Alphabet - GOOG Stock Forecast, Price & News

18 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Alphabet in the last twelve months. There are currently 1 hold rating and 17 buy ratings for the stock. The consensus among Wall Street analysts is that investors should "buy" GOOG shares.
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18 Wall Street analysts have issued 1-year target prices for Alphabet's stock. Their GOOG share price forecasts range from $118.00 to $165.00. On average, they predict the company's share price to reach $135.11 in the next year. This suggests a possible upside of 31.1% from the stock's current price.
View analysts price targets for GOOG or view top-rated stocks among Wall Street analysts.

Alphabet's stock was trading at $88.73 at the start of the year. Since then, GOOG stock has increased by 16.2% and is now trading at $103.06.
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Alphabet saw a increase in short interest in the month of March. As of March 15th, there was short interest totaling 33,460,000 shares, an increase of 10.8% from the February 28th total of 30,190,000 shares. Based on an average daily volume of 31,250,000 shares, the days-to-cover ratio is presently 1.1 days.
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The company is scheduled to release its next quarterly earnings announcement on Tuesday, April 25th 2023.
View our GOOG earnings forecast.

Alphabet Inc. (NASDAQ:GOOG) released its quarterly earnings results on Thursday, February, 2nd. The information services provider reported $1.05 earnings per share (EPS) for the quarter, missing analysts' consensus estimates of $1.14 by $0.09. The information services provider had revenue of $76.05 billion for the quarter, compared to the consensus estimate of $76.49 billion. Alphabet had a trailing twelve-month return on equity of 23.54% and a net margin of 21.20%. The company's revenue for the quarter was up 1.0% on a year-over-year basis. During the same period in the prior year, the company posted $1.53 EPS.
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ETFs with the largest weight of Alphabet (NASDAQ:GOOG) stock in their portfolio include Communication Services Select Sector SPDR Fund (XLC), Fidelity MSCI Communication Services Index ETF (FCOM), Vanguard Communication Services Index Fund (VOX), iShares Global Comm Services ETF (IXP), Davis Select U.S. Equity ETF (DUSA), Motley Fool 100 Index ETF (TMFC), Invesco NASDAQ Internet ETF (PNQI) and T. Rowe Price Blue Chip Growth ETF (TCHP).

Alphabet's stock split before market open on 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 market closes 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.

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.

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).

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

Alphabet's stock is owned by a variety of retail and institutional investors. Top institutional shareholders include Price T Rowe Associates Inc. MD (1.19%), Moneta Group Investment Advisors LLC (1.02%), Geode Capital Management LLC (0.76%), Morgan Stanley (0.56%), Alliancebernstein L.P. (0.42%) and Legal & General Group Plc (0.27%). Insiders that own company stock include 2016 Gp LLC Gv, 2017 Gp LLC Gv, 2019 Gp LLC Gv, 2021 Gp LLC Gv, Aaron Boynton, Amie Thuener O'toole, Ann Mather, Brin Sergey, Capitalg 2014 Lp, 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.
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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.
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One share of GOOG stock can currently be purchased for approximately $103.06.

Alphabet (NASDAQ:GOOG) has a market capitalization of $1.32 trillion and generates $282.84 billion in revenue each year. The information services provider earns $59.97 billion in net income (profit) each year or $4.5510 on an earnings per share basis.

The company employs 156,500 workers across the globe.

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.