Alphabet (NASDAQ:GOOGL) Stock Price Target Cut by Rosenblatt Securities

Alphabet (NASDAQ:GOOGL) had its price objective lowered by research analysts at Rosenblatt Securities from $410.00 to $380.00 in a research report issued on Thursday, Benzinga reports. The firm currently has a “buy” rating on the information services provider’s stock. Rosenblatt Securities‘s price objective would suggest a potential upside of 16.96% from the stock’s previous close.

GOOGL has been the topic of a number of other reports. BMO Capital Markets reaffirmed an “outperform” rating and set a $480.00 target price (up from $465.00) on shares of Alphabet in a research report on Tuesday, October 20th. Piper Sandler lifted their price target on shares of Alphabet from $395.00 to $400.00 and gave the company an “overweight” rating in a research report on Monday, September 28th. Wedbush restated an “outperform” rating and set a $445.00 price target on shares of Alphabet in a research note on Thursday, July 23rd. UBS Group restated a “neutral” rating and set a $380.00 price objective (up from $379.00) on shares of Alphabet in a report on Wednesday, October 14th. Finally, Morgan Stanley set a $400.00 price objective on shares of Alphabet and gave the company an “overweight” rating in a research note on Thursday, July 23rd. Five analysts have rated the stock with a Strong Buy rating, forty-seven have assigned a Buy rating and four have assigned a Hold rating to the company. Based on data from MarketBeat.com, the stock currently has a consensus rating of “Buy” and an average target price of $423.04.

Alphabet Trading Up 1.3%

GOOGL opened at $324.89 on Thursday. Alphabet has a twelve month low of $267.67 and a twelve month high of $408.61. The company has a fifty day moving average of $341.50 and a 200-day moving average of $340.66. The stock has a market cap of $3.97 trillion, a PE ratio of 16.32, a price-to-earnings-growth ratio of 0.92 and a beta of 1.21. 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, October 28th. The information services provider reported $2.12 earnings per share (EPS) for the quarter, missing the consensus estimate of $3.02 by ($0.90). The business had revenue of $127.58 billion during the quarter, compared to analyst estimates of $127.96 billion. Alphabet had a net margin of 54.77% and a return on equity of 51.32%. On average, sell-side analysts predict that Alphabet will post 20.60 EPS for the current year.

Insider Buying and Selling at Alphabet

In related news, Director Frances Arnold sold 83 shares of Alphabet stock in a transaction that occurred on Wednesday, September 30th. The stock was sold at an average price of $340.45, for a total transaction of $28,257.35. Following the transaction, the director owned 19,076 shares of the company’s stock, valued at $6,494,424.20. The trade was a 0.43% decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available at this link. 11.61% of the stock is owned by corporate insiders.

Institutional Investors Weigh In On Alphabet

Several institutional investors have recently bought and sold shares of GOOGL. EMC Capital Management bought a new stake in Alphabet during the second quarter worth $35,000. Core Capital Management & Research inc. bought a new position in Alphabet in the 2nd quarter valued at $41,000. Intelligent Financial Strategies bought a new position in Alphabet in the 3rd quarter valued at $41,000. Premier Financial Group bought a new position in Alphabet in the 2nd quarter valued at $45,000. Finally, Van Den Berg Management I Inc. increased its position in shares of Alphabet by 319.6% during the 1st quarter. Van Den Berg Management I Inc. now owns 214 shares of the information services provider’s stock valued at $61,000 after purchasing an additional 163 shares during the last quarter. 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: Google Cloud delivered exceptional growth: Revenue more than doubled to approximately $31 billion, surpassing expectations as demand for AI infrastructure remained strong. Alphabet’s Google Cloud unit beats quarterly revenue estimates
• Positive Sentiment: AI-chip prospects are improving: OpenAI reportedly plans to purchase Google’s custom TPU chips, while Alphabet is expanding TPU availability through Oracle Cloud. These developments could create a new infrastructure revenue stream and reduce reliance on Nvidia. Google alters cloud playbook to sell more AI chips
• Positive Sentiment: Alphabet continues expanding its AI ecosystem: Google launched the Gemini 4 Carbon model and is extending AI-powered Search ads and connected-app capabilities, potentially creating future monetization opportunities. Google expands AI Search ads globally
• Neutral Sentiment: Legal risks remain an overhang: Several law firms publicized an existing securities-fraud class action alleging Alphabet misrepresented development delays involving Gemini 3.5 Pro. The announcements do not establish wrongdoing, but they could add reputational and litigation risk. Alphabet securities fraud lawsuit announcement
• Negative Sentiment: Alphabet missed quarterly expectations: Earnings per share were $2.12 versus a consensus estimate near $3.02, while revenue of $127.58 billion was slightly below forecasts. Net income also fell 25% year over year, partly because of an estimated $11 billion mark-to-market loss on its SpaceX investment.
• Negative Sentiment: Advertising momentum slowed: YouTube advertising revenue reached $11.2 billion, below the roughly $11.43 billion expected, while broader Search advertising growth also decelerated. This intensified concerns that AI assistants could disrupt Google’s core search business. Google shares fall as ad revenue misses estimates
• Negative Sentiment: AI investment is weighing heavily on cash generation: Alphabet reported approximately $9.1 billion in negative free cash flow and maintained elevated spending plans for data centers and AI capacity. Investors are questioning whether cloud growth can justify the scale and timing of this spending. Alphabet falls after free cash flow concerns

About Alphabet

Alphabet Inc is a technology holding company best known for its Google subsidiary. Google operates a global internet-services business centered on online search, digital advertising, YouTube, Android, Chrome, Google Maps, Google Play, and a broad range of cloud-based productivity and collaboration tools.

Google Cloud provides infrastructure, data analytics, cybersecurity, artificial intelligence, and enterprise software services to businesses, governments, and other organizations. Alphabet also develops consumer hardware, including Pixel devices and products for connected homes, while investing in emerging businesses through its “Other Bets” segment, including autonomous transportation and life sciences initiatives.

Alphabet was established in 2015 as part of a corporate restructuring that made Google a subsidiary and provided a separate structure for its expanding portfolio of businesses.