NASDAQ:GOOGLAlphabet Stock Price, Forecast & News

Alphabet's stock was trading at $1,210.90 on March 11th, 2020 when COVID-19 reached pandemic status according to the World Health Organization (WHO). Since then, GOOGL stock has increased by 24.2% and is now trading at $1,503.60. 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 quarterly earnings data on Tuesday, April, 28th. The information services provider reported $9.87 earnings per share (EPS) for the quarter, missing the consensus estimate of $11.16 by $1.29. The information services provider earned $33.71 billion during the quarter, compared to analyst estimates of $32.59 billion. Alphabet had a net margin of 20.71% and a return on equity of 17.43%. During the same quarter last year, the business earned $9.50 EPS. View Alphabet's earnings history.

44 brokers have issued 12-month price objectives for Alphabet's stock. 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 2.5% from the stock's current price. View analysts' price targets for Alphabet.

News articles about GOOGL stock have trended negative on Thursday, InfoTrie reports. InfoTrie ranks the sentiment of news coverage by analyzing more than six thousand news and blog sources in real time. The firm ranks coverage of public companies on a scale of -5 to 5, with scores closest to five being the most favorable. Alphabet earned a media sentiment score of -2.1 on InfoTrie's scale. They also assigned media 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 effect on the stock's share price in the immediate future. View the latest news about Alphabet.

Alphabet saw a drop in short interest in 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 trading volume of 2,220,000 shares, the short-interest ratio is presently 1.4 days. Approximately 1.0% of the company's shares 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 Livongo Health (LVGO). View all competitors.

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 shareholders include DNB Asset Management AS (0.04%), Envestnet Asset Management Inc. (0.02%), Metropolis Capital Ltd (0.01%), State of Alaska Department of Revenue (0.01%), Riverbridge Partners LLC (0.00%) and Park National Corp OH (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 bought by a variety of institutional investors in the last quarter, including DNB Asset Management AS, Envestnet Asset Management Inc., State of Alaska Department of Revenue, Park National Corp OH, Robecosam AG, Farmers Trust Co., Riverbridge Partners LLC, and Clarius Group LLC.

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 $1,503.60.

Alphabet has a market capitalization of $1.03 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]