Alphabet (GOOGL) – Analysts’ Weekly Ratings Updates

Several brokerages have updated their recommendations and price targets on shares of Alphabet (NASDAQ: GOOGL) in the last few weeks:

• 2/6/2025 – Alphabet was downgraded by analysts at DZ Bank AG from a “buy” rating to a “hold” rating. They now have a $198.00 price target on the stock.
• 2/5/2025 – Alphabet had its price target lowered by analysts at Piper Sandler from $210.00 to $208.00. They now have an “overweight” rating on the stock.
• 2/5/2025 – Alphabet had its price target lowered by analysts at JPMorgan Chase & Co. from $232.00 to $220.00. They now have an “overweight” rating on the stock.
• 2/5/2025 – Alphabet had its price target lowered by analysts at Morgan Stanley from $215.00 to $210.00. They now have an “overweight” rating on the stock.
• 2/5/2025 – Alphabet had its “market perform” rating reaffirmed by analysts at JMP Securities.
• 2/5/2025 – Alphabet had its price target lowered by analysts at Citigroup Inc. from $232.00 to $229.00. They now have a “buy” rating on the stock.
• 2/5/2025 – Alphabet had its “buy” rating reaffirmed by analysts at Needham & Company LLC. They now have a $225.00 price target on the stock.
• 1/27/2025 – Alphabet had its “market perform” rating reaffirmed by analysts at JMP Securities.
• 1/27/2025 – Alphabet had its price target raised by analysts at Needham & Company LLC from $210.00 to $225.00. They now have a “buy” rating on the stock.
• 1/24/2025 – Alphabet had its price target raised by analysts at DA Davidson from $190.00 to $200.00. They now have a “neutral” rating on the stock.
• 1/22/2025 – Alphabet had its price target lowered by analysts at Cantor Fitzgerald from $215.00 to $210.00. They now have a “neutral” rating on the stock.
• 1/13/2025 – Alphabet had its price target raised by analysts at Morgan Stanley from $205.00 to $215.00. They now have an “overweight” rating on the stock.
• 1/13/2025 – Alphabet had its price target raised by analysts at Wells Fargo & Company from $187.00 to $190.00. They now have an “equal weight” rating on the stock.
• 1/13/2025 – Alphabet had its price target raised by analysts at Stifel Nicolaus from $200.00 to $225.00. They now have a “buy” rating on the stock.
• 1/10/2025 – Alphabet had its price target raised by analysts at KeyCorp from $215.00 to $225.00. They now have an “overweight” rating on the stock.
• 1/10/2025 – Alphabet had its “market perform” rating reaffirmed by analysts at JMP Securities.
• 1/6/2025 – Alphabet had its price target raised by analysts at Wedbush from $210.00 to $220.00. They now have an “outperform” rating on the stock.
• 1/3/2025 – Alphabet had its price target raised by analysts at Wolfe Research from $220.00 to $230.00. They now have an “outperform” rating on the stock.
• 1/2/2025 – Alphabet was downgraded by analysts at JMP Securities from an “outperform” rating to a “market perform” rating. They now have a $220.00 price target on the stock.
• 1/2/2025 – Alphabet was downgraded by analysts at Citizens Jmp from a “strong-buy” rating to a “hold” rating.
• 12/23/2024 – Alphabet had its “buy” rating reaffirmed by analysts at Bank of America Co.. They now have a $210.00 price target on the stock.
• 12/18/2024 – Alphabet had its price target raised by analysts at JPMorgan Chase & Co. from $212.00 to $232.00. They now have an “overweight” rating on the stock.
• 12/12/2024 – Alphabet had its “buy” rating reaffirmed by analysts at The Goldman Sachs Group, Inc.. They now have a $210.00 price target on the stock.
• 12/10/2024 – Alphabet had its “outperform” rating reaffirmed by analysts at Robert W. Baird. They now have a $205.00 price target on the stock.

Alphabet Stock Performance

Shares of GOOGL stock opened at $191.60 on Friday. The company has a debt-to-equity ratio of 0.04, a quick ratio of 1.95 and a current ratio of 1.95. The firm has a market cap of $2.35 trillion, a price-to-earnings ratio of 25.41, a P/E/G ratio of 1.31 and a beta of 0.99. Alphabet Inc. has a 52 week low of $130.66 and a 52 week high of $207.05. The firm’s 50-day simple moving average is $191.28 and its two-hundred day simple moving average is $174.64.

Alphabet (NASDAQ:GOOGL) last issued its quarterly earnings results on Tuesday, February 4th. The information services provider reported $2.15 EPS for the quarter, beating analysts’ consensus estimates of $2.12 by $0.03. Alphabet had a return on equity of 31.66% and a net margin of 27.74%. As a group, equities analysts forecast that Alphabet Inc. will post 8.02 earnings per share for the current year.

Alphabet Dividend Announcement

The business also recently announced a quarterly dividend, which will be paid on Monday, March 17th. Shareholders of record on Monday, March 10th will be paid a $0.20 dividend. The ex-dividend date of this dividend is Monday, March 10th. This represents a $0.80 annualized dividend and a yield of 0.42%. Alphabet’s dividend payout ratio is currently 10.61%.

Insider Activity

In other news, Director John L. Hennessy sold 1,500 shares of the company’s stock in a transaction dated Thursday, December 12th. The stock was sold at an average price of $194.22, for a total value of $291,330.00. Following the completion of the transaction, the director now directly owns 23,324 shares in the company, valued at approximately $4,529,987.28. This represents a 6.04 % decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. Also, CAO Amie Thuener O’toole sold 1,367 shares of the firm’s stock in a transaction dated Monday, December 2nd. The shares were sold at an average price of $170.41, for a total value of $232,950.47. Following the transaction, the chief accounting officer now directly owns 23,515 shares in the company, valued at approximately $4,007,191.15. This represents a 5.49 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders have sold a total of 89,529 shares of company stock worth $16,600,078 over the last ninety days. Company insiders own 11.55% of the company’s stock.

Hedge Funds Weigh In On Alphabet

Several institutional investors and hedge funds have recently bought and sold shares of GOOGL. Compass Planning Associates Inc bought a new stake in shares of Alphabet in the 4th quarter worth approximately $30,000. LMR Partners LLP purchased a new stake in shares of Alphabet in the 3rd quarter worth about $32,000. E Fund Management Hong Kong Co. Ltd. boosted its stake in shares of Alphabet by 518.8% during the 4th quarter. E Fund Management Hong Kong Co. Ltd. now owns 198 shares of the information services provider’s stock valued at $37,000 after purchasing an additional 166 shares in the last quarter. Fiduciary Advisors Inc. purchased a new position in shares of Alphabet during the fourth quarter valued at about $39,000. Finally, PayPay Securities Corp raised its stake in Alphabet by 36.1% in the fourth quarter. PayPay Securities Corp now owns 245 shares of the information services provider’s stock worth $46,000 after buying an additional 65 shares in the last quarter. 40.03% of the stock is currently owned by institutional investors.

Alphabet Inc offers various products and platforms in the United States, Europe, the Middle East, Africa, the Asia-Pacific, Canada, and Latin America. It operates through Google Services, Google Cloud, and Other Bets segments. The Google Services segment provides products and services, including ads, Android, Chrome, devices, Gmail, Google Drive, Google Maps, Google Photos, Google Play, Search, and YouTube.