Alphabet (NASDAQ:GOOGL) Reaches New 12-Month High After Better-Than-Expected Earnings

01 Nov 2025, 01:07 by Amy Steele · The Cerbat Gem

Alphabet Inc. (NASDAQ:GOOGL – Get Free Report)’s share price hit a new 52-week high on Thursday following a stronger than expected earnings report. The stock traded as high as $275.34 and last traded at $274.57, with a volume of 41565385 shares. The stock had previously closed at $267.47.

The information services provider reported $2.87 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $2.29 by $0.58. Alphabet had a return on equity of 36.08% and a net margin of 32.23%.The company had revenue of $102.35 billion for the quarter, compared to analyst estimates of $99.90 billion.

Wall Street Analyst Weigh In

A number of analysts have commented on GOOGL shares. China Renaissance raised their price objective on Alphabet from $207.00 to $330.00 and gave the stock a “buy” rating in a research report on Friday. CICC Research lifted their target price on Alphabet from $240.00 to $303.00 and gave the company an “outperform” rating in a research note on Friday. BNP Paribas Exane lifted their target price on Alphabet from $187.00 to $247.00 and gave the company a “neutral” rating in a research note on Tuesday, October 21st. Tigress Financial lifted their target price on Alphabet from $240.00 to $280.00 and gave the stock a “strong-buy” rating in a report on Friday, September 5th. Finally, JMP Securities reissued a “market outperform” rating and issued a $290.00 price target on shares of Alphabet in a research note on Wednesday, October 22nd. Three equities research analysts have rated the stock with a Strong Buy rating, thirty-five have assigned a Buy rating and nine have assigned a Hold rating to the stock. Based on data from MarketBeat.com, the company presently has a consensus rating of “Moderate Buy” and a consensus price target of $301.98.

Read Our Latest Analysis on GOOGL

Insider Buying and Selling at Alphabet

In other Alphabet news, CEO Sundar Pichai sold 32,500 shares of Alphabet stock in a transaction that occurred on Wednesday, September 17th. The shares were sold at an average price of $249.50, for a total transaction of $8,108,750.00. Following the transaction, the chief executive officer owned 2,397,392 shares of the company’s stock, valued at $598,149,304. This trade represents a 1.34% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through the SEC website. Also, insider John Kent Walker sold 23,820 shares of Alphabet stock in a transaction that occurred on Monday, August 4th. The stock was sold at an average price of $194.70, for a total transaction of $4,637,754.00. Following the completion of the sale, the insider directly owned 42,999 shares in the company, valued at $8,371,905.30. This trade represents a 35.65% decrease in their position. The SEC filing for this sale provides additional information. In the last quarter, insiders sold 246,150 shares of company stock worth $55,805,379. Insiders own 11.64% of the company’s stock.

Institutional Inflows and Outflows

A number of hedge funds have recently bought and sold shares of the business. First Command Advisory Services Inc. grew its position in Alphabet by 14.4% in the third quarter. First Command Advisory Services Inc. now owns 9,177 shares of the information services provider’s stock worth $2,231,000 after acquiring an additional 1,157 shares in the last quarter. Riverwater Partners LLC grew its position in Alphabet by 15.9% in the third quarter. Riverwater Partners LLC now owns 13,923 shares of the information services provider’s stock worth $3,385,000 after acquiring an additional 1,914 shares in the last quarter. Tandem Financial LLC grew its position in Alphabet by 4.0% in the third quarter. Tandem Financial LLC now owns 4,156 shares of the information services provider’s stock worth $1,010,000 after acquiring an additional 161 shares in the last quarter. Flagstone Financial Management purchased a new position in Alphabet in the third quarter worth $240,000. Finally, Pier 88 Investment Partners LLC purchased a new position in Alphabet in the third quarter worth $4,157,000. 40.03% of the stock is currently owned by hedge funds and other institutional investors.

Alphabet Price Performance

The firm’s 50-day moving average is $244.00 and its 200-day moving average is $199.68. The company has a market capitalization of $3.40 trillion, a PE ratio of 27.74, a price-to-earnings-growth ratio of 1.86 and a beta of 1.00. The company has a quick ratio of 1.90, a current ratio of 1.90 and a debt-to-equity ratio of 0.07.

About Alphabet

(Get Free Report)