NASDAQ:GOOGAlphabet 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 shares have increased by 18.4% and is now trading at $1,439.22. 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 data on Tuesday, April, 28th. The information services provider reported $9.87 EPS for the quarter, missing analysts' consensus estimates of $11.27 by $1.40. The information services provider earned $41.16 billion during the quarter, compared to analyst estimates of $40.29 billion. Alphabet had a return on equity of 17.43% and a net margin of 20.71%. The company's revenue was up 13.3% on a year-over-year basis. During the same period in the prior year, the business earned $9.50 EPS. View Alphabet's earnings history.

Shares of Alphabet split on Thursday, April 3rd 2014. The 2-1 split was announced on Monday, February 10th 2014. The newly minted shares were issued 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 equities research analysts have issued twelve-month target prices for Alphabet's stock. Their forecasts range from $1,360.00 to $1,800.00. On average, they anticipate Alphabet's stock price to reach $1,584.75 in the next twelve months. This suggests a possible upside of 10.1% from the stock's current price. View analysts' price targets for Alphabet.

Media stories about GOOG stock have been trending very negative this week, InfoTrie Sentiment Analysis reports. InfoTrie identifies negative and positive news coverage by reviewing more than six thousand blog and news sources in real time. The firm ranks coverage of companies on a scale of negative five to positive five, with scores closest to five being the most favorable. Alphabet earned a news impact score of -3.5 on InfoTrie's scale. They also gave 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 company's share price in the near future. View the latest news aboutAlphabet.

Alphabet saw a decline in short interest in May. As of May 15th, there was short interest totaling 3,500,000 shares, a decline of 14.8% from the April 30th total of 4,110,000 shares. Based on an average trading volume of 2,380,000 shares, the short-interest ratio is presently 1.5 days. Currently, 1.2% of the shares of the stock 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), 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 number of institutional and retail investors. Top institutional investors 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 acquired 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 $1,439.22.

Alphabet has a market capitalization of $982.44 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.