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.
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Industry, Sector and Symbol
Industry Computer programming, data processing, & other computer related
Sub-IndustryN/A
SectorComputer and Technology
Phone650-253-0000
Debt
Price-To-Earnings
Sales & Book Value
Annual Sales$161.86 billion
Profitability
Miscellaneous
Employees118,899
Next Earnings Date5/4/2020 (Estimated)
OptionableOptionable
Alphabet (NASDAQ:GOOGL) Frequently Asked Questions
What is Alphabet's stock symbol?
Alphabet trades on the NASDAQ under the ticker symbol "GOOGL."
How were Alphabet's earnings last quarter?
Alphabet Inc (NASDAQ:GOOGL) released its quarterly earnings data on Monday, February, 3rd. The information services provider reported $15.35 earnings per share for the quarter, beating the Zacks' consensus estimate 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 quarter last year, the business posted $12.77 EPS. View Alphabet's Earnings History.
When is Alphabet's next earnings date?
What price target have analysts set for GOOGL?
43 brokers have issued 12-month price targets for Alphabet's stock. Their forecasts range from $1,197.00 to $1,800.00. On average, they expect Alphabet's stock price to reach $1,526.49 in the next twelve months. This suggests a possible upside of 2.9% from the stock's current price. View Analyst Price Targets for Alphabet.
What is the consensus analysts' recommendation for Alphabet?
43 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Alphabet in the last year. There are currently 5 hold ratings and 38 buy ratings for the stock, resulting in a consensus recommendation of "Buy." 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 will continue to be driven by improving search & advertising revenues, hardware and AI. Its strong focus on bolstering presence in the cloud market on the back of expanding data centers and robust cloud offerings continues to aid growth. The company’s strong initiatives toward elimination of bad ads and introducing useful major search updates are tailwinds. Google’s robust mobile search is also a positive. Its strong focus on innovation of its AI techniques and the home automation space is aiding business growth. The stock has outperformed the industry in the past year. However, the company’s growing litigation issues, growing competition, and increased spending on YouTube might hurt profitability." (10/25/2019)
- 2. Stifel Nicolaus analysts commented, "We forecast 2Q gross revenue growth +17% y/y (+17% Street) for Alphabet (from +19% FX-adj. / +17% reported in 1Q). Our EPS estimates are just ahead of the Street as TAC trends and headcount growth moderate. We view shares as fairly-valued at current levels and believe the multiple is likely to remain range bound as the stock works through a deceleration digestion period with lower visibility into near-term revenue growth rates." (7/23/2019)
- 3. SunTrust Banks, Inc. analysts commented, "We remain constructive on GOOGL into 2Q earnings on 7/25, as our checks with marketers support our estimates/consensus, showing only a slight deceleration in the top line despite strong showing from Amazon and continued regulatory pressure from the EU and the US. We expect GOOGL to show above-industry y/y growth driven by strength in Sites (from both search and video (YouTube)), along with contributions from emerging areas such as GCP and hardware. We believe the stock remains reasonably valued at 11.5x EV/ EBITDA and 24.4x P/E on our FY19 estimates, and maintain a Buy rating. Expecting In-Line 2Q19 Results. We believe Google will report a relatively in-line quarter following a weaker than expected print in 1Q19. Our estimates call for a continued deceleration in net revenues to 16.6% y/y growth (from 18.6% in 1Q19) or $30.6 billion and adj." (7/22/2019)
Has Alphabet been receiving favorable news coverage?
Media headlines about GOOGL stock have been trending somewhat negative recently, InfoTrie Sentiment reports. The research firm identifies positive and negative press coverage by analyzing more than six thousand blog and news sources. The firm ranks coverage of public companies on a scale of negative five to positive five, with scores closest to five being the most favorable. Alphabet earned a media sentiment score of -1.7 on InfoTrie's scale. They also gave press coverage about the information services provider a news buzz of 10.0 out of 10, meaning that recent press coverage is extremely likely to have an effect on the company's share price in the next several days. View News Stories for Alphabet.
Are investors shorting Alphabet?
Alphabet saw a drop in short interest during the month of January. As of January 31st, there was short interest totalling 3,130,000 shares, a drop of 11.8% from the January 15th total of 3,550,000 shares. Based on an average daily trading volume, of 1,460,000 shares, the days-to-cover ratio is presently 2.1 days. Approximately 1.1% of the company's stock are sold short. View Alphabet's Current Options Chain.
Who are some of Alphabet's key competitors?
Some companies that are related to Alphabet include Alphabet (GOOG), Facebook (FB), Baidu (BIDU), IHS Markit (INFO), Twitter (TWTR), Zoom Video Communications (ZM), Snap (SNAP), Match Group (MTCH), Yandex (YNDX), Trade Desk (TTD), Pinterest (PINS), FactSet Research Systems (FDS), Line (LN), Weibo (WB) and 58.com (WUBA).
What other stocks do shareholders of Alphabet own?
Who are Alphabet's key executives?
Alphabet's management team includes the folowing people:
- Mr. Lawrence Edward Page, Co-Founder, CEO & Director (Age 46)
- Mr. Sergey Brin, Co-Founder, Pres & Director (Age 45)
- Ms. Ruth Myrna Porat, Sr. VP & CFO (Age 61)
- Mr. David C. Drummond, Sr. VP of Corp. Devel., Chief Legal Officer & Sec. (Age 56)
- Ms. Amie Thuener O'Toole, Chief Accounting Officer & VP (Age 43)
Who are Alphabet's major shareholders?
Alphabet's stock is owned by a variety of of institutional and retail investors. Top institutional investors include FMR LLC (1.96%), State Street Corp (1.69%), Geode Capital Management LLC (0.68%), Capital Research Global Investors (0.48%), Bank of New York Mellon Corp (0.44%) and Capital World Investors (0.41%).
Which institutional investors are selling Alphabet stock?
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.
Which institutional investors are buying Alphabet stock?
GOOGL stock was bought by a variety of institutional investors in the last quarter, including Johanson Financial Advisors Inc., DekaBank Deutsche Girozentrale, Altarock Partners LLC, Amundi Pioneer Asset Management Inc., MUFG Securities EMEA plc, Renaissance Technologies LLC, Fiera Capital Corp and Jackson Square Partners LLC.
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, Robinhood, Fidelity and Charles Schwab.
What is Alphabet's stock price today?
One share of GOOGL stock can currently be purchased for approximately $1,483.46.
How big of a company is Alphabet?
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.View Additional Information About Alphabet.
What is Alphabet's official website?
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 (NASDAQ 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.
