Alphabet (GOOGL) PT Raised to $3,500 at Monness, Crespi, Hardt

Alphabet (GOOGL) PT Raised to $3,100 at Canaccord Genuity

Canaccord Genuity analyst Maria Ripps raised the price target on Alphabet (NASDAQ: GOOGL) to $3,100.00 (from $2,800.00) while maintaining a Buy rating.

Alphabet (GOOG) PT Raised to $3,250 at JPMorgan

JPMorgan analyst Doug Anmuth raised the price target on Alphabet (NASDAQ: GOOG) to $3,250.00 (from $2,875.00) while maintaining a Overweight rating.

Alphabet (GOOGL) PT Raised to $3,140 at Guggenheim

Guggenheim analyst Michael Morris raised the price target on Alphabet (NASDAQ: GOOGL) to $3,140.00 (from $2,850.00) while maintaining a Buy rating.

The analyst commented, "Alphabet accelerated top-line growth on both a reported and 2-year CAGR comparison driven by strength in Search and Network advertising, YouTube brand (incremental... More

Alphabet (GOOG) PT Raised to $3,300 at Cowen

Cowen analyst John Blackledge raised the price target on Alphabet (NASDAQ: GOOG) to $3,300.00 (from $2,900.00) while maintaining an Outperform rating.

The analyst commented, "GOOG crushed 2Q21 results as topline accelerated meaningfully amid the backdrop of a robust ad market & momentum at... More

Alphabet (GOOGL) Crushes Q2 Expectations to Send Shares Higher as Search and YouTube Excel, Attracts a New Street-High Price Target

Shares of Alphabet (NASDAQ: GOOGL) (NASDAQ: GOOG) are up more than 4% in pre-open after the company smashed analysts expectations for the second quarter.

GOOGL reported EPS of $27.26 per share to demolish $19.34 per share expected from the surveyed market analysts. Sales were reported at $27.26 billion to top the $19.34 billion expected from Street.

In Q2, there was a rising tide of online activity in many parts of the world, and were proud that our services helped so many consumers and businesses. Our long-term investments in AI and Google Cloud are... More

Alphabet (GOOGL) PT Raised to $3,000 at Stifel

Stifel analyst Scott Devitt raised the price target on Alphabet (NASDAQ: GOOGL) to $3,000.00 (from $2,700.00) while maintaining a Buy rating.

The analyst commented, "Alphabet reported impressive 2Q results that meaningfully exceeded Street expectations across all key metrics. 2Q revenue growth accelerated to +57% y/y... More

Alphabet (GOOGL) PT Raised to $3,100 at Truist Securities

Truist Securities raised its price target on Alphabet (NASDAQ: GOOGL) to $3,100.00 (from $2,800.00) while maintaining a Buy rating.

Alphabet (GOOGL) PT Raised to $3,071 at KeyBanc

KeyBanc analyst Justin Patterson raised the price target on Alphabet (NASDAQ: GOOGL) to $3,071.00 (from $2,681.00) while maintaining a Overweight rating.

Alphabet (GOOGL) PT Raised to $3,200 at Needham & Company

Needham & Company analyst Laura Martin raised the price target on Alphabet (NASDAQ: GOOGL) to $3,200.00 (from $2,700.00) while maintaining a Buy rating.

The analyst commented, "GOOGL reported 2Q21 revenue of $61.9B, (up 62% y/y and 17% above our estimate), OIBDA of $26.1B up 102% y/y and 38%... More

Alphabet (GOOGL) PT Raised to $3,200 at Raymond James

Raymond James analyst Aaron Kessler raised the price target on Alphabet (NASDAQ: GOOGL) to $3,200.00 (from $2,750.00) while maintaining an Outperform rating.

The analyst commented, "Alphabet reported 2Q21 results solidly above-consensus with total FX-neutral revenue +57% y/y driven by strong performance across Search (+68% y/y), YouTube... More

Alphabet (GOOGL) PT Raised to $3,000 at BMO Capital

BMO Capital analyst Daniel Salmon raised the price target on Alphabet (NASDAQ: GOOGL) to $3,000.00 (from $2,700.00) while maintaining an Outperform rating.

The analyst commented, "The outperformance of search/DR revenue is driving a step change in Google Services OI margins this... More

Alphabet (GOOGL) PT Raised to $3,400 at Wolfe Research

Wolfe Research analyst Deepak Mathivanan raised the price target on Alphabet (NASDAQ: GOOGL) to $3,400.00 (from $2,900.00) while maintaining a Outperform rating.

Alphabet (GOOGL) PT Raised to $3,000 at Mizuho Securities

Mizuho Securities analyst James Lee raised the price target on Alphabet (NASDAQ: GOOGL) to $3,000.00 (from $2,800.00) while maintaining a Buy rating.

Alphabet (GOOGL) PT Raised to $3,600 at Susquehanna

Susquehanna analyst Shyam Patil raised the price target on Alphabet (NASDAQ: GOOGL) to $3,600.00 (from $3,100.00) while maintaining a Positive rating.

The analyst commented, "2Q was another beat across the board, with Search and YouTube putting up massive performances. Although the... More

Alphabet (GOOGL) PT Raised to $3,150 at BofA Securities

BofA Securities analyst Justin Post raised the price target on Alphabet (NASDAQ: GOOGL) to $3,150.00 (from $2,755.00) while maintaining a Buy rating.

Alphabet (GOOGL) PT Raised to $3,400 at Credit Suisse

Credit Suisse analyst Stephen Ju raised the price target on Alphabet (NASDAQ: GOOGL) to $3,400.00 (from $3,350.00) while maintaining a Outperform rating.

Alphabet (GOOGL) PT Raised to $3,200 at Barclays

Barclays analyst Ross Sandler raised the price target on Alphabet (NASDAQ: GOOGL) to $3,200.00 (from $3,000.00) while maintaining a Overweight rating.

Alphabet (GOOGL) PT Raised to $3,150 at Jefferies

Jefferies analyst Brent Thill raised the price target on Alphabet (NASDAQ: GOOGL) to $3,150.00 (from $2,950.00) while maintaining a Buy rating.

Alphabet (GOOGL) PT Raised to $3,000 at Morgan Stanley

Morgan Stanley analyst Brian Nowak raised the price target on Alphabet (NASDAQ: GOOGL) to $3,000.00 (from $2,575.00) while maintaining a Overweight rating.

Google parent Alphabet reaches record quarterly revenue, profit in ad boom

By Sheila Dang and Nivedita Balu

(Reuters) -Google parent Alphabet Inc's quarterly revenue and profit surged to record highs, the company reported on Tuesday, powered by a rise in advertising spending as more consumers shopped online.

Shares of Alphabet, the world's largest provider of search and video ads, rose 3.3% in extended trading after the results, which handily beat analyst estimates. Shares of Facebook, which competes with Google in web ad sales and reports its own results on Wednesday, rose 1.3%.

Overall, it was a stellar day for the big U.S. tech companies - Apple and Microsoft also reported record... More

Alphabet (GOOG) (GOOGL) Tops Q2 EPS by $8.05

Alphabet (NASDAQ: GOOG) reported Q2 EPS of $27.26, $8.05 better than the analyst estimate of $19.21. Revenue for the quarter came in at $61.88 billion versus the consensus estimate of $56.02 billion.

For earnings history and earnings-related data on Alphabet (GOOG) click here.