NASDAQ:GOOGAlphabet Stock Price, Forecast & News

Alphabet's stock was trading at $1,215.41 on March 11th, 2020 when Coronavirus (COVID-19) reached pandemic status according to the World Health Organization (WHO). Since then, GOOG stock has increased by 16.2% and is now trading at $1,412.18. 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) issued its earnings results on Tuesday, April, 28th. The information services provider reported $9.87 earnings per share (EPS) for the quarter, missing the Zacks' consensus estimate of $11.27 by $1.40. The information services provider had revenue of $41.16 billion for the quarter, compared to analysts' expectations of $40.29 billion. Alphabet had a return on equity of 17.43% and a net margin of 20.71%. The firm's revenue for the quarter was up 13.3% compared to the same quarter last year. During the same quarter in the prior year, the company earned $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 created shares were distributed to shareholders after the closing bell 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 equities research analysts have issued 1 year price targets for Alphabet's shares. Their forecasts range from $1,360.00 to $1,800.00. On average, they expect Alphabet's share price to reach $1,584.75 in the next twelve months. This suggests a possible upside of 12.2% from the stock's current price. View analysts' price targets for Alphabet.

Media stories about GOOG stock have been trending very negative this week, InfoTrie Sentiment reports. InfoTrie identifies positive and negative news coverage by monitoring 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 nearest to five being the most favorable. Alphabet earned a news sentiment score of -3.2 on InfoTrie's scale. They also assigned news coverage about the information services provider a news buzz of 10.0 out of 10, meaning that recent news coverage is extremely likely to have an effect on the company's share price in the next few days. View the latest news aboutAlphabet.

Alphabet saw a decline in short interest in the month of May. As of May 15th, there was short interest totaling 3,500,000 shares, a decline of 14.8% from the April 30th total of 4,110,000 shares. Based on an average daily trading volume, of 2,380,000 shares, the days-to-cover ratio is currently 1.5 days. Currently, 1.2% of the company's stock are short sold. 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). 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 retail and institutional investors. Top institutional shareholders include BlackRock Inc. (2.95%), State Street Corp (1.73%), Capital International Investors (0.67%), Geode Capital Management LLC (0.65%), JPMorgan Chase & Co. (0.54%) and Alliancebernstein L.P. (0.51%). 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 Magellan Asset Management Ltd, SG Americas Securities LLC, Janus Henderson Group PLC, Morgan Stanley, Capital World Investors, Capital Research Global Investors, Jennison Associates LLC, and Wellington Management Group LLP. 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 purchased by a variety of institutional investors in the last quarter, including Advisor Group Holdings Inc., Baupost Group LLC MA, BlackRock Inc., Capital International Investors, Sumitomo Mitsui Trust Holdings Inc., Invesco Ltd., Swiss National Bank, and Geode Capital Management 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 $1,412.18.

Alphabet has a market capitalization of $963.98 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.