Analysts predict Alphabet Inc (GOOG) stock to reach $171 in the next 12 months

Alphabet Inc [GOOG] stock is trading at $166.81, up 3.68%. In order to assess the stock’s recent performance, you can check whether its short-term value is rising or falling. The GOOG shares have gain 9.17% over the last week, with a monthly amount glided 3.31%, and seem to be holding up well over a long-time horizon.

From an analyst’s perspective:

Alphabet Inc [NASDAQ: GOOG] stock has seen the most recent analyst activity on October 30, 2024, when Seaport Research Partners upgraded its rating to a Buy but kept the price target unchanged to $200 for it. Previously, Scotiabank started tracking the stock with Sector Outperform rating on October 11, 2024, and set its price target to $212. On October 01, 2024, Pivotal Research Group initiated with a Buy rating and assigned a price target of $215 on the stock. TD Cowen reiterated its Buy rating and increased its price target to $220 on July 10, 2024. Rosenblatt downgraded its rating to a Neutral but $181 remained the price target by the analyst firm on June 28, 2024. Oppenheimer reiterated a Outperform rating for this stock on April 08, 2024, and upped its price target to $185.

Alphabet Inc [GOOG] stock has fluctuated between $142.66 and $208.70 over the past year. Currently, Wall Street analysts expect the stock to reach $171 within the next 12 months. Alphabet Inc [NASDAQ: GOOG] shares were valued at $166.81 at the most recent close of the market. An investor can expect a potential return of 2.51% based on the average GOOG price forecast.

Analyzing the GOOG fundamentals

Alphabet Inc [NASDAQ:GOOG] reported sales of 359.31B for the trailing twelve months, which represents a growth of 11.81%. Gross Profit Margin for this corporation currently stands at 0.59% with Operating Profit Margin at 0.33%, Pretax Profit Margin comes in at 0.37%, and Net Profit Margin reading is 0.31%. To continue investigating profitability, this company’s Return on Assets is posted at 0.23, Equity is 0.35 and Total Capital is 0.31. An extended analysis of the company’s primary financial structure reveals a debt-to-equity ratio of0.07.

Before buying any particular stock, readers tend to pay close attention to the indicators that support and create resistance. The company’s stock is currently sitting at 162.38 points at the first support level, and at 157.95 for the second support level. However, for the 1st resistance point, the stock is sitting at 169.79, and for the 2nd resistance point, it is at 172.77.

Ratios To Look Out For

For context, Alphabet Inc’s Current Ratio is 1.77. In addition, the Quick Ratio stands at 1.77 and the Cash Ratio stands at 0.25. Considering the valuation of this stock, the price to sales ratio is 5.61, the price to book ratio is 5.87 and price to earnings (TTM) ratio is 18.60.

Transactions by insiders

Recent insider trading involved Hennessy John L., Director, that happened on May 13 ’25 when 200.0 shares were purchased. Chief Executive Officer, Pichai Sundar completed a deal on May 07 ’25 to sell 32500.0 shares. Meanwhile, Director SUNDAR PICHAI bought 32500.0 shares on May 07 ’25.

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