Alphabet (NASDAQ:GOOGL) Price Target Raised to $425.00

Alphabet (NASDAQ:GOOGL) had its target price upped by JPMorgan Chase & Co. from $420.00 to $425.00 in a report released on Thursday,Benzinga reports. The firm currently has an overweight rating on the information services provider’s stock.

GOOGL has been the subject of a number of other research reports. Roth Capital restated a “buy” rating and set a $440.00 price objective (up from $435.00) on shares of Alphabet in a research report on Thursday, July 23rd. Citizens Jmp restated a “market outperform” rating and set a $515.00 price objective on shares of Alphabet in a research note on Wednesday, July 22nd. Phillip Securities raised Alphabet from a “moderate buy” rating to a “strong-buy” rating in a research report on Monday, July 27th. Freedom Capital upgraded Alphabet from a “hold” rating to a “strong-buy” rating in a research note on Thursday, July 23rd. Finally, Weiss Ratings reiterated a “buy (b)” rating on shares of Alphabet in a research note on Friday, July 17th. Five investment analysts have rated the stock with a Strong Buy rating, forty-six have issued a Buy rating and four have given a Hold rating to the company. According to MarketBeat, the stock currently has an average rating of “Buy” and an average target price of $425.04.

Alphabet Stock Performance

Shares of NASDAQ GOOGL opened at $340.59 on Thursday. The company has a quick ratio of 2.64, a current ratio of 2.72 and a debt-to-equity ratio of 0.16. The firm’s 50-day moving average price is $344.26 and its two-hundred day moving average price is $351.32. Alphabet has a 52-week low of $244.15 and a 52-week high of $408.61. The stock has a market capitalization of $4.17 trillion, a P/E ratio of 17.11, a P/E/G ratio of 0.99 and a beta of 1.21.

Alphabet (NASDAQ:GOOGL) last posted its earnings results on Wednesday, July 22nd. The information services provider reported $9.11 EPS for the quarter, beating the consensus estimate of $2.89 by $6.22. The company had revenue of $119.80 billion during the quarter, compared to analyst estimates of $117.07 billion. Alphabet had a return on equity of 51.32% and a net margin of 54.77%. As a group, sell-side analysts forecast that Alphabet will post 20.55 earnings per share for the current year.

Alphabet Announces Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Monday, September 14th. Stockholders of record on Monday, September 7th were given a dividend of $0.22 per share. The ex-dividend date was Friday, September 4th. This represents a $0.88 annualized dividend and a dividend yield of 0.3%. Alphabet’s payout ratio is currently 4.42%.

Insider Activity at Alphabet

In other news, CAO Marsida Saraci sold 449 shares of the stock in a transaction on Wednesday, July 29th. The stock was sold at an average price of $333.20, for a total value of $149,606.80. Following the completion of the transaction, the chief accounting officer owned 27,386 shares of the company’s stock, valued at approximately $9,125,015.20. This represents a 1.61% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which can be accessed through this link. Also, Director Frances Arnold sold 83 shares of the firm’s stock in a transaction on Wednesday, September 30th. The shares were sold at an average price of $340.45, for a total value of $28,257.35. Following the transaction, the director directly owned 19,076 shares in the company, valued at $6,494,424.20. This trade represents a 0.43% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Insiders have sold a total of 420,865 shares of company stock worth $8,293,477 in the last three months. 11.61% of the stock is owned by company insiders.

Hedge Funds Weigh In On Alphabet

Several large investors have recently bought and sold shares of GOOGL. Onyx Bridge Wealth Group LLC lifted its position in Alphabet by 3.3% in the third quarter. Onyx Bridge Wealth Group LLC now owns 17,089 shares of the information services provider’s stock worth $5,880,000 after purchasing an additional 550 shares during the period. Brown Lisle Cummings Inc. boosted its stake in Alphabet by 0.7% during the 3rd quarter. Brown Lisle Cummings Inc. now owns 52,898 shares of the information services provider’s stock valued at $18,201,000 after purchasing an additional 353 shares in the last quarter. Ardent Capital Management Inc. acquired a new position in shares of Alphabet during the 3rd quarter valued at $8,003,000. FIDELIS iM LLC acquired a new position in shares of Alphabet during the 3rd quarter valued at $483,000. Finally, Founders Grove Wealth Partners LLC increased its position in shares of Alphabet by 1.8% during the 3rd quarter. Founders Grove Wealth Partners LLC now owns 9,398 shares of the information services provider’s stock valued at $3,234,000 after purchasing an additional 164 shares during the period. Institutional investors and hedge funds own 40.03% of the company’s stock.

Alphabet News Summary

Here are the key news stories impacting Alphabet this week:

• Positive Sentiment: Strong cloud and AI momentum: Recent commentary highlights approximately 24% overall revenue growth and an 82% increase in Google Cloud, suggesting that cloud demand and AI monetization may be offsetting concerns about rising capital expenditures. Alphabet’s Cloud Surge and AI Dominance Overshadow Capex Fears
• Positive Sentiment: JPMorgan remains bullish: JPMorgan raised its Alphabet price target to $425 from $420 and maintained an “overweight” rating, implying significant upside from the referenced price. The firm believes Google can withstand fears that generative AI will disrupt Search. JPMorgan Alphabet Price Target
• Positive Sentiment: Waymo expansion: Alphabet’s autonomous-driving unit received approval to participate in Ontario’s automated-vehicle pilot program and is targeting a Toronto robotaxi launch in 2028, expanding a potential long-term growth business. Waymo Toronto Robotaxi Launch
• Positive Sentiment: Additional product and technology catalysts: Google launched its Universal Cart shopping tool in the U.S., while reports of progress in quantum-computing error reduction and a multiyear CNN AI partnership support Alphabet’s efforts to broaden AI-related revenue.
• Neutral Sentiment: Investor attention is elevated: Zacks reported unusually heavy searches for both GOOGL and GOOG, reflecting strong interest but not necessarily a change in fundamentals.
• Negative Sentiment: Capex and profitability concerns: Investors remain concerned that Alphabet’s large data-center and AI investments could pressure free cash flow and take time to generate adequate returns. A reported multibillion-dollar computing arrangement with SpaceX adds to scrutiny of spending discipline.
• Negative Sentiment: Litigation over AI disclosures: Several law firms publicized a securities-fraud class action covering investors who bought shares from May 19 through July 16, 2026. The allegations reportedly involve representations about Gemini 3.5 Pro training results; the repeated notices add headline and potential liability risk, although they do not establish wrongdoing.
• Negative Sentiment: Other risks: Google warned that suspected China-linked hackers could exploit a BeyondTrust software flaw, while political and regulatory uncertainty could affect Search, advertising and the profits funding Alphabet’s AI buildout.

Alphabet Company Profile

Alphabet Inc is a technology holding company best known for its Google subsidiary. Google operates a global internet-services business centered on online search, digital advertising, YouTube, Android, Chrome, Google Maps, Google Play, and a broad range of cloud-based productivity and collaboration tools.

Google Cloud provides infrastructure, data analytics, cybersecurity, artificial intelligence, and enterprise software services to businesses, governments, and other organizations. Alphabet also develops consumer hardware, including Pixel devices and products for connected homes, while investing in emerging businesses through its “Other Bets” segment, including autonomous transportation and life sciences initiatives.

Alphabet was established in 2015 as part of a corporate restructuring that made Google a subsidiary and provided a separate structure for its expanding portfolio of businesses.