NASDAQ:GOOG - Alphabet Stock Price, Forecast & News

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

Alphabet's stock split on Thursday, April 3rd 2014. The 2-1 split was announced on Monday, February 10th 2014. The newly created shares were distributed 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.

Alphabet announced that its board has initiated a share buyback plan on Friday, February 2nd 2018, which permits the company to repurchase $8,589,870,000.00 in outstanding shares, according to EventVestor. This repurchase authorization permits the company to purchase shares of its stock through open market purchases. Shares repurchase plans are generally an indication that the company's management believes its stock is undervalued.

Alphabet Inc (NASDAQ:GOOG) posted its quarterly earnings data on Monday, October, 28th. The information services provider reported $10.12 earnings per share (EPS) for the quarter, missing the Thomson Reuters' consensus estimate of $12.57 by $2.45. The information services provider earned $40.50 billion during the quarter, compared to the consensus estimate of $40.17 billion. Alphabet had a net margin of 21.04% and a return on equity of 18.34%. The business's revenue for the quarter was up 20.0% compared to the same quarter last year. During the same period last year, the business earned $13.06 EPS. View Alphabet's Earnings History.

Alphabet is scheduled to release their next quarterly earnings announcement on Monday, February 3rd 2020. View Earnings Estimates for Alphabet.

Alphabet will be holding an earnings conference call on Monday, February 3rd at 12:00 AM Eastern. Interested parties can register for or listen to the call using this link or dial in at Not Available.

23 analysts have issued 12 month price objectives for Alphabet's shares. Their forecasts range from $1,287.00 to $1,769.00. On average, they anticipate Alphabet's stock price to reach $1,529.44 in the next year. This suggests a possible upside of 4.8% from the stock's current price. View Analyst Price Targets for Alphabet.

23 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Alphabet in the last year. There are currently 1 hold rating and 22 buy ratings for the stock, resulting in a consensus recommendation of "Buy." View Analyst Ratings for Alphabet.

News headlines about GOOG stock have trended very positive this week, according to InfoTrie Sentiment. InfoTrie scores the sentiment of press coverage by analyzing more than six thousand blog and news sources in real-time. The firm ranks coverage of public companies on a scale of negative five to five, with scores nearest to five being the most favorable. Alphabet earned a news impact score of 3.3 on InfoTrie's scale. They also gave news headlines about the information services provider a news buzz of 2.0 out of 10, meaning that recent press coverage is very unlikely to have an effect on the company's share price in the immediate future. View News Stories for Alphabet.

Alphabet saw a drop in short interest during the month of December. As of December 31st, there was short interest totalling 3,230,000 shares, a drop of 6.9% from the December 15th total of 3,470,000 shares. Based on an average daily volume of 1,300,000 shares, the days-to-cover ratio is currently 2.5 days. Currently, 1.1% 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), Lamar Advertising (LAMR), Interpublic Group of Companies (IPG), CLEAR CHANNEL O/SH (CCO), National CineMedia (NCMI), 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), Walt Disney (DIS), Tesla (TSLA), Visa (V), Intel (INTC), Bank of America (BAC), Boeing (BA) and JPMorgan Chase & Co. (JPM).

Alphabet's stock is owned by a number of of institutional and retail investors. Top institutional shareholders include New York State Teachers Retirement System (0.07%), California Public Employees Retirement System (0.06%), Assenagon Asset Management S.A. (0.04%), Strs Ohio (0.03%), Factory Mutual Insurance Co. (0.03%) and Retirement Systems of Alabama (0.03%). 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 Commerzbank Aktiengesellschaft FI, Tocqueville Asset Management L.P., Marathon Asset Management LLP, Gateway Investment Advisers LLC, Strs Ohio, Ironvine Capital Partners LLC, Meag Munich Ergo Kapitalanlagegesellschaft MBH and New York State Teachers Retirement System. 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 for Alphabet.

GOOG stock was purchased by a variety of institutional investors in the last quarter, including Johanson Financial Advisors Inc., Assenagon Asset Management S.A., Artemis Investment Management LLP, OTA Financial Group L.P., Nippon Life Global Investors Americas Inc., DNB Asset Management AS, First American Bank and Dupont Capital Management Corp. View Insider Buying and Selling 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 $1,459.50.

Alphabet has a market capitalization of $1.01 trillion and generates $136.82 billion in revenue each year. The information services provider earns $30.74 billion in net income (profit) each year or $47.51 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.