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 (WHO). Since then, GOOGL stock has increased by 23.0% and is now trading at $1,489.92. 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) announced its earnings results on Tuesday, April, 28th. The information services provider reported $9.87 earnings per share for the quarter, missing the consensus estimate of $11.16 by $1.29. The information services provider had revenue of $33.71 billion for the quarter, compared to analyst estimates 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 company posted $9.50 earnings per share. View Alphabet's earnings history.

44 brokerages have issued twelve-month target prices for Alphabet's shares. Their forecasts range from $1,300.00 to $1,800.00. On average, they expect Alphabet's stock price to reach $1,541.16 in the next year. This suggests a possible upside of 3.4% from the stock's current price. View analysts' price targets for Alphabet.

News stories about GOOGL stock have been trending negative on Tuesday, according to InfoTrie Sentiment. InfoTrie ranks the sentiment of media 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 daily sentiment score of -2.1 on InfoTrie's scale. They also gave media headlines about the information services provider a news buzz of 0.0 out of 10, meaning that recent media coverage is extremely unlikely to have an effect on the company's share price in the next few days. View the latest news about Alphabet.

Alphabet saw a drop in short interest in the month of June. As of June 30th, there was short interest totaling 3,110,000 shares, a drop 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 days-to-cover ratio is presently 1.4 days. Currently, 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 many different retail and institutional investors. Top institutional shareholders include Metropolis Capital Ltd (0.01%), State of Alaska Department of Revenue (0.01%), Park National Corp OH (0.00%), Cullinan Associates Inc. (0.00%), Robecosam AG (0.00%) and Diversified Trust Co (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, Renaissance Investment Group LLC, M&R Capital Management Inc., Capital Investment Services of America Inc., American National Bank, and Nelson Van Denburg & Campbell Wealth Management Group LLC.

GOOGL stock was acquired by a variety of institutional investors in the last quarter, including State of Alaska Department of Revenue, Park National Corp OH, Robecosam AG, Farmers Trust Co., Diversified Trust Co, Platte River Wealth Advisors LLC, Fulton Bank N. A., and Ellevest Inc..

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 $1,489.92.

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]