Cantor Fitzgerald Increases Alphabet (NASDAQ:GOOGL) Price Target to $465.00

Key Points

• Cantor Fitzgerald raised its price target on Alphabet to $465 (from $395) with an "overweight" rating, implying roughly a 25.7% upside from the current share price.
• Alphabet delivered a big Q1 beat (EPS $5.11 vs. $2.64 estimate; $109.9B revenue) driven by strong ads, 25M net paid subscriptions and a ~63% jump at Google Cloud, which helped push the stock higher.
• Analyst optimism and price-target lifts are tempered by risks including cloud capacity constraints and regulatory/antitrust scrutiny (notably a Swiss probe), which could raise costs or limit certain enterprise/government opportunities.

Alphabet (NASDAQ:GOOGL - Get Free Report) had its price target increased by investment analysts at Cantor Fitzgerald from $395.00 to $465.00 in a report issued on Thursday,Benzinga reports. The brokerage presently has an "overweight" rating on the information services provider's stock. Cantor Fitzgerald's target price points to a potential upside of 25.66% from the company's current price.

Several other brokerages also recently weighed in on GOOGL. President Capital increased their price target on Alphabet from $323.00 to $375.00 and gave the stock a "buy" rating in a report on Tuesday, February 10th. Piper Sandler reissued an "overweight" rating and issued a $425.00 price objective on shares of Alphabet in a research note on Thursday. JPMorgan Chase & Co. restated a "buy" rating on shares of Alphabet in a research report on Monday, April 20th. Mizuho raised their target price on shares of Alphabet from $410.00 to $420.00 and gave the stock an "outperform" rating in a research note on Friday, April 10th. Finally, China Renaissance lifted their target price on shares of Alphabet from $330.00 to $400.00 and gave the company a "buy" rating in a report on Friday, February 6th. Two 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 stock. According to MarketBeat.com, the stock has an average rating of "Moderate Buy" and a consensus target price of $385.27.

Alphabet Stock Up 5.7%

GOOGL opened at $370.05 on Thursday. Alphabet has a 52 week low of $147.84 and a 52 week high of $377.04. The business has a 50 day moving average price of $312.08 and a two-hundred day moving average price of $307.27. The company has a quick ratio of 2.01, a current ratio of 2.01 and a debt-to-equity ratio of 0.11. The company has a market cap of $4.48 trillion, a PE ratio of 34.15, a P/E/G ratio of 2.17 and a beta of 1.12.

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. The company had revenue of $109.90 billion for the quarter, compared to the consensus estimate of $106.59 billion. Alphabet had a return on equity of 35.01% and a net margin of 32.81%. As a group, research analysts anticipate that Alphabet will post 11.53 EPS for the current year.

Insider Buying and Selling at Alphabet

In other news, Director John L. Hennessy sold 1,050 shares of the stock in a transaction dated Monday, March 16th. The shares were sold at an average price of $303.41, for a total value of $318,580.50. Following the completion of the transaction, the director owned 4,631 shares in the company, valued at $1,405,091.71. This trade represents a 18.48% decrease in their position. The sale was disclosed in a document filed with the SEC, which is available through this hyperlink. Also, insider John Kent Walker sold 47,574 shares of the firm's stock in a transaction dated Tuesday, February 17th. The shares were 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. This trade represents a 78.25% decrease in their position. The disclosure for this sale is available in the SEC filing. Over the last 90 days, insiders sold 2,037,192 shares of company stock worth $94,182,217. Company insiders own 11.55% of the company's stock.

Institutional Investors Weigh In On Alphabet

A number of hedge funds and other institutional investors have recently modified their holdings of GOOGL. Lifetime Wealth Management P.C. acquired a new stake in Alphabet in the fourth quarter valued at $32,000. EMC Capital Management purchased a new stake in shares of Alphabet in the 4th quarter worth about $33,000. PMV Capital Advisers LLC purchased a new stake in shares of Alphabet in the 4th quarter worth about $38,000. IFC & Insurance Marketing Inc. acquired a new stake in Alphabet in the 4th quarter valued at about $38,000. Finally, Bard Associates Inc. acquired a new stake in Alphabet in the 4th quarter valued at about $52,000. 40.03% of the stock is currently owned by institutional investors and hedge funds.

Alphabet News Summary

Here are the key news stories impacting Alphabet this week:

• Positive Sentiment: Big earnings beat and strong cloud growth — Alphabet crushed Q1 EPS and revenue estimates, driven by a 63% jump at Google Cloud and accelerating ad/subscription trends, which is the primary reason the stock is up. Earnings Call Transcript
• Positive Sentiment: Analyst price-target lifts — Multiple firms raised targets and kept buy/neutral views (Needham to $450, Truist to $415, Rosenblatt to $393, Pivotal to $470), reinforcing upside expectations and supporting further share gains. Price Target Raises
• Positive Sentiment: Subscription and ad strength — 25M net paid subscriptions added and YouTube ad revenue growth bolster recurring revenue and monetization upside. Subscriptions Article
• Neutral Sentiment: Cloud capacity note — Google Cloud topped $20B revenue but management flagged capacity constraints; strong demand is positive, but capacity limits could cap near-term upside. Cloud Capacity
• Neutral Sentiment: Commercial partnerships & infra build — Deals like Stripe integration and local data-center power agreements support monetization and infrastructure scale. Stripe Deal Data Centers
• Neutral Sentiment: Pentagon/classified AI deal — Granting DoD API access opens a new government revenue channel but carries employee pushback and reputational risk; investors treat it as a mixed strategic win. Pentagon Deal
• Negative Sentiment: Regulatory and governance pressure — Shareholders are pressing for safeguards on cloud/AI usage and the EU is signaling tighter rules on cloud/AI, which could raise compliance costs and constrain some government/enterprise opportunities. Investor Safeguards EU Rules
• Negative Sentiment: Antitrust probe in Switzerland — A probe into alleged keyword-bidding pacts could lead to fines or business restrictions if broadened, adding headline risk for ad-dependent revenues. Switzerland Probe

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.