Alphabet (NASDAQ:GOOGL) Stock Price Target Lowered at Rosenblatt Securities

Key Points

• Rosenblatt Securities lowered Alphabet’s price target from $410 to $380 while maintaining a “Buy” rating, implying approximately 17% upside from the previous close.
• Alphabet’s analyst consensus remains positive, with an average “Buy” rating and $423.04 price target; other firms have issued targets ranging from $450 to $480.
• The company recently missed quarterly earnings and revenue estimates, while slowing advertising growth and heavy AI infrastructure spending remain concerns despite strong Google Cloud and AI momentum.

Alphabet (NASDAQ:GOOGL - Get Free Report) had its target price lowered by investment analysts at Rosenblatt Securities from $410.00 to $380.00 in a research note issued on Thursday, Benzinga reports. The firm presently has a "buy" rating on the information services provider's stock. Rosenblatt Securities's price target would suggest a potential upside of 16.96% from the company's previous close.

GOOGL has been the topic of a number of other research reports. BMO Capital Markets reiterated an "outperform" rating and set a $480.00 price objective (up from $465.00) on shares of Alphabet in a research note on Tuesday, October 20th. Wall Street Zen cut Alphabet from a "buy" rating to a "hold" rating in a research note on Saturday, August 1st. DZ Bank upgraded Alphabet to a "strong-buy" rating in a research note on Thursday, July 23rd. Pivotal Research reaffirmed a "buy" rating and set a $475.00 price target (up from $470.00) on shares of Alphabet in a report on Thursday, July 23rd. Finally, Evercore reaffirmed an "outperform" rating and set a $450.00 price objective on shares of Alphabet in a research report on Wednesday, September 16th. Five investment analysts have rated the stock with a Strong Buy rating, forty-seven have given a Buy rating and four have given a Hold rating to the company. According to MarketBeat, the stock currently has an average rating of "Buy" and an average target price of $423.04.

Alphabet Stock Up 1.3%

Shares of Alphabet stock opened at $324.89 on Thursday. The firm has a market cap of $3.97 trillion, a PE ratio of 16.32, a P/E/G ratio of 0.92 and a beta of 1.21. The business's 50 day simple moving average is $341.50 and its 200 day simple moving average is $340.66. The company has a debt-to-equity ratio of 0.16, a quick ratio of 2.64 and a current ratio of 2.72. Alphabet has a 52-week low of $267.67 and a 52-week high of $408.61.

Alphabet (NASDAQ:GOOGL - Get Free Report) last released its quarterly earnings results on Wednesday, October 28th. The information services provider reported $2.12 earnings per share for the quarter, missing analysts' consensus estimates of $3.02 by ($0.90). Alphabet had a return on equity of 51.32% and a net margin of 54.77%. The firm had revenue of $127.58 billion for the quarter, compared to analyst estimates of $127.96 billion. On average, analysts predict that Alphabet will post 20.60 earnings per share for the current fiscal year.

Insiders Place Their Bets

In related news, Director Frances Arnold sold 83 shares of the business's stock in a transaction on Wednesday, September 30th. The stock was sold at an average price of $340.45, for a total value of $28,257.35. Following the completion of the sale, the director directly owned 19,076 shares in the company, valued at $6,494,424.20. The trade was a 0.43% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available through the SEC website. Insiders own 11.61% of the company's stock.

Institutional Inflows and Outflows

A number of institutional investors and hedge funds have recently added to or reduced their stakes in GOOGL. Titleist Asset Management LLC raised its holdings in Alphabet by 6.4% in the 3rd quarter. Titleist Asset Management LLC now owns 34,613 shares of the information services provider's stock valued at $11,909,000 after buying an additional 2,096 shares during the last quarter. PFG Investments LLC boosted its position in Alphabet by 2.6% during the 1st quarter. PFG Investments LLC now owns 89,299 shares of the information services provider's stock worth $25,679,000 after buying an additional 2,269 shares during the period. Elefante Mark B grew its holdings in Alphabet by 4.5% during the 2nd quarter. Elefante Mark B now owns 43,733 shares of the information services provider's stock worth $15,629,000 after acquiring an additional 1,897 shares during the last quarter. Nwam LLC grew its holdings in Alphabet by 19.6% during the 1st quarter. Nwam LLC now owns 49,128 shares of the information services provider's stock worth $14,127,000 after acquiring an additional 8,055 shares during the last quarter. Finally, WCM Investment Management LLC grew its holdings in Alphabet by 287.4% during the 1st quarter. WCM Investment Management LLC now owns 3,886 shares of the information services provider's stock worth $1,063,000 after acquiring an additional 2,883 shares during the last quarter. 40.03% of the stock is owned by institutional investors and hedge funds.

Trending Headlines about Alphabet

Here are the key news stories impacting Alphabet this week:

• Positive Sentiment: Google Cloud delivered exceptional growth: Revenue more than doubled to approximately $31 billion, surpassing expectations as demand for AI infrastructure remained strong. Alphabet's Google Cloud unit beats quarterly revenue estimates
• Positive Sentiment: AI-chip prospects are improving: OpenAI reportedly plans to purchase Google’s custom TPU chips, while Alphabet is expanding TPU availability through Oracle Cloud. These developments could create a new infrastructure revenue stream and reduce reliance on Nvidia. Google alters cloud playbook to sell more AI chips
• Positive Sentiment: Alphabet continues expanding its AI ecosystem: Google launched the Gemini 4 Carbon model and is extending AI-powered Search ads and connected-app capabilities, potentially creating future monetization opportunities. Google expands AI Search ads globally
• Neutral Sentiment: Legal risks remain an overhang: Several law firms publicized an existing securities-fraud class action alleging Alphabet misrepresented development delays involving Gemini 3.5 Pro. The announcements do not establish wrongdoing, but they could add reputational and litigation risk. Alphabet securities fraud lawsuit announcement
• Negative Sentiment: Alphabet missed quarterly expectations: Earnings per share were $2.12 versus a consensus estimate near $3.02, while revenue of $127.58 billion was slightly below forecasts. Net income also fell 25% year over year, partly because of an estimated $11 billion mark-to-market loss on its SpaceX investment.
• Negative Sentiment: Advertising momentum slowed: YouTube advertising revenue reached $11.2 billion, below the roughly $11.43 billion expected, while broader Search advertising growth also decelerated. This intensified concerns that AI assistants could disrupt Google’s core search business. Google shares fall as ad revenue misses estimates
• Negative Sentiment: AI investment is weighing heavily on cash generation: Alphabet reported approximately $9.1 billion in negative free cash flow and maintained elevated spending plans for data centers and AI capacity. Investors are questioning whether cloud growth can justify the scale and timing of this spending. Alphabet falls after free cash flow concerns

Alphabet Company Profile

Alphabet Inc is a technology holding company best known for its Google subsidiary. Google operates a global internet-services business centered on online search, digital advertising, YouTube, Android, Chrome, Google Maps, Google Play, and a broad range of cloud-based productivity and collaboration tools.

Google Cloud provides infrastructure, data analytics, cybersecurity, artificial intelligence, and enterprise software services to businesses, governments, and other organizations. Alphabet also develops consumer hardware, including Pixel devices and products for connected homes, while investing in emerging businesses through its “Other Bets” segment, including autonomous transportation and life sciences initiatives.

Alphabet was established in 2015 as part of a corporate restructuring that made Google a subsidiary and provided a separate structure for its expanding portfolio of businesses.

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