NASDAQ:GOOG - Alphabet 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 stock has decreased by 4.3% and is now trading at $1,162.81. 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 quarterly earnings data on Monday, February, 3rd. The information services provider reported $15.35 earnings per share for the quarter, beating the Zacks' consensus estimate of $12.76 by $2.59. The information services provider had revenue of $46.08 billion for the quarter, compared to the consensus estimate of $46.87 billion. Alphabet had a return on equity of 18.66% and a net margin of 21.22%. The business's quarterly revenue was up 17.3% compared to the same quarter last year. During the same period last year, the company posted $10.95 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 distributed 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 1-year price objectives for Alphabet's stock. 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 year. This suggests a possible upside of 35.8% from the stock's current price. View analysts' price targets for Alphabet.

Media stories about GOOG stock have been trending somewhat positive recently, InfoTrie reports. The research firm rates the sentiment of news coverage by reviewing more than six thousand news and blog sources in real time. The firm ranks coverage of publicly-traded companies on a scale of -5 to 5, with scores nearest to five being the most favorable. Alphabet earned a media sentiment score of 1.4 on InfoTrie's scale. They also assigned media stories about the information services provider a news buzz of 10.0 out of 10, indicating that recent news coverage is extremely likely to have an effect on the company's share price in the next several days. View the latest news aboutAlphabet.

Alphabet saw a increase in short interest during 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 short-interest ratio is presently 1.5 days. Currently, 1.3% of the shares of the company 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).

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."

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 $1,162.81.

Alphabet has a market capitalization of $799.18 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.