26 analysts have expressed a variety of opinions on Alphabet GOOGL over the past quarter, offering a diverse set of opinions from bullish to bearish.
Summarizing their recent assessments, the table below illustrates the evolving sentiments in the past 30 days and compares them to the preceding months.
| Bullish | Somewhat Bullish | Indifferent | Somewhat Bearish | Bearish | |
|---|---|---|---|---|---|
| Total Ratings | 9 | 11 | 6 | 0 | 0 |
| Last 30D | 0 | 0 | 1 | 0 | 0 |
| 1M Ago | 2 | 2 | 0 | 0 | 0 |
| 2M Ago | 0 | 0 | 1 | 0 | 0 |
| 3M Ago | 7 | 9 | 4 | 0 | 0 |
Providing deeper insights, analysts have established 12-month price targets, indicating an average target of $208.77, along with a high estimate of $232.00 and a low estimate of $185.00. Marking an increase of 3.04%, the current average surpasses the previous average price target of $202.62.
Breaking Down Analyst Ratings: A Detailed Examination
The standing of Alphabet among financial experts is revealed through an in-depth exploration of recent analyst actions. The summary below outlines key analysts, their recent evaluations, and adjustments to ratings and price targets.
| Analyst | Analyst Firm | Action Taken | Rating | Current Price Target | Prior Price Target |
|---|---|---|---|---|---|
| Andrew Boone | JMP Securities | Maintains | Market Perform | $220.00 | $220.00 |
| Justin Post | B of A Securities | Maintains | Buy | $210.00 | $210.00 |
| Doug Anmuth | JP Morgan | Raises | Overweight | $232.00 | $212.00 |
| Eric Sheridan | Goldman Sachs | Maintains | Buy | $210.00 | $210.00 |
| Colin Sebastian | Baird | Maintains | Outperform | $205.00 | $205.00 |
| Alan Gould | Loop Capital | Raises | Hold | $185.00 | $170.00 |
| Michael Levine | Pivotal Research | Raises | Buy | $225.00 | $215.00 |
| Mark Shmulik | Bernstein | Raises | Market Perform | $185.00 | $180.00 |
| Andrew Boone | JMP Securities | Raises | Market Outperform | $220.00 | $200.00 |
| Deepak Mathivanan | Cantor Fitzgerald | Maintains | Neutral | $190.00 | $190.00 |
| Rohit Kulkarni | Roth MKM | Raises | Buy | $212.00 | $206.00 |
| Justin Patterson | Keybanc | Raises | Overweight | $215.00 | $200.00 |
| Thomas Champion | Piper Sandler | Raises | Overweight | $210.00 | $200.00 |
| Brad Erickson | RBC Capital | Raises | Outperform | $210.00 | $204.00 |
| Youssef Squali | Truist Securities | Raises | Buy | $225.00 | $220.00 |
| Ken Gawrelski | Wells Fargo | Raises | Equal-Weight | $187.00 | $182.00 |
| Mark Mahaney | Evercore ISI Group | Raises | Outperform | $205.00 | $200.00 |
| Brian Pitz | BMO Capital | Raises | Outperform | $217.00 | $215.00 |
| Brian Nowak | Morgan Stanley | Raises | Overweight | $205.00 | $190.00 |
| Justin Post | B of A Securities | Raises | Buy | $210.00 | $206.00 |
| Laura Martin | Needham | Maintains | Buy | $210.00 | $210.00 |
| Scott Devitt | Wedbush | Maintains | Outperform | $205.00 | $205.00 |
| Youssef Squali | Truist Securities | Raises | Buy | $220.00 | $196.00 |
| Laura Martin | Needham | Maintains | Buy | $210.00 | $210.00 |
| Deepak Mathivanan | Cantor Fitzgerald | Maintains | Neutral | $190.00 | $190.00 |
| Brian Pitz | BMO Capital | Lowers | Outperform | $215.00 | $222.00 |
Key Insights:
- Action Taken: Analysts frequently update their recommendations based on evolving market conditions and company performance. Whether they 'Maintain', 'Raise' or 'Lower' their stance, it reflects their reaction to recent developments related to Alphabet. This information provides a snapshot of how analysts perceive the current state of the company.
- Rating: Delving into assessments, analysts assign qualitative values, from 'Outperform' to 'Underperform'. These ratings communicate expectations for the relative performance of Alphabet compared to the broader market.
- Price Targets: Analysts predict movements in price targets, offering estimates for Alphabet's future value. Examining the current and prior targets offers insights into analysts' evolving expectations.
To gain a panoramic view of Alphabet's market performance, explore these analyst evaluations alongside essential financial indicators. Stay informed and make judicious decisions using our Ratings Table.
Stay up to date on Alphabet analyst ratings.
Unveiling the Story Behind Alphabet
Alphabet is a holding company that wholly owns internet giant Google. The California-based company derives slightly less than 90% of its revenue from Google services, the vast majority of which is advertising sales. Alongside online ads, Google services houses sales stemming from Google's subscription services (YouTube TV, YouTube Music among others), platforms (sales and in-app purchases on Play Store), and devices (Chromebooks, Pixel smartphones, and smart home products such as Chromecast). Google's cloud computing platform, or GCP, accounts for roughly 10% of Alphabet's revenue with the firm's investments in up-and-coming technologies such as self-driving cars (Waymo), health (Verily), and internet access (Google Fiber) making up the rest.
A Deep Dive into Alphabet's Financials
Market Capitalization Analysis: With an elevated market capitalization, the company stands out above industry averages, showcasing substantial size and market acknowledgment.
Revenue Growth: Over the 3 months period, Alphabet showcased positive performance, achieving a revenue growth rate of 15.09% as of 30 September, 2024. This reflects a substantial increase in the company's top-line earnings. As compared to its peers, the revenue growth lags behind its industry peers. The company achieved a growth rate lower than the average among peers in Communication Services sector.
Net Margin: Alphabet's net margin is impressive, surpassing industry averages. With a net margin of 29.8%, the company demonstrates strong profitability and effective cost management.
Return on Equity (ROE): The company's ROE is a standout performer, exceeding industry averages. With an impressive ROE of 8.55%, the company showcases effective utilization of equity capital.
Return on Assets (ROA): Alphabet's financial strength is reflected in its exceptional ROA, which exceeds industry averages. With a remarkable ROA of 6.22%, the company showcases efficient use of assets and strong financial health.
Debt Management: Alphabet's debt-to-equity ratio is below the industry average at 0.09, reflecting a lower dependency on debt financing and a more conservative financial approach.
What Are Analyst Ratings?
Analysts are specialists within banking and financial systems that typically report for specific stocks or within defined sectors. These people research company financial statements, sit in conference calls and meetings, and speak with relevant insiders to determine what are known as analyst ratings for stocks. Typically, analysts will rate each stock once a quarter.
Some analysts publish their predictions for metrics such as growth estimates, earnings, and revenue to provide additional guidance with their ratings. When using analyst ratings, it is important to keep in mind that stock and sector analysts are also human and are only offering their opinions to investors.
If you want to keep track of which analysts are outperforming others, you can view updated analyst ratings along withanalyst success scores in Benzinga Pro.
Which Stocks Are Analysts Recommending Now?
Benzinga Edge gives you instant access to all major analyst upgrades, downgrades, and price targets. Sort by accuracy, upside potential, and more. Click here to stay ahead of the market.
This article was generated by Benzinga's automated content engine and reviewed by an editor.
© 2025 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.
Comments
date | ticker | name | Price Target | Upside/Downside | Recommendation | Firm |
|---|
Trade confidently with insights and alerts from analyst ratings, free reports and breaking news that affects the stocks you care about.
