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Alphabet Stock Price, Forecast & Analysis (NASDAQ:GOOGL)

$1,333.54
+24.39 (+1.86 %)
(As of 11/15/2019 04:00 PM ET)
Today's Range
$1,311.89
Now: $1,333.54
$1,333.54
50-Day Range
$1,175.60
MA: $1,250.67
$1,328.45
52-Week Range
$977.66
Now: $1,333.54
$1,333.54
Volume1.85 million shs
Average Volume1.50 million shs
Market Capitalization$919.73 billion
P/E Ratio28.07
Dividend YieldN/A
Beta1.01
Alphabet Inc, through its subsidiaries, provides online advertising services in the United States and internationally. The company offers performance and brand advertising services. It operates through Google and Other Bets segments. The Google segment includes principal Internet products, such as Ads, Android, Chrome, Commerce, Google Cloud, Google Maps, Google Play, Hardware, Search, and YouTube, as well as technical infrastructure and newer efforts, including Virtual Reality. Read More…

Industry, Sector and Symbol

Industry Computer programming, data processing, & other computer related
Sub-IndustryN/A
SectorComputer and Technology
Current SymbolNASDAQ:GOOGL
CUSIPN/A
Phone650-253-0000

Debt

Price-To-Earnings

Sales & Book Value

Annual Sales$136.82 billion
Cash Flow$62.78 per share
Book Value$282.69 per share

Profitability

Net Income$30.74 billion

Miscellaneous

Employees98,771
Market Cap$919.73 billion
Next Earnings Date2/3/2020 (Estimated)
OptionableOptionable

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Alphabet (NASDAQ:GOOGL) Frequently Asked Questions

What is Alphabet's stock symbol?

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

How will Alphabet's stock buyback program work?

Alphabet announced that its board has authorized a share repurchase 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 buy shares of its stock through open market purchases. Stock repurchase programs are generally an indication that the company's board of directors believes its stock is undervalued.

How were Alphabet's earnings last quarter?

Alphabet Inc (NASDAQ:GOOGL) announced its quarterly earnings results on Monday, October, 28th. The information services provider reported $10.12 earnings per share (EPS) for the quarter, missing the Zacks' consensus estimate of $12.42 by $2.30. The information services provider earned $33.01 billion during the quarter, compared to analyst estimates of $32.84 billion. Alphabet had a return on equity of 18.34% and a net margin of 21.04%. During the same period in the previous year, the company posted $13.06 EPS. View Alphabet's Earnings History.

When is Alphabet's next earnings date?

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

What price target have analysts set for GOOGL?

36 analysts have issued twelve-month target prices for Alphabet's shares. Their forecasts range from $1,197.00 to $1,700.00. On average, they anticipate Alphabet's stock price to reach $1,414.37 in the next year. This suggests a possible upside of 6.1% from the stock's current price. View Analyst Price Targets for Alphabet.

What is the consensus analysts' recommendation for Alphabet?

36 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Alphabet in the last year. There are currently 6 hold ratings and 30 buy ratings for the stock, resulting in a consensus recommendation of "Buy." View Analyst Ratings for Alphabet.

What are Wall Street analysts saying about Alphabet stock?

Here are some recent quotes from research analysts about Alphabet stock:
  • 1. According to Zacks Investment Research, "Alphabet will continue to be driven by improving search & advertising revenues, hardware and AI. Its strong focus on bolstering presence in the cloud market on the back of expanding data centers and robust cloud offerings continues to aid growth. The company’s strong initiatives toward elimination of bad ads and introducing useful major search updates are tailwinds. Google’s robust mobile search is also a positive. Its strong focus on innovation of its AI techniques and the home automation space is aiding business growth. The stock has outperformed the industry in the past year. However, the company’s growing litigation issues, growing competition, and increased spending on YouTube might hurt profitability." (10/25/2019)
  • 2. Stifel Nicolaus analysts commented, "We forecast 2Q gross revenue growth +17% y/y (+17% Street) for Alphabet (from +19% FX-adj. / +17% reported in 1Q). Our EPS estimates are just ahead of the Street as TAC trends and headcount growth moderate. We view shares as fairly-valued at current levels and believe the multiple is likely to remain range bound as the stock works through a deceleration digestion period with lower visibility into near-term revenue growth rates." (7/23/2019)
  • 3. SunTrust Banks, Inc. analysts commented, "We remain constructive on GOOGL into 2Q earnings on 7/25, as our checks with marketers support our estimates/consensus, showing only a slight deceleration in the top line despite strong showing from Amazon and continued regulatory pressure from the EU and the US. We expect GOOGL to show above-industry y/y growth driven by strength in Sites (from both search and video (YouTube)), along with contributions from emerging areas such as GCP and hardware. We believe the stock remains reasonably valued at 11.5x EV/ EBITDA and 24.4x P/E on our FY19 estimates, and maintain a Buy rating. Expecting In-Line 2Q19 Results. We believe Google will report a relatively in-line quarter following a weaker than expected print in 1Q19. Our estimates call for a continued deceleration in net revenues to 16.6% y/y growth (from 18.6% in 1Q19) or $30.6 billion and adj." (7/22/2019)

Has Alphabet been receiving favorable news coverage?

News stories about GOOGL stock have been trending somewhat negative on Saturday, according to InfoTrie Sentiment Analysis. The research firm rates the sentiment of news coverage by reviewing more than six thousand news and blog sources in real time. The firm ranks coverage of publicly-traded companies on a scale of -5 to 5, with scores nearest to five being the most favorable. Alphabet earned a news sentiment score of -1.2 on InfoTrie's scale. They also gave headlines about the information services provider a news buzz of 0.0 out of 10, meaning that recent news coverage is extremely unlikely to have an effect on the stock's share price in the next several days. View News Stories for Alphabet.

Who are some of Alphabet's key competitors?

What other stocks do shareholders of Alphabet own?

Based on aggregate information from My MarketBeat watchlists, some companies that other Alphabet investors own include Alibaba Group (BABA), NVIDIA (NVDA), Micron Technology (MU), General Electric (GE), Canopy Growth (CGC), Booking (BKNG), Netflix (NFLX), Tesla (TSLA), Verizon Communications (VZ) and JPMorgan Chase & Co. (JPM).

Who are Alphabet's key executives?

Alphabet's management team includes the folowing people:
  • Mr. Lawrence Edward Page, Co-Founder, CEO & Director (Age 46)
  • Mr. Sergey Brin, Co-Founder, Pres & Director (Age 45)
  • Ms. Ruth Myrna Porat, Sr. VP & CFO (Age 61)
  • Mr. David C. Drummond, Sr. VP of Corp. Devel., Chief Legal Officer & Sec. (Age 56)
  • Ms. Amie Thuener O'Toole, Chief Accounting Officer & VP (Age 43)

Who are Alphabet's major shareholders?

Alphabet's stock is owned by a number of of institutional and retail investors. Top institutional shareholders include Massachusetts Financial Services Co. MA (0.39%), Fisher Asset Management LLC (0.21%), Sumitomo Mitsui Trust Holdings Inc. (0.17%), Veritas Asset Management LLP (0.15%), California Public Employees Retirement System (0.15%) and DNB Asset Management AS (0.08%).

Which major investors are selling Alphabet stock?

GOOGL stock was sold by a variety of institutional investors in the last quarter, including First Trust Advisors LP, SG Americas Securities LLC, Sawgrass Asset Management LLC, Manning & Napier Group LLC, AMF Pensionsforsakring AB, ADAMCAPITAL Gestao de Recursos Ltda., Railway Pension Investments Ltd and Alta Capital Management LLC.

Which major investors are buying Alphabet stock?

GOOGL stock was acquired by a variety of institutional investors in the last quarter, including California Public Employees Retirement System, Assenagon Asset Management S.A., Comgest Global Investors S.A.S., USS Investment Management Ltd, Investmentaktiengesellschaft Fuer Langfristige Investoren TGV, Calamos Advisors LLC, Fisher Asset Management LLC and Veritas Asset Management LLP.

How do I buy shares of Alphabet?

Shares of GOOGL 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.

What is Alphabet's stock price today?

One share of GOOGL stock can currently be purchased for approximately $1,333.54.

How big of a company is Alphabet?

Alphabet has a market capitalization of $919.73 billion 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.

What is Alphabet's official website?

The official website for Alphabet is http://www.abc.xyz/.

How can I contact Alphabet?

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 or via email at [email protected]


MarketBeat Community Rating for Alphabet (NASDAQ GOOGL)

Community Ranking:  3.9 out of 5 (star star star)
Outperform Votes:  2,142 (Vote Outperform)
Underperform Votes:  613 (Vote Underperform)
Total Votes:  2,755
MarketBeat's community ratings are surveys of what our community members think about Alphabet and other stocks. Vote "Outperform" if you believe GOOGL will outperform the S&P 500 over the long term. Vote "Underperform" if you believe GOOGL will underperform the S&P 500 over the long term. You may vote once every thirty days.
This page was last updated on 11/16/2019 by MarketBeat.com Staff

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