A major move is in the offing as Alphabet Inc (GOOG) market cap hits 2985.13 billion

Steve Mayer

On Friday, Alphabet Inc (NASDAQ: GOOG) opened higher 0.25% from the last session, before settling in for the closing price of $246.57. Price fluctuations for GOOG have ranged from $142.66 to $256.70 over the past 52 weeks.

Over the past five-year period, the growth rate of yearbook sales for the company of the Communication Services sector was 26.76%. Company’s average yearly earnings per share was noted 23.53% at the time writing. With a float of $5.04 billion, this company’s outstanding shares have now reached $5.44 billion.

Alphabet Inc (GOOG) Insider Activity

A key investor’s attitude towards the stock of the Internet Content & Information industry is another important factor to consider. The insider ownership of Alphabet Inc is 58.32%, while institutional ownership is 26.79%. The most recent insider transaction that took place on Sep 17 ’25, was worth 8,108,846. In this transaction Chief Executive Officer of this company sold 32,500 shares at a rate of $249.50, taking the stock ownership to the 2,397,392 shares. Before that another transaction happened on Sep 17 ’25, when Company’s Director proposed sale 4,000 for $251.42, making the entire transaction worth $1,005,680.

Alphabet Inc (GOOG) Earnings and Forecasts

If we go through the results of last quarter, which was made public on 9/30/2024, the company posted 2.12 earnings per share (EPS) for the quarter, besting the agreed prediction (set at 1.85) by 0.27. Wall Street market experts anticipate that the next fiscal year will bring earnings of 2.56 per share during the current fiscal year.

According to the Wall Street analysts, stocks earnings will be around 23.53% per share during the next fiscal year. For the long-term projections, market analysts anticipate that the company’s EPS will surge by 14.85% during the next five years compared to 26.76% growth over the previous five years of trading.

Alphabet Inc (NASDAQ: GOOG) Trading Performance Indicators

Check out the current performance indicators for Alphabet Inc (GOOG). In the past quarter, the stock posted a quick ratio of 1.90. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 8.04. Likewise, its price to free cash flow for the trailing twelve months is 44.74.

For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is 9.39, a number that is poised to hit 2.32 in the next quarter and is forecasted to reach 10.68 in one year’s time.

Technical Analysis of Alphabet Inc (GOOG)

Compared to the last year’s volume of 23.87 million, its volume of 17.71 million showed lagged in the last five days. As of the previous 9 days, the stock’s Stochastic %D was 40.23%.

During the past 100 days, Alphabet Inc’s (GOOG) raw stochastic average was set at 91.12%, which indicates a significant increase from 59.18% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 5.03 in the past 14 days, which was higher than the 4.38 volatility it showed in the past 100 days.

At the time of writing, stock’s 50-day Moving Average is $216.05, while its 200-day Moving Average is $186.39. Nevertheless, the first resistance level for the watch stands at $249.32 in the near term. At $251.46, the stock is likely to face the second major resistance level. The third major resistance level sits at $252.80. If the price goes on to break the first support level at $245.84, it is likely to go to the next support level at $244.50. Should the price break the second support level, the third support level stands at $242.36.

Alphabet Inc (NASDAQ: GOOG) Key Stats

There are currently 12,094,000K shares outstanding in the company with a market cap of 2985.13 billion. Presently, the company’s annual sales total 350,018 M according to its annual income of 100,118 M. Last quarter, the company’s sales amounted to 96,428 M and its income totaled 28,196 M.

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