<div id="readability-page-1"><p><span>Alphabet (NASDAQ:GOOGL - Get Free Report)</span> had its price target upped by JMP Securities  from $250.00 to $290.00 in a research note issued on Friday,Benzinga reports. The firm presently has a &#34;market outperform&#34; rating on the information services provider's stock. JMP Securities' price objective would indicate a potential upside of 15.07% from the company's previous close.</p><ul><li>Oracle to Hit $1 Trillion Valuation in 2025: Here’s Why</li></ul><p>Several other equities research analysts also recently issued reports on GOOGL. Citizens Jmp upgraded Alphabet from a &#34;market perform&#34; rating to an &#34;outperform&#34; rating and set a $220.00 price objective on the stock in a report on Friday, June 27th. Canaccord Genuity Group boosted their price objective on Alphabet from $230.00 to $270.00 and gave the company a &#34;buy&#34; rating in a report on Thursday, September 4th. BNP Paribas Exane  reissued a &#34;neutral&#34; rating and set a $172.00 target price on shares of Alphabet in a research note on Friday, June 27th. Rosenblatt Securities upped their price target on Alphabet from $191.00 to $224.00 and gave the stock a &#34;neutral&#34; rating in a report on Wednesday, September 3rd. Finally, DA Davidson upped their price target on Alphabet from $180.00 to $190.00 and gave the stock a &#34;neutral&#34; rating in a report on Tuesday, September 2nd. Three equities research analysts have rated the stock with a Strong Buy rating, thirty-two have issued  a Buy rating and ten have given a Hold rating to the company. Based on data from MarketBeat.com, Alphabet  has an average rating of &#34;Moderate Buy&#34; and a consensus target price of $225.54.</p><p><b>Read Our Latest Analysis on GOOGL</b></p><h2>Alphabet Price Performance</h2><ul><li>The Most Upgraded Stocks in Q3: Good News for the S&amp;P 500</li></ul><p>NASDAQ:GOOGL opened at $252.03 on Friday. Alphabet has a 52 week low of $140.53 and a 52 week high of $253.99. The company has a quick ratio of 1.90, a current ratio of 1.90 and a debt-to-equity ratio of 0.07. The company has a market capitalization of $3.05 trillion, a P/E ratio of 26.84, a P/E/G ratio of 1.68 and a beta of 1.01. The stock's fifty day moving average is $207.87 and its two-hundred day moving average is $179.73. </p><p>Alphabet (NASDAQ:GOOGL - Get Free Report) last posted its quarterly earnings data on Wednesday, July 23rd. The information services provider reported $2.31 earnings per share (EPS) for the quarter, beating the consensus estimate of $2.15 by $0.16. The firm had revenue of $96.43 billion for the quarter, compared to the consensus estimate of $93.60 billion. Alphabet had a return on equity of 34.31% and a net margin of 31.12%. Equities analysts expect that  Alphabet will post 8.9 EPS for the current year. </p><h2>Insider Transactions at Alphabet</h2><ul><li>If a Recession Is Coming, You'll Want to Own These 2 Stocks</li></ul><p>In related news, insider John Kent Walker sold 23,820 shares of the company's stock in a transaction dated Monday, August 4th. The stock was sold at an average price of $194.70, for a total value of $4,637,754.00. Following the completion of the sale, the insider directly owned 42,999 shares of the company's stock, valued at $8,371,905.30. This represents a 35.65% decrease in their position. The sale was disclosed in a document filed with the Securities &amp; Exchange Commission, which is available through the SEC website. Also, CAO Amie Thuener O'toole sold 2,778 shares of the stock in a transaction that occurred on Monday, September 15th. The stock was sold at an average price of $245.00, for a total value of $680,610.00. Following the sale, the chief accounting officer directly owned 17,293 shares of the company's stock, valued at $4,236,785. The trade was a 13.84% decrease in their ownership of the stock. The disclosure for this sale can be found here. Over the last quarter, insiders sold 258,088 shares of company stock worth $52,405,304. Insiders own  11.64% of the company's stock. </p><h2>Institutional Trading of Alphabet</h2><p>A number of hedge funds have recently added to or reduced their stakes in the stock. Brighton Jones LLC raised its stake in shares of  Alphabet by 3.9% during the 4th quarter. Brighton Jones LLC now owns 110,330 shares of the information services provider's stock worth $20,886,000 after buying an additional 4,110 shares in the last quarter.  Revolve Wealth Partners LLC raised its stake in shares of  Alphabet by 3.5% during the 4th quarter. Revolve Wealth Partners LLC now owns 14,930 shares of the information services provider's stock worth $2,826,000 after buying an additional 506 shares in the last quarter.  Forum Financial Management LP raised its stake in shares of  Alphabet by 6.4% during the 4th quarter. Forum Financial Management LP now owns 79,160 shares of the information services provider's stock worth $14,985,000 after buying an additional 4,756 shares in the last quarter.  AAF Wealth Management LLC raised its stake in shares of  Alphabet by 5.1% during the 4th quarter. AAF Wealth Management LLC now owns 4,119 shares of the information services provider's stock worth $780,000 after buying an additional 201 shares in the last quarter.  Finally, Retirement Planning Group LLC raised its stake in shares of  Alphabet by 7.0% during the 4th quarter. Retirement Planning Group LLC now owns 13,469 shares of the information services provider's stock worth $2,550,000 after buying an additional 877 shares in the last quarter. 40.03% of the stock is owned by institutional investors and hedge funds. </p><h2>About Alphabet</h2> (Get Free Report)<p>Alphabet Inc offers various products and platforms in the United States, Europe, the Middle East, Africa, the Asia-Pacific, Canada, and Latin America. It operates through Google Services, Google Cloud, and Other Bets segments. The Google Services segment provides products and services, including ads, Android, Chrome, devices, Gmail, Google Drive, Google Maps, Google Photos, Google Play, Search, and YouTube.</p><h2>Featured Stories</h2><ul><li>Five stocks we like better than Alphabet</li><li>Roth IRA Calculator: Calculate Your Potential Returns</li><li>Workday Rising… To Fresh Record High Stock Prices</li><li>Large Cap Stock Definition and How to Invest</li><li>McDonald’s: New All-Time Highs Are Inevitable</li><li>How to Start Investing in Real Estate</li><li>Joby's Stock Is Quiet, But Its Commercial Engine Is In Overdrive</li></ul><p><img src="https://imageproxy.pbkrs.com/https://www.marketbeat.com/scripts/RatingsAndPriceTargetChart.ashx/query-UHJlZml4PU5BU0RBUSZTeW1ib2w9R09PR0w?x-oss-process=image/auto-orient,1/interlace,1/resize,w_1440,h_1440/quality,q_95/format,jpg" width="650" height="330" original-src="https://imageproxy.pbkrs.com/https://www.marketbeat.com/scripts/RatingsAndPriceTargetChart.ashx/query-UHJlZml4PU5BU0RBUSZTeW1ib2w9R09PR0w"/></p><p><em>This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest and most accurate reporting. This story was reviewed by MarketBeat's editorial team prior to publication. Please send any questions or comments about this story to contact@marketbeat.com.</em></p><h2>Should You Invest $1,000 in Alphabet Right Now?</h2><p>Before you consider Alphabet, you'll want to hear this.</p><p>MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and Alphabet wasn't on the list.</p><p>While Alphabet currently has a Moderate Buy rating among analysts, top-rated analysts believe these five stocks are better buys.</p><p>View The Five Stocks Here</p>                  </div>

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<p>JMP Securities has raised its price target for Alphabet (NASDAQ: GOOGL) from $250.00 to $290.00, maintaining a "market outperform" rating. This new target suggests a potential upside of 15.07% from the previous close. Other analysts have also adjusted their ratings, with a consensus target price of $225.54. Alphabet's stock opened at $252.03, with a 52-week range of $140.53 to $253.99. The company reported strong quarterly earnings, exceeding estimates with $2.31 EPS and $96.43 billion in revenue.</p>

- JMP Securities raised Alphabet's price target from $250.00 to $290.00, indicating a potential upside of 15.07% from its previous close.  
- Several analysts have upgraded their ratings on Alphabet, with a consensus target price of $225.54 and a majority rating it as a "Moderate Buy."  
- Alphabet reported strong quarterly earnings, with $2.31 EPS, exceeding estimates, and a revenue of $96.43 billion, reflecting robust financial performance.  

JMP Securities Boosts Alphabet (NASDAQ:GOOGL) Price Target to $290.00