Alphabet (NASDAQ:GOOG) Price Target Raised to $425.00

Alphabet (NASDAQ:GOOG) had its target price raised by JPMorgan Chase & Co. from $420.00 to $425.00 in a report issued on Thursday morning,Benzinga reports. The brokerage currently has an overweight rating on the information services provider’s stock.

Several other equities analysts have also issued reports on the company. Zacks Research lowered Alphabet from a “strong-buy” rating to a “hold” rating in a research note on Wednesday, August 5th. Sanford C. Bernstein reduced their price objective on Alphabet from $390.00 to $385.00 and set a “market perform” rating for the company in a research report on Thursday, July 23rd. Royal Bank Of Canada reiterated a “buy” rating and issued a $475.00 price objective on shares of Alphabet in a research report on Thursday, July 23rd. Freedom Capital raised Alphabet from a “hold” rating to a “strong-buy” rating in a report on Thursday, July 23rd. Finally, DZ Bank upgraded Alphabet from a “buy” rating to a “strong-buy” rating in a research report on Thursday, July 23rd. Six analysts have rated the stock with a Strong Buy rating, thirty-four have assigned a Buy rating and four have given a Hold rating to the company’s stock. According to MarketBeat.com, Alphabet presently has an average rating of “Buy” and a consensus price target of $422.10.

Alphabet Stock Performance

NASDAQ:GOOG opened at $336.91 on Thursday. The firm’s 50-day moving average is $341.08 and its 200-day moving average is $348.80. Alphabet has a 52-week low of $244.67 and a 52-week high of $404.47. The company has a debt-to-equity ratio of 0.16, a quick ratio of 2.64 and a current ratio of 2.72. The company has a market cap of $4.12 trillion, a price-to-earnings ratio of 16.92, a PEG ratio of 0.98 and a beta of 1.19.

Alphabet (NASDAQ:GOOG) last announced its quarterly earnings data on Thursday, July 23rd. The information services provider reported $9.11 EPS for the quarter, beating analysts’ consensus estimates of $2.87 by $6.24. Alphabet had a net margin of 54.77% and a return on equity of 51.32%. The business had revenue of $119.80 billion during the quarter, compared to analyst estimates of $116.53 billion. During the same quarter in the prior year, the business earned $2.31 earnings per share. The firm’s revenue for the quarter was up 24.2% on a year-over-year basis. Equities research analysts anticipate that Alphabet will post 20.54 earnings per share for the current year.

Alphabet Dividend Announcement

The business also recently declared a quarterly dividend, which was paid on Monday, September 14th. Shareholders of record on Monday, September 7th were given a $0.22 dividend. This represents a $0.88 dividend on an annualized basis and a yield of 0.3%. The ex-dividend date was Friday, September 4th. Alphabet’s dividend payout ratio is 4.42%.

Insider Buying and Selling at Alphabet

In other news, Director Frances Arnold sold 83 shares of the business’s stock in a transaction on Wednesday, September 30th. The shares were sold at an average price of $340.45, for a total value of $28,257.35. Following the sale, the director owned 19,076 shares in the company, valued at approximately $6,494,424.20. The trade was a 0.43% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. Also, major shareholder 2019 Gp L.L.C. Gv sold 196,931 shares of the company’s stock in a transaction dated Monday, July 27th. The stock was sold at an average price of $19.46, for a total transaction of $3,832,277.26. The disclosure for this sale is available in the SEC filing. Over the last three months, insiders sold 420,865 shares of company stock valued at $8,293,477. 12.99% of the stock is currently owned by company insiders.

Hedge Funds Weigh In On Alphabet

Institutional investors and hedge funds have recently added to or reduced their stakes in the company. Signature Resources Capital Management LLC increased its holdings in shares of Alphabet by 0.9% during the third quarter. Signature Resources Capital Management LLC now owns 6,787 shares of the information services provider’s stock worth $2,313,000 after buying an additional 58 shares in the last quarter. Onyx Bridge Wealth Group LLC boosted its holdings in shares of Alphabet by 5.2% in the 3rd quarter. Onyx Bridge Wealth Group LLC now owns 24,053 shares of the information services provider’s stock worth $8,196,000 after acquiring an additional 1,191 shares in the last quarter. FIDELIS iM LLC acquired a new position in shares of Alphabet in the 3rd quarter worth approximately $471,000. IFP Advisors Inc boosted its holdings in shares of Alphabet by 1.4% in the 3rd quarter. IFP Advisors Inc now owns 190,693 shares of the information services provider’s stock worth $64,977,000 after acquiring an additional 2,651 shares in the last quarter. Finally, Delta Capital Management LLC grew its position in Alphabet by 3.6% during the 3rd quarter. Delta Capital Management LLC now owns 12,275 shares of the information services provider’s stock worth $4,183,000 after acquiring an additional 430 shares during the last quarter. 27.26% of the stock is currently owned by institutional investors and hedge funds.

Alphabet News Roundup

Here are the key news stories impacting Alphabet this week:

• Positive Sentiment: AI-chip opportunity: Evercore ISI raised its Alphabet estimates, arguing that the company could sell its internally developed tensor processing units (TPUs) to cloud customers. AI-chip revenue could become a meaningful contributor to Google Cloud, supporting growth and improving the return on Alphabet’s substantial infrastructure investments. Evercore raises Alphabet estimates on potential TPU hardware sales
• Positive Sentiment: Quantum-computing breakthrough: Google reported a technique that reduces quantum-computing errors by roughly 40 times. Although commercialization remains uncertain, the development reinforces Alphabet’s long-term technology leadership and could support investor enthusiasm around its research portfolio. Google demonstrates new quantum computer breakthrough
• Positive Sentiment: Expansion of growth businesses: Waymo received approval to participate in Ontario’s automated-vehicle pilot program and is targeting a Toronto robotaxi launch in 2028. Alphabet also reached a multiyear AI-content agreement with CNN, potentially strengthening its AI products and training resources. Google’s Waymo plans first Canada robotaxi service in Toronto in 2028
• Neutral Sentiment: Analyst support remains favorable: JPMorgan raised its Alphabet target to $425 and maintained an overweight rating, while recent commentary continues to emphasize strong cloud and AI growth. However, investors remain focused on whether large capital expenditures can generate sufficient future returns.
• Negative Sentiment: Macro pressure: A hotter-than-expected producer-price report reduced expectations for near-term Federal Reserve rate cuts. Higher-for-longer rates typically weigh on high-growth technology valuations, contributing to weakness across major technology shares, including Alphabet.
• Negative Sentiment: Legal overhang: Multiple law firms publicized a securities class action involving investors who held Alphabet shares between May 19 and July 16, 2026, citing alleged securities-law violations related to disclosures about Gemini AI performance. The repeated deadline reminders may add short-term sentiment pressure, although the ultimate financial impact remains uncertain. Kaplan Fox Alphabet class action reminder

Alphabet Company Profile

Alphabet Inc is a technology holding company best known as the parent organization of Google. Founded in 2015 through a corporate restructuring, Alphabet oversees Google and a collection of businesses focused on technology, online services, communications, artificial intelligence, and other emerging areas.

Google’s principal products and services include its internet search engine, digital advertising platforms, YouTube, Android, Chrome, Google Maps, Google Play, and Google Workspace. The company also provides cloud computing, data storage, cybersecurity, productivity, and artificial intelligence services through Google Cloud.