NASDAQ:GOOGAlphabet Stock Price, Forecast & News

Alphabet's stock was trading at $1,215.41 on March 11th, 2020 when COVID-19 (Coronavirus) reached pandemic status according to the World Health Organization (WHO). Since then, GOOG shares have increased by 18.3% and is now trading at $1,438.04. 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) released its quarterly earnings results on Tuesday, April, 28th. The information services provider reported $9.87 earnings per share for the quarter, missing the Zacks' 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 return on equity of 17.43% and a net margin of 20.71%. The business'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 earnings per share. View Alphabet's earnings history.

Alphabet shares split on the morning of Thursday, April 3rd 2014. The 2-1 split was announced on Monday, February 10th 2014. The newly issued 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 brokerages have issued twelve-month price objectives for Alphabet's shares. Their forecasts range from $1,360.00 to $1,800.00. On average, they expect Alphabet's stock 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.

Media stories about GOOG stock have been trending very negative this week, InfoTrie Sentiment Analysis reports. The research group identifies negative and positive 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 nearest to five being the most favorable. Alphabet earned a news sentiment score of -3.3 on InfoTrie's scale. They also gave press coverage about the information services provider a news buzz of 0.0 out of 10, indicating that recent news coverage is extremely unlikely to have an impact on the stock's share price in the next few days. View the latest news about Alphabet.

Some companies that are related to Alphabet include Omnicom Group (OMC), Lamar Advertising (LAMR), Interpublic Group of Companies (IPG), 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 Confluence Investment Management LLC (0.00%), Thomasville National Bank (0.00%), M&R Capital Management Inc. (0.00%), Modus Advisors LLC (0.00%), Smithbridge Asset Management Inc. DE (0.00%) and Park National Corp OH (0.00%). 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 Confluence Investment Management LLC, Thomasville National Bank, M&R Capital Management Inc., and Park National Corp OH. 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 Smithbridge Asset Management Inc. DE, and Modus Advisors 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 $1,438.04.

Alphabet has a market capitalization of $981.63 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.