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Alphabet (NASDAQ:GOOGL) Given New $465.00 Price Target at President Capital

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Key Points

  • President Capital raised its price target on Alphabet to $465 (from $375), maintaining a "buy" rating and implying roughly a 19.5% upside$405.94 and predominantly buy/strong‑buy ratings.
  • Alphabet beat Q1 estimates, reporting $5.11 EPS versus $2.64 expected and $109.9B in revenue versus $106.98B, with strong profitability (net margin 37.92% and ROE 38.99%), underpinning analyst optimism.
  • Five stocks to consider instead of Alphabet.

Alphabet (NASDAQ:GOOGL - Get Free Report) had its price target hoisted by President Capital from $375.00 to $465.00 in a report issued on Tuesday,MarketScreener reports. The firm currently has a "buy" rating on the information services provider's stock. President Capital's target price points to a potential upside of 19.50% from the stock's previous close.

Several other brokerages have also commented on GOOGL. Phillip Securities raised their price objective on Alphabet from $340.00 to $395.00 and gave the stock a "moderate buy" rating in a research report on Wednesday, April 15th. Jefferies Financial Group reaffirmed a "buy" rating on shares of Alphabet in a research report on Monday. Stifel Nicolaus set a $420.00 price target on Alphabet and gave the company a "buy" rating in a research note on Thursday. Citigroup reissued an "outperform" rating on shares of Alphabet in a report on Monday. Finally, Roth Mkm restated a "buy" rating on shares of Alphabet in a report on Thursday. Two research analysts have rated the stock with a Strong Buy rating, forty-seven have given a Buy rating and five have issued a Hold rating to the company's stock. According to data from MarketBeat.com, the company currently has a consensus rating of "Moderate Buy" and a consensus price target of $405.94.

Read Our Latest Report on Alphabet

Alphabet Trading Up 1.5%

NASDAQ GOOGL opened at $389.13 on Tuesday. Alphabet has a 52 week low of $147.84 and a 52 week high of $390.21. The company has a 50 day moving average price of $313.72 and a 200 day moving average price of $308.70. The company has a quick ratio of 1.92, a current ratio of 1.92 and a debt-to-equity ratio of 0.16. The firm has a market cap of $4.71 trillion, a PE ratio of 29.77, a price-to-earnings-growth ratio of 1.80 and a beta of 1.26.

Alphabet (NASDAQ:GOOGL - Get Free Report) last announced its earnings results on Wednesday, April 29th. The information services provider reported $5.11 earnings per share for the quarter, beating the consensus estimate of $2.64 by $2.47. Alphabet had a net margin of 37.92% and a return on equity of 38.99%. The company had revenue of $109.90 billion during the quarter, compared to the consensus estimate of $106.98 billion. As a group, sell-side analysts forecast that Alphabet will post 12.94 EPS for the current fiscal year.

Insider Transactions at Alphabet

In related news, insider John Kent Walker sold 47,574 shares of Alphabet stock in a transaction dated Tuesday, February 17th. The stock was sold at an average price of $301.45, for a total transaction of $14,341,182.30. Following the completion of the sale, the insider owned 13,227 shares of the company's stock, valued at $3,987,279.15. The trade was a 78.25% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is available through this hyperlink. Also, CEO Sundar Pichai sold 32,500 shares of the company's stock in a transaction that occurred on Wednesday, February 18th. The shares were sold at an average price of $303.92, for a total value of $9,877,400.00. Following the completion of the sale, the chief executive officer owned 2,818,524 shares in the company, valued at approximately $856,605,814.08. This represents a 1.14% decrease in their position. The disclosure for this sale is available in the SEC filing. In the last ninety days, insiders have sold 191,053 shares of company stock valued at $58,845,206. 11.64% of the stock is owned by company insiders.

Institutional Trading of Alphabet

Large investors have recently made changes to their positions in the business. Brighton Jones LLC increased its holdings in shares of Alphabet by 3.9% during the 4th quarter. Brighton Jones LLC now owns 110,330 shares of the information services provider's stock valued at $20,886,000 after purchasing an additional 4,110 shares in the last quarter. Revolve Wealth Partners LLC boosted its holdings in Alphabet by 3.5% during the fourth quarter. Revolve Wealth Partners LLC now owns 14,930 shares of the information services provider's stock worth $2,826,000 after buying an additional 506 shares in the last quarter. Matrix Asset Advisors Inc. NY boosted its holdings in Alphabet by 17.6% during the second quarter. Matrix Asset Advisors Inc. NY now owns 3,888 shares of the information services provider's stock worth $685,000 after buying an additional 581 shares in the last quarter. Sequoia Financial Advisors LLC grew its position in Alphabet by 11.2% during the second quarter. Sequoia Financial Advisors LLC now owns 485,486 shares of the information services provider's stock valued at $85,557,000 after buying an additional 48,805 shares during the period. Finally, United Bank grew its position in Alphabet by 6.9% during the second quarter. United Bank now owns 48,204 shares of the information services provider's stock valued at $8,495,000 after buying an additional 3,120 shares during the period. 40.03% of the stock is owned by hedge funds and other institutional investors.

Alphabet News Summary

Here are the key news stories impacting Alphabet this week:

  • Positive Sentiment: UBS says strong Q1 results from the Magnificent Seven validate the AI investment boom; UBS highlights accelerating cloud revenue and rising order backlogs as evidence that data‑center spending is paying off, reinforcing the bull case for GOOGL’s AI-exposed businesses. Big tech earnings validate AI investment boom, says UBS
  • Positive Sentiment: Multiple firms raised price targets or reaffirmed buy ratings (Citizens/JMP/China Renaissance/New Street/Jefferies), signaling analyst conviction in upside driven by cloud and AI momentum; that supports potential re-rating even as shares digest recent gains. Analyst price target / rating moves (Citizens et al.)
  • Positive Sentiment: Google Cloud growth is outpacing peers and backlog metrics look strong — a direct revenue/cash‑flow lever as Google monetizes AI infrastructure and enterprise deals. This is a key fundamental tailwind for long‑term earnings. Alphabet Eyes 20% Upside as Cloud Backlog Surges
  • Neutral Sentiment: Alphabet launched a six‑tranche euro bond offering after earlier large-dollar raises — provides additional funding for capex (data centers/AI) but modestly increases gross debt; company leverage remains low. Alphabet taps euro bond market with six-tranche offering
  • Neutral Sentiment: Alphabet will give U.S. authorities early access to new AI models for security reviews alongside Microsoft and xAI — increases regulatory oversight and may slow public rollouts but could reduce systemic-risk surprises long term. Microsoft, xAI and Google will share AI models with US govt for security reviews
  • Negative Sentiment: Freedom Capital downgraded Alphabet from “strong‑buy” to “hold,” a catalyst that can pressure short‑term sentiment and prompt reallocations by momentum/liquid funds. Freedom Capital downgrade reported
  • Negative Sentiment: UK DeepMind employees voted to unionize over AI military contracts, highlighting reputational and operational risks that could complicate certain partnerships or slow project timelines. UK Google DeepMind employees vote to unionize over its AI military deals
  • Negative Sentiment: Speculative technical calls warning of a large impending correction are circulating — could increase volatility and trigger short‑term selling even if fundamentals remain intact. Trading expert sets date when Google stock will crash by 45%

Alphabet Company Profile

(Get Free Report)

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.

Read More

Analyst Recommendations for Alphabet (NASDAQ:GOOGL)

This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest reporting and unbiased coverage. Please send any questions or comments about this story to contact@marketbeat.com.

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