NASDAQ:GOOGLAlphabet Stock Price, Forecast & News

Alphabet's stock was trading at $1,210.90 on March 11th, 2020 when Coronavirus reached pandemic status according to the World Health Organization. Since then, GOOGL shares have increased by 19.1% and is now trading at $1,442.00. 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) issued its earnings results on Tuesday, April, 28th. The information services provider reported $9.87 earnings per share 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 net margin of 20.71% and a return on equity of 17.43%. During the same period last year, the company posted $9.50 EPS. View Alphabet's earnings history.

44 brokerages have issued 1 year price targets for Alphabet's stock. Their forecasts range from $1,300.00 to $1,800.00. On average, they expect Alphabet's share price to reach $1,541.16 in the next year. This suggests a possible upside of 6.9% from the stock's current price. View analysts' price targets for Alphabet.

News stories about GOOGL stock have been trending very negative recently, according to InfoTrie. InfoTrie rates the sentiment of news coverage by reviewing more than six thousand news and blog sources in real time. The firm ranks coverage of companies on a scale of negative five to positive five, with scores closest to five being the most favorable. Alphabet earned a news impact score of -3.3 on InfoTrie's scale. They also assigned news stories 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 next several days. View the latest news about Alphabet.

Alphabet saw a drop in short interest in 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 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), 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 many different 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%), Confluence Investment Management LLC (0.00%) and Thomasville National Bank (0.00%).

GOOGL stock was sold by a variety of institutional investors in the last quarter, including M&R Capital Management Inc., 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 Park National Corp OH, and Thomasville National Bank.

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 $1,442.00.

Alphabet has a market capitalization of $984.34 billion 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]