Alphabet (NASDAQ:GOOGL) Stock Price Expected to Rise, Citizens Jmp Analyst Says

Alphabet (NASDAQ:GOOGL) had its price target boosted by investment analysts at Citizens Jmp from $385.00 to $515.00 in a note issued to investors on Monday,Benzinga reports. The firm currently has a “market outperform” rating on the information services provider’s stock. Citizens Jmp’s target price suggests a potential upside of 34.43% from the company’s current price.

Other research analysts have also issued research reports about the stock. Piper Sandler reiterated an “overweight” rating and issued a $425.00 price target (up from $395.00) on shares of Alphabet in a research note on Thursday. Barclays reiterated an “overweight” rating and issued a $405.00 price target (up from $360.00) on shares of Alphabet in a research note on Thursday. Loop Capital upped their price target on shares of Alphabet from $320.00 to $355.00 and gave the company a “buy” rating in a research note on Monday, February 23rd. Wolfe Research decreased their price target on shares of Alphabet from $390.00 to $360.00 and set an “outperform” rating on the stock in a research note on Friday, April 10th. Finally, Arete Research increased their target price on shares of Alphabet from $380.00 to $405.00 and gave the stock a “buy” rating in a research report on Wednesday, February 11th. Two equities research analysts have rated the stock with a Strong Buy rating, forty-seven have issued a Buy rating and four have assigned a Hold rating to the stock. According to data from MarketBeat, the stock has a consensus rating of “Moderate Buy” and an average target price of $402.96.

Alphabet Stock Performance

GOOGL traded down $2.59 on Monday, reaching $383.10. The company had a trading volume of 5,386,164 shares, compared to its average volume of 32,143,326. Alphabet has a fifty-two week low of $147.84 and a fifty-two week high of $387.38. The stock has a market cap of $4.63 trillion, a P/E ratio of 29.25, a P/E/G ratio of 1.80 and a beta of 1.26. The company’s fifty day moving average is $313.72 and its 200 day moving average is $308.70. The company has a debt-to-equity ratio of 0.16, a quick ratio of 1.92 and a current ratio of 1.92.

Alphabet (NASDAQ:GOOGL) last announced its quarterly earnings results on Wednesday, April 29th. The information services provider reported $5.11 EPS for the quarter, beating analysts’ consensus estimates of $2.64 by $2.47. Alphabet had a net margin of 37.92% and a return on equity of 38.99%. The business had revenue of $109.90 billion for the quarter, compared to analyst estimates of $106.98 billion. As a group, analysts predict that Alphabet will post 12.94 earnings per share for the current fiscal year.

Insider Buying and Selling at Alphabet

In related news, insider John Kent Walker sold 47,574 shares of the stock in a transaction that occurred on Tuesday, February 17th. The shares were sold at an average price of $301.45, for a total transaction of $14,341,182.30. Following the sale, the insider owned 13,227 shares in the company, valued at approximately $3,987,279.15. This trade represents a 78.25% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is accessible through this link. Also, Director John L. Hennessy sold 1,050 shares of the stock in a transaction that occurred on Monday, March 16th. The stock was sold at an average price of $303.41, for a total transaction of $318,580.50. Following the sale, the director owned 4,631 shares in the company, valued at $1,405,091.71. This represents a 18.48% decrease in their position. The disclosure for this sale is available in the SEC filing. In the last quarter, insiders have sold 191,053 shares of company stock worth $58,845,206. 11.61% of the stock is currently owned by company insiders.

Institutional Trading of Alphabet

Several large investors have recently made changes to their positions in the company. Strategic Wealth Advisors LLC boosted its position in shares of Alphabet by 6.0% during the 1st quarter. Strategic Wealth Advisors LLC now owns 477 shares of the information services provider’s stock worth $137,000 after acquiring an additional 27 shares in the last quarter. Symmetry Partners LLC boosted its position in shares of Alphabet by 0.4% during the 4th quarter. Symmetry Partners LLC now owns 7,912 shares of the information services provider’s stock worth $2,476,000 after acquiring an additional 30 shares in the last quarter. Private Wealth Management Group LLC boosted its position in shares of Alphabet by 1.2% during the 1st quarter. Private Wealth Management Group LLC now owns 2,540 shares of the information services provider’s stock worth $730,000 after acquiring an additional 30 shares in the last quarter. Members Trust Co boosted its position in shares of Alphabet by 0.5% during the 4th quarter. Members Trust Co now owns 6,434 shares of the information services provider’s stock worth $2,014,000 after acquiring an additional 31 shares in the last quarter. Finally, Altfest L J & Co. Inc. boosted its position in shares of Alphabet by 0.4% during the 4th quarter. Altfest L J & Co. Inc. now owns 7,952 shares of the information services provider’s stock worth $2,489,000 after acquiring an additional 31 shares in the last quarter. Institutional investors and hedge funds own 40.03% of the company’s stock.

Key Alphabet News

Here are the key news stories impacting Alphabet this week:

• Positive Sentiment: Analyst boost — Citizens analyst Andrew Boone raised his price target on Alphabet from $385 to $515 and kept an Outperform rating, signaling stronger upside expectations. Analysts revise Google stock price target
• Positive Sentiment: Historic April driven by cloud and AI — Zacks reports Alphabet logged its best month since 2004 on cloud and AI strength, drawing ETF flows that spotlight the company’s growth story. How Alphabet Clocked a Historic April: ETFs in Focus
• Positive Sentiment: Waymo funding surge — Heavy VC activity in AVs this year funneled the largest share to Waymo, which raised $16B in February, supporting long-term optionality for Alphabet’s autonomous-vehicle play. Big money is betting the self-driving future belongs to a small club
• Positive Sentiment: Strong cloud metrics — Analysis highlights Google Cloud’s 63% YoY growth in Q1 and a backlog near $460B, underscoring durable revenue acceleration and enterprise demand. Alphabet Is Outgrowing Amazon and Microsoft Where It Matters Most — Why This Makes Alphabet Stock a Buy
• Neutral Sentiment: Bullish write-ups and buy-case summaries are circulating, adding retail/institutional interest but largely restating the same growth thesis. Is Alphabet Inc. (GOOGL) A Good Stock To Buy Now?
• Neutral Sentiment: Sector positioning notes: communication-services ETFs are highly concentrated in the top names, which can amplify GOOGL moves but also increases sector risk. Concentration Risk High as Top Two Stocks Steer U.S. Communication Services ETF Performance
• Negative Sentiment: Capex and leverage caution — Zacks also flags rising capex and debt levels tied to AI infrastructure, which could weigh on margins or investor sentiment despite revenue strength. How Alphabet Clocked a Historic April: ETFs in Focus
• Negative Sentiment: Data-center constraints — Denmark’s pause on new grid connections highlights broader energy and permitting risks for large-scale data-center expansion, a potential headwind for cloud growth plans. Denmark faces data center reckoning as power grid overwhelmed by surging demand
• Negative Sentiment: Corporate/headline risks — Industry layoff debates and a small director sell ($37,842) add governance and sentiment noise; these items can temper an otherwise bullish momentum trade. Is Big Tech’s $725B AI splurge being funded by mass layoffs? Alphabet Director Sells $37,842.00 in Stock

Alphabet Company Profile

Alphabet Inc is the holding company created in 2015 to organize Google and a portfolio of businesses developing technologies beyond Google’s core internet services. Its principal operations are led by Google, which builds and operates consumer-facing products such as Google Search, YouTube, Android, Chrome, Gmail, Google Maps and Google Workspace, as well as advertising platforms (Google Ads and AdSense) that historically generate the majority of its revenue. Google also develops consumer hardware (Pixel phones, Nest smart-home devices, Chromecast) and developer and distribution platforms such as Google Play.

Beyond Google’s consumer and advertising businesses, Alphabet invests in enterprise and infrastructure offerings through Google Cloud, which provides cloud computing, data analytics and productivity services to businesses and institutions.