Alphabet receives consensus “Buy” rating from analysts
Analysts covering Alphabet issued a consensus “Buy” recommendation, with 29 firms rating the stock as a buy, five as a strong buy and four as a hold. The average 12‑month price target across the 38 rating firms is $376.78. The company’s shares opened at $367.46 and the firm maintains a market capitalization of about $4.45 trillion, a price‑to‑earnings ratio of 28.03 and a beta of 1.22.
Alphabet reported quarterly earnings of $5.11 per share on revenue of $109.90 billion, beating consensus estimates and delivering a net margin of 37.92%. It also announced a quarterly dividend of $0.22 per share. Investors highlighted strong growth in Google Cloud, a large AI‑related backlog and recent increases in major stakeholders such as Berkshire Hathaway, all of which underpin the bullish outlook.
The consensus rating and dividend raise follow recent analyst upgrades, including raised price targets from Scotiabank ($450), KeyCorp (overweight) and TD Cowen ($475). The upgraded outlook reflects expectations of continued AI and data‑center expansion, including a $1.5 billion investment in an Alabama campus.