NASDAQ:GOOGLAlphabet Stock Price, Forecast & News

Alphabet's stock was trading at $1,210.90 on March 11th, 2020 when COVID-19 reached pandemic status according to the World Health Organization (WHO). Since then, GOOGL shares have increased by 25.4% and is now trading at $1,518.66. View which stocks have been most impacted by Coronavirus.

44 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Alphabet in the last year. There are currently 2 hold ratings and 42 buy ratings 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:GOOGL) released its earnings results on Tuesday, April, 28th. The information services provider reported $9.87 earnings per share for the quarter, missing analysts' consensus estimates of $11.16 by $1.29. The information services provider earned $33.71 billion during the quarter, compared to analyst estimates of $32.59 billion. Alphabet had a return on equity of 17.43% and a net margin of 20.71%. During the same period in the prior year, the company earned $9.50 earnings per share. View Alphabet's earnings history.

44 brokerages have issued 1 year price objectives for Alphabet's stock. Their forecasts range from $1,300.00 to $1,800.00. On average, they anticipate Alphabet's share price to reach $1,547.82 in the next twelve months. This suggests a possible upside of 1.9% from the stock's current price. View analysts' price targets for Alphabet.

News coverage about GOOGL stock has been trending somewhat negative this week, according to InfoTrie. The research group scores the sentiment of press coverage by reviewing more than six thousand blog and news sources in real-time. The firm ranks coverage of companies on a scale of negative five to five, with scores closest to five being the most favorable. Alphabet earned a news impact score of -1.6 on InfoTrie's scale. They also assigned news articles 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 near future. View the latest news about Alphabet.

Alphabet saw a decline in short interest in June. As of June 30th, there was short interest totaling 3,110,000 shares, a decline of 9.6% from the June 15th total of 3,440,000 shares. Based on an average daily trading volume, of 2,220,000 shares, the short-interest ratio is currently 1.4 days. Currently, 1.0% of the company's stock are short sold. View Alphabet's Current Options Chain.

Some companies that are related to Alphabet include Alphabet (GOOG), Facebook (FB), Zoom Video Communications (ZM), Baidu (BIDU), Snap (SNAP), IHS Markit (INFO), Twitter (TWTR), Trade Desk (TTD), Yandex (YNDX), Pinterest (PINS), Wix.Com (WIX), FactSet Research Systems (FDS), GDS (GDS), Line (LN) and Livongo Health (LVGO). View all competitors.

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

Alphabet's stock is owned by many different retail and institutional investors. Top institutional shareholders include DNB Asset Management AS (0.04%), Envestnet Asset Management Inc. (0.02%), LGT Capital Partners LTD. (0.02%), Metropolis Capital Ltd (0.01%), State of Alaska Department of Revenue (0.01%) and Riverbridge Partners LLC (0.00%).

GOOGL stock was sold by a variety of institutional investors in the last quarter, including Metropolis Capital Ltd, Municipal Employees Retirement System of Michigan, Arden Trust Co, Corrado Advisors LLC, Rockland Trust Co., Bright Rock Capital Management LLC, Renaissance Investment Group LLC, and Mount Yale Investment Advisors LLC.

GOOGL stock was bought by a variety of institutional investors in the last quarter, including LGT Capital Partners LTD., DNB Asset Management AS, Forte Capital LLC ADV, Envestnet Asset Management Inc., State of Alaska Department of Revenue, Canandaigua National Corp, Park National Corp OH, and Robecosam AG.

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.

One share of GOOGL stock can currently be purchased for approximately $1,518.66.

Alphabet has a market capitalization of $1.04 trillion 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 118,899 workers across the globe.

The official website for Alphabet is www.abc.xyz.

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]