NASDAQ:GOOGAlphabet Stock Price, Forecast & News

Alphabet's stock was trading at $1,215.41 on March 11th, 2020 when Coronavirus (COVID-19) reached pandemic status according to the World Health Organization. Since then, GOOG stock has decreased by 2.3% and is now trading at $1,186.92. View which stocks have been mosted 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 Monday, May 4th 2020. View our earnings forecast for Alphabet.

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

Shares of Alphabet split on the morning of Thursday, April 3rd 2014. The 2-1 split was announced on Monday, February 10th 2014. The newly created 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 brokers have issued twelve-month target prices for Alphabet's shares. Their forecasts range from $1,287.00 to $1,769.00. On average, they expect Alphabet's share price to reach $1,578.85 in the next twelve months. This suggests a possible upside of 33.0% from the stock's current price. View analysts' price targets for Alphabet.

News coverage about GOOG stock has trended very negative recently, InfoTrie Sentiment Analysis reports. The research group identifies positive and negative news coverage by monitoring more than six thousand blog and news sources in real time. The firm ranks coverage of 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 assigned news articles 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 days-to-cover ratio is currently 1.5 days. Currently, 1.3% of the shares of the company 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).

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 a number of institutional and retail investors. Top institutional shareholders include State of Alaska Department of Revenue (0.01%), Nexus Investment Management Inc. (0.00%), Callahan Advisors LLC (0.00%), Thomasville National Bank (0.00%), Neville Rodie & Shaw Inc. (0.00%) and Private Asset Management Inc. (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 Centre Asset Management LLC, Nexus Investment Management Inc., Callahan Advisors LLC, Neville Rodie & Shaw Inc., Chickasaw Capital Management LLC, Woodstock Corp, Fulton Bank N.A., and Nelson Van Denburg & Campbell Wealth Management Group LLC. 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 State of Alaska Department of Revenue, CLARET ASSET MANAGEMENT Corp, Chemung Canal Trust Co., Bath Savings Trust Co, IMS Capital Management, Private Asset Management Inc., Birch Capital Management LLC, and Thomasville National Bank. 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 $1,186.92.

Alphabet has a market capitalization of $815.75 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.