Wedbush Issues Optimistic Outlook for Alphabet Earnings

Alphabet Inc. (NASDAQ:GOOGL - Free Report) - Research analysts at Wedbush raised their Q2 2025 earnings per share estimates for Alphabet in a research report issued on Monday, January 6th. Wedbush analyst S. Devitt now anticipates that the information services provider will post earnings of $2.17 per share for the quarter, up from their previous estimate of $2.15. Wedbush currently has a "Outperform" rating and a $220.00 target price on the stock. The consensus estimate for Alphabet's current full-year earnings is $8.01 per share. Wedbush also issued estimates for Alphabet's Q3 2025 earnings at $2.28 EPS, Q4 2025 earnings at $2.46 EPS, FY2025 earnings at $8.94 EPS and FY2026 earnings at $9.90 EPS.

Alphabet (NASDAQ:GOOGL - Get Free Report) last announced its earnings results on Tuesday, October 29th. The information services provider reported $2.12 EPS for the quarter, beating the consensus estimate of $1.83 by $0.29. Alphabet had a return on equity of 31.66% and a net margin of 27.74%. The business had revenue of $88.27 billion for the quarter, compared to analysts' expectations of $72.85 billion. During the same period in the prior year, the business posted $1.55 earnings per share.

Several other research analysts have also issued reports on GOOGL. Wolfe Research increased their target price on shares of Alphabet from $220.00 to $230.00 and gave the stock an "outperform" rating in a research note on Friday. Citizens Jmp cut shares of Alphabet from a "strong-buy" rating to a "hold" rating in a research report on Thursday, January 2nd. China Renaissance raised Alphabet from a "hold" rating to a "buy" rating in a research report on Thursday, October 31st. KeyCorp increased their price target on Alphabet from $200.00 to $215.00 and gave the stock an "overweight" rating in a report on Wednesday, October 30th. Finally, Evercore ISI boosted their price objective on Alphabet from $200.00 to $205.00 and gave the company an "outperform" rating in a report on Wednesday, October 30th. Nine equities research analysts have rated the stock with a hold rating, thirty have given a buy rating and four have given a strong buy rating to the company's stock. According to data from MarketBeat, Alphabet has an average rating of "Moderate Buy" and a consensus target price of $206.82.

Remove Ads

Alphabet Trading Down 0.7 %

GOOGL traded down $1.38 during trading on Tuesday, reaching $195.49. 26,462,439 shares of the stock traded hands, compared to its average volume of 23,741,336. The company has a quick ratio of 1.95, a current ratio of 1.95 and a debt-to-equity ratio of 0.04. The stock's 50-day moving average is $180.84 and its 200 day moving average is $172.60. Alphabet has a 12 month low of $130.66 and a 12 month high of $201.42. The stock has a market capitalization of $2.39 trillion, a PE ratio of 25.93, a P/E/G ratio of 1.35 and a beta of 0.98.

Institutional Trading of Alphabet

A number of institutional investors and hedge funds have recently added to or reduced their stakes in GOOGL. McAlister Sweet & Associates Inc. boosted its holdings in shares of Alphabet by 1.5% during the 4th quarter. McAlister Sweet & Associates Inc. now owns 28,733 shares of the information services provider's stock valued at $5,439,000 after buying an additional 425 shares in the last quarter. Range Financial Group LLC grew its holdings in Alphabet by 2.6% in the fourth quarter. Range Financial Group LLC now owns 3,085 shares of the information services provider's stock worth $584,000 after purchasing an additional 78 shares during the period. One Wealth Capital Management LLC bought a new position in shares of Alphabet during the fourth quarter valued at approximately $1,753,000. Norway Savings Bank lifted its holdings in shares of Alphabet by 2.0% during the fourth quarter. Norway Savings Bank now owns 34,514 shares of the information services provider's stock valued at $6,534,000 after purchasing an additional 690 shares during the last quarter. Finally, Strathmore Capital Advisors Inc. bought a new stake in shares of Alphabet in the 4th quarter worth approximately $353,000. Hedge funds and other institutional investors own 40.03% of the company's stock.

Insider Activity

In related news, CAO Amie Thuener O'toole sold 2,834 shares of the stock in a transaction dated Tuesday, October 15th. The stock was sold at an average price of $167.23, for a total transaction of $473,929.82. Following the completion of the sale, the chief accounting officer now directly owns 26,349 shares in the company, valued at $4,406,343.27. This represents a 9.71 % decrease in their position. The sale was disclosed in a legal filing with the SEC, which is available through this link. Also, Director John L. Hennessy sold 1,500 shares of the company's stock in a transaction on Monday, October 14th. The shares were sold at an average price of $164.95, for a total transaction of $247,425.00. Following the sale, the director now owns 26,324 shares of the company's stock, valued at $4,342,143.80. This represents a 5.39 % decrease in their ownership of the stock. The disclosure for this sale can be found here. In the last three months, insiders have sold 155,887 shares of company stock worth $27,996,356. 11.55% of the stock is currently owned by insiders.

Alphabet Announces Dividend

The company also recently disclosed a quarterly dividend, which was paid on Monday, December 16th. Stockholders of record on Monday, December 9th were issued a $0.20 dividend. This represents a $0.80 dividend on an annualized basis and a dividend yield of 0.41%. The ex-dividend date was Monday, December 9th. Alphabet's payout ratio is currently 10.61%.

About Alphabet

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.