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. Since then, GOOGL shares have increased by 23.8% and is now trading at $1,499.65. 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 quarterly earnings data on Tuesday, April, 28th. The information services provider reported $9.87 EPS for the quarter, missing the Thomson Reuters' consensus estimate of $11.16 by $1.29. The information services provider earned $33.71 billion during the quarter, compared to the consensus estimate of $32.59 billion. Alphabet had a return on equity of 17.43% and a net margin of 20.71%. During the same period last year, the firm posted $9.50 EPS. View Alphabet's earnings history.

44 Wall Street analysts have issued 1 year price targets for Alphabet's shares. Their forecasts range from $1,300.00 to $1,800.00. On average, they anticipate Alphabet's stock price to reach $1,541.16 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.

Media coverage about GOOGL stock has been trending negative this week, InfoTrie Sentiment Analysis reports. InfoTrie identifies negative and positive news coverage by reviewing more than six thousand blog and news sources in real time. The firm ranks coverage of publicly-traded 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 -2.1 on InfoTrie's scale. They also gave news articles 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 company's share price in the immediate 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 volume of 2,220,000 shares, the short-interest ratio is presently 1.4 days. Approximately 1.0% of the shares of the 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 58.com (WUBA). View all competitors.

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

Alphabet's stock is owned by a number of institutional and retail investors. Top institutional shareholders include Metropolis Capital Ltd (0.01%), State of Alaska Department of Revenue (0.01%), Park National Corp OH (0.00%), Bath Savings Trust Co (0.00%), Farmers Trust Co. (0.00%) and M&R Capital Management Inc. (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, Corrado Advisors LLC, M&R Capital Management Inc., Capital Investment Services of America Inc., Nelson Van Denburg & Campbell Wealth Management Group LLC, Gantzert Investment Co. LLC ADV, and Confluence Investment Management LLC.

GOOGL stock was bought by a variety of institutional investors in the last quarter, including State of Alaska Department of Revenue, Park National Corp OH, Farmers Trust Co., Fulton Bank N. A., Ellevest Inc., Hummer Financial Advisory Services Inc, Anderson Hoagland & Co., and Bath Savings Trust Co.

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 $1,499.65.

Alphabet has a market capitalization of $1.02 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]