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. Since then, GOOGL shares have increased by 24.9% and is now trading at $1,512.23. 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 30th 2020. View our earnings forecast for Alphabet.

Alphabet will be holding an earnings conference call on Thursday, July 30th at 12:00 AM Eastern. Interested parties can register for or listen to the call using this link or dial in at Not Available.

Alphabet Inc (NASDAQ:GOOGL) announced its quarterly earnings results on Tuesday, April, 28th. The information services provider reported $9.87 EPS for the quarter, missing analysts' consensus estimates of $11.16 by $1.29. The information services provider had revenue of $33.71 billion for 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 firm earned $9.50 EPS. View Alphabet's earnings history.

44 equities research analysts have issued 1 year target prices for Alphabet's shares. Their forecasts range from $1,300.00 to $1,800.00. On average, they anticipate Alphabet's share price to reach $1,554.27 in the next twelve months. This suggests a possible upside of 2.8% from the stock's current price. View analysts' price targets for Alphabet.

News coverage about GOOGL stock has trended very negative on Monday, according to InfoTrie. The research group scores the sentiment of news coverage by reviewing more than six thousand news and blog sources in real time. The firm ranks coverage of public companies on a scale of negative five to five, with scores nearest to five being the most favorable. Alphabet earned a coverage optimism score of -3.2 on InfoTrie's scale. They also assigned news coverage 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 decrease in short interest during the month of June. As of June 30th, there was short interest totaling 3,110,000 shares, a decrease of 9.6% from the June 15th total of 3,440,000 shares. Based on an average daily volume of 2,220,000 shares, the days-to-cover ratio is currently 1.4 days. Approximately 1.0% of the shares of the stock are sold short. 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 a variety of institutional and retail investors. Top institutional shareholders include DNB Asset Management AS (0.04%), Envestnet Asset Management Inc. (0.02%), WELLCOME TRUST LTD THE as trustee of the WELLCOME TRUST (0.02%), LGT Capital Partners LTD. (0.02%), Manning & Napier Group LLC (0.01%) and Metropolis Capital Ltd (0.01%).

GOOGL stock was sold by a variety of institutional investors in the last quarter, including Factory Mutual Insurance Co., WELLCOME TRUST LTD THE as trustee of the WELLCOME TRUST, Manning & Napier Group LLC, Hexavest Inc., Metropolis Capital Ltd, IFM Investors Pty Ltd, Alpha Cubed Investments LLC, and Municipal Employees Retirement System of Michigan.

GOOGL stock was purchased by a variety of institutional investors in the last quarter, including MERIAN GLOBAL INVESTORS UK Ltd, LGT Capital Partners LTD., DNB Asset Management AS, Forte Capital LLC ADV, Envestnet Asset Management Inc., State of Alaska Department of Revenue, Teamwork Financial Advisors LLC, and Exane Derivatives.

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 $1,512.23.

Alphabet has a market capitalization of $1.03 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]