New Street Research Forecasts Strong Price Appreciation for Alphabet (NASDAQ:GOOGL) Stock

Key Points

• New Street Research raised its price target on Alphabet to $380 (from $330) and reiterated a "buy," implying about a 19.5% upside$361.64 and a "Moderate Buy" rating.
• Alphabet beat Q4 estimates with $2.82 EPS vs. $2.57 expected and revenue of $113.83B, while Google Cloud shows strong AI‑driven growth (Cloud revenue +48% YoY; operating income ~$5.3B), supporting the bullish case.
• The company is raising >$30B in debt (including ultra‑long maturities) to finance AI capex, and insiders have been net sellers (CEO Sundar Pichai sold 32,500 shares; ~2.07M shares worth ~$105M sold in the last 90 days), highlighting capital‑allocation and governance considerations.

Alphabet (NASDAQ:GOOGL - Get Free Report) had its price objective hoisted by equities research analysts at New Street Research from $330.00 to $380.00 in a report released on Tuesday,MarketScreener reports. The firm presently has a "buy" rating on the information services provider's stock. New Street Research's target price would indicate a potential upside of 19.51% from the stock's current price.

Several other equities research analysts have also commented on the stock. Roth Mkm increased their price objective on shares of Alphabet from $365.00 to $395.00 and gave the company a "buy" rating in a research note on Thursday, February 5th. Robert W. Baird increased their price target on Alphabet from $310.00 to $350.00 and gave the company an "outperform" rating in a research report on Tuesday, January 20th. HSBC lifted their price target on Alphabet from $335.00 to $370.00 and gave the stock a "buy" rating in a report on Tuesday, December 2nd. Weiss Ratings reaffirmed a "buy (b)" rating on shares of Alphabet in a research report on Wednesday, January 21st. Finally, Piper Sandler reiterated an "overweight" rating and set a $395.00 target price (up from $365.00) on shares of Alphabet in a research note on Thursday, February 5th. Three research analysts have rated the stock with a Strong Buy rating, forty-four have given a Buy rating and five have given a Hold rating to the stock. According to MarketBeat, the stock currently has a consensus rating of "Moderate Buy" and a consensus target price of $361.64.

Alphabet Trading Down 0.2%

NASDAQ GOOGL opened at $317.97 on Tuesday. The company has a current ratio of 2.01, a quick ratio of 2.01 and a debt-to-equity ratio of 0.11. The business has a fifty day simple moving average of $321.85 and a 200 day simple moving average of $273.11. Alphabet has a 12 month low of $140.53 and a 12 month high of $349.00. The firm has a market capitalization of $3.84 trillion, a P/E ratio of 29.39, a PEG ratio of 1.78 and a beta of 1.09.

Alphabet (NASDAQ:GOOGL - Get Free Report) last posted its earnings results on Wednesday, February 4th. The information services provider reported $2.82 earnings per share (EPS) for the quarter, topping the consensus estimate of $2.57 by $0.25. The firm had revenue of $113.83 billion during the quarter, compared to analyst estimates of $111.24 billion. Alphabet had a net margin of 32.81% and a return on equity of 35.01%. On average, analysts predict that Alphabet will post 8.9 EPS for the current fiscal year.

Insider Buying and Selling

In other news, CEO Sundar Pichai sold 32,500 shares of the stock in a transaction dated Wednesday, December 3rd. The shares were sold at an average price of $319.50, for a total value of $10,383,750.00. Following the sale, the chief executive officer directly owned 2,272,119 shares of the company's stock, valued at approximately $725,942,020.50. This represents a 1.41% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which can be accessed through the SEC website. Also, major shareholder 2017 Gp L.L.C. Gv sold 1,845,308 shares of the business's stock in a transaction that occurred on Friday, January 30th. The shares were sold at an average price of $19.00, for a total transaction of $35,060,852.00. The SEC filing for this sale provides additional information. Insiders have sold a total of 2,067,686 shares of company stock valued at $105,352,291 in the last ninety days. 11.55% of the stock is owned by company insiders.

Institutional Investors Weigh In On Alphabet

Several large investors have recently added to or reduced their stakes in the business. Brighton Jones LLC increased its stake in 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 raised its holdings in Alphabet by 3.5% in the 4th quarter. Revolve Wealth Partners LLC now owns 14,930 shares of the information services provider's stock worth $2,826,000 after purchasing an additional 506 shares during the period. Chung Wu Investment Group LLC purchased a new position in shares of Alphabet during the 2nd quarter valued at about $102,000. Cullinan Associates Inc. lifted its stake in shares of Alphabet by 3.1% during the 2nd quarter. Cullinan Associates Inc. now owns 132,690 shares of the information services provider's stock valued at $23,384,000 after buying an additional 3,973 shares in the last quarter. Finally, PUREfi Wealth LLC grew its position in shares of Alphabet by 21.6% during the second quarter. PUREfi Wealth LLC now owns 4,269 shares of the information services provider's stock worth $752,000 after purchasing an additional 757 shares in the last quarter. Institutional investors own 40.03% of the company's stock.

Trending Headlines about Alphabet

Here are the key news stories impacting Alphabet this week:

• Positive Sentiment: EU antitrust authorities unconditionally approved Google’s $32 billion acquisition of cybersecurity firm Wiz, removing a major regulatory overhang on one of Alphabet’s biggest deals. Google secures EU antitrust approval for $32 billion Wiz acquisition
• Positive Sentiment: Analysts raised price targets (e.g., Daiwa to $380, President Capital to $375) citing Alphabet’s AI/cloud momentum, which supports upside expectations. Daiwa raises price target on Alphabet
• Positive Sentiment: JPMorgan reiterated a Buy on Alphabet, reinforcing institutional support amid the AI investment narrative. JPMorgan Chase & Co. Reiterates Buy Rating for Alphabet
• Positive Sentiment: Waymo announced fully autonomous operations in Nashville, signaling progress in commercializing autonomous-vehicle investments and potential long-term revenue streams. Waymo goes fully autonomous in Nashville
• Positive Sentiment: Humanoid-robotics startup Apptronik raised $520M with backing from Google and Mercedes-Benz — Google’s participation highlights continued corporate investment in robotics and AI adjacencies. Humanoid startup Apptronik raises $520 million with backing Google and Mercedes-Benz
• Positive Sentiment: Google Cloud is showing strong AI-driven revenue and operating income gains (Cloud revenue +48% YoY; operating income ~$5.3B), supporting the thesis that cloud/AI demand is translating to profits. Google Cloud Is Turning AI Demand Into Profits
• Neutral Sentiment: Alphabet's large bond sales (raising >$30B and including ultra‑long maturities up to 100 years) are financing AI infrastructure buildout — this secures funding but increases long-duration liabilities and investor focus on capital allocation. Alphabet set to raise over $30 billion in global debt sale
• Neutral Sentiment: Wedbush highlights a multi‑hundred‑billion AI capex cycle ($650B in 2026), underscoring structural tailwinds for hyperscalers like Alphabet but also signaling near-term margin pressure from heavy capex. Microsoft and Google face $650bn AI spending test
• Neutral Sentiment: Reported short-interest data is effectively negligible/unchanged, offering little near-term technical pressure or signal. (Data release noted 0 shares.)
• Negative Sentiment: The European Publishers Council filed an EU complaint about Google’s AI Overviews, adding regulatory/legal risk around content and ad models. European Publishers Council files EU antitrust complaint
• Negative Sentiment: A report says Google provided a student-journalist’s personal and financial data to ICE in response to a subpoena, raising privacy and reputational/legal concerns. Google sent personal and financial information of student journalist to ICE
• Negative Sentiment: Autodesk sued Google alleging trademark infringement over AI video tools; this adds litigation risk as Alphabet expands AI product offerings. Google sued by Autodesk over AI-powered movie-making software
• Negative Sentiment: Prominent investor Michael Burry criticized Alphabet’s issuance of century‑long debt, framing it as a signal of overreach — a high‑profile bearish narrative that can amplify skepticism. Michael Burry issues dire forecast for Google stock

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.

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