Alphabet - GOOGL Stock Forecast, Price & News

37 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for Alphabet in the last twelve months. There are currently 4 hold ratings, 32 buy ratings and 1 strong buy rating for the stock. The consensus among Wall Street research analysts is that investors should "buy" GOOGL shares.
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37 analysts have issued 12-month target prices for Alphabet's shares. Their GOOGL share price forecasts range from $113.00 to $165.00. On average, they expect the company's share price to reach $132.25 in the next twelve months. This suggests a possible upside of 34.4% from the stock's current price.
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Alphabet's stock was trading at $88.23 at the beginning of the year. Since then, GOOGL stock has increased by 11.5% and is now trading at $98.42.
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The company is scheduled to release its next quarterly earnings announcement on Thursday, February 2nd 2023.
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Alphabet will be holding an earnings conference call on Thursday, February 2nd at 4:30 PM Eastern. Interested parties can register for or listen to the call using this link.

Alphabet Inc. (NASDAQ:GOOGL) released its quarterly earnings data on Monday, October, 25th. The information services provider reported $1.40 earnings per share for the quarter, topping the consensus estimate of $1.16 by $0.24. The information services provider earned $53.62 billion during the quarter, compared to analysts' expectations of $51.80 billion. Alphabet had a net margin of 23.75% and a trailing twelve-month return on equity of 26.41%. During the same period last year, the company earned $0.82 EPS.
Read the conference call transcript.

Shares of Alphabet split before market open on Monday, July 18th 2022. The 20-1 split was announced on Tuesday, February 1st 2022. The newly created shares were payable to shareholders after the market closes on Friday, July 15th 2022. An investor that had 100 shares of stock prior to the split would have 2,000 shares after the split.

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

Alphabet's stock is owned by a variety of retail and institutional investors. Top institutional shareholders include Sumitomo Mitsui Trust Holdings Inc. (0.14%), Parnassus Investments LLC (0.13%), New York State Common Retirement Fund (0.09%), DNB Asset Management AS (0.06%), New York State Teachers Retirement System (0.05%) and Allspring Global Investments Holdings LLC (0.05%). Insiders that own company stock include 2016 Gp LLC Gv, 2017 Gp LLC Gv, 2019 Gp LLC Gv, 2021 Gp LLC Gv, Amie Thuener O'toole, Ann Mather, Brin Sergey, Frances Arnold, John Kent Walker, John L Hennessy, Lawrence Page, Philipp Schindler and Prabhakar Raghavan.
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Shares of GOOGL stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.
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One share of GOOGL stock can currently be purchased for approximately $98.42.

Alphabet (NASDAQ:GOOGL) has a market capitalization of $1.27 trillion and generates $257.64 billion in revenue each year. The information services provider earns $76.03 billion in net income (profit) each year or $5.0355 on an earnings per share basis.

The company employs 156,500 workers across the globe.

Alphabet's mailing address is 1600 AMPHITHEATRE PARKWAY, MOUNTAIN VIEW CA, 94043. The official website for the company is www.abc.xyz. The information services provider can be reached via phone at (650) 253-0000, via email at investor-relations@abc.xyz, or via fax at 650-253-0001.