Alphabet (NASDAQ:GOOGL) Price Target Raised to $355.00

Alphabet (NASDAQ:GOOGL) had its price objective hoisted by Loop Capital from $320.00 to $355.00 in a report issued on Monday,MarketScreener reports. They currently have a buy rating on the information services provider’s stock.

GOOGL has been the subject of several other research reports. Truist Financial set a $385.00 target price on Alphabet in a research report on Thursday, February 5th. JPMorgan Chase & Co. reaffirmed a “buy” rating on shares of Alphabet in a research note on Monday, February 9th. Moffett Nathanson raised their price objective on Alphabet from $305.00 to $350.00 and gave the company a “buy” rating in a research report on Thursday, February 5th. HSBC boosted their target price on shares of Alphabet from $335.00 to $370.00 and gave the company a “buy” rating in a report on Tuesday, December 2nd. Finally, President Capital increased their price target on shares of Alphabet from $323.00 to $375.00 and gave the stock a “buy” rating in a research note on Tuesday, February 10th. Three analysts have rated the stock with a Strong Buy rating, forty-three have assigned a Buy rating and five have assigned a Hold rating to the company’s stock. According to data from MarketBeat.com, the stock has a consensus rating of “Moderate Buy” and a consensus target price of $366.57.

Alphabet Trading Up 0.7%

NASDAQ:GOOGL opened at $313.00 on Monday. The company has a 50-day moving average price of $320.80 and a 200-day moving average price of $281.27. The stock has a market cap of $3.79 trillion, a price-to-earnings ratio of 28.95, a P/E/G ratio of 1.82 and a beta of 1.09. The company has a current ratio of 2.01, a quick ratio of 2.01 and a debt-to-equity ratio of 0.11. Alphabet has a 12 month low of $140.53 and a 12 month high of $349.00.

Alphabet (NASDAQ:GOOGL) last announced its quarterly earnings results on Wednesday, February 4th. The information services provider reported $2.82 earnings per share (EPS) for the quarter, beating the consensus estimate of $2.57 by $0.25. Alphabet had a net margin of 32.81% and a return on equity of 35.01%. The company had revenue of $113.83 billion for the quarter, compared to analysts’ expectations of $111.24 billion. Equities analysts predict that Alphabet will post 8.9 EPS for the current year.

Alphabet Announces Dividend

The company also recently announced a quarterly dividend, which will be paid on Monday, March 16th. Stockholders of record on Monday, March 9th will be paid a $0.21 dividend. This represents a $0.84 annualized dividend and a dividend yield of 0.3%. The ex-dividend date is Monday, March 9th. Alphabet’s dividend payout ratio is currently 7.77%.

Insider Activity

In related news, major shareholder 2017 Gp L.L.C. Gv sold 1,845,308 shares of the business’s stock in a transaction that occurred on Friday, January 30th. The shares were sold at an average price of $19.00, for a total value of $35,060,852.00. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through this hyperlink. Also, Director John L. Hennessy sold 600 shares of the company’s stock in a transaction that occurred on Friday, February 13th. The shares were sold at an average price of $306.73, for a total value of $184,038.00. Following the completion of the transaction, the director directly owned 20,624 shares in the company, valued at $6,325,999.52. This trade represents a 2.83% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Over the last quarter, insiders have sold 2,112,482 shares of company stock valued at $119,145,289. Company insiders own 11.64% of the company’s stock.

Hedge Funds Weigh In On Alphabet

Hedge funds and other institutional investors have recently modified their holdings of the company. Financial Gravity Companies Inc. acquired a new stake in Alphabet during the 2nd quarter worth about $31,000. PMV Capital Advisers LLC purchased a new position in Alphabet during the fourth quarter worth approximately $38,000. IFC & Insurance Marketing Inc. purchased a new position in Alphabet during the fourth quarter worth approximately $38,000. Bard Associates Inc. acquired a new stake in Alphabet in the fourth quarter valued at approximately $52,000. Finally, iSAM Funds UK Ltd purchased a new stake in shares of Alphabet in the third quarter valued at approximately $53,000. 40.03% of the stock is owned by institutional investors.

More Alphabet News

Here are the key news stories impacting Alphabet this week:

• Positive Sentiment: Alphabet is folding its robotics-software unit Intrinsic into Google, signalling tighter integration of robotics/physical AI efforts and likely faster commercialization of automation tools. Former Alphabet ‘moonshot’ robotics company Intrinsic is folding into Google
• Positive Sentiment: Waymo is expanding robotaxi testing to Chicago and Charlotte, accelerating route expansion and potential near-term revenue scale for Alphabet’s autonomous-vehicle unit. Waymo to begin testing in Chicago and Charlotte
• Positive Sentiment: Samsung’s S26 demonstrates deeper adoption of Google’s Gemini (autonomously operating third‑party apps), which supports Gemini’s distribution thesis and monetization pathway across devices. Samsung’s S26 gives an advance look at what the Google-powered Apple Siri could do
• Positive Sentiment: Google announced a major 1.9GW clean-power backing for a new data center including a 100‑hour iron‑air battery — a long-duration storage deal that lowers carbon and energy risk for AI datacenter ops. Google’s new 1.9GW clean energy deal includes massive 100-hour battery
• Positive Sentiment: Loop Capital raised its GOOGL price target to $355, and Wells Fargo issued an upgrade — analyst support that can boost sentiment and flows into the stock. Loop Capital Boosts Alphabet (NASDAQ:GOOGL) Price Target to $355.00
• Positive Sentiment: Google says it disrupted a China‑linked hacking group that attacked dozens of organizations globally — a security win that reduces operational risk and demonstrates enterprise trustworthiness. Google disrupts Chinese-linked hackers that attacked 53 groups globally
• Neutral Sentiment: February short‑interest data in feeds appears erroneous (shows 0 shares / NaN changes); no clear short‑squeeze signal from that report. (data entry)
• Negative Sentiment: Regulatory pressure in Europe: Reuters reports Google will test showing rivals’ vertical search results more prominently to try to avoid an EU fine — highlights ongoing antitrust risk that can cap multiples. Exclusive: Google to test changes to search results, source says as EU fine looms
• Negative Sentiment: Russia fined Google ~22 million roubles (~$288k) over VPN distribution — a small hit monetarily but another reminder of geopolitical/legal friction in certain markets. Russia fines Google for distributing VPN services, TASS reports
• Negative Sentiment: Reports of insider selling were flagged in headlines, which can weigh on near‑term sentiment even if the transactions are not material to long‑term fundamentals. Alphabet (NASDAQ:GOOGL) Shares Down 1.1% After Insider Selling

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.