Alphabet (NASDAQ:GOOG) Stock Price Expected to Rise, TD Cowen Analyst Says

Alphabet (NASDAQ:GOOG) had its price target upped by investment analysts at TD Cowen from $375.00 to $450.00 in a report released on Thursday,Benzinga reports. The firm currently has a “buy” rating on the information services provider’s stock. TD Cowen’s price objective suggests a potential upside of 18.22% from the stock’s previous close.

Several other research firms also recently issued reports on GOOG. Weiss Ratings reissued a “buy (b)” rating on shares of Alphabet in a research report on Monday, April 20th. Scotiabank reissued an “outperform” rating on shares of Alphabet in a research report on Thursday. Canaccord Genuity Group lifted their price target on shares of Alphabet from $330.00 to $390.00 and gave the company a “buy” rating in a research report on Wednesday, January 7th. Raymond James Financial reissued a “strong-buy” rating and issued a $425.00 price target on shares of Alphabet in a research report on Thursday. Finally, Piper Sandler reissued an “overweight” rating and issued a $395.00 price target on shares of Alphabet in a research report on Thursday, February 5th. Seven research analysts have rated the stock with a Strong Buy rating, twenty-nine have given a Buy rating and three have issued a Hold rating to the stock. Based on data from MarketBeat.com, the stock has an average rating of “Buy” and a consensus target price of $360.57.

Alphabet Stock Up 9.6%

NASDAQ GOOG traded up $33.33 during mid-day trading on Thursday, hitting $380.64. The company’s stock had a trading volume of 34,937,838 shares, compared to its average volume of 20,996,371. The company’s 50 day simple moving average is $310.87 and its 200 day simple moving average is $307.25. Alphabet has a twelve month low of $149.49 and a twelve month high of $382.32. The company has a current ratio of 2.01, a quick ratio of 2.01 and a debt-to-equity ratio of 0.11. The firm has a market capitalization of $4.60 trillion, a price-to-earnings ratio of 35.14, a PEG ratio of 2.16 and a beta of 1.13.

Alphabet (NASDAQ:GOOG) last posted its quarterly earnings results on Thursday, April 30th. The information services provider reported $5.11 earnings per share (EPS) for the quarter, beating the consensus estimate of $2.63 by $2.48. Alphabet had a net margin of 32.81% and a return on equity of 35.01%. The business had revenue of $109.90 billion during the quarter, compared to the consensus estimate of $106.60 billion. During the same quarter last year, the firm posted $2.81 EPS. Alphabet’s revenue was up 21.8% compared to the same quarter last year. Analysts anticipate that Alphabet will post 11.53 earnings per share for the current year.

Insider Activity

In other Alphabet news, insider John Kent Walker sold 47,574 shares of Alphabet stock in a transaction on Tuesday, February 17th. The shares were sold at an average price of $301.45, for a total transaction of $14,341,182.30. Following the transaction, the insider directly owned 13,227 shares of the company’s stock, valued at $3,987,279.15. The trade was a 78.25% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. Also, CEO Sundar Pichai sold 32,500 shares of Alphabet stock in a transaction on Wednesday, February 4th. The stock was sold at an average price of $335.18, for a total transaction of $10,893,350.00. Following the transaction, the chief executive officer directly owned 2,179,372 shares in the company, valued at $730,481,906.96. This represents a 1.47% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Over the last ninety days, insiders sold 2,037,192 shares of company stock worth $94,182,217. Company insiders own 12.99% of the company’s stock.

Hedge Funds Weigh In On Alphabet

Hedge funds have recently bought and sold shares of the company. Tradewinds LLC. increased its position in shares of Alphabet by 2,134.8% during the third quarter. Tradewinds LLC. now owns 45,098 shares of the information services provider’s stock valued at $10,984,000 after buying an additional 43,080 shares during the period. Kathmere Capital Management LLC increased its position in shares of Alphabet by 8.5% during the fourth quarter. Kathmere Capital Management LLC now owns 29,896 shares of the information services provider’s stock valued at $9,381,000 after buying an additional 2,341 shares during the period. Atlantic Union Bankshares Corp increased its position in shares of Alphabet by 31.3% during the third quarter. Atlantic Union Bankshares Corp now owns 354,529 shares of the information services provider’s stock valued at $86,345,000 after buying an additional 84,553 shares during the period. Baltimore Washington Financial Advisors Inc. grew its holdings in shares of Alphabet by 0.9% during the third quarter. Baltimore Washington Financial Advisors Inc. now owns 221,391 shares of the information services provider’s stock worth $53,920,000 after purchasing an additional 2,009 shares in the last quarter. Finally, CWA Asset Management Group LLC grew its holdings in shares of Alphabet by 2.2% during the third quarter. CWA Asset Management Group LLC now owns 157,143 shares of the information services provider’s stock worth $38,272,000 after purchasing an additional 3,444 shares in the last quarter. 27.26% 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: Q1 earnings materially beat expectations — EPS $5.11 and revenue $109.9B; Google Cloud growth accelerated ~63%, validating AI monetization and driving investor confidence. Alphabet’s cloud unit beats quarterly revenue estimates on strong AI demand
• Positive Sentiment: Cloud momentum and large enterprise backlog underpin multi?year revenue visibility (reports cite a very large cloud backlog and surging AI product revenue). This is a primary rationale analysts give for higher targets. Alphabet’s Google Cloud Growth Rate Accelerates: More Upside Ahead?
• Positive Sentiment: Product wins and distribution: Google is rolling Gemini (its advanced AI assistant) into millions of vehicles with Google Built?In, expanding reach of AI features and potential ad/commerce integrations. Google’s Gemini AI assistant is hitting the road in millions of vehicles
• Positive Sentiment: Wall Street is raising price targets and issuing upgrades after the quarter (multiple firms lifted targets and reiterated buys), supporting further upside expectations. Wall Street Lifts Alphabet Price Targets After Cloud’s 63% Growth: Is the AI Stack Story Just Getting Started?
• Neutral Sentiment: Subscriptions and ad resilience: YouTube and Google One subscriptions added millions of users, helping diversify revenue beyond direct ad clicks. Google gains 25M subscriptions in Q1, driven by YouTube and Google One
• Neutral Sentiment: Heavy capex plan — Alphabet raised 2026 capex guidance (to as much as ~$180–190B) and signaled increased spending in 2027; this funds AI/data?center growth but reduces near?term free cash flow. Alphabet ups 2026 capex to as much as $190 billion, expects to ‘significantly increase’ in 2027
• Negative Sentiment: Regulatory and antitrust scrutiny is resurfacing in Europe (Italy asked the EU to investigate Google’s AI search tools) — any major remedy or fines could dampen growth or change product economics. Italy’s media regulator asks EU to investigate Google AI search tools over publisher
• Negative Sentiment: Insider selling and elevated scrutiny on buybacks/cash flow: public datasets show significant insider share sales and large buybacks historically — watch insider flows and whether buybacks offset dilution from comp and capex. Alphabet Stock (GOOGL) Opinions on Q1 Earnings Beat

Alphabet Company Profile

Alphabet Inc (NASDAQ: GOOG) is a multinational technology holding company headquartered in Mountain View, California. Formed in 2015 through a corporate restructuring of Google, Alphabet serves as the parent to Google LLC and a portfolio of businesses collectively known as “Other Bets.” Google was originally founded in 1998 by Larry Page and Sergey Brin; Alphabet is led by CEO Sundar Pichai, who oversees Google and the broader company while the founders remain prominent shareholders and influential figures in the company’s history.

Alphabet’s core business centers on internet search and advertising, with Google Search and the company’s ad platforms (including Google Ads and AdSense) generating the majority of revenue by connecting advertisers with consumers worldwide.