Alphabet (NASDAQ:GOOGL) Price Target Raised to $210.00

Alphabet (NASDAQ:GOOGL - Get Free Report) had its price objective lifted by research analysts at Roth Capital from $205.00 to $210.00 in a research report issued on Thursday,Benzinga reports. The brokerage presently has a "buy" rating on the information services provider's stock. Roth Capital's price target points to a potential upside of 8.71% from the company's previous close. Roth Capital also issued estimates for Alphabet's Q3 2025 earnings at $2.34 EPS, Q4 2025 earnings at $2.42 EPS, FY2025 earnings at $9.89 EPS, Q1 2026 earnings at $2.36 EPS, Q2 2026 earnings at $2.51 EPS, Q3 2026 earnings at $2.65 EPS, Q4 2026 earnings at $3.01 EPS and FY2026 earnings at $10.52 EPS.

Several other analysts have also issued reports on the stock. Westpark Capital upped their target price on shares of Alphabet from $210.00 to $220.00 and gave the stock a "buy" rating in a research note on Thursday. BMO Capital Markets upped their target price on shares of Alphabet from $208.00 to $225.00 and gave the stock an "outperform" rating in a research note on Thursday. Needham & Company LLC upped their target price on shares of Alphabet from $210.00 to $220.00 and gave the stock a "buy" rating in a research note on Thursday. BNP Paribas Exane reiterated a "neutral" rating and issued a $172.00 target price on shares of Alphabet in a research note on Friday, June 27th. Finally, Royal Bank Of Canada reiterated an "outperform" rating and issued a $200.00 target price on shares of Alphabet in a research note on Wednesday, April 23rd. Ten investment analysts have rated the stock with a hold rating, twenty-nine have issued a buy rating and four have issued a strong buy rating to the company. According to MarketBeat, Alphabet has a consensus rating of "Moderate Buy" and a consensus target price of $211.32.

Alphabet Stock Up 0.5%

GOOGL traded up $1.01 during trading on Thursday, hitting $193.18. 39,738,342 shares of the company's stock were exchanged, compared to its average volume of 41,427,228. The company has a quick ratio of 1.77, a current ratio of 1.90 and a debt-to-equity ratio of 0.07. The business's 50 day moving average is $175.77 and its two-hundred day moving average is $172.93. Alphabet has a fifty-two week low of $140.53 and a fifty-two week high of $207.05. The stock has a market cap of $2.34 trillion, a P/E ratio of 20.57, a PEG ratio of 1.33 and a beta of 1.00.

Alphabet (NASDAQ:GOOGL - Get Free Report) last posted its earnings results on Thursday, April 24th. The information services provider reported $2.81 earnings per share (EPS) for the quarter, topping the consensus estimate of $2.02 by $0.79. Alphabet had a net margin of 31.12% and a return on equity of 34.31%. The firm had revenue of $76.49 billion during the quarter, compared to analyst estimates of $89.30 billion. During the same quarter in the prior year, the business posted $1.89 EPS. As a group, equities analysts expect that Alphabet will post 8.9 earnings per share for the current fiscal year.

Insider Activity at Alphabet

In other Alphabet news, CEO Sundar Pichai sold 32,500 shares of the company's stock in a transaction that occurred on Wednesday, July 2nd. The stock was sold at an average price of $178.52, for a total value of $5,801,900.00. Following the completion of the transaction, the chief executive officer directly owned 2,559,892 shares in the company, valued at $456,991,919.84. This represents a 1.25% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available through the SEC website. Also, Director Kavitark Ram Shriram sold 18,566 shares of the company's stock in a transaction that occurred on Friday, July 18th. The stock was sold at an average price of $185.76, for a total value of $3,448,820.16. Following the completion of the transaction, the director owned 243,400 shares of the company's stock, valued at $45,213,984. The trade was a 7.09% decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders sold a total of 249,409 shares of company stock valued at $43,523,710 over the last 90 days. 11.64% of the stock is currently owned by corporate insiders.

Institutional Trading of Alphabet

Several hedge funds have recently modified their holdings of GOOGL. Norges Bank purchased a new stake in shares of Alphabet during the 4th quarter worth approximately $24,383,677,000. Nuveen LLC purchased a new stake in Alphabet during the 1st quarter valued at $4,317,606,000. FMR LLC raised its holdings in Alphabet by 9.8% during the 4th quarter. FMR LLC now owns 248,416,916 shares of the information services provider's stock valued at $47,025,322,000 after buying an additional 22,100,902 shares during the period. GAMMA Investing LLC raised its holdings in Alphabet by 16,993.2% during the 1st quarter. GAMMA Investing LLC now owns 16,062,457 shares of the information services provider's stock valued at $2,483,898,000 after buying an additional 15,968,487 shares during the period. Finally, Vanguard Group Inc. raised its holdings in Alphabet by 2.9% during the 1st quarter. Vanguard Group Inc. now owns 509,826,331 shares of the information services provider's stock valued at $78,839,544,000 after buying an additional 14,307,345 shares during the period. 40.03% of the stock is owned by hedge funds and other institutional investors.

Alphabet Company Profile

Alphabet Inc offers various products and platforms in the United States, Europe, the Middle East, Africa, the Asia-Pacific, Canada, and Latin America. It operates through Google Services, Google Cloud, and Other Bets segments. The Google Services segment provides products and services, including ads, Android, Chrome, devices, Gmail, Google Drive, Google Maps, Google Photos, Google Play, Search, and YouTube.