Daiwa Securities Group Issues Positive Forecast for Alphabet (NASDAQ:GOOGL) Stock Price

Alphabet (NASDAQ:GOOGL) had its target price lifted by equities research analysts at Daiwa Securities Group from $333.00 to $380.00 in a research report issued on Tuesday,MarketScreener reports. The brokerage presently has a “buy” rating on the information services provider’s stock. Daiwa Securities Group’s price target would suggest a potential upside of 20.49% from the stock’s current price.

GOOGL has been the subject of a number of other research reports. China Renaissance lifted their price objective on shares of Alphabet from $330.00 to $400.00 and gave the company a “buy” rating in a report on Friday. Deutsche Bank Aktiengesellschaft lifted their price target on Alphabet from $370.00 to $390.00 and gave the company a “buy” rating in a research note on Thursday, February 5th. Robert W. Baird upped their price target on Alphabet from $310.00 to $350.00 and gave the stock an “outperform” rating in a report on Tuesday, January 20th. CICC Research raised their price objective on Alphabet from $240.00 to $303.00 and gave the company an “outperform” rating in a report on Friday, October 31st. Finally, Canadian Imperial Bank of Commerce upped their target price on Alphabet to $315.00 in a research note on Monday, October 20th. Three investment analysts have rated the stock with a Strong Buy rating, forty-three have issued a Buy rating and five have given a Hold rating to the company. Based on data from MarketBeat, the stock currently has a consensus rating of “Moderate Buy” and a consensus target price of $359.44.

Alphabet Stock Performance

Shares of NASDAQ GOOGL opened at $315.37 on Tuesday. The company has a 50 day simple moving average of $321.80 and a two-hundred day simple moving average of $272.22. The stock has a market cap of $3.81 trillion, a price-to-earnings ratio of 29.37, a PEG ratio of 1.78 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 posted its quarterly earnings results on Wednesday, February 4th. The information services provider reported $2.82 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 analyst estimates of $111.24 billion. As a group, analysts predict that Alphabet will post 8.9 earnings per share for the current year.

Insider Activity

In other news, CEO Sundar Pichai sold 32,500 shares of the stock in a transaction that occurred on Wednesday, February 4th. The shares were sold at an average price of $335.18, for a total value of $10,893,350.00. Following the completion of the sale, the chief executive officer owned 2,179,372 shares of the company’s stock, valued at $730,481,906.96. This represents a 1.47% decrease in their position. The transaction was disclosed in a filing with the SEC, which is available at this hyperlink. Also, major shareholder 2017 Gp L.L.C. Gv sold 1,845,308 shares of the company’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. Additional details regarding this sale are available in the official SEC disclosure. Insiders sold 2,067,686 shares of company stock valued at $105,352,291 in the last quarter. Insiders own 11.55% of the company’s stock.

Institutional Investors Weigh In On Alphabet

Large investors have recently added to or reduced their stakes in the business. Financial Gravity Companies Inc. acquired a new position in Alphabet in the 2nd quarter valued at $31,000. PMV Capital Advisers LLC acquired a new position in shares of Alphabet during the fourth quarter worth about $38,000. CarsonAllaria Wealth Management Ltd. increased its stake in shares of Alphabet by 36.4% during the second quarter. CarsonAllaria Wealth Management Ltd. now owns 251 shares of the information services provider’s stock worth $44,000 after acquiring an additional 67 shares during the period. Pilgrim Partners Asia Pte Ltd acquired a new position in Alphabet during the 3rd quarter worth approximately $53,000. Finally, Kentucky Trust Co lifted its holdings in shares of Alphabet by 142.9% in the 4th quarter. Kentucky Trust Co now owns 170 shares of the information services provider’s stock valued at $53,000 after buying an additional 100 shares during the period. 40.03% of the stock is owned by hedge funds and other institutional investors.

Key Stories Impacting Alphabet

Here are the key news stories impacting Alphabet this week:

• Positive Sentiment: Waymo ramps commercial scale — Alphabet’s self-driving unit Waymo says it is now fully autonomous in Nashville, signaling potential revenue upside from robotaxi expansion and differentiation in AI-driven mobility. Waymo goes fully autonomous in Nashville
• Positive Sentiment: Long-term clean power deal for data centers — TotalEnergies signed agreements to supply ~1 GW of solar to Google’s Texas data centers, reducing operational risk and supporting sustainability goals for cloud/AI operations. TotalEnergies to provide solar power to Google’s Texas data centres
• Positive Sentiment: Analyst support remains — JPMorgan reaffirmed a buy rating and some brokers have raised price targets, which supports demand for the shares amid near-term volatility. MarketScreener: JPMorgan maintains buy
• Neutral Sentiment: Large bond sale to fund AI capex — Alphabet sold about $20 billion of bonds across multiple maturities to finance heavy AI infrastructure spending; this funds growth but increases long-term leverage and interest obligations. Alphabet sells bonds worth $20 billion to fund AI spending
• Neutral Sentiment: App-store changes in UK — Apple and Google agreed to app-store concessions in the U.K.; this reduces some regulatory heat but signals regulators are pressing big tech on platform rules. Apple and Google agree app store changes to appease UK regulator
• Negative Sentiment: EU antitrust complaint on AI Overviews — The European Publishers Council filed a complaint with EU antitrust regulators over Google’s AI-generated summaries, raising the prospect of regulatory action that could limit product features or lead to fines. European Publishers Council files EU antitrust complaint about Google’s AI Overviews
• Negative Sentiment: Trademark lawsuit over AI tools — Autodesk sued Google alleging trademark infringement for AI video tools, adding to legal overhangs in AI product rollouts. Google sued by Autodesk over AI-powered movie-making software
• Negative Sentiment: Company flags new AI risks and investor concerns — Alphabet added AI-specific risk disclosures (including possible ad impacts and long-duration contracts) and faces public criticism (e.g., Michael Burry’s negative comments about century bonds); together these amplify uncertainty. Alphabet highlights new AI-related risks
• Negative Sentiment: Insider selling noted — Recent reported insider sales add a near-term negative signal for sentiment even though the transaction size is modest relative to Alphabet’s market cap. Insider selling: Alphabet CEO sells stock

About Alphabet

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.