Alphabet (NASDAQ:GOOGL) Stock Price Expected to Rise, BNP Paribas Exane Analyst Says

Alphabet (NASDAQ:GOOGL) had its price objective increased by analysts at BNP Paribas Exane from $390.00 to $420.00 in a report issued on Thursday,MarketScreener reports. The firm presently has an “outperform” rating on the information services provider’s stock. BNP Paribas Exane’s price objective would indicate a potential upside of 8.90% from the company’s current price.

Several other equities research analysts also recently weighed in on GOOGL. Canaccord Genuity Group increased their target price on shares of Alphabet from $415.00 to $450.00 and gave the company a “buy” rating in a research note on Thursday. Evercore raised their price target on shares of Alphabet from $400.00 to $420.00 and gave the stock an “outperform” rating in a research note on Thursday. Argus raised their price target on shares of Alphabet from $365.00 to $385.00 and gave the stock a “buy” rating in a research note on Friday, February 6th. Citizens Jmp reaffirmed a “market outperform” rating and issued a $385.00 price target on shares of Alphabet in a research note on Monday, April 13th. Finally, Daiwa Securities Group raised their price target on shares of Alphabet from $333.00 to $380.00 and gave the stock a “buy” rating in a research note on Tuesday, February 10th. Two investment analysts have rated the stock with a Strong Buy rating, forty-seven have assigned a Buy rating and four have given a Hold rating to the company. Based on data from MarketBeat, the company presently has a consensus rating of “Moderate Buy” and an average price target of $397.48.

Alphabet Trading Up 0.2%

Shares of GOOGL opened at $385.69 on Thursday. Alphabet has a twelve month low of $147.84 and a twelve month high of $386.76. The company has a market cap of $4.67 trillion, a P/E ratio of 29.42, a P/E/G ratio of 2.37 and a beta of 1.12. The company has a current ratio of 1.92, a quick ratio of 2.01 and a debt-to-equity ratio of 0.16. The company’s fifty day simple moving average is $313.72 and its 200-day simple moving average is $307.81.

Alphabet (NASDAQ:GOOGL) last announced its earnings results on Wednesday, April 29th. The information services provider reported $5.11 earnings per share for the quarter, beating the consensus estimate of $2.64 by $2.47. Alphabet had a net margin of 37.92% and a return on equity of 38.99%. The business had revenue of $109.90 billion for the quarter, compared to the consensus estimate of $106.98 billion. As a group, analysts expect that Alphabet will post 11.62 EPS for the current year.

Insider Buying and Selling at Alphabet

In other Alphabet news, CEO Sundar Pichai sold 32,500 shares of the firm’s stock in a transaction dated Wednesday, February 4th. The shares were sold at an average price of $335.18, for a total transaction of $10,893,350.00. Following the transaction, the chief executive officer owned 2,179,372 shares of the company’s stock, valued at approximately $730,481,906.96. This trade represents a 1.47% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available at this hyperlink. Also, CAO Amie Thuener O’toole sold 955 shares of the firm’s stock in a transaction dated Tuesday, March 3rd. The shares were sold at an average price of $298.00, for a total transaction of $284,590.00. Following the transaction, the chief accounting officer directly owned 9,918 shares in the company, valued at $2,955,564. This trade represents a 8.78% decrease in their position. The SEC filing for this sale provides additional information. Over the last quarter, insiders sold 191,986 shares of company stock worth $59,159,207. Company insiders own 11.64% of the company’s stock.

Institutional Inflows and Outflows

Institutional investors have recently added to or reduced their stakes in the business. Lifetime Wealth Management P.C. purchased a new position in Alphabet during the 4th quarter valued at about $32,000. EMC Capital Management purchased a new position in Alphabet during the 4th quarter valued at about $33,000. PMV Capital Advisers LLC purchased a new position in Alphabet during the 4th quarter valued at about $38,000. IFC & Insurance Marketing Inc. purchased a new position in Alphabet during the 4th quarter valued at about $38,000. Finally, Bard Associates Inc. purchased a new position in Alphabet during the 4th quarter valued at about $52,000. Hedge funds and other institutional investors own 40.03% of the company’s stock.

Alphabet News Roundup

Here are the key news stories impacting Alphabet this week:

• Positive Sentiment: Q1 earnings & Google Cloud surge — Alphabet beat on EPS and revenue; Google Cloud grew ~63% to >$20B and backlog jumped near $460B, underpinning earnings momentum and revenue visibility. Alphabet’s Earnings Didn’t Just Beat—They Changed the Story
• Positive Sentiment: Wall Street re-rating — Dozens of brokers raised price targets and reiterated buy/outperform views (Goldman, JPMorgan, Citi, Canaccord, etc.), lifting upside expectations and supporting momentum. JPMorgan price target note
• Positive Sentiment: Product & monetization catalysts — Gemini rollout into millions of vehicles and comments about ads in AI-driven Search/Gemini expand potential ad & cloud monetization paths. Google’s Gemini hits cars
• Positive Sentiment: Commercial & government demand — The Pentagon signed agreements with leading AI vendors (including Google) to deploy AI tools on classified networks, validating enterprise/government demand for secure AI infrastructure. Pentagon AI agreements
• Positive Sentiment: Market narrative uplift — Coverage arguing Alphabet could challenge Nvidia for top market-cap status and that Google is “winning” the AI cycle is driving momentum flows and investor positioning. Barron’s: The First $6 Trillion Company May Not Be Nvidia
• Neutral Sentiment: CapEx trajectory — Management signaled materially higher CapEx into 2027 to support AI/data centers; that supports future growth but raises near-term investment intensity and cash needs. Seeking Alpha: CapEx concerns
• Negative Sentiment: Regulatory/legal risk — European scrutiny is rising: Italy asked the EU to investigate Google’s AI search features and Swiss regulators opened probes related to keyword bidding; these could lead to fines, remedies or product constraints. Italy asks EU to investigate Google AI search Switzerland probe

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.