Alphabet Stock Forecast, Price & 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 20.5% and is now trading at $1,464.52.
View which stocks have been most impacted by COVID-19.

26 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Alphabet in the last year. There are currently 2 hold ratings, 23 buy ratings and 1 strong buy rating for the stock, resulting in a consensus recommendation of "Buy."
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Alphabet is scheduled to release its next quarterly earnings announcement on Monday, October 26th 2020.
View our earnings forecast for Alphabet.

Alphabet Inc (NASDAQ:GOOG) announced its quarterly earnings results on Thursday, July, 30th. The information services provider reported $10.13 earnings per share (EPS) for the quarter, beating the consensus estimate of $8.43 by $1.70. The information services provider earned $31.60 billion during the quarter, compared to analysts' expectations of $30.58 billion. Alphabet had a return on equity of 15.62% and a net margin of 18.99%.
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 created 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.

26 analysts have issued 1-year price targets for Alphabet's stock. Their forecasts range from $1,500.00 to $1,975.00. On average, they anticipate Alphabet's share price to reach $1,698.25 in the next year. This suggests a possible upside of 16.0% from the stock's current price.
View analysts' price targets for Alphabet.

News articles about GOOG stock have trended negative on Tuesday, according to InfoTrie Sentiment. InfoTrie identifies negative and positive press coverage by analyzing more than six thousand news and blog sources in real time. The firm ranks coverage of publicly-traded companies on a scale of negative five to five, with scores closest to five being the most favorable. Alphabet earned a media sentiment score of -2.5 on InfoTrie's scale. They also gave news headlines about the information services provider a news buzz of 0.0 out of 10, indicating that recent press 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.

Alphabet saw a increase in short interest in the month of August. As of August 31st, there was short interest totaling 2,290,000 shares, an increase of 42.2% from the August 15th total of 1,610,000 shares. Based on an average daily trading volume, of 1,810,000 shares, the days-to-cover ratio is currently 1.3 days. Approximately 0.8% of the shares of the company are sold short.
View Alphabet's Short Interest.

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) and MDC Partners (MDCA).
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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), salesforce.com (CRM), JPMorgan Chase & Co. (JPM) and Mastercard (MA).

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 $1,464.52.

Alphabet has a market capitalization of $996.11 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.

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.