Alphabet (NASDAQ:GOOGL) Earns Market Outperform Rating from Citizens Jmp

Posted by Logan Wallace on May 20th, 2026

Alphabet (NASDAQ:GOOGL – Get Free Report)‘s stock had its “market outperform” rating reaffirmed by equities researchers at Citizens Jmp in a research report issued on Wednesday,Benzinga reports. They presently have a $515.00 target price on the information services provider’s stock. Citizens Jmp’s price objective points to a potential upside of 33.86% from the stock’s current price.

Other analysts have also recently issued reports about the stock. Pivotal Research upped their price target on shares of Alphabet from $400.00 to $420.00 and gave the company a “buy” rating in a report on Thursday, February 5th. DA Davidson upped their price objective on Alphabet from $300.00 to $310.00 and gave the company a “neutral” rating in a research note on Thursday, February 5th. JPMorgan Chase & Co. reaffirmed a “buy” rating on shares of Alphabet in a report on Monday, May 4th. Argus lifted their target price on Alphabet from $365.00 to $385.00 and gave the stock a “buy” rating in a research report on Friday, February 6th. Finally, UBS Group reiterated a “neutral” rating on shares of Alphabet in a report on Wednesday. Two research analysts have rated the stock with a Strong Buy rating, forty-seven have given a Buy rating and five have assigned a Hold rating to the company. According to data from MarketBeat.com, the company currently has an average rating of “Moderate Buy” and an average target price of $412.65.

Check Out Our Latest Stock Analysis on GOOGL

Alphabet Stock Down 0.8%

NASDAQ GOOGL traded down $2.93 on Wednesday, reaching $384.73. The company had a trading volume of 7,939,642 shares, compared to its average volume of 31,486,672. The firm has a market capitalization of $4.66 trillion, a PE ratio of 29.33, a P/E/G ratio of 1.70 and a beta of 1.26. Alphabet has a 1 year low of $162.00 and a 1 year high of $408.61. The firm has a 50-day moving average of $333.00 and a 200-day moving average of $319.32. The company has a debt-to-equity ratio of 0.16, a current ratio of 1.92 and a quick ratio of 1.92.

Alphabet (NASDAQ:GOOGL – Get Free Report) last posted its quarterly earnings data on Wednesday, April 29th. The information services provider reported $5.11 earnings per share (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 company had revenue of $109.90 billion for the quarter, compared to analyst estimates of $106.98 billion. On average, equities research analysts anticipate that Alphabet will post 14.29 EPS for the current fiscal year.

Insider Buying and Selling at Alphabet

In related news, Director Frances Arnold sold 102 shares of the stock in a transaction on Thursday, April 30th. The stock was sold at an average price of $371.00, for a total value of $37,842.00. Following the completion of the transaction, the director owned 18,621 shares in the company, valued at $6,908,391. This trade represents a 0.54% decrease in their position. The transaction was disclosed in a document filed with the SEC, which can be accessed through the SEC website. Also, Director John L. Hennessy sold 1,050 shares of the firm’s stock in a transaction on Friday, May 15th. The stock was sold at an average price of $393.26, for a total value of $412,923.00. Following the completion of the sale, the director directly owned 2,531 shares of the company’s stock, valued at approximately $995,341.06. This trade represents a 29.32% decrease in their position. The disclosure for this sale is available in the SEC filing. Over the last quarter, insiders sold 226,481 shares of company stock worth $27,422,061. 11.61% of the stock is owned by insiders.

Hedge Funds Weigh In On Alphabet

Large investors have recently made changes to their positions in the business. Strategic Wealth Advisors LLC grew its stake in Alphabet by 6.0% in the first quarter. Strategic Wealth Advisors LLC now owns 477 shares of the information services provider’s stock valued at $137,000 after purchasing an additional 27 shares in the last quarter. Rockbridge Investment Management LCC raised its stake in shares of Alphabet by 0.5% during the 1st quarter. Rockbridge Investment Management LCC now owns 5,460 shares of the information services provider’s stock worth $1,570,000 after purchasing an additional 27 shares in the last quarter. Midwest Professional Planners LTD. lifted its holdings in shares of Alphabet by 1.2% during the 1st quarter. Midwest Professional Planners LTD. now owns 2,364 shares of the information services provider’s stock valued at $680,000 after buying an additional 29 shares during the last quarter. Symmetry Partners LLC grew its stake in shares of Alphabet by 0.4% in the 4th quarter. Symmetry Partners LLC now owns 7,912 shares of the information services provider’s stock valued at $2,476,000 after buying an additional 30 shares in the last quarter. Finally, Private Wealth Management Group LLC grew its stake in shares of Alphabet by 1.2% in the 1st quarter. Private Wealth Management Group LLC now owns 2,540 shares of the information services provider’s stock valued at $730,000 after buying an additional 30 shares in the last quarter. Institutional investors and hedge funds own 40.03% of the company’s stock.

Key Stories Impacting Alphabet

Here are the key news stories impacting Alphabet this week:

Positive Sentiment: Needham reaffirmed its buy rating on Alphabet and set a $450 price target, signaling continued upside from current levels. Benzinga
Positive Sentiment: Alphabet and Blackstone announced a $5 billion AI cloud venture built around Google’s TPUs, a move that could boost AI infrastructure revenue and strengthen Alphabet’s competitive position. Thales inks deal with Google for homegrown German cloud provider
Positive Sentiment: Google I/O showcased a broad AI push across Search, Gemini, Workspace, shopping, and video tools, reinforcing the view that Alphabet is monetizing AI at scale rather than merely defending against rivals. Google debuts new AI models, personal AI agents in effort to keep pace with OpenAI and Anthropic
Positive Sentiment: Analysts remained constructive, with Arete Research lifting its price target to $425 and maintaining a buy rating. Arete Research adjusts price target on Alphabet to $425 from $405
Neutral Sentiment: Alphabet disclosed some insider selling, including a director sale, but the transactions appear routine and are not a strong fundamental signal on their own. SEC filing
Negative Sentiment: Some investors are wary that Google’s AI-heavy Search redesign could disrupt its core ad model, as the long-standing “ten blue links” format gives way to more AI-generated answers. Google Search as you know it is over

About Alphabet

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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.