About Alphabet (NASDAQ:GOOGL)
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. This segment also offers digital content, enterprise cloud services, and hardware products, as well as other miscellaneous products and services. The Other Bets segment includes businesses, such as Access, Calico, CapitalG, GV, Nest, Verily, Waymo, and X, as well as fiber Internet and Television services. Alphabet Inc. was founded in 1998 and is headquartered in Mountain View, California.
Industry, Sector and Symbol
Industry Computer programming, data processing, & other computer related
Sub-IndustryN/A
SectorComputer and Technology
SymbolNASDAQ:GOOGL
CUSIPN/A
Phone650-253-0000
Debt
Debt-to-Equity Ratio0.02%
Current Ratio4.87%
Quick Ratio5.11%
Price-To-Earnings
Trailing P/E Ratio32.55
Forward P/E Ratio25.35
P/E Growth1.09
Sales & Book Value
Annual Sales$110.86 billion
Price / Sales6.54
Cash Flow$43.2191 per share
Price / Cash24.14
Book Value$231.48 per share
Price / Book4.51
Profitability
EPS (Most Recent Fiscal Year)$32.05
Net Income$12.66 billion
Net Margins14.19%
Return on Equity15.58%
Return on Assets12.48%
Miscellaneous
Employees80,110
Outstanding Shares694,780,000
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 declared that its board has authorized a share repurchase program on Friday, February 2nd 2018, which allows the company to buyback $8,589,870,000.00 in outstanding shares, according to EventVestor. This buyback authorization allows the company to repurchase shares of its stock through open market purchases. Stock buyback programs are typically a sign that the company's management believes its stock is undervalued.
How were Alphabet's earnings last quarter?
Alphabet Inc. (NASDAQ:GOOGL) posted its quarterly earnings results on Monday, April, 23rd. The information services provider reported $9.93 earnings per share for the quarter, topping analysts' consensus estimates of $9.21 by $0.72. The information services provider had revenue of $24.86 billion for the quarter, compared to the consensus estimate of $24.20 billion. Alphabet had a net margin of 14.19% and a return on equity of 15.58%. During the same quarter in the previous year, the business earned $7.73 EPS. View Alphabet's Earnings History.
When is Alphabet's next earnings date?
What price target have analysts set for GOOGL?
43 brokerages have issued 1-year price objectives for Alphabet's stock. Their forecasts range from $725.00 to $1,400.00. On average, they expect Alphabet's stock price to reach $1,191.6711 in the next twelve months. 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 delivered strong first-quarter earnings on robust cloud, hardware and Play revenues. The company's focus on innovation, AI, cloud, home automation space, strategic acquisitions and Android OS should continue to generate strong cash flows. Alphabet has shown good execution to date, more or less maintaining its dominant share in a competitive, fast-growing search market. Its diversification strategy is also positive, but requires significant investment and involves uncertain payback periods, particularly since these efforts are at the cutting edge of technology. However, the company's increased spending on its consumer gadgets, YouTube video app and cloud computing services remain concerns. Also, increasing litigation issues could continue to impact the company’s profits. Alphabet's stock has outperformed the industry it belongs to on a 12-month basis." (4/25/2018)
- 2. Stifel Nicolaus analysts commented, "We remain Hold rated with a $1,150 price target, however we are incrementally positive on Alphabet’s long-term position given strategic challenges facing Facebook. GOOGL shares currently trade at ~12x EV / 2019E adj. EBITDA and 23x 2019E GAAP EPS." (4/23/2018)
- 3. Bank of America analysts commented, "Sprint’s wireless revenue declined by 3% YOY in F3Q17, a 1% beat. Consolidated cash EBITDA of $1.73B beat our $1.69B estimate, growing 7% YOY, and a still low 21% margin. Phone adds of 184K were below our Street-low 225K estimate as T/VZ had strong quarters (BoGo/Unlimited/Video Bundling). Postpaid phone churn rose 13 bps to 1.71%, in line with our estimate, as Sprint keeps prices high. The company maintained EBITDA guidance but lowered CAPX guidance. Network speeds are up 60% YoY. Sprint has deployed 80K Magic Boxes and plans to deploy more than 1M, a very smart strategy. We look for color on 3Q trends from expiring promotional offers. Our main concerns are weak network coverage and revenue growth ." (2/2/2018)
Who are some of Alphabet's key competitors?
Some companies that are related to Alphabet include Alphabet (GOOG), Facebook (FB), Baidu (BIDU), Red Hat Software (RHT), Weibo (WB), Twitter (TWTR), IHS Markit (INFO), Snap (SNAP), Match Group (MTCH), 58.com (WUBA), Yandex (YNDX), LINE (LN), FactSet (FDS), Sabre (SABR) and TripAdvisor (TRIP).
Who are Alphabet's key executives?
Alphabet's management team includes the folowing people:
- Mr. Lawrence Edward Page, Co-Founder, CEO & Director (Age 45)
- Mr. Sergey Brin, Co-Founder, Pres & Director (Age 44)
- Ms. Ruth Myrna Porat, Sr. VP & CFO (Age 60)
- Mr. David C. Drummond, Chief Legal Officer, Sr. VP of Corp. Devel. and Sec. (Age 55)
- Mr. Sundar Pichai, Director & CEO of Google (Age 45)
Has Alphabet been receiving favorable news coverage?
News headlines about GOOGL stock have been trending somewhat positive this week, Accern Sentiment Analysis reports. The research firm ranks the sentiment of media coverage by analyzing more than twenty million blog and news sources in real-time. Accern ranks coverage of public companies on a scale of negative one to positive one, with scores nearest to one being the most favorable. Alphabet earned a coverage optimism score of 0.04 on Accern's scale. They also gave news coverage about the information services provider an impact score of 47.23 out of 100, meaning that recent media coverage is somewhat unlikely to have an effect on the stock's share price in the near term.
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, Scottrade, Fidelity and Charles Schwab.
What is Alphabet's stock price today?
One share of GOOGL stock can currently be purchased for approximately $1,043.31.
How big of a company is Alphabet?
Alphabet has a market capitalization of $710.51 billion and generates $110.86 billion in revenue each year. The information services provider earns $12.66 billion in net income (profit) each year or $32.05 on an earnings per share basis. Alphabet employs 80,110 workers across the globe.
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 (GOOGL)
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.
Alphabet (NASDAQ:GOOGL) Price Target and Consensus Rating
(How are Consensus Ratings Calculated?) MarketBeat calculates consensus analyst ratings for stocks using the most recent rating from each Wall Street analyst that has rated a stock within the last twelve months. Each analyst's rating is normalized to a standardized rating score of 1 (sell), 2 (hold), 3 (buy) or 4 (strong buy). Analyst consensus ratings scores are calculated using the mean average of the number of normalized sell, hold, buy and strong buy ratings from Wall Street analysts. Each stock's consensus analyst rating is derived from its calculated consensus ratings score (0-1.5 = Sell, 1.5-2.5 = Hold, 2.5-3.5 = Buy, >3.5 = Strong Buy). MarketBeat's consensus price targets are a mean average of the most recent available price targets set by each analyst that has set a price target for the stock in the last twelve months. MarketBeat's consensus ratings and consensus price targets may differ from those calculated by other firms due to differences in methodology and available data.
43 Wall Street analysts have issued ratings and price targets for Alphabet in the last 12 months. Their average twelve-month price target is $1,191.6711, suggesting that the stock has a possible upside of 14.22%. The high price target for GOOGL is $1,400.00 and the low price target for GOOGL is $725.00. There are currently 1 sell rating, 4 hold ratings, 37 buy ratings and 1 strong buy rating for the stock, resulting in a consensus rating of "Buy."
| Today | 30 Days Ago | 90 Days Ago | 180 Days Ago |
| Consensus Rating: | Buy | Buy | Buy | Buy |
| Consensus Rating Score: | 2.88 | 2.84 | 2.87 | 2.85 |
| Ratings Breakdown: | 1 Sell Rating(s)
4 Hold Rating(s)
37 Buy Rating(s)
1 Strong Buy Rating(s) | 1 Sell Rating(s)
6 Hold Rating(s)
37 Buy Rating(s)
1 Strong Buy Rating(s) | 1 Sell Rating(s)
5 Hold Rating(s)
39 Buy Rating(s)
1 Strong Buy Rating(s) | 1 Sell Rating(s)
6 Hold Rating(s)
40 Buy Rating(s)
1 Strong Buy Rating(s) |
| Consensus Price Target: | $1,191.6711 | $1,162.1220 | $1,099.9935 | $1,084.0845 |
| Price Target Upside: | 14.22% upside | 5.30% upside | 7.37% downside | 9.35% upside |
Alphabet (NASDAQ:GOOGL) Consensus Price Target History
Alphabet (NASDAQ:GOOGL) Analyst Ratings History
Show:
| Date | Brokerage | Action | Rating | Price Target | Impact on Share Price | Details |
|---|
| 4/24/2018 | Stifel Nicolaus | Upgrade | Hold -> Buy | $1,234.00 | Low |  |
| 4/24/2018 | Morgan Stanley | Reiterated Rating | Overweight -> Overweight | $1,200.00 | High | |
| 4/24/2018 | Canaccord Genuity | Reiterated Rating | Hold -> Hold | | High | |
| 4/24/2018 | Monness Crespi & Hardt | Reiterated Rating | Buy | $1,280.00 -> $1,306.00 | High | |
| 4/24/2018 | Barclays | Lower Price Target | Overweight -> Overweight | $1,250.00 | High | |
| 4/24/2018 | KeyCorp | Reiterated Rating | Overweight -> Overweight | $1,280.00 -> $1,230.00 | High | |
| 4/24/2018 | Pivotal Research | Lower Price Target | Hold -> Hold | $1,040.00 -> $970.00 | High | |
| 4/23/2018 | Credit Suisse Group | Lower Price Target | | $1,350.00 -> $1,400.00 | Low | |
| 4/11/2018 | MED | Initiated Coverage | Buy | $1,280.00 -> $1,036.50 | Low | |
| 2/21/2018 | MKM Partners | Reiterated Rating | Buy -> Buy | $1,210.00 -> $1,355.00 | Low | |
| 2/5/2018 | Argus | Boost Price Target | | $1,300.00 | Medium | |
| 2/4/2018 | Aegis | Reiterated Rating | Buy | $1,350.00 | High | |
| 2/2/2018 | Oppenheimer | Boost Price Target | Buy -> Hold | $1,180.00 -> $1,340.00 | Low | |
| 2/2/2018 | Royal Bank of Canada | Reiterated Rating | Buy | $1,285.00 | Low | |
| 2/2/2018 | BMO Capital Markets | Reiterated Rating | Market Perform -> Market Perform | $1,080.00 -> $1,100.00 | Low | |
| 2/2/2018 | Bank of America | Reiterated Rating | Buy -> Buy | $1,340.00 -> $1,360.00 | Low | |
| 2/2/2018 | Citigroup | Boost Price Target | Buy | $1,350.00 | High | |
| 2/2/2018 | Wells Fargo | Reiterated Rating | Buy | $1,275.00 | High | |
| 2/1/2018 | William Blair | Reiterated Rating | Outperform | | High | |
| 1/30/2018 | B. Riley | Boost Price Target | Buy -> Buy | $1,200.00 -> $1,375.00 | Low | |
| 1/29/2018 | Deutsche Bank | Reiterated Rating | Buy | $1,400.00 | Low | |
| 1/15/2018 | SunTrust Banks | Lower Price Target | | $1,250.00 -> $1,180.00 | Low | |
| 1/4/2018 | Cowen | Boost Price Target | Outperform | $1,150.00 -> $1,230.00 | Low | |
| 1/2/2018 | Robert W. Baird | Reiterated Rating | Buy | $1,150.00 | Low | |
| 12/5/2017 | Evercore ISI | Initiated Coverage | Outperform | | Low | |
| 10/27/2017 | Goldman Sachs | Boost Price Target | | $1,125.00 -> $1,175.00 | N/A | |
| 10/27/2017 | CIBC | Reiterated Rating | Outperform -> Outperform | $1,050.00 -> $1,180.00 | N/A | |
| 10/24/2017 | Cantor Fitzgerald | Reiterated Rating | Buy | $1,100.00 | N/A | |
| 10/19/2017 | Piper Jaffray | Reiterated Rating | Buy | $1,150.00 | N/A | |
| 10/17/2017 | Mizuho | Reiterated Rating | Buy | | N/A | |
| 10/10/2017 | Jefferies Group | Reiterated Rating | Buy | $1,200.00 | N/A | |
| 9/21/2017 | Susquehanna Bancshares | Reiterated Rating | Positive | $1,200.00 | Low | |
| 9/8/2017 | UBS | Reiterated Rating | Buy | $1,080.00 | Medium | |
| 7/27/2017 | Tigress Financial | Reiterated Rating | Strong-Buy | | Low | |
| 7/25/2017 | FBR & Co | Reiterated Rating | Outperform | $1,032.00 -> $1,050.00 | Low | |
| 7/25/2017 | JMP Securities | Reiterated Rating | Buy | $1,095.00 -> $1,077.00 | Low | |
| 7/22/2017 | JPMorgan Chase | Boost Price Target | Overweight | $1,075.00 -> $1,115.00 | Low | |
| 7/17/2017 | Needham & Company LLC | Reiterated Rating | Buy | $1,050.00 | Low | |
| 7/7/2017 | Societe Generale | Set Price Target | Buy | $1,210.00 | Low | |
| 7/4/2017 | FBN Securities | Lower Price Target | Outperform | $1,050.00 -> $1,025.00 | Low | |
| 6/9/2017 | Moffett Nathanson | Reiterated Rating | Buy | | Medium | |
| 6/2/2017 | Instinet | Reiterated Rating | Buy | | Low | |
| 4/29/2017 | Wedbush | Reiterated Rating | Underperform | $700.00 -> $725.00 | Low | |
| 4/23/2017 | Pacific Crest | Reiterated Rating | Overweight | $1,040.00 | High | |
| 3/31/2017 | Loop Capital | Initiated Coverage | Hold | $800.00 | Low | |
| 3/27/2017 | Nomura | Lower Price Target | Buy | $950.00 -> $925.00 | Medium | |
| 3/11/2017 | Hilliard Lyons | Reiterated Rating | Neutral | $865.00 | N/A | |
| 12/16/2016 | Cleveland Research | Initiated Coverage | Neutral | | N/A | |
| 10/30/2016 | Raymond James | Reiterated Rating | Outperform | $900.00 -> $920.00 | N/A | |
| 10/10/2016 | Axiom Securities | Boost Price Target | Buy | $990.00 -> $1,000.00 | N/A | |
| 10/5/2016 | Macquarie | Reiterated Rating | Outperform | $975.00 | N/A | |
| 6/8/2016 | Maxim Group | Lower Price Target | Overweight | $865.00 -> $850.00 | N/A | |
(Data available from 4/26/2016 forward)
Alphabet (NASDAQ:GOOGL) Dividend History by Quarter
| Announced | Period | Amount | Yield | Ex-Dividend Date | Record Date | Payable Date |
|---|
(Data available from 1/1/2013 forward)
Alphabet (NASDAQ GOOGL) Insider Trading and Institutional Ownership History
Insider Ownership Percentage: 13.20%
Institutional Ownership Percentage: 34.41%
Alphabet (NASDAQ GOOGL) Insider Trading History
| Transaction Date | Insider Name | Title | Buy/Sell | Number of Shares | Average Share Price | Total Transaction | Shares Held After Transaction | Details |
|---|
(Data available from 1/1/2013 forward)
Alphabet (NASDAQ GOOGL) News Headlines
| Source: |
|
| Date | Headline |
|---|
 | Analyzing Alphabet (GOOGL) and Its Competitors
www.americanbankingnews.com - April 26 at 11:15 PM |
 | YouTube cracks down on disturbing children’s videos
finance.yahoo.com - April 26 at 3:03 PM |
| 5 thorniest questions about regulating big tech
finance.yahoo.com - April 26 at 3:03 PM |
| Will Google’s Waymo Get Permit to Test Autonomous Cars?
finance.yahoo.com - April 26 at 3:03 PM |
 | How Alphabet Inc Is Avoiding the Facebook Trap
investorplace.com - April 26 at 2:36 PM |
| KeyCorp Weighs in on Alphabet Inc.'s FY2018 Earnings (GOOGL)
www.americanbankingnews.com - April 26 at 10:24 AM |
| FY2018 EPS Estimates for Alphabet Inc. Raised by Analyst (GOOGL)
www.americanbankingnews.com - April 26 at 10:24 AM |
| Q3 2018 EPS Estimates for Alphabet Inc. Raised by William Blair (GOOGL)
www.americanbankingnews.com - April 26 at 9:44 AM |
| Q3 2018 EPS Estimates for Alphabet Inc. (GOOGL) Reduced by Analyst
www.americanbankingnews.com - April 26 at 9:44 AM |
| Alphabet Inc. to Post Q3 2018 Earnings of $10.85 Per Share, Oppenheimer Forecasts (GOOGL)
www.americanbankingnews.com - April 26 at 9:44 AM |
| Q2 2018 Earnings Forecast for Alphabet Inc. Issued By SunTrust Banks (GOOGL)
www.americanbankingnews.com - April 26 at 9:08 AM |
 | Alphabet closes down nearly 5 percent, as Wall Street warns of less profitable near-term
www.cnbc.com - April 25 at 3:10 PM |
| Alphabet upgraded to buy at Stifel
www.cnbc.com - April 25 at 3:10 PM |
| NYSE suspends trading in Amazon, Alphabet on floor because of issue with their $1000 stock prices
www.cnbc.com - April 25 at 3:10 PM |
| NYSE suspends trading in Amazon, Google-parent Alphabet, other stocks, due to glitch
finance.yahoo.com - April 25 at 3:10 PM |
| NYSE Suspends Trading on Amazon, Google Over Data Glitch
finance.yahoo.com - April 25 at 3:10 PM |
| You have to try the new Gmail
finance.yahoo.com - April 25 at 3:10 PM |
| NYSE Closes Google, Amazon Trades, But Nasdaq Keeps Them Open
finance.yahoo.com - April 25 at 3:10 PM |
| [$$] Once Market Darlings, Tech Stocks Enter 'Prove-It-To-Me' Era
finance.yahoo.com - April 25 at 3:10 PM |
| NYSE glitch forces Amazon and Alphabet traders elsewhere
finance.yahoo.com - April 25 at 3:10 PM |
| Google: Gmail Gets Its First Overhaul Since 2013
finance.yahoo.com - April 25 at 3:10 PM |
| Tencent Nears Bear Market on Tech Sector Woes
finance.yahoo.com - April 25 at 3:10 PM |
| Twitter's Turnaround Continues but Investors Don't Seem Entirely Convinced
finance.yahoo.com - April 25 at 3:10 PM |
| NYSE Suspends Trading for Some Shares of Nasdaq-Listed Amazon, Alphabet
finance.yahoo.com - April 25 at 3:10 PM |
| Alphabet (GOOGL) Upgraded by Zacks Investment Research to "Hold"
www.americanbankingnews.com - April 25 at 11:36 AM |
 | Businesses balance Facebook privacy concerns, ad needs
marketbeat.com - April 25 at 11:21 AM |
| Alphabet (GOOGL) Upgraded at TheStreet
www.americanbankingnews.com - April 25 at 10:30 AM |
| SunTrust Banks Analysts Reduce Earnings Estimates for Alphabet Inc. (GOOGL)
www.americanbankingnews.com - April 25 at 9:38 AM |
| Analysts Offer Predictions for Alphabet Inc.'s Q2 2018 Earnings (GOOGL)
www.americanbankingnews.com - April 25 at 8:48 AM |
| Q2 2018 Earnings Forecast for Alphabet Inc. (GOOGL) Issued By B. Riley
www.americanbankingnews.com - April 25 at 8:48 AM |
| Q2 2018 EPS Estimates for Alphabet Inc. Decreased by Jefferies Group (GOOGL)
www.americanbankingnews.com - April 25 at 8:48 AM |
| Q2 2018 EPS Estimates for Alphabet Inc. Reduced by KeyCorp (GOOGL)
www.americanbankingnews.com - April 25 at 8:14 AM |
| Oppenheimer Research Analysts Lift Earnings Estimates for Alphabet Inc. (GOOGL)
www.americanbankingnews.com - April 25 at 8:14 AM |
| Q2 2018 EPS Estimates for Alphabet Inc. Raised by William Blair (GOOGL)
www.americanbankingnews.com - April 25 at 7:43 AM |
 | What's Behind $3 Billion of Alphabet's Earnings Gain
blogs.wsj.com - April 25 at 5:01 AM |
 | Alphabet, Inc. Earnings Highlight Powerful Momentum
www.nasdaq.com - April 25 at 5:01 AM |
| Cramer says Alphabet's recent declines are a buying opportunity
www.cnbc.com - April 25 at 5:01 AM |
| Financial Contrast: Alphabet (GOOGL) vs. The Competition
www.americanbankingnews.com - April 24 at 9:18 PM |
| Stifel Nicolaus Upgrades Alphabet (GOOGL) to Buy
www.americanbankingnews.com - April 24 at 9:06 PM |
| Alphabet Inc (GOOGL) Spending Big on Nest to Combat Amazon in Smart Home
investorplace.com - April 24 at 3:15 PM |
| Alphabet Inc Stock Is Plunging, But It's Still a Sure Thing
finance.yahoo.com - April 24 at 3:10 PM |
 | Tech Today: Verizon Inflects, Alphabet Spends, Apple Sinks Chips
www.barrons.com - April 24 at 3:10 PM |
| Dow drops 600 points — tech shares like Alphabet and Amazon get pummeled
www.cnbc.com - April 24 at 3:10 PM |
 | Alphabet, Inc. Engineers Another Quarterly Beat
www.fool.com - April 24 at 3:10 PM |
| Watch the Dow's wild day on the Big Board
finance.yahoo.com - April 24 at 3:10 PM |
| Alphabet Inc Stock Is Plunging, But It’s Still a Sure Thing
investorplace.com - April 24 at 10:15 AM |
| Alphabet (GOOGL) Earns Hold Rating from Canaccord Genuity
www.americanbankingnews.com - April 24 at 9:12 AM |
| Alphabet's (GOOGL) "Buy" Rating Reaffirmed at Monness Crespi & Hardt
www.americanbankingnews.com - April 24 at 8:58 AM |
| Alphabet (GOOGL) PT Lowered to $970.00
www.americanbankingnews.com - April 24 at 8:55 AM |
| Alphabet (GOOGL) Receives Overweight Rating from KeyCorp
www.americanbankingnews.com - April 24 at 8:54 AM |
Alphabet (NASDAQ:GOOGL) SEC Filings
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Alphabet (NASDAQ:GOOGL) Income Statement, Balance Sheet and Cash Flow Statement
Alphabet (NASDAQ GOOGL) Stock Chart for Thursday, April, 26, 2018
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