Alphabet Inc. GOOG Ranks 12th in Trading Volume at $35.58 Billion Amid Two-Day Stock Decline

On March 27, 2025, Alphabet Inc. (GOOG) experienced a trading volume of $35.58 billion, ranking it 12th in the day's stock market activity. The stock price of GOOG declined by 1.83%, marking the second consecutive day of decline, with a total decrease of 5.04% over the past two days.

Alphabet Inc. is a holding company that wholly owns Google, deriving nearly 90% of its revenue from Google services, primarily through advertising sales. Additionally, Google services include subscription services like YouTube TV and YouTube Music, platform sales and in-app purchases on the Play Store, and device sales such as Chromebooks, Pixel smartphones, and smart home products like Chromecast. Google Cloud Platform (GCP) contributes approximately 10% of Alphabet's revenue, while investments in emerging technologies like self-driving cars (Waymo), health (Verily), and internet access (Google Fiber) make up the remainder.

On February 6, 2025, DZ Bank downgraded Alphabet Inc. from a 'Buy' to a 'Hold' rating, adjusting the price target to $198. On January 27, 2025, Needham reiterated its 'Buy' rating for Alphabet Inc., increasing the price target from $210 to $225.