Google Cloud revenue and a competitive play versus NVIDIA). This underpins investor enthusiasm about verticalizing AI stack revenue. Google Moves to Sell TPUs Directly: A Major Shift That Might Pressure NVIDIA’s AI Compute Dominance
• Positive Sentiment: Capital markets vote of confidence: Alphabet’s large euro bond sale saw strong demand, easing funding for its AI capex push and signaling solid investor appetite for its balance-sheet strategy. Alphabet taps euro bond market with six-tranche offering
• Positive Sentiment: Operational traction: multiple write-ups note Google Cloud growth outpacing competitors and a rising cloud backlog — supports durable revenue growth above advertising. Alphabet’s Google Cloud growth outpaces AWS and Azure
• Neutral Sentiment: U.S. security reviews / stress tests: the U.S. government’s expanded access to unreleased models (including Google/DeepMind) for risk assessments increases scrutiny but could also accelerate standards that favor larger, compliant players. What we know about US stress tests of Google, xAI and Microsoft AI models
• Negative Sentiment: Regulatory/data-risk flag: a senior Google scientist warned EU proposals to force data-sharing with rivals (e.g., for search) could expose user data — this signals material regulatory risk to Google’s core search model and revenue if rules tighten. Top Google scientist says EU data measures pose privacy risk for users
• Negative Sentiment: Labor and reputational risks: DeepMind/Google AI staff in the UK have voted to unionize and are protesting military-related contracts — potential for workplace disruption and reputational/headline risk during a sensitive regulatory period. UK Google DeepMind employees vote to unionize over its AI military deals
• Negative Sentiment: Traffic-referral implications: Reach PLC reports a drop in digital revenue tied to weaker Google search/referral traffic — a reminder that changes to search/referral dynamics can affect publisher ecosystems (and could presage volatility in search-related monetization trends). Reach revenue falls as Google traffic slump continues to hit digital income
• Negative Sentiment: Analyst downgrade: Freedom Capital cut its rating to “hold,” a counterpoint to multiple buy/rating upgrades and a reminder some firms are taking profits or noting valuation/capex risks. Freedom Capital downgrade to hold (Zacks)

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.