Alphabet (NASDAQ:GOOGL) Stock Price Expected to Rise, JPMorgan Chase & Co. Analyst Says

Alphabet (NASDAQ:GOOGL) had its target price lifted by equities research analysts at JPMorgan Chase & Co. from $395.00 to $460.00 in a research report issued on Thursday,MarketScreener reports. The brokerage currently has an “overweight” rating on the information services provider’s stock. JPMorgan Chase & Co.‘s price objective would indicate a potential upside of 19.27% from the stock’s current price.

A number of other equities analysts have also recently commented on GOOGL. Bank of America boosted their price target on shares of Alphabet from $335.00 to $370.00 and gave the stock a “buy” rating in a research note on Tuesday, January 13th. Canaccord Genuity Group set a $415.00 price target on shares of Alphabet in a research note on Thursday, February 5th. Weiss Ratings reissued a “buy (b)” rating on shares of Alphabet in a research note on Monday, April 20th. Wall Street Zen cut shares of Alphabet from a “buy” rating to a “hold” rating in a research note on Sunday, April 12th. Finally, Loop Capital boosted their price target on shares of Alphabet from $320.00 to $355.00 and gave the stock a “buy” rating in a research note on Monday, February 23rd. Two analysts have rated the stock with a Strong Buy rating, forty-seven have issued a Buy rating and four have given a Hold rating to the stock. According to data from MarketBeat.com, the stock currently has an average rating of “Moderate Buy” and a consensus price target of $397.48.

Alphabet Price Performance

GOOGL stock opened at $385.69 on Thursday. The company has a debt-to-equity ratio of 0.16, a current ratio of 1.92 and a quick ratio of 2.01. Alphabet has a one year low of $147.84 and a one year high of $386.76. The stock has a market cap of $4.67 trillion, a PE ratio of 29.42, a P/E/G ratio of 2.37 and a beta of 1.12. The firm has a 50 day simple moving average of $313.72 and a two-hundred day simple moving average of $307.81.

Alphabet (NASDAQ:GOOGL) last released its quarterly earnings results on Wednesday, April 29th. The information services provider reported $5.11 EPS for the quarter, topping analysts’ consensus estimates 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 during the quarter, compared to analysts’ expectations of $106.98 billion. On average, analysts predict that Alphabet will post 11.62 EPS for the current fiscal year.

Insider Buying and Selling

In other Alphabet news, CAO Amie Thuener O’toole sold 617 shares of the stock in a transaction on Wednesday, April 1st. The shares were sold at an average price of $289.63, for a total transaction of $178,701.71. Following the completion of the sale, the chief accounting officer owned 10,093 shares of the company’s stock, valued at $2,923,235.59. This represents a 5.76% decrease in their position. The sale was disclosed in a filing with the SEC, which is available at the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, Director Frances Arnold sold 102 shares of the stock in a transaction on Thursday, April 30th. The shares were sold at an average price of $371.00, for a total transaction of $37,842.00. Following the sale, the director directly owned 18,621 shares of the company’s stock, valued at $6,908,391. The trade was a 0.54% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Insiders have sold 191,986 shares of company stock worth $59,159,207 in the last ninety days. 11.64% of the stock is currently owned by insiders.

Institutional Investors Weigh In On Alphabet

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

Trending Headlines about Alphabet

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

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.