What is Wedbush's Forecast for Alphabet Q1 Earnings?

Alphabet Inc. (NASDAQ:GOOGL - Free Report) - Equities research analysts at Wedbush issued their Q1 2025 earnings per share (EPS) estimates for Alphabet in a research report issued to clients and investors on Wednesday, October 23rd. Wedbush analyst S. Devitt forecasts that the information services provider will post earnings per share of $1.95 for the quarter. Wedbush currently has a "Outperform" rating and a $205.00 target price on the stock. The consensus estimate for Alphabet's current full-year earnings is $7.64 per share. Wedbush also issued estimates for Alphabet's Q2 2025 earnings at $2.10 EPS, Q3 2025 earnings at $2.10 EPS, Q4 2025 earnings at $2.39 EPS, FY2025 earnings at $8.53 EPS and FY2026 earnings at $9.59 EPS.

Alphabet (NASDAQ:GOOGL - Get Free Report) last posted its quarterly earnings results on Tuesday, July 23rd. The information services provider reported $1.89 earnings per share (EPS) for the quarter, beating the consensus estimate of $1.85 by $0.04. Alphabet had a return on equity of 30.49% and a net margin of 26.70%. The business had revenue of $84.74 billion for the quarter, compared to analyst estimates of $70.60 billion. During the same period in the prior year, the company posted $1.44 EPS.

A number of other research firms have also issued reports on GOOGL. DA Davidson started coverage on Alphabet in a research report on Tuesday, September 10th. They set a "neutral" rating and a $170.00 price objective for the company. Citigroup upped their price target on shares of Alphabet from $190.00 to $212.00 and gave the stock a "buy" rating in a research report on Wednesday, July 24th. Scotiabank raised shares of Alphabet to a "strong-buy" rating in a report on Friday, October 11th. Rosenblatt Securities reissued a "neutral" rating and set a $181.00 target price on shares of Alphabet in a research note on Wednesday, July 24th. Finally, Morgan Stanley cut their price target on Alphabet from $205.00 to $190.00 and set an "overweight" rating on the stock in a report on Tuesday, September 3rd. Eight investment analysts have rated the stock with a hold rating, twenty-nine have issued a buy rating and four have given a strong buy rating to the stock. Based on data from MarketBeat.com, the stock has a consensus rating of "Moderate Buy" and a consensus target price of $201.76.

Alphabet Stock Performance

Shares of Alphabet stock traded up $2.55 on Friday, reaching $165.27. 19,805,220 shares of the company were exchanged, compared to its average volume of 26,842,152. The company has a debt-to-equity ratio of 0.04, a quick ratio of 2.08 and a current ratio of 2.08. The company's 50-day moving average is $161.90 and its two-hundred day moving average is $168.36. The firm has a market cap of $2.04 trillion, a price-to-earnings ratio of 25.35, a P/E/G ratio of 1.21 and a beta of 1.04. Alphabet has a 1-year low of $120.21 and a 1-year high of $191.75.

Insider Buying and Selling at Alphabet

In other Alphabet news, CAO Amie Thuener O'toole sold 682 shares of the company's stock in a transaction on Friday, August 2nd. The stock was sold at an average price of $168.00, for a total transaction of $114,576.00. Following the completion of the sale, the chief accounting officer now directly owns 31,334 shares in the company, valued at $5,264,112. This represents a 0.00 % decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website. In other news, CEO Sundar Pichai sold 22,500 shares of the firm's stock in a transaction on Wednesday, August 7th. The shares were sold at an average price of $162.35, for a total transaction of $3,652,875.00. Following the completion of the transaction, the chief executive officer now owns 2,182,385 shares of the company's stock, valued at approximately $354,310,204.75. This trade represents a 0.00 % decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. Also, CAO Amie Thuener O'toole sold 682 shares of Alphabet stock in a transaction on Friday, August 2nd. The stock was sold at an average price of $168.00, for a total transaction of $114,576.00. Following the transaction, the chief accounting officer now owns 31,334 shares in the company, valued at approximately $5,264,112. This trade represents a 0.00 % decrease in their position. The disclosure for this sale can be found here. Insiders sold 220,426 shares of company stock valued at $35,993,340 in the last three months. Corporate insiders own 11.55% of the company's stock.

Institutional Inflows and Outflows

Several hedge funds and other institutional investors have recently bought and sold shares of GOOGL. Vanguard Group Inc. grew its position in shares of Alphabet by 0.8% during the 1st quarter. Vanguard Group Inc. now owns 497,874,324 shares of the information services provider's stock worth $75,144,172,000 after buying an additional 4,064,073 shares during the period. Capital Research Global Investors boosted its position in shares of Alphabet by 14.4% during the 1st quarter. Capital Research Global Investors now owns 57,803,291 shares of the information services provider's stock worth $8,724,251,000 after purchasing an additional 7,275,757 shares in the last quarter. Bank of New York Mellon Corp grew its stake in shares of Alphabet by 0.5% in the 2nd quarter. Bank of New York Mellon Corp now owns 49,472,478 shares of the information services provider's stock valued at $9,011,412,000 after buying an additional 238,403 shares during the period. Capital World Investors increased its position in Alphabet by 1.7% in the 1st quarter. Capital World Investors now owns 35,412,299 shares of the information services provider's stock valued at $5,344,778,000 after buying an additional 597,756 shares in the last quarter. Finally, American Century Companies Inc. raised its stake in Alphabet by 1.8% during the 2nd quarter. American Century Companies Inc. now owns 23,465,190 shares of the information services provider's stock worth $4,274,184,000 after buying an additional 418,204 shares during the period. 40.03% of the stock is owned by institutional investors and hedge funds.

Alphabet Company Profile

Alphabet Inc offers various products and platforms in the United States, Europe, the Middle East, Africa, the Asia-Pacific, Canada, and Latin America. It operates through Google Services, Google Cloud, and Other Bets segments. The Google Services segment provides products and services, including ads, Android, Chrome, devices, Gmail, Google Drive, Google Maps, Google Photos, Google Play, Search, and YouTube.