Alphabet's (GOOGL) "Buy" Rating Reaffirmed at Rosenblatt Securities

Key Points

• Rosenblatt Securities reaffirmed its “Buy” rating on Alphabet and set a $410 price target, implying 21.62% upside from the prior close.
• Alphabet recently reported strong quarterly results, with EPS of $9.11 versus the $2.89 consensus and revenue of $119.80 billion, above estimates. Analysts collectively maintain a “Buy” rating with a $420.19 average price target.
• Alphabet shares opened at $337.12, while insiders sold approximately $12.4 million of stock during the last quarter; hedge funds and other institutions own about 40.03% of the company.

Alphabet (NASDAQ:GOOGL - Get Free Report)'s stock had its "buy" rating reiterated by equities researchers at Rosenblatt Securities in a research note issued to investors on Thursday, Benzinga reports. They presently have a $410.00 price target on the information services provider's stock. Rosenblatt Securities' price objective would indicate a potential upside of 21.62% from the company's previous close.

GOOGL has been the topic of a number of other research reports. Piper Sandler reaffirmed an "overweight" rating and issued a $395.00 price target (down from $445.00) on shares of Alphabet in a report on Thursday, July 23rd. Wells Fargo & Company set a $411.00 price objective on Alphabet and gave the company an "overweight" rating in a report on Thursday, July 23rd. DZ Bank upgraded Alphabet to a "strong-buy" rating in a research note on Thursday, July 23rd. KeyCorp upped their price target on Alphabet from $425.00 to $445.00 and gave the company an "overweight" rating in a research report on Friday, July 10th. Finally, Royal Bank Of Canada reiterated an "outperform" rating and set a $425.00 price target on shares of Alphabet in a research note on Thursday, July 23rd. Five equities research analysts have rated the stock with a Strong Buy rating, forty-five have issued a Buy rating and four have issued a Hold rating to the company's stock. Based on data from MarketBeat, Alphabet has an average rating of "Buy" and a consensus price target of $420.19.

Alphabet Stock Performance

Shares of Alphabet stock opened at $337.12 on Thursday. The business's fifty day simple moving average is $349.02 and its 200 day simple moving average is $342.38. The company has a current ratio of 2.72, a quick ratio of 2.64 and a debt-to-equity ratio of 0.16. Alphabet has a 12 month low of $224.79 and a 12 month high of $408.61. The firm has a market capitalization of $4.12 trillion, a P/E ratio of 16.93, a price-to-earnings-growth ratio of 0.97 and a beta of 1.22.

Alphabet (NASDAQ:GOOGL - Get Free Report) last announced its earnings results on Wednesday, July 22nd. The information services provider reported $9.11 earnings per share (EPS) for the quarter, beating the consensus estimate of $2.89 by $6.22. The firm had revenue of $119.80 billion during the quarter, compared to analyst estimates of $117.07 billion. Alphabet had a return on equity of 51.32% and a net margin of 54.77%. As a group, analysts anticipate that Alphabet will post 20.5 EPS for the current year.

Insider Buying and Selling

In other news, CAO Marsida Saraci sold 449 shares of the firm's stock in a transaction that occurred on Wednesday, July 29th. The shares were sold at an average price of $333.20, for a total value of $149,606.80. Following the completion of the transaction, the chief accounting officer directly owned 27,386 shares in the company, valued at approximately $9,125,015.20. This trade represents a 1.61% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, major shareholder 2019 Gp L.L.C. Gv sold 118,138 shares of the business's stock in a transaction that occurred on Tuesday, July 28th. The shares were sold at an average price of $18.90, for a total transaction of $2,232,808.20. The SEC filing for this sale provides additional information. In the last quarter, insiders have sold 451,925 shares of company stock valued at $12,371,544. Corporate insiders own 11.61% of the company's stock.

Institutional Inflows and Outflows

A number of hedge funds have recently made changes to their positions in the company. Lifetime Wealth Management P.C. bought a new stake in shares of Alphabet during the 4th quarter valued at about $32,000. EMC Capital Management bought a new stake in Alphabet during the fourth quarter valued at approximately $33,000. IFC & Insurance Marketing Inc. purchased a new position in Alphabet in the 4th quarter worth approximately $38,000. Bard Associates Inc. bought a new position in shares of Alphabet in the 4th quarter worth $52,000. Finally, iSAM Funds UK Ltd bought a new position in shares of Alphabet in the 3rd quarter worth $53,000. 40.03% of the stock is currently owned by hedge funds and other institutional investors.

More Alphabet News

Here are the key news stories impacting Alphabet this week:

• Positive Sentiment: A federal judge rejected the U.S. Justice Department’s request to force Google to sell its AdX advertising exchange and other ad-tech assets. Although Google must change practices that allegedly harmed publishers and competition, avoiding a breakup reduces the risk of a major loss of revenue and strategic control. Google defeats US bid to force ad tech sale
• Positive Sentiment: Google Cloud revenue reportedly grew 82% year over year, outpacing Amazon and Microsoft. Management raised the midpoint of its 2026 capital-spending outlook to $200 billion and indicated spending will rise again next year, signaling confidence that AI infrastructure demand can support substantial future growth. Alphabet Google Cloud revenue growth and capital spending
• Positive Sentiment: Berkshire Hathaway CEO Greg Abel called Alphabet a significant AI player after the company expanded its Alphabet stake. The endorsement strengthens the investment case for Google’s AI position and may support sentiment among long-term shareholders. Berkshire CEO Abel on Alphabet AI investment
• Positive Sentiment: The rollout of Gemini 3.8 Flash, along with new Workspace AI tools, is intended to demonstrate that Google is closing competitive gaps in AI capabilities. Investors are also watching the expansion of Alphabet-owned Waymo’s paid robotaxi service to additional U.S. cities. Google AI momentum and Gemini 3.8 Flash
• Neutral Sentiment: Google signed agreements for geothermal and battery-storage power to support new data centers. The deals improve the reliability and sustainability of AI infrastructure, but also underscore the scale and cost of Alphabet’s capacity expansion. Google geothermal power agreement
• Negative Sentiment: Alphabet shares have faced pressure from reported insider selling and concerns over a recent technology talent drain. Investors also remain cautious that $200 billion-plus annual AI spending could weigh on returns if cloud growth and AI monetization fail to justify the investment. Alphabet trading and insider selling

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.

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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