NASDAQ:GOOGL

Alphabet - GOOGL Stock Forecast, Price & News

$99.37

+1.85 (+1.90%)

(As of 01/27/2023 08:55 PM ET)

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Today's Range: $97.31
▼
$100.32
50-Day Range: $86.02
▼
$100.99
52-Week Range: $83.34
▼
$151.55

Volume: 33.88 million shs
Average Volume: 34.21 million shs
Market Capitalization: $1.29 trillion

P/E Ratio: 19.73
Dividend Yield: N/A
Price Target: $132.20

Institutional Ownership

Alphabet MarketRank™ Forecast

Analyst Rating: Moderate Buy
2.92 Rating Score
Upside/Downside: 33.0% Upside
$132.20 Price Target
Short Interest: Healthy
0.31% of Shares Sold Short
Dividend Strength: N/A
Sustainability: N/A
News Sentiment: 0.41
Based on 33 Articles This Week
Insider Trading: Acquiring Shares
$23.40 M Bought Last Quarter
Proj. Earnings Growth: 7.91%
From $4.68 to $5.05 Per Share

Overall MarketRank^™

MarketRank is calculated as an average of available category scores, with extra weight given to analysis and valuation.

3.21 out of 5 stars

Computer And Technology Sector

8th out of 630 stocks

Computer Programming, Data Processing, & Other Computer Related Industry

3rd out of 64 stocks

4.5

Analyst's Opinion

Consensus Rating
Alphabet has received a consensus rating of Buy. The company's average rating score is 2.92, and is based on 32 buy ratings, 4 hold ratings, and no sell ratings.
Price Target Upside/Downside
According to analysts' consensus price target of $132.20, Alphabet has a forecasted upside of 33.0% from its current price of $99.37.
Amount of Analyst Coverage
Alphabet has been the subject of 8 research reports in the past 90 days, demonstrating strong analyst interest in this stock.

5.0

Short Interest

Percentage of Shares Shorted
0.31% of the outstanding shares of Alphabet have been sold short.
Short Interest Ratio / Days to Cover
Alphabet has a short interest ratio ("days to cover") of 1.2, which is generally considered an acceptable ratio of short interest to trading volume.
Change versus previous month
Short interest in Alphabet has recently decreased by 6.29%, indicating that investor sentiment is improving significantly.

0.0

Dividend Strength

Dividend Yield
Alphabet does not currently pay a dividend.
Dividend Growth
Alphabet does not have a long track record of dividend growth.

N/A

Sustainability and ESG

Overall ESG (Environmental, Social, and Governance) Score
There is no current Upright™ data available for GOOGL.

3.0

News and Social Media Coverage

News Sentiment
Alphabet has a news sentiment score of 0.41. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a lower news sentiment than the 0.53 average news sentiment score of Computer and Technology companies.
News Coverage This Week
MarketBeat has tracked 33 news articles for Alphabet this week, compared to 21 articles on an average week.
Social Mentions This Week
MarketBeat has tracked 6 reddit mentions for Alphabet this week, compared to 8 mentions on an average week.
Search Interest
289 people have searched for GOOGL on MarketBeat in the last 30 days. This is an increase of 32% compared to the previous 30 days.
MarketBeat Follows
644 people have added Alphabet to their MarketBeat watchlist in the last 30 days. This is an increase of 12% compared to the previous 30 days.

2.5

Company Ownership

Insider Buying vs. Insider Selling
In the past three months, Alphabet insiders have bought 141.23% more of their company's stock than they have sold. Specifically, they have bought $23,399,217.00 in company stock and sold $9,699,988.00 in company stock.
Percentage Held by Insiders
11.44% of the stock of Alphabet is held by insiders. A high percentage of insider ownership can be a sign of company health.
Percentage Held by Institutions
Only 34.06% of the stock of Alphabet is held by institutions.

2.5

Earnings and Valuation

Earnings Growth
Earnings for Alphabet are expected to grow by 7.91% in the coming year, from $4.68 to $5.05 per share.
Price to Earnings Ratio vs. the Market
The P/E ratio of Alphabet is 19.73, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 130.11.
Price to Earnings Ratio vs. Sector
The P/E ratio of Alphabet is 19.73, which means that it is trading at a less expensive P/E ratio than the Computer and Technology sector average P/E ratio of about 340.26.
Price to Earnings Growth Ratio
Alphabet has a PEG Ratio of 1.74. PEG Ratios above 1 indicate that a company could be overvalued.
Price to Book Value per Share Ratio
Alphabet has a P/B Ratio of 5.22. P/B Ratios above 3 indicate that a company could be overvalued with respect to its assets and liabilities.

See Top Rated MarketRank™ Stocks Here

About Alphabet (NASDAQ:GOOGL) Stock

Alphabet Inc. is the parent company of a host of technology services that include the iconic Google search engine and all the associated apps that go with it. The company is the G in the FAANG stock acronym and a blue-chip operator of Internet infrastructure. The company was founded on September 4 1998 by Larry Page and Sergey Brin while the two were Ph.D. students at Stanford.

The original product was a tool for searching the rapidly growing Internet that revolutionized the budding Search Engine industry. Since its founding, Google has become the world’s premier and leading search engine commanding an estimated 86% of the search market in 2021. The company abruptly changed its name and operating structure in 2015 making it a parent company with Google a subsidiary. This provided some protection against anti-trust lawsuits, improved accounting, and allowed the company to expand into areas outside of search.

Alphabet provides various products and platforms globally, where it is permitted, and operates in three broad segments. The three operating segments are Google Services, Google Cloud, and Other Bets. The company is headquartered in Mountain View, California, and is located within a sprawling complex of modernized and new buildings called the Googleplex. The Googleplex is prominently located within the San Francisco Bay Area and is the company’s largest complex. Employees working in the Googleplex are afforded free transportation on the company’s shuttle bus system as well as other ground-breaking perks.

The Google Services segment is the core of the business. Google Services is built around the Google Search Engine and offers products and services to both businesses and consumers. Among the many revenue streams are search-related ad sales, Android operating system for mobile devices, Chrome web browser, assorted hardware, Gmail email accounts, Google Drive cloud-based office suite, Google Maps mapping, geolocation, and GPS tools as well as Google Photos, Google Play, and YouTube which it leverages in a variety of ways. Other revenue streams include apps and in-app sales via the Google Play store, the sale of Fitbit devices, and Google Nest smart-home products.

The Google Cloud segment is the less visible of the two major operating segments but is no less important to the infrastructure of the Internet or the company’s bottom line. The Google Cloud segment offers cloud-based infrastructure, operating platforms, and other services for business as well as a suite of cloud-based products of its own. The Google Workspace includes project management and collaboration tools such as Docs, Drive, Calendar, and Meet. Google cloud services account for roughly 9% of the global cloud market share making it the 3rd largest operator.

The Other Bets segment is Alphabet’s venture capital arm and it invests in technologies of all kinds and at all stages of development. Some of the projects under the Other Bets umbrella include Waymo and Verily. Waymo was formerly known as Google’s self-driving car project and is focused on self-driving vehicles and related technologies. Verily is focused on the healthcare sector and aims to help detect, prevent, and manage diseases.

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GOOGL Stock News Headlines

January 30, 2023 | marketbeat.com

Why Extreme Networks is a Recession-Proof Technology Play (GOOGL)

Spending cuts and layoffs are continually making headlines as the economy contracts. Some of the most prominent household names have announced plans or

January 30, 2023 | marketbeat.com

Can Yext A.I. Search Platform Drive Growth in 2023? (GOOGL)

Enterprise artificial intelligence (A.I.) powered search platform provider Yext Inc. (NASDAQ: YEXT) stock has been rising as it implements its restructuring

January 30, 2023 | Porter & Company (Ad)

The Next Big Crisis Is Here

You just can’t see it yet because it’s NOT a banking, financial, or economic crisis… it’s far worse and threatens every dollar in your retirement account.

January 28, 2023 | marketbeat.com

MarketBeat Week in Review – 1/23- 1/27 (GOOGL)

Markets were pushing hard to continue the rally as.recession fears and layoff announcements offset two data points that suggest inflation may be easing

January 25, 2023 | marketbeat.com

Should You Bet Against The Nasdaq 100 With This Inverse ETF? (GOOGL)

As big-tech layoffs pile up, more investors are betting against the sector, as evidenced by flows of $913.74 million into the ProShares UltraPro Short QQQ.

January 24, 2023 | marketbeat.com

Justice Dept. sues Google over digital advertising dominance

The Justice Department and several states have sued Google, alleging that its dominance in digital advertising harms competition

January 24, 2023 | marketbeat.com

What Does Microsoft’s Investment in ChatGBT Mean for MSFT Stock? (GOOGL)

is Microsoft's $10 billion investment in OpenAI money well spent? Is it part of a larger plan? And what does all of this mean for MSFT stock?

January 23, 2023 | marketbeat.com

China's Huawei looks to ports, factories to rebuild sales

As technicians in a distant control room watch on display screens, an automated crane at one of China’s busiest ports moves cargo containers from a Japanese freighter to self-driving trucks in a scene tech giant Huawei sees as its future after American sanctions crushed its global smartphone brand

January 30, 2023 | Porter & Company (Ad)

The Next Big Crisis Is Here

You just can’t see it yet because it’s NOT a banking, financial, or economic crisis… it’s far worse and threatens every dollar in your retirement account.

January 23, 2023 | marketbeat.com

UiPath is the Blue-Collar AI Platform to Watch in 2023 (GOOGL)

Robotic process automation (RPA) leader UiPath inc. (NASDAQ: PATH) stock has been rising with other artificial intelligence (AI) providers thanks to ChapGPT.

January 23, 2023 | marketbeat.com

Is C3.ai Stock a ChatGPT Artificial Intelligence Play? (GOOGL)

You've seen the headlines about the artificial intelligence (AI) platform ChatGPT being able to write term papers and articles in a matter of minutes.

January 17, 2023 | marketbeat.com

Michael Burry is Bearish on Stocks Again and Heres Why (GOOGL)

Burry and other legendary investors believe the worst is coming for the stock market and more broadly the global economy, here's why.

January 29, 2023 | americanbankingnews.com

Ann Mather Sells 340 Shares of Alphabet Inc. (NASDAQ:GOOGL) Stock

January 28, 2023 | americanbankingnews.com

Alphabet (NASDAQ:GOOGL) PT Raised to $145.00

January 27, 2023 | finance.yahoo.com

Analysis-Google faces greater threat of forced ad unit sale from U.S. lawsuit

January 26, 2023 | finance.yahoo.com

UPDATE 1-U.S. lawsuit against Google could benefit Apple and others

January 26, 2023 | americanbankingnews.com

MKM Partners Trims Alphabet (NASDAQ:GOOGL) Target Price to $120.00

January 26, 2023 | americanbankingnews.com

Alphabet Inc. (NASDAQ:GOOGL) Insider John Kent Walker Sells 11,313 Shares

January 25, 2023 | finance.yahoo.com

RPT-UPDATE 3-Google makes changes to Android in India after antitrust setbacks

January 24, 2023 | finance.yahoo.com

Google Gets Slapped with DOJ Case Over Alleged Digital Ad Monopoly

January 24, 2023 | finance.yahoo.com

Dow Jones Rises; Google Faces Anti Trust Action From Department Of Justice; Microsoft On Tap

January 24, 2023 | finance.yahoo.com

Google, Amazon and Earnings: Watch TheStreet Today Live

January 23, 2023 | finance.yahoo.com

Google backs out of project on Kirkland car dealership site

January 23, 2023 | finance.yahoo.com

Microsoft’s big move in AI does not mean it will challenge Google in search

January 23, 2023 | finance.yahoo.com

Google to Reduce Top Executive Bonuses, CEO Sundar Pichai Says

January 23, 2023 | finance.yahoo.com

Google’s Pichai Tells Staff Cuts Avoided ‘Much Worse’ Issues

January 22, 2023 | americanbankingnews.com

Morgan Stanley Raises Alphabet (NASDAQ:GOOGL) Price Target to $125.00

See More Headlines

30 days | 90 days | 365 days | Advanced Chart

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GOOGL Company Calendar

Last Earnings: 10/25/2021
Today: 1/30/2023
Next Earnings (Confirmed): 2/02/2023
Fiscal Year End: 12/31/2023

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Industry, Sector and Symbol

Stock Exchange: NASDAQ
Industry: Computer programming, data processing, & other computer related
Sub-Industry: N/A
Sector: Computer and Technology
Current Symbol: NASDAQ:GOOGL
CUSIP: N/A
CIK: 1652044
Web: www.abc.xyz
Phone: (650) 253-0000
Fax: 650-253-0001
Employees: 156,500
Year Founded: 2015

Price Target and Rating

Average Stock Price Forecast: $132.20
High Stock Price Forecast: $165.00
Low Stock Price Forecast: $113.00
Forecasted Upside/Downside: +33.0%
Consensus Rating: Moderate Buy
Rating Score (0-4): 2.92
Research Coverage: 37 Analysts

Profitability

EPS (Most Recent Fiscal Year): $5.0355
Trailing P/E Ratio: 19.73
Forward P/E Ratio: 21.23
P/E Growth: 1.74
Net Income: $76.03 billion
Net Margins: 23.75%
Pretax Margin: 27.85%
Return on Equity: 26.41%
Return on Assets: 18.74%

Debt

Debt-to-Equity Ratio: 0.06
Current Ratio: 2.52
Quick Ratio: 2.47

Sales & Book Value

Annual Sales: $257.64 billion
Price / Sales: 4.99
Cash Flow: $6.69 per share
Price / Cash Flow: 14.85
Book Value: $19.03 per share
Price / Book: 5.22

Miscellaneous

Outstanding Shares: 12,943,000,000
Free Float: 11,462,321,000
Market Cap: $1.29 trillion
Optionable: Optionable
Beta: 1.09

Social Links

Key Executives

Sundar Pichai
Chief Executive Officer & Director

Ruth M. Porat
Chief Financial Officer & Senior Vice President

Amie Thuener
Chief Accounting Officer & Vice President

Cory R. Ondrejka
Vice President

Juan Rajlin
Treasurer & Vice President

Key Competitors

View All Competitors

Insiders & Institutions

View All Insider Transactions
View All Institutional Transactions

GOOGL Stock - Frequently Asked Questions

Should I buy or sell Alphabet stock right now?: 37 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for Alphabet in the last twelve months. There are currently 4 hold ratings, 32 buy ratings and 1 strong buy rating for the stock. The consensus among Wall Street research analysts is that investors should "buy" GOOGL shares.
View GOOGL analyst ratings or view top-rated stocks.
What is Alphabet's stock price forecast for 2023?: 37 analysts have issued 12-month price targets for Alphabet's shares. Their GOOGL share price forecasts range from $113.00 to $165.00. On average, they predict the company's stock price to reach $132.20 in the next year. This suggests a possible upside of 33.0% from the stock's current price.
View analysts price targets for GOOGL or view top-rated stocks among Wall Street analysts.
How have GOOGL shares performed in 2023?: Alphabet's stock was trading at $88.23 at the beginning of the year. Since then, GOOGL stock has increased by 12.6% and is now trading at $99.37.
View the best growth stocks for 2023 here.
When is Alphabet's next earnings date?: The company is scheduled to release its next quarterly earnings announcement on Thursday, February 2nd 2023.
View our GOOGL earnings forecast.
How can I listen to Alphabet's earnings call?: Alphabet will be holding an earnings conference call on Thursday, February 2nd at 4:30 PM Eastern. Interested parties can register for or listen to the call using this link.
How were Alphabet's earnings last quarter?: Alphabet Inc. (NASDAQ:GOOGL) released its quarterly earnings results on Monday, October, 25th. The information services provider reported $1.40 EPS for the quarter, beating the consensus estimate of $1.16 by $0.24. The information services provider had revenue of $53.62 billion for the quarter, compared to analyst estimates of $51.80 billion. Alphabet had a trailing twelve-month return on equity of 26.41% and a net margin of 23.75%. During the same period in the prior year, the business posted $0.82 EPS.
Read the conference call transcript.

When did Alphabet's stock split?: Shares of Alphabet split on Monday, July 18th 2022. The 20-1 split was announced on Tuesday, February 1st 2022. The newly issued shares were issued to shareholders after the closing bell on Friday, July 15th 2022. An investor that had 100 shares of stock prior to the split would have 2,000 shares after the split.
What is Alphabet's stock symbol?: Alphabet trades on the NASDAQ under the ticker symbol "GOOGL."
Who are Alphabet's major shareholders?: Alphabet's stock is owned by many different retail and institutional investors. Top institutional investors include DNB Asset Management AS (0.06%), New York State Teachers Retirement System (0.05%), Allspring Global Investments Holdings LLC (0.05%), Bank Julius Baer & Co. Ltd Zurich (0.05%), Fifth Third Bancorp (0.03%) and Metropolis Capital Ltd (0.03%). Insiders that own company stock include 2016 Gp LLC Gv, 2017 Gp LLC Gv, 2019 Gp LLC Gv, 2021 Gp LLC Gv, Amie Thuener O'toole, Ann Mather, Brin Sergey, Frances Arnold, John Kent Walker, John L Hennessy, Lawrence Page, Philipp Schindler and Prabhakar Raghavan.
View institutional ownership trends.
How do I buy shares of Alphabet?: Shares of GOOGL stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.
Compare Top Brokerages Here.
What is Alphabet's stock price today?: One share of GOOGL stock can currently be purchased for approximately $99.37.
How much money does Alphabet make?: Alphabet (NASDAQ:GOOGL) has a market capitalization of $1.29 trillion and generates $257.64 billion in revenue each year. The information services provider earns $76.03 billion in net income (profit) each year or $5.0355 on an earnings per share basis.
How many employees does Alphabet have?: The company employs 156,500 workers across the globe.
How can I contact Alphabet?: Alphabet's mailing address is 1600 AMPHITHEATRE PARKWAY, MOUNTAIN VIEW CA, 94043. The official website for the company is www.abc.xyz. The information services provider can be reached via phone at (650) 253-0000, via email at investor-relations@abc.xyz, or via fax at 650-253-0001.

This page (NASDAQ:GOOGL) was last updated on 1/30/2023 by MarketBeat.com Staff

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Alphabet - GOOGL Stock Forecast, Price & News

Alphabet MarketRank™ Forecast

Overall MarketRank™

Analyst's Opinion

Short Interest

Percentage of Shares Shorted

Short Interest Ratio / Days to Cover

Change versus previous month

Dividend Strength

Sustainability and ESG

Overall ESG (Environmental, Social, and Governance) Score

News and Social Media Coverage

News Sentiment

News Coverage This Week

Social Mentions This Week

Search Interest

MarketBeat Follows

Company Ownership

Earnings and Valuation

About Alphabet (NASDAQ:GOOGL) Stock

GOOGL Stock News Headlines

GOOGL Company Calendar

Industry, Sector and Symbol

Price Target and Rating

Profitability

Debt

Sales & Book Value

Miscellaneous

Social Links

Key Executives

Key Competitors

Insiders & Institutions

GOOGL Stock - Frequently Asked Questions

Overall MarketRank^™