NASDAQ:GOOGL - Alphabet 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 stock has decreased by 8.3% and is now trading at $1,110.26. View which stocks have been mosted impacted by Coronavirus.

44 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Alphabet in the last year. There are currently 5 hold ratings and 39 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 Monday, May 4th 2020. View our earnings forecast for Alphabet.

Alphabet Inc (NASDAQ:GOOGL) posted its quarterly earnings results on Monday, February, 3rd. The information services provider reported $15.35 EPS for the quarter, beating analysts' consensus estimates of $12.76 by $2.59. The information services provider earned $37.57 billion during the quarter, compared to analyst estimates of $38.44 billion. Alphabet had a return on equity of 18.66% and a net margin of 21.22%. During the same period in the prior year, the business earned $12.77 earnings per share. View Alphabet's earnings history.

44 brokers have issued twelve-month price targets for Alphabet's shares. Their forecasts range from $1,197.00 to $1,800.00. On average, they expect Alphabet's stock price to reach $1,515.55 in the next twelve months. This suggests a possible upside of 36.5% from the stock's current price. View analysts' price targets for Alphabet.

Press coverage about GOOGL stock has trended extremely negative recently, according to InfoTrie. The research firm identifies positive and negative news coverage by monitoring 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 sentiment score of -4.0 on InfoTrie's scale. They also assigned headlines about the information services provider a news buzz of 10.0 out of 10, indicating that recent news coverage is extremely likely to have an effect on the stock's share price in the next few days. View the latest news aboutAlphabet.

Alphabet saw a increase in short interest during the month of March. As of March 13th, there was short interest totaling 4,025,100 shares, an increase of 34.6% from the February 27th total of 2,990,000 shares. Based on an average daily trading volume, of 2,754,500 shares, the short-interest ratio is currently 1.5 days. Currently, 1.4% of the shares of the company 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), IHS Markit (INFO), Twitter (TWTR), Match Group (MTCH), Snap (SNAP), Yandex (YNDX), Line (LN), FactSet Research Systems (FDS), Trade Desk (TTD), Pinterest (PINS), Weibo (WB) and 58.com (WUBA).

Based on aggregate information from My MarketBeat watchlists, some companies that other Alphabet investors own include NVIDIA (NVDA), Alibaba Group (BABA), Micron Technology (MU), General Electric (GE), Canopy Growth (CGC), Booking (BKNG), Netflix (NFLX), Tesla (TSLA), Verizon Communications (VZ) and Walt Disney (DIS).

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 investors include FMR LLC (1.96%), State Street Corp (1.69%), Norges Bank (0.74%), Geode Capital Management LLC (0.68%), Capital Research Global Investors (0.48%) and Bank of New York Mellon Corp (0.44%).

GOOGL stock was sold by a variety of institutional investors in the last quarter, including Artisan Partners Limited Partnership, FMR LLC, Capital Research Global Investors, Los Angeles Capital Management & Equity Research Inc., Lakewood Capital Management LP, Capital World Investors, DNB Asset Management AS, and Bank of New York Mellon Corp.

GOOGL stock was purchased by a variety of institutional investors in the last quarter, including Norges Bank, Johanson Financial Advisors Inc., DekaBank Deutsche Girozentrale, Altarock Partners LLC, Amundi Pioneer Asset Management Inc., MUFG Securities EMEA plc, Renaissance Technologies LLC, and Fiera Capital Corp.

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 $1,110.26.

Alphabet has a market capitalization of $763.06 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. View additional information about Alphabet.

The official website for Alphabet is http://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]