Alphabet (NASDAQ:GOOGL) Shares Climb 1.2% – Should You Buy?

Alphabet Inc. (NASDAQ:GOOGL)’s share price was up 1.2% on Monday. The stock traded as high as $296.33 and last traded at $288.15. Approximately 36,115,385 shares traded hands during mid-day trading, an increase of 15% from the average daily volume of 31,492,295 shares. The stock had previously closed at $284.78.

Key Alphabet News

Here are the key news stories impacting Alphabet this week:

• Positive Sentiment: Google introduced two versions of its eighth-generation Tensor Processing Units (TPUs), broadening its AI hardware offering as it competes with Nvidia. The development could help Alphabet serve large and sensitive-data workloads and support Google Cloud growth. Alphabet stock rises as Google expands AI chip lineup to challenge Nvidia
• Neutral Sentiment: JPMorgan removed Alphabet from its Analyst Focus List but retained an Overweight rating, signaling caution rather than a change to its overall positive stance. The firm cited slower AI search monetization and substantial infrastructure spending. JPMorgan Just Removed Alphabet From Its Analyst Focus List
• Negative Sentiment: Federal safety regulators are investigating Waymo after reports that its robotaxis continued passing stopped school buses despite a software update and recall. The probe adds regulatory and reputational risk to Alphabet’s autonomous-driving business. Waymo robotaxis kept illegally passing school buses after software fix, feds say
• Negative Sentiment: Several law firms publicized the same securities class action concerning investors who bought Alphabet shares from May 19 to July 16, 2026. The complaint alleges investors were misled about the timing of the Gemini 3.5 Pro launch; the allegations are not findings of wrongdoing, but the case creates legal uncertainty. Alphabet deadline alert on securities class action

Analyst Ratings Changes

Several equities analysts have recently commented on the stock. Zacks Research lowered shares of Alphabet from a “strong-buy” rating to a “hold” rating in a research report on Tuesday, August 11th. The Goldman Sachs Group reissued a “buy” rating and issued a $385.00 price target on shares of Alphabet in a report on Thursday, October 29th. Needham & Company LLC reiterated a “buy” rating and issued a $450.00 price target on shares of Alphabet in a research report on Thursday, October 29th. BMO Capital Markets reissued an “outperform” rating and set a $480.00 target price (up from $465.00) on shares of Alphabet in a research note on Tuesday, October 20th. Finally, Moffett Nathanson set a $345.00 price target on shares of Alphabet in a report on Thursday, October 29th. Five research analysts have rated the stock with a Strong Buy rating, forty-five have given a Buy rating and five have assigned a Hold rating to the company. According to MarketBeat, Alphabet has an average rating of “Buy” and a consensus price target of $412.51.

Alphabet Price Performance

The stock has a fifty day moving average of $332.93 and a two-hundred day moving average of $338.97. The company has a current ratio of 2.79, a quick ratio of 2.69 and a debt-to-equity ratio of 0.19. The stock has a market capitalization of $3.54 trillion, a price-to-earnings ratio of 15.04, a PEG ratio of 0.86 and a beta of 1.23.

Alphabet (NASDAQ:GOOGL) last posted its quarterly earnings results on Wednesday, October 28th. The information services provider reported $2.12 earnings per share for the quarter, missing analysts’ consensus estimates of $3.02 by ($0.90). Alphabet had a return on equity of 43.33% and a net margin of 50.03%. The business had revenue of $127.58 billion for the quarter, compared to the consensus estimate of $127.96 billion. As a group, equities research analysts forecast that Alphabet Inc. will post 19.86 earnings per share for the current year.

Alphabet Dividend Announcement

The company also recently disclosed a quarterly dividend, which will be paid on Monday, December 14th. Stockholders of record on Monday, December 7th will be paid a dividend of $0.22 per share. The ex-dividend date is Monday, December 7th. This represents a $0.88 annualized dividend and a dividend yield of 0.3%. Alphabet’s payout ratio is currently 4.59%.

Insider Buying and Selling

In other news, Director Frances Arnold sold 83 shares of the company’s stock in a transaction that occurred on Wednesday, September 30th. The stock was sold at an average price of $340.45, for a total value of $28,257.35. Following the transaction, the director owned 19,076 shares of the company’s stock, valued at approximately $6,494,424.20. This represents a 0.43% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. Insiders have sold 247 shares of company stock worth $79,238 over the last three months. Insiders own 11.61% of the company’s stock.

Hedge Funds Weigh In On Alphabet

Several hedge funds and other institutional investors have recently modified their holdings of the business. State Street Corp raised its position in Alphabet by 5.6% in the 2nd quarter. State Street Corp now owns 238,977,259 shares of the information services provider’s stock valued at $85,403,303,000 after buying an additional 12,718,127 shares during the last quarter. Fisher Asset Management LLC grew its stake in shares of Alphabet by 1.7% during the 3rd quarter. Fisher Asset Management LLC now owns 40,659,406 shares of the information services provider’s stock worth $13,990,089,000 after acquiring an additional 669,566 shares during the period. Amundi lifted its holdings in Alphabet by 4.6% during the second quarter. Amundi now owns 33,203,350 shares of the information services provider’s stock valued at $11,865,809,000 after purchasing an additional 1,457,371 shares during the last quarter. Mitsubishi UFJ Asset Management Co. Ltd. lifted its holdings in Alphabet by 10.1% during the second quarter. Mitsubishi UFJ Asset Management Co. Ltd. now owns 17,724,321 shares of the information services provider’s stock valued at $6,334,186,000 after purchasing an additional 1,631,721 shares during the last quarter. Finally, Swiss National Bank boosted its position in Alphabet by 7.1% during the first quarter. Swiss National Bank now owns 17,079,800 shares of the information services provider’s stock worth $4,911,467,000 after purchasing an additional 1,139,400 shares during the period. Institutional investors own 40.03% of the company’s stock.

Alphabet Company Profile

Alphabet Inc is a technology holding company whose largest business is Google. Founded in 1998 by Larry Page and Sergey Brin, Google became part of Alphabet when the company reorganized its businesses under the holding-company structure in 2015.

Google’s products and services include Search, YouTube, Android, Chrome, Google Maps, Google Play and Google Cloud. The company also generates revenue from digital advertising and offers devices, subscriptions and artificial intelligence products and services.

Alphabet serves consumers, businesses and organizations around the world.