S&P 500   4,280.15
DOW   33,761.05
QQQ   330.39
2 Important Retail Stock Battles to Watch
The Day of Financial Reckoning Is Near (Ad)
Pipeline break spills 45,000 gallons of diesel in Wyoming
Sinema took Wall Street money while killing tax on investors
MarketBeat: Week in Review 8/8 - 8/12
The Day of Financial Reckoning Is Near (Ad)
Expanded IRS free-file system one step closer in Dems' bill
In Biden's big bill: Climate, health care, deficit reduction
Climate bill: Could coal communities shift to nuclear?
The Safest Option in Trades! (Ad)pixel
S&P 500   4,280.15
DOW   33,761.05
QQQ   330.39
2 Important Retail Stock Battles to Watch
The Day of Financial Reckoning Is Near (Ad)
Pipeline break spills 45,000 gallons of diesel in Wyoming
Sinema took Wall Street money while killing tax on investors
MarketBeat: Week in Review 8/8 - 8/12
The Day of Financial Reckoning Is Near (Ad)
Expanded IRS free-file system one step closer in Dems' bill
In Biden's big bill: Climate, health care, deficit reduction
Climate bill: Could coal communities shift to nuclear?
The Safest Option in Trades! (Ad)pixel
S&P 500   4,280.15
DOW   33,761.05
QQQ   330.39
2 Important Retail Stock Battles to Watch
The Day of Financial Reckoning Is Near (Ad)
Pipeline break spills 45,000 gallons of diesel in Wyoming
Sinema took Wall Street money while killing tax on investors
MarketBeat: Week in Review 8/8 - 8/12
The Day of Financial Reckoning Is Near (Ad)
Expanded IRS free-file system one step closer in Dems' bill
In Biden's big bill: Climate, health care, deficit reduction
Climate bill: Could coal communities shift to nuclear?
The Safest Option in Trades! (Ad)pixel
S&P 500   4,280.15
DOW   33,761.05
QQQ   330.39
2 Important Retail Stock Battles to Watch
The Day of Financial Reckoning Is Near (Ad)
Pipeline break spills 45,000 gallons of diesel in Wyoming
Sinema took Wall Street money while killing tax on investors
MarketBeat: Week in Review 8/8 - 8/12
The Day of Financial Reckoning Is Near (Ad)
Expanded IRS free-file system one step closer in Dems' bill
In Biden's big bill: Climate, health care, deficit reduction
Climate bill: Could coal communities shift to nuclear?
The Safest Option in Trades! (Ad)pixel

Alphabet - GOOG Stock Forecast, Price & News

$122.65
+2.83 (+2.36%)
(As of 08/12/2022 12:00 AM ET)
Add
Compare
Today's Range
$120.40
$122.65
50-Day Range
$105.44
$2,255.34
52-Week Range
$102.21
$152.10
Volume
16.12 million shs
Average Volume
26.27 million shs
Market Capitalization
$1.62 trillion
P/E Ratio
22.82
Dividend Yield
N/A
Price Target
$158.40

Alphabet MarketRank™ Forecast

Analyst Rating
Moderate Buy
2.95 Rating Score
Upside/​Downside
29.1% Upside
$158.40 Price Target
Short Interest
Healthy
0.26% of Shares Sold Short
Dividend Strength
N/A
Sustainability
-0.69
Upright™ Environmental Score
News Sentiment
0.33mentions of Alphabet in the last 14 days
Based on 29 Articles This Week
Insider Trading
Selling Shares
$15.75 M Sold Last Quarter
Proj. Earnings Growth
11.88%
From $5.22 to $5.84 Per Share

Overall MarketRank

MarketRank is calculated as an average of available category scores, with extra weight given to analysis and valuation.

2.98 out of 5 stars

Computer And Technology Sector

43rd out of 659 stocks

Computer Programming, Data Processing, & Other Computer Related Industry

4th out of 66 stocks

GOOG stock logo

About Alphabet (NASDAQ:GOOG) Stock

Alphabet Inc. provides various products and platforms in the United States, Europe, the Middle East, Africa, the Asia-Pacific, Canada, and Latin America. It operates through Google Services, Google Cloud, and Other Bets segments. The Google Services segment offers products and services, including ads, Android, Chrome, hardware, Gmail, Google Drive, Google Maps, Google Photos, Google Play, Search, and YouTube. It is also involved in the sale of apps and in-app purchases and digital content in the Google Play store; and Fitbit wearable devices, Google Nest home products, Pixel phones, and other devices, as well as in the provision of YouTube non-advertising services. The Google Cloud segment offers infrastructure, platform, and other services; Google Workspace that include cloud-based collaboration tools for enterprises, such as Gmail, Docs, Drive, Calendar, and Meet; and other services for enterprise customers. The Other Bets segment sells health technology and internet services. The company was founded in 1998 and is headquartered in Mountain View, California.

Analyst Ratings Changes

Several research analysts have commented on the stock. MKM Partners decreased their target price on shares of Alphabet from $165.00 to $140.00 and set a "buy" rating for the company in a research report on Monday, July 18th. Cowen cut their target price on Alphabet from $300.00 to $150.00 in a research note on Monday, July 25th. Credit Suisse Group set a $143.00 price target on Alphabet in a research note on Tuesday, July 19th. Susquehanna Bancshares lowered their price target on Alphabet from $187.00 to $150.00 in a report on Wednesday, July 27th. Finally, Evercore ISI reduced their price objective on shares of Alphabet from $165.00 to $155.50 and set an "outperform" rating for the company in a report on Thursday, July 7th. One equities research analyst has rated the stock with a hold rating and nineteen have assigned a buy rating to the company's stock. Based on data from MarketBeat.com, the company presently has a consensus rating of "Moderate Buy" and an average target price of $158.40.

Alphabet Trading Up 2.4 %

GOOG traded up $2.83 during trading on Friday, reaching $122.65. The company had a trading volume of 16,121,087 shares, compared to its average volume of 26,265,448. The company has a debt-to-equity ratio of 0.06, a quick ratio of 2.78 and a current ratio of 2.81. Alphabet has a 12-month low of $102.21 and a 12-month high of $152.10. The company has a market cap of $1.62 trillion, a price-to-earnings ratio of 22.82, a PEG ratio of 1.94 and a beta of 1.07. The firm's 50-day simple moving average is $156.70 and its 200 day simple moving average is $138.06.

Alphabet (NASDAQ:GOOG - Get Rating) last released its quarterly earnings results on Tuesday, July 26th. The information services provider reported $1.21 earnings per share (EPS) for the quarter, missing analysts' consensus estimates of $26.24 by ($25.03). Alphabet had a net margin of 25.89% and a return on equity of 28.65%. During the same quarter last year, the business posted $27.26 EPS. Equities research analysts anticipate that Alphabet will post 5.22 earnings per share for the current year.

Insiders Place Their Bets

In other news, SVP Prabhakar Raghavan sold 1,109 shares of the stock in a transaction on Friday, July 1st. The stock was sold at an average price of $2,166.74, for a total value of $2,402,914.66. Following the completion of the sale, the senior vice president now owns 1,608 shares in the company, valued at $3,484,117.92. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through the SEC website. In related news, SVP Prabhakar Raghavan sold 1,109 shares of the stock in a transaction dated Friday, July 1st. The stock was sold at an average price of $2,166.74, for a total value of $2,402,914.66. Following the completion of the sale, the senior vice president now directly owns 1,608 shares of the company's stock, valued at approximately $3,484,117.92. The sale was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. Also, CAO Amie Thuener O'toole sold 42 shares of Alphabet stock in a transaction dated Wednesday, June 1st. The shares were sold at an average price of $2,298.63, for a total value of $96,542.46. Following the transaction, the chief accounting officer now directly owns 1,181 shares in the company, valued at approximately $2,714,682.03. The disclosure for this sale can be found here. In the last three months, insiders have sold 42,852 shares of company stock worth $15,750,955. Corporate insiders own 12.99% of the company's stock.

Receive GOOG Stock News and Ratings via Email

Sign-up to receive the latest news and ratings for Alphabet and its competitors with MarketBeat's FREE daily newsletter.

GOOG Stock News Headlines

Google faces $43 million antitrust fine in Australia
Alphabet Inc. (NASDAQ:GOOG) Director Sells $60,000.00 in Stock
Alphabet Inc. (NASDAQ:GOOG) CAO Sells $96,837.51 in Stock
See More Headlines
Receive GOOG Stock News and Ratings via Email

Sign-up to receive the latest news and ratings for Alphabet and its competitors with MarketBeat's FREE daily newsletter.

GOOG Company Calendar

Last Earnings
7/26/2022
Today
8/13/2022
Next Earnings (Estimated)
10/25/2022
Fiscal Year End
12/31/2022

Industry, Sector and Symbol

Industry
Computer programming, data processing, & other computer related
Sub-Industry
Advertising
Current Symbol
NASDAQ:GOOG
Employees
156,500
Year Founded
2015

Price Target and Rating

Average Stock Price Forecast
$158.40
High Stock Price Forecast
$196.25
Low Stock Price Forecast
$130.00
Forecasted Upside/Downside
+29.1%
Consensus Rating
Moderate Buy
Rating Score (0-4)
2.95
Research Coverage
20 Analysts

Profitability

Net Income
$76.03 billion
Pretax Margin
30.71%

Debt

Sales & Book Value

Annual Sales
$257.64 billion
Cash Flow
$6.85 per share
Book Value
$19.39 per share

Miscellaneous

Outstanding Shares
13,170,000,000
Free Float
11,459,215,000
Market Cap
$1.62 trillion
Optionable
Optionable
Beta
1.07

Social Links















GOOG Stock - Frequently Asked Questions

Should I buy or sell Alphabet stock right now?

20 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Alphabet in the last twelve months. There are currently 1 hold rating and 19 buy ratings for the stock. The consensus among Wall Street analysts is that investors should "buy" GOOG shares.
View GOOG analyst ratings
or view top-rated stocks.

What is Alphabet's stock price forecast for 2022?

20 brokerages have issued 12-month price targets for Alphabet's stock. Their GOOG share price forecasts range from $130.00 to $196.25. On average, they predict the company's share price to reach $158.40 in the next year. This suggests a possible upside of 29.1% from the stock's current price.
View analysts price targets for GOOG
or view top-rated stocks among Wall Street analysts.

How have GOOG shares performed in 2022?

Alphabet's stock was trading at $144.6795 at the beginning of the year. Since then, GOOG stock has decreased by 15.2% and is now trading at $122.65.
View the best growth stocks for 2022 here
.

When is Alphabet's next earnings date?

The company is scheduled to release its next quarterly earnings announcement on Tuesday, October 25th 2022.
View our GOOG earnings forecast
.

How were Alphabet's earnings last quarter?

Alphabet Inc. (NASDAQ:GOOG) released its earnings results on Tuesday, July, 26th. The information services provider reported $1.21 earnings per share (EPS) for the quarter, missing the consensus estimate of $26.24 by $25.03. Alphabet had a net margin of 25.89% and a trailing twelve-month return on equity of 28.65%. During the same quarter in the prior year, the business posted $27.26 earnings per share.
Read the conference call transcript
.

When did Alphabet's stock split?

Shares of Alphabet split on the morning of Monday, July 18th 2022. The 20-1 split was announced on Tuesday, February 1st 2022. The newly created shares were issued to shareholders after the closing bell on Friday, July 15th 2022. An investor that had 100 shares of stock prior to the split would have 2,000 shares after the split.

What is Sundar Pichai's approval rating as Alphabet's CEO?

4,614 employees have rated Alphabet Chief Executive Officer Sundar Pichai on Glassdoor.com. Sundar Pichai has an approval rating of 94% among the company's employees. This puts Sundar Pichai in the top 30% of approval ratings compared to other CEOs of publicly-traded companies.

What other stocks do shareholders of Alphabet own?

Based on aggregate information from My MarketBeat watchlists, some companies that other Alphabet investors own include Netflix (NFLX), NVIDIA (NVDA), Tesla (TSLA), Alibaba Group (BABA), Walt Disney (DIS), Visa (V), Intel (INTC), JPMorgan Chase & Co. (JPM), Salesforce (CRM) and Mastercard (MA).

What is Alphabet's stock symbol?

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

Who are Alphabet's major shareholders?

Alphabet's stock is owned by many different institutional and retail investors. Top institutional investors include FMR LLC (0.05%), JPMorgan Chase & Co. (0.03%), Northern Trust Corp (0.02%), Dodge & Cox (0.02%), Group One Trading L.P. (0.00%) and Jennison Associates LLC (0.01%). Insiders that own company stock include 2016 Gp LLC Gv, 2021 Gp LLC Gv, Aaron Boynton, Amie Thuener O'toole, Ann Mather, Brin Sergey, Capitalg 2014 Lp, Capitalg Lp, David C Drummond, Frances Arnold, John Kent Walker, John Kent Walker, John L Hennessy, John L Hennessy, Kavitark Ram Shriram, Lawrence Page, Philipp Schindler, Prabhakar Raghavan, Sergey Brin and Sundar Pichai.
View institutional ownership trends
.

How do I buy shares of Alphabet?

Shares of GOOG stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.
Compare Top Brokerages Here.

What is Alphabet's stock price today?

One share of GOOG stock can currently be purchased for approximately $122.65.

How much money does Alphabet make?

Alphabet (NASDAQ:GOOG) has a market capitalization of $1.62 trillion and generates $257.64 billion in revenue each year. The information services provider earns $76.03 billion in net income (profit) each year or $5.3750 on an earnings per share basis.

How many employees does Alphabet have?

The company employs 156,500 workers across the globe.

When was Alphabet founded?

Alphabet was founded in 2015.

How can I contact Alphabet?

Alphabet's mailing address is 1600 AMPHITHEATRE PARKWAY, MOUNTAIN VIEW CA, 94043. The official website for the company is www.google.com. The information services provider can be reached via phone at (650) 253-0000 or via fax at 650-253-0001.

This page (NASDAQ:GOOG) was last updated on 8/13/2022 by MarketBeat.com Staff

MarketBeat Resources

Premium Research Tools

MarketBeat All Access subscribers can access stock screeners, the Idea Engine, data export tools, research reports, and other premium tools.

Discover All Access

Market Data and Calendars

Looking for new stock ideas? Want to see which stocks are moving? View our full suite of financial calendars and market data tables, all for free.

View Market Data

Investing Education and Resources

Receive a free world-class investing education from MarketBeat. Learn about financial terms, types of investments, trading strategies and more.

Financial Terms
Details Here
MarketBeat - Stock Market News and Research Tools logo

MarketBeat empowers individual investors to make better trading decisions by providing real-time financial data and objective market analysis. Whether you’re looking for analyst ratings, corporate buybacks, dividends, earnings, economic reports, financials, insider trades, IPOs, SEC filings or stock splits, MarketBeat has the objective information you need to analyze any stock. Learn more about MarketBeat.

MarketBeat is accredited by the Better Business Bureau MarketBeat is rated as Great on TrustPilot

© American Consumer News, LLC dba MarketBeat® 2010-2022. All rights reserved.
326 E 8th St #105, Sioux Falls, SD 57103 | contact@marketbeat.com | (844) 978-6257
MarketBeat does not provide personalized financial advice and does not issue recommendations or offers to buy stock or sell any security.

Our Accessibility Statement | Terms of Service | Privacy Policy | Do Not Sell My Information | RSS Feeds

© 2022 Market data provided is at least 10-minutes delayed and hosted by Barchart Solutions. Information is provided 'as-is' and solely for informational purposes, not for trading purposes or advice, and is delayed. To see all exchange delays and terms of use please see Barchart's disclaimer.