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 shares have 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."
View analyst ratings for Alphabet.

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) released its earnings results on Thursday, July, 30th. The information services provider reported $10.13 earnings per share (EPS) for the quarter, topping analysts' consensus estimates of $8.43 by $1.70. The information services provider had revenue of $31.60 billion for the quarter, compared to the consensus estimate 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 shares split before market open on Thursday, April 3rd 2014. The 2-1 split was announced on Monday, February 10th 2014. The newly issued shares were issued 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 objectives for Alphabet's shares. Their forecasts range from $1,500.00 to $1,975.00. On average, they expect Alphabet's stock price to reach $1,698.25 in the next twelve months. This suggests a possible upside of 16.0% from the stock's current price.
View analysts' price targets for Alphabet.

News coverage about GOOG stock has been trending negative this week, InfoTrie Sentiment reports. InfoTrie identifies negative and positive media coverage by monitoring more than six thousand news and blog sources in real-time. The firm ranks coverage of public companies on a scale of -5 to 5, 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 articles about the information services provider a news buzz of 0.0 out of 10, indicating that recent media coverage is extremely unlikely to have an effect on the stock's share price in the near term.
View the latest news about Alphabet.

Alphabet saw a increase in short interest during 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 presently 1.3 days. Approximately 0.8% of the shares of the company are short sold.
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.