Alphabet (NASDAQ:GOOGL) Price Target Raised to $360.00

Alphabet (NASDAQ:GOOGL) had its target price increased by Wedbush from $350.00 to $360.00 in a report released on Wednesday morning,MarketScreener reports. Wedbush currently has an outperform rating on the information services provider’s stock.

Several other equities research analysts also recently weighed in on the company. Melius Research increased their price target on Alphabet from $220.00 to $255.00 in a research report on Thursday, September 25th. President Capital raised their target price on Alphabet from $258.00 to $323.00 and gave the stock a “buy” rating in a report on Thursday, November 6th. Phillip Securities raised Alphabet from a “moderate buy” rating to a “strong-buy” rating in a report on Friday, November 7th. Jefferies Financial Group reaffirmed a “buy” rating and set a $365.00 price objective (up previously from $320.00) on shares of Alphabet in a research note on Monday, January 5th. Finally, DZ Bank reiterated a “buy” rating on shares of Alphabet in a research note on Thursday, November 20th. Four investment analysts have rated the stock with a Strong Buy rating, forty-two have assigned a Buy rating and five have issued a Hold rating to the stock. Based on data from MarketBeat.com, Alphabet currently has a consensus rating of “Moderate Buy” and a consensus target price of $331.40.

Alphabet Price Performance

Shares of NASDAQ GOOGL opened at $328.04 on Wednesday. Alphabet has a 52 week low of $140.53 and a 52 week high of $340.49. The business’s 50 day moving average price is $315.65 and its 200 day moving average price is $259.50. The company has a quick ratio of 1.75, a current ratio of 1.75 and a debt-to-equity ratio of 0.06. The firm has a market cap of $3.96 trillion, a P/E ratio of 32.35, a P/E/G ratio of 1.82 and a beta of 1.08.

Alphabet (NASDAQ:GOOGL) last announced its quarterly earnings data on Wednesday, October 29th. The information services provider reported $2.87 EPS for the quarter, beating the consensus estimate of $2.29 by $0.58. The business had revenue of $102.35 billion during the quarter, compared to analysts’ expectations of $99.90 billion. Alphabet had a net margin of 32.23% and a return on equity of 35.00%. On average, sell-side analysts expect that Alphabet will post 8.9 earnings per share for the current year.

Insider Activity at Alphabet

In other news, CAO Amie Thuener O’toole sold 2,778 shares of the firm’s stock in a transaction that occurred on Monday, December 15th. The stock was sold at an average price of $312.30, for a total value of $867,569.40. Following the transaction, the chief accounting officer owned 8,962 shares in the company, valued at $2,798,832.60. This trade represents a 23.66% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is available through this link. Also, CEO Sundar Pichai sold 32,500 shares of the business’s stock in a transaction that occurred on Wednesday, November 5th. The stock was sold at an average price of $283.48, for a total value of $9,213,100.00. Following the sale, the chief executive officer owned 2,337,119 shares of the company’s stock, valued at $662,526,494.12. The trade was a 1.37% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. In the last three months, insiders have sold 222,409 shares of company stock valued at $68,564,532. 11.64% of the stock is owned by corporate insiders.

Institutional Investors Weigh In On Alphabet

Hedge funds have recently modified their holdings of the company. TFC Financial Management Inc. grew its stake in shares of Alphabet by 5.4% in the 4th quarter. TFC Financial Management Inc. now owns 9,566 shares of the information services provider’s stock valued at $2,994,000 after buying an additional 487 shares during the period. Bingham Private Wealth LLC acquired a new position in Alphabet in the fourth quarter valued at approximately $3,690,000. Sunpointe LLC grew its position in Alphabet by 20.8% in the fourth quarter. Sunpointe LLC now owns 16,239 shares of the information services provider’s stock worth $5,083,000 after acquiring an additional 2,796 shares during the period. Farther Finance Advisors LLC increased its stake in Alphabet by 25.5% during the fourth quarter. Farther Finance Advisors LLC now owns 276,975 shares of the information services provider’s stock worth $86,693,000 after acquiring an additional 56,197 shares during the last quarter. Finally, Fortress Financial Group LLC acquired a new position in shares of Alphabet in the 4th quarter valued at $353,000. Hedge funds and other institutional investors own 40.03% of the company’s stock.

Alphabet News Summary

Here are the key news stories impacting Alphabet this week:

• Positive Sentiment: Apple ties Gemini to Siri, widening Gemini distribution and strengthening Alphabet’s AI moat — a material revenue/strategic positive for GOOGL that supports premium multiples and growth expectations. How Apple’s Gemini-Powered Siri Deal Will Impact Alphabet (GOOGL) Investors
• Positive Sentiment: Multiple bullish analyst moves — Wolfe Research lifted its price target to $390, Raymond James upgraded to “strong buy” and raised targets (reports of a $400 target), and Deutsche Bank raised its target — fueling buy-side momentum and supporting upside expectations. Wolfe Research Adjusts Price Target
• Positive Sentiment: Google pushes into AI shopping and other AI-enabled monetization avenues — analysts and outlets highlight accelerating product-led revenue opportunities that underpin long-term growth. Google’s Making a Splash in AI Shopping
• Neutral Sentiment: Technical/market commentary: recent ~3–4% pullback called a routine consolidation within a long-term uptrend — suggests no fundamental change but signals caution for investors seeking cheaper entry points. Alphabet Cools After the Run: Buy Now or Wait for a Better Entry?
• Neutral Sentiment: Waymo launched robotaxi service in Miami (business expansion) — growth opportunity for autonomous revenue but not yet material to near-term GAAP results. Waymo launches robotaxi service in Miami
• Negative Sentiment: NTSB opens an investigation after Waymo robotaxis were recorded illegally passing stopped school buses multiple times — raises regulatory, safety and reputational risks for Alphabet’s autonomous-driving unit and could lead to operational constraints or fines. US safety board opens probe into Waymo robotaxis passing stopped school buses
• Negative Sentiment: Federal judge allowed a consumer antitrust lawsuit over Google’s default-search payments to proceed — continued legal exposure that could affect search economics and ad revenue over time. Judge Orders Google to Face Consumer Antitrust Lawsuit Over Search

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.