NASDAQ:GOOG - Alphabet Stock Price, Forecast & News

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

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 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.

Alphabet declared that its board has approved a stock buyback program on Friday, February 2nd 2018, which permits the company to repurchase $8,589,870,000.00 in outstanding shares, according to EventVestor. This repurchase authorization permits the company to repurchase shares of its stock through open market purchases. Shares repurchase programs are generally a sign that the company's board believes its shares are undervalued.

Alphabet Inc (NASDAQ:GOOG) released its quarterly earnings data on Monday, October, 28th. The information services provider reported $10.12 EPS for the quarter, missing analysts' consensus estimates of $12.57 by $2.45. The information services provider earned $40.50 billion during the quarter, compared to the consensus estimate of $40.17 billion. Alphabet had a net margin of 21.04% and a return on equity of 18.34%. Alphabet's revenue for the quarter was up 20.0% on a year-over-year basis. During the same period in the prior year, the company posted $13.06 earnings per share. View Alphabet's Earnings History.

Alphabet is scheduled to release their next quarterly earnings announcement on Monday, February 3rd 2020. View Earnings Estimates for Alphabet.

Alphabet will be holding an earnings conference call on Monday, February 3rd at 12:00 AM Eastern. Interested parties can register for or listen to the call using this link or dial in at Not Available.

23 brokerages have issued 12 month price objectives for Alphabet's shares. Their forecasts range from $1,287.00 to $1,769.00. On average, they expect Alphabet's stock price to reach $1,516.94 in the next twelve months. This suggests a possible upside of 3.4% from the stock's current price. View Analyst Price Targets for Alphabet.

23 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Alphabet in the last year. There are currently 1 hold rating and 22 buy ratings for the stock, resulting in a consensus recommendation of "Buy." View Analyst Ratings for Alphabet.

News articles about GOOG stock have been trending extremely negative this week, according to InfoTrie Sentiment. The research firm identifies positive and negative press coverage by reviewing more than six thousand news and blog sources. 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 -4.5 on InfoTrie's scale. They also assigned press coverage about the information services provider a news buzz of 10.0 out of 10, meaning that recent press coverage is extremely likely to have an impact on the company's share price in the next few days. View News Stories for Alphabet.

Alphabet saw a drop in short interest in the month of December. As of December 31st, there was short interest totalling 3,230,000 shares, a drop of 6.9% from the December 15th total of 3,470,000 shares. Based on an average daily volume of 1,300,000 shares, the days-to-cover ratio is presently 2.5 days. Currently, 1.1% of the shares of the company are short sold. View Alphabet's Current Options Chain.

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), MDC Partners (MDCA) and Harte Hanks (HHS).

Based on aggregate information from My MarketBeat watchlists, some companies that other Alphabet investors own include Netflix (NFLX), Alibaba Group (BABA), NVIDIA (NVDA), Walt Disney (DIS), Tesla (TSLA), Visa (V), Intel (INTC), Boeing (BA), Bank of America (BAC) and Starbucks (SBUX).

Alphabet's stock is owned by a variety of of retail and institutional investors. Top institutional shareholders include New York State Teachers Retirement System (0.07%), Assenagon Asset Management S.A. (0.04%), Strs Ohio (0.03%), Boston Trust Walden Corp (0.02%), Johanson Financial Advisors Inc. (0.02%) and Gateway Investment Advisers LLC (0.02%). Company insiders that own Alphabet stock include Amie Thuener O'toole, Ann Mather, Capitalg Lp, David C Drummond, James Grier Campbell, 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 Commerzbank Aktiengesellschaft FI, Tocqueville Asset Management L.P., Marathon Asset Management LLP, Gateway Investment Advisers LLC, Strs Ohio, Ironvine Capital Partners LLC, Meag Munich Ergo Kapitalanlagegesellschaft MBH and New York State Teachers Retirement System. 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 for Alphabet.

GOOG stock was acquired by a variety of institutional investors in the last quarter, including Johanson Financial Advisors Inc., Assenagon Asset Management S.A., Artemis Investment Management LLP, OTA Financial Group L.P., Nippon Life Global Investors Americas Inc., DNB Asset Management AS, First American Bank and Sheets Smith Wealth Management. View Insider Buying and Selling 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 $1,466.71.

Alphabet has a market capitalization of $1.01 trillion and generates $136.82 billion in revenue each year. The information services provider earns $30.74 billion in net income (profit) each year or $47.51 on an earnings per share basis. Alphabet employs 98,771 workers across the globe.View Additional Information About Alphabet.

The official website for Alphabet is http://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.