Alphabet (NASDAQ:GOOGL) Stock Gets Price Target Bump from JPMorgan Chase & Co.

Alphabet (NASDAQ:GOOGL) had its target price lifted by investment analysts at JPMorgan Chase & Co. from $420.00 to $425.00 in a research report issued to clients and investors on Thursday, Benzinga reports. The firm presently has an “overweight” rating on the information services provider’s stock. JPMorgan Chase & Co.‘s price objective suggests a potential upside of 21.40% from the company’s current price.

A number of other equities analysts have also recently issued reports on the stock. Zacks Research cut shares of Alphabet from a “strong-buy” rating to a “hold” rating in a research note on Tuesday, August 11th. Piper Sandler raised their price objective on shares of Alphabet from $395.00 to $400.00 and gave the company an “overweight” rating in a research note on Monday, September 28th. Benchmark reaffirmed a “buy” rating on shares of Alphabet in a report on Thursday, October 1st. Wall Street Zen cut shares of Alphabet from a “buy” rating to a “hold” rating in a report on Saturday, August 1st. Finally, Royal Bank Of Canada reiterated an “outperform” rating and issued a $425.00 target price on shares of Alphabet in a research note on Thursday, July 23rd. Five analysts have rated the stock with a Strong Buy rating, forty-six have assigned a Buy rating and four have given a Hold rating to the stock. According to data from MarketBeat, the stock has an average rating of “Buy” and a consensus target price of $425.04.

Alphabet Stock Up 0.7%

Shares of NASDAQ GOOGL traded up $2.44 during trading on Thursday, reaching $350.08. The company had a trading volume of 8,029,148 shares, compared to its average volume of 30,471,705. Alphabet has a 12-month low of $244.15 and a 12-month high of $408.61. The stock has a market cap of $4.28 trillion, a PE ratio of 17.59, a P/E/G ratio of 1.02 and a beta of 1.21. The business’s 50-day moving average is $344.71 and its 200 day moving average is $350.87. The company has a quick ratio of 2.64, a current ratio of 2.72 and a debt-to-equity ratio of 0.16.

Alphabet (NASDAQ:GOOGL) last issued its quarterly earnings results on Wednesday, July 22nd. The information services provider reported $9.11 earnings per share for the quarter, beating the consensus estimate of $2.89 by $6.22. The firm had revenue of $119.80 billion during the quarter, compared to the consensus estimate of $117.07 billion. Alphabet had a return on equity of 51.32% and a net margin of 54.77%. As a group, equities analysts forecast that Alphabet will post 20.54 earnings per share for the current fiscal year.

Insider Buying and Selling

In other Alphabet news, Director Frances Arnold sold 83 shares of the business’s stock in a transaction dated Wednesday, September 30th. The stock was sold at an average price of $340.45, for a total value of $28,257.35. Following the completion of the transaction, the director owned 19,076 shares of the company’s stock, valued at approximately $6,494,424.20. The trade was a 0.43% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, major shareholder 2019 Gp L.L.C. Gv sold 118,138 shares of the company’s stock in a transaction dated Tuesday, July 28th. The shares were sold at an average price of $18.90, for a total transaction of $2,232,808.20. Additional details regarding this sale are available in the official SEC disclosure. In the last ninety days, insiders sold 441,399 shares of company stock worth $8,677,053. 11.61% of the stock is owned by corporate insiders.

Institutional Inflows and Outflows

Several hedge funds have recently made changes to their positions in the stock. Titleist Asset Management LLC boosted its holdings in Alphabet by 6.4% in the third quarter. Titleist Asset Management LLC now owns 34,613 shares of the information services provider’s stock worth $11,909,000 after purchasing an additional 2,096 shares during the period. PFG Investments LLC raised its holdings in shares of Alphabet by 2.6% during the first quarter. PFG Investments LLC now owns 89,299 shares of the information services provider’s stock worth $25,679,000 after purchasing an additional 2,269 shares during the period. Elefante Mark B raised its holdings in shares of Alphabet by 4.5% during the second quarter. Elefante Mark B now owns 43,733 shares of the information services provider’s stock worth $15,629,000 after purchasing an additional 1,897 shares during the period. Nwam LLC raised its holdings in shares of Alphabet by 19.6% during the first quarter. Nwam LLC now owns 49,128 shares of the information services provider’s stock worth $14,127,000 after purchasing an additional 8,055 shares during the period. Finally, WCM Investment Management LLC lifted its position in shares of Alphabet by 287.4% in the 1st quarter. WCM Investment Management LLC now owns 3,886 shares of the information services provider’s stock worth $1,063,000 after buying an additional 2,883 shares during the last quarter. 40.03% of the stock is owned by hedge funds and other institutional investors.

Trending Headlines about Alphabet

Here are the key news stories impacting Alphabet this week:

• Positive Sentiment: Google’s rollout of Gemini 4 Argon to developers, businesses and subscribers is strengthening the company’s competitive position in AI. Reports highlight the model’s performance in coding, enterprise automation, legal and knowledge-work applications, while aggressive introductory pricing could support Google Cloud adoption. Google launches Gemini 4 Argon
• Positive Sentiment: Google launched Universal Cart in the United States, allowing users to collect and monitor products discovered across Search and the Gemini app. The feature could improve shopping engagement and create additional opportunities for advertising and commerce monetization. Google’s Universal Cart shopping tool launches in the US
• Positive Sentiment: Analysts and financial commentators remain broadly bullish, citing Alphabet’s relatively moderate valuation, accelerating cloud growth, strong core advertising business and potential revenue from internally developed AI chips. UBS also raised its target for Alphabet, while ETF investors purchased approximately $195.2 million of Alphabet stock on October 13. Alphabet target raised on TPU outlook
• Positive Sentiment: Waymo’s progress in autonomous driving and Alphabet-backed Jio Platforms’ planned Indian IPO provide additional long-term value catalysts beyond Search and advertising. Jio Platforms IPO
• Neutral Sentiment: The recent AI-driven market sell-off has put Alphabet’s technical setup under pressure. The stock’s longer-term breakout thesis remains intact if it holds near the $340 area, around its 200-day moving average, but a sustained move below that level could weaken near-term momentum. Does the AI selloff put Alphabet’s breakout in doubt?
• Negative Sentiment: Multiple law firms publicized securities class actions alleging Alphabet failed to disclose setbacks involving Gemini 3.5 Pro’s training and launch timeline. Although these announcements mainly concern investor deadlines, they increase headline, litigation and potential financial risks. Kaplan Fox class action announcement
• Negative Sentiment: Alphabet’s substantial AI infrastructure commitments—including a reported $30 billion SpaceX computing contract—are pushing free cash flow into negative territory. Investors must see strong AI monetization and cloud growth to justify the spending and preserve returns.

Alphabet Company Profile

Alphabet Inc is a technology and internet services company best known as the parent company of Google. Its primary business, Google Services, includes online search, digital advertising, YouTube, Android, Chrome, Google Maps, Google Play, and a range of hardware and subscription products.

Alphabet also operates Google Cloud, which provides infrastructure, data analytics, cybersecurity, productivity software, and artificial intelligence services to businesses, governments, and other organizations.