NASDAQ:GOOG - Alphabet Stock Price, Forecast & News

Alphabet's stock was trading at $1,215.41 on March 11th, 2020 when Coronavirus reached pandemic status according to the World Health Organization (WHO). Since then, GOOG stock has decreased by 8.6% and is now trading at $1,110.71. View which stocks have been mosted impacted by Coronavirus.

27 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Alphabet in the last year. There are currently 1 hold rating, 25 buy ratings and 1 strong buy rating for the stock, resulting in a consensus recommendation of "Buy." View analyst ratings for Alphabet.

Alphabet is scheduled to release its next quarterly earnings announcement on Monday, May 4th 2020. View our earnings forecast for Alphabet.

Alphabet Inc (NASDAQ:GOOG) posted its quarterly earnings results on Monday, February, 3rd. The information services provider reported $15.35 earnings per share (EPS) for the quarter, topping analysts' consensus estimates of $12.76 by $2.59. The information services provider earned $46.08 billion during the quarter, compared to the consensus estimate of $46.87 billion. Alphabet had a net margin of 21.22% and a return on equity of 18.66%. The company's revenue was up 17.3% on a year-over-year basis. During the same quarter in the previous year, the firm earned $10.95 EPS. View Alphabet's earnings history.

Alphabet shares split on Thursday, April 3rd 2014. The 2-1 split was announced on Monday, February 10th 2014. The newly issued shares were issued to shareholders after the closing bell on Wednesday, April 2nd 2014. An investor that had 100 shares of Alphabet stock prior to the split would have 200 shares after the split.

27 equities research analysts have issued 1 year price targets for Alphabet's shares. Their forecasts range from $1,287.00 to $1,769.00. On average, they expect Alphabet's stock price to reach $1,586.10 in the next year. This suggests a possible upside of 42.8% from the stock's current price. View analysts' price targets for Alphabet.

Headlines about GOOG stock have been trending extremely negative recently, according to InfoTrie. The research firm identifies positive and negative news coverage by reviewing more than six thousand blog and news sources. The firm ranks coverage of publicly-traded companies on a scale of negative five to five, with scores closest to five being the most favorable. Alphabet earned a daily sentiment score of -4.0 on InfoTrie's scale. They also assigned media stories about the information services provider a news buzz of 0.0 out of 10, meaning that recent news coverage is extremely unlikely to have an impact on the stock's share price in the near term. View the latest news aboutAlphabet.

Alphabet saw a increase in short interest in the month of March. As of March 13th, there was short interest totaling 3,751,000 shares, an increase of 15.8% from the February 27th total of 3,240,000 shares. Based on an average daily trading volume, of 2,472,700 shares, the short-interest ratio is presently 1.5 days. Currently, 1.3% of the company's shares are short sold. View Alphabet's Current Options Chain.

Some companies that are related to Alphabet include Omnicom Group (OMC), Interpublic Group of Companies (IPG), Lamar Advertising (LAMR), National CineMedia (NCMI), CLEAR CHANNEL O/SH (CCO), MDC Partners (MDCA) and Harte Hanks (HHS).

Based on aggregate information from My MarketBeat watchlists, some companies that other Alphabet investors own include Netflix (NFLX), Alibaba Group (BABA), NVIDIA (NVDA), Tesla (TSLA), Walt Disney (DIS), Visa (V), Intel (INTC), Bank of America (BAC), Boeing (BA) and JPMorgan Chase & Co. (JPM).

Alphabet trades on the NASDAQ under the ticker symbol "GOOG."

Alphabet's stock is owned by many different retail and institutional investors. Top institutional investors include State Street Corp (1.70%), FMR LLC (1.29%), Capital International Investors (0.63%), Geode Capital Management LLC (0.62%), Alliancebernstein L.P. (0.53%) and Bank of New York Mellon Corp (0.48%). Company insiders that own Alphabet stock include Amie Thuener O'toole, Ann Mather, Capitalg Lp, David C Drummond, James Grier Campbell, John L Hennessy, L John Doerr and Sundar Pichai. View institutional ownership trends for Alphabet.

GOOG stock was sold by a variety of institutional investors in the last quarter, including Capital World Investors, Sands Capital Management LLC, Capital Research Global Investors, Commerzbank Aktiengesellschaft FI, USS Investment Management Ltd, Bank of New York Mellon Corp, Los Angeles Capital Management & Equity Research Inc., and Prudential Financial Inc.. Company insiders that have sold Alphabet company stock in the last year include Amie Thuener O'toole, Ann Mather, Capitalg Lp, David C Drummond, and John L Hennessy. View insider buying and selling activity for Alphabet.

GOOG stock was bought by a variety of institutional investors in the last quarter, including Norges Bank, Baillie Gifford & Co., Amundi Pioneer Asset Management Inc., Johanson Financial Advisors Inc., Sanders Capital LLC, Assenagon Asset Management S.A., Ladenburg Thalmann Financial Services Inc., and Renaissance Technologies LLC. View insider buying and selling activity for Alphabet.

Shares of GOOG can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.

One share of GOOG stock can currently be purchased for approximately $1,110.71.

Alphabet has a market capitalization of $763.37 billion and generates $161.86 billion in revenue each year. The information services provider earns $34.34 billion in net income (profit) each year or $51.56 on an earnings per share basis. Alphabet employs 98,771 workers across the globe. View additional information about Alphabet.

The official website for Alphabet is http://www.google.com/.

Alphabet's mailing address is 1600 AMPHITHEATRE PARKWAY, MOUNTAIN VIEW CA, 94043. The information services provider can be reached via phone at 650-253-0000.