NASDAQ:GOOGAlphabet Stock Price, Forecast & News

Alphabet's stock was trading at $1,215.41 on March 11th, 2020 when COVID-19 reached pandemic status according to the World Health Organization (WHO). Since then, GOOG shares have increased by 18.3% and is now trading at $1,438.39. View which stocks have been most impacted by Coronavirus.

28 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Alphabet in the last year. There are currently 1 hold rating, 26 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 Thursday, July 23rd 2020. View our earnings forecast for Alphabet.

Alphabet Inc (NASDAQ:GOOG) posted its quarterly earnings results on Tuesday, April, 28th. The information services provider reported $9.87 EPS for the quarter, missing the Thomson Reuters' consensus estimate of $11.27 by $1.40. The information services provider had revenue of $41.16 billion for the quarter, compared to analyst estimates of $40.29 billion. Alphabet had a net margin of 20.71% and a return on equity of 17.43%. The firm's revenue for the quarter was up 13.3% on a year-over-year basis. During the same quarter in the previous year, the company posted $9.50 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 created shares were payable to shareholders after the market closes 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.

28 analysts have issued 12-month price objectives for Alphabet's shares. Their forecasts range from $1,360.00 to $1,800.00. On average, they expect Alphabet's share price to reach $1,584.75 in the next year. This suggests a possible upside of 10.2% from the stock's current price. View analysts' price targets for Alphabet.

News coverage about GOOG stock has trended negative this week, according to InfoTrie. The research firm scores the sentiment of media coverage by analyzing more than six thousand news and blog sources in real-time. The firm ranks coverage of public companies on a scale of -5 to 5, with scores closest to five being the most favorable. Alphabet earned a news sentiment score of -2.7 on InfoTrie's scale. They also gave media coverage about the information services provider a news buzz of 10.0 out of 10, indicating that recent media coverage is extremely likely to have an effect on the stock's share price in the next several days. View the latest news aboutAlphabet.

Alphabet saw a decrease in short interest in the month of May. As of May 15th, there was short interest totaling 3,500,000 shares, a decrease of 14.8% from the April 30th total of 4,110,000 shares. Based on an average daily trading volume, of 2,380,000 shares, the short-interest ratio is presently 1.5 days. Approximately 1.2% of the company's shares are sold short. 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), CLEAR CHANNEL O/SH (CCO), National CineMedia (NCMI), MDC Partners (MDCA) and Harte Hanks (HHS). View all competitors.

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), JPMorgan Chase & Co. (JPM) and Boeing (BA).

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

Alphabet's stock is owned by a variety of retail and institutional investors. Top institutional shareholders include BlackRock Inc. (2.95%), State Street Corp (1.73%), Capital International Investors (0.67%), Geode Capital Management LLC (0.65%), JPMorgan Chase & Co. (0.54%) and Alliancebernstein L.P. (0.51%). Company insiders that own Alphabet stock include Amie Thuener O'toole, Ann Mather, Capitalg Lp, David C Drummond, 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 Magellan Asset Management Ltd, SG Americas Securities LLC, Janus Henderson Group PLC, Morgan Stanley, Capital World Investors, Capital Research Global Investors, Jennison Associates LLC, and Wellington Management Group LLP. 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 purchased by a variety of institutional investors in the last quarter, including Advisor Group Holdings Inc., Baupost Group LLC MA, BlackRock Inc., Capital International Investors, Sumitomo Mitsui Trust Holdings Inc., Invesco Ltd., Swiss National Bank, and Geode Capital Management 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 $1,438.39.

Alphabet has a market capitalization of $981.87 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.

The official website for Alphabet is 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.