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 stock has increased by 24.3% and is now trading at $1,510.99. 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) announced its quarterly earnings results on Tuesday, April, 28th. The information services provider reported $9.87 earnings per share for the quarter, missing the Thomson Reuters' consensus estimate of $11.27 by $1.40. The information services provider earned $41.16 billion during the quarter, compared to analyst estimates of $40.29 billion. Alphabet had a net margin of 20.71% and a return on equity of 17.43%. The company's revenue was up 13.3% compared to the same quarter last year. During the same quarter in the prior year, the firm posted $9.50 EPS. View Alphabet's earnings history.

Alphabet's stock split on the morning of 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 brokers have issued 1 year price objectives for Alphabet's shares. Their forecasts range from $1,360.00 to $1,800.00. On average, they anticipate Alphabet's share price to reach $1,584.75 in the next year. This suggests a possible upside of 4.9% from the stock's current price. View analysts' price targets for Alphabet.

Media coverage about GOOG stock has trended negative recently, InfoTrie reports. The research firm scores the sentiment of media coverage by analyzing more than six thousand blog and news sources. The firm ranks coverage of companies on a scale of negative five to positive five, with scores nearest to five being the most favorable. Alphabet earned a coverage optimism score of -2.3 on InfoTrie's scale. They also assigned news coverage about the information services provider a news buzz of 0.0 out of 10, meaning that recent media coverage is extremely unlikely to have an impact on the company's share price in the next several days. View the latest news about Alphabet.

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). 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 Envestnet Asset Management Inc. (0.03%), State of Alaska Department of Revenue (0.01%), DNB Asset Management AS (0.01%), Confluence Investment Management LLC (0.00%), Chesley Taft & Associates LLC (0.00%) and Founders Capital Management LLC (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 Renaissance Investment Group LLC, Richard P Slaughter Associates Inc, Confluence Investment Management LLC, Thomasville National Bank, Carnegie Capital Asset Management LLC, Addenda Capital Inc., Mount Yale Investment Advisors LLC, and IBM Retirement Fund. 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 Envestnet Asset Management Inc., Canandaigua National Corp, Platte River Wealth Advisors LLC, Forte Capital LLC ADV, DNB Asset Management AS, State of Alaska Department of Revenue, Riverbridge Partners LLC, and Sanders Morris Harris 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 $1,510.99.

Alphabet has a market capitalization of $1.03 trillion 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.