Rothschild & Co Redburn Issues Positive Forecast for Alphabet (NASDAQ:GOOGL) Stock Price

Key Points

• Rothschild & Co Redburn raised its price target on Alphabet to $430 (from $390) and kept a "buy" rating, implying about a 16.2% upside; several other brokers also lifted targets and the consensus price target is $385.27 (Moderate Buy).
• Alphabet posted a sizable Q1 beat — EPS $5.11 vs. $2.64 and revenue $109.9B vs. $106.6B — driven by a 63% jump in Google Cloud and ~25 million net paid subscriptions, which strengthened monetization outlooks.
• Insiders have sold more than 2.03 million shares (~$94M) in the past 90 days (including CEO Sundar Pichai), while the stock trades around $370 with a market cap of $4.48T and a P/E of 34.15.

Alphabet (NASDAQ:GOOGL - Get Free Report) had its price objective upped by analysts at Rothschild & Co Redburn from $390.00 to $430.00 in a research note issued to investors on Thursday,MarketScreener reports. The brokerage currently has a "buy" rating on the information services provider's stock. Rothschild & Co Redburn's price target would indicate a potential upside of 16.20% from the stock's current price.

A number of other brokerages have also issued reports on GOOGL. Loop Capital increased their target price on shares of Alphabet from $320.00 to $355.00 and gave the company a "buy" rating in a research report on Monday, February 23rd. 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 report on Thursday, February 5th. Dbs Bank raised their price objective on shares of Alphabet from $360.00 to $400.00 and gave the company a "buy" rating in a research note on Friday, April 17th. UBS Group set a $410.00 target price on Alphabet in a research report on Thursday. Finally, Raymond James Financial raised Alphabet from a "moderate buy" rating to a "strong-buy" rating in a research note on Thursday, January 22nd. Two equities research 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. Based on data from MarketBeat, the company currently has an average rating of "Moderate Buy" and a consensus price target of $385.27.

Alphabet Stock Performance

Shares of GOOGL stock opened at $370.05 on Thursday. The company's 50-day simple moving average is $312.08 and its 200-day simple moving average is $307.27. Alphabet has a one year low of $147.84 and a one year high of $377.04. The stock has a market capitalization of $4.48 trillion, a price-to-earnings ratio of 34.15, a PEG ratio of 2.17 and a beta of 1.12. The company has a debt-to-equity ratio of 0.11, a quick ratio of 2.01 and a current ratio of 2.01.

Alphabet (NASDAQ:GOOGL - Get Free Report) last posted its quarterly earnings results on Wednesday, April 29th. The information services provider reported $5.11 EPS for the quarter, beating the consensus estimate of $2.64 by $2.47. The business had revenue of $109.90 billion during the quarter, compared to analyst estimates of $106.59 billion. Alphabet had a net margin of 32.81% and a return on equity of 35.01%. Equities analysts anticipate that Alphabet will post 11.53 earnings per share for the current fiscal year.

Insider Transactions at Alphabet

In other Alphabet news, CAO Amie Thuener O'toole sold 955 shares of Alphabet stock in a transaction that occurred on Tuesday, March 3rd. The shares were sold at an average price of $298.00, for a total transaction of $284,590.00. Following the transaction, the chief accounting officer directly owned 9,918 shares in the company, valued at approximately $2,955,564. The trade was a 8.78% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is accessible through this hyperlink. Also, CEO Sundar Pichai sold 32,500 shares of the business's stock in a transaction on Wednesday, February 4th. The shares were sold at an average price of $335.18, for a total transaction of $10,893,350.00. Following the sale, the chief executive officer directly owned 2,179,372 shares in the company, valued at approximately $730,481,906.96. This trade represents a 1.47% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. In the last ninety days, insiders have sold 2,037,192 shares of company stock worth $94,182,217. 11.55% of the stock is currently owned by insiders.

Institutional Investors Weigh In On Alphabet

Hedge funds have recently bought and sold shares of the business. Symmetry Partners LLC boosted its holdings in shares of Alphabet by 0.4% during the fourth quarter. Symmetry Partners LLC now owns 7,912 shares of the information services provider's stock worth $2,476,000 after purchasing an additional 30 shares during the period. Private Wealth Management Group LLC grew its position in Alphabet by 1.2% during the first quarter. Private Wealth Management Group LLC now owns 2,540 shares of the information services provider's stock valued at $730,000 after purchasing an additional 30 shares in the last quarter. Members Trust Co increased its stake in Alphabet by 0.5% in the 4th quarter. Members Trust Co now owns 6,434 shares of the information services provider's stock valued at $2,014,000 after buying an additional 31 shares during the period. Altfest L J & Co. Inc. lifted its position in Alphabet by 0.4% in the 4th quarter. Altfest L J & Co. Inc. now owns 7,952 shares of the information services provider's stock worth $2,489,000 after buying an additional 31 shares in the last quarter. Finally, Corus Family Wealth Advisors lifted its position in Alphabet by 1.5% in the 1st quarter. Corus Family Wealth Advisors now owns 2,090 shares of the information services provider's stock worth $601,000 after buying an additional 31 shares in the last quarter. 40.03% of the stock is owned by hedge funds and other institutional investors.

Key Alphabet News

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

Alphabet Company Profile

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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