NASDAQ:GOOGLAlphabet Stock Price, Forecast & News

Alphabet's stock was trading at $1,210.90 on March 11th, 2020 when Coronavirus (COVID-19) reached pandemic status according to the World Health Organization (WHO). Since then, GOOGL stock has increased by 21.4% and is now trading at $1,469.93. 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) announced its quarterly earnings data on Tuesday, April, 28th. The information services provider reported $9.87 earnings per share (EPS) for the quarter, missing the Zacks' consensus estimate of $11.16 by $1.29. The information services provider earned $33.71 billion during the quarter, compared to analysts' expectations 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 EPS. View Alphabet's earnings history.

44 brokers 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 $1,541.16 in the next twelve months. This suggests a possible upside of 4.8% from the stock's current price. View analysts' price targets for Alphabet.

News headlines about GOOGL stock have been trending somewhat negative recently, InfoTrie Sentiment reports. The research firm scores the sentiment of news coverage by analyzing more than six thousand news and blog sources. The firm ranks coverage of companies on a scale of -5 to 5, with scores nearest to five being the most favorable. Alphabet earned a news sentiment score of -1.0 on InfoTrie's scale. They also assigned news headlines about the information services provider a news buzz of 0.0 out of 10, indicating that recent news coverage is extremely unlikely to have an impact on the stock's share price in the next few days. View the latest news about Alphabet.

Alphabet saw a drop in short interest in the month of June. As of June 15th, there was short interest totaling 3,440,000 shares, a drop of 13.4% from the May 31st total of 3,970,000 shares. Based on an average daily volume of 2,580,000 shares, the days-to-cover ratio is currently 1.3 days. Approximately 1.2% of the shares of the company 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), Match Group (MTCH), Twitter (TWTR), Trade Desk (TTD), Yandex (YNDX), Pinterest (PINS), Wix.Com (WIX), FactSet Research Systems (FDS), GDS (GDS) and Line (LN). View all competitors.

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

Alphabet's stock is owned by a variety of institutional and retail investors. Top institutional shareholders include Park National Corp OH (0.00%), M&R Capital Management Inc. (0.00%), Gantzert Investment Co. LLC ADV (0.00%), Red Spruce Capital LLC (0.00%), Nelson Van Denburg & Campbell Wealth Management Group LLC (0.00%) and Confluence Investment Management LLC (0.00%).

GOOGL stock was sold by a variety of institutional investors in the last quarter, including M&R Capital Management Inc., Nelson Van Denburg & Campbell Wealth Management Group LLC, Gantzert Investment Co. LLC ADV, Confluence Investment Management LLC, Birch Capital Management LLC, Boltwood Capital Management, and Advocacy Wealth Management Services LLC.

GOOGL stock was acquired by a variety of institutional investors in the last quarter, including Park National Corp OH, Thomasville National Bank, Red Spruce Capital LLC, and First Financial Bank Trust Division.

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 $1,469.93.

Alphabet has a market capitalization of $1.00 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]