FY2026 EPS Estimates for Alphabet Lifted by Erste Group Bank

Key Points

• Erste Group Bank raised its FY2026 EPS estimate for Alphabet to $14.12 from $11.54, bringing it close to the consensus estimate of $14.29 per share.
• Alphabet’s latest quarterly results beat expectations, posting EPS of $5.11 versus $2.64 expected and revenue of $109.90 billion versus $106.98 billion anticipated.
• Analyst sentiment remains broadly positive, with multiple firms lifting price targets after the earnings beat and the stock carrying a consensus “Moderate Buy” rating.

Alphabet Inc. (NASDAQ:GOOGL - Free Report) - Erste Group Bank increased their FY2026 earnings per share estimates for shares of Alphabet in a note issued to investors on Tuesday, May 5th. Erste Group Bank analyst H. Engel now anticipates that the information services provider will earn $14.12 per share for the year, up from their prior estimate of $11.54. The consensus estimate for Alphabet's current full-year earnings is $14.29 per share.

Alphabet (NASDAQ:GOOGL - Get Free Report) last posted its earnings results on Wednesday, April 29th. The information services provider reported $5.11 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $2.64 by $2.47. Alphabet had a return on equity of 38.99% and a net margin of 37.92%.The firm had revenue of $109.90 billion for the quarter, compared to analyst estimates of $106.98 billion.

A number of other analysts have also recently commented on the company. Weiss Ratings reiterated a "buy (b)" rating on shares of Alphabet in a research report on Monday, April 20th. Mizuho lifted their price objective on Alphabet from $420.00 to $460.00 and gave the stock an "outperform" rating in a research report on Wednesday, May 6th. Susquehanna reiterated a "positive" rating and set a $460.00 price objective (up from $400.00) on shares of Alphabet in a research report on Thursday, April 30th. Deutsche Bank Aktiengesellschaft reiterated a "buy" rating on shares of Alphabet in a research report on Tuesday, April 28th. Finally, Raymond James Financial upgraded Alphabet from a "moderate buy" rating to a "strong-buy" rating in a research report on Thursday, January 22nd. Two equities research analysts have rated the stock with a Strong Buy rating, forty-seven have assigned a Buy rating and five have assigned a Hold rating to the stock. Based on data from MarketBeat, the company has an average rating of "Moderate Buy" and a consensus target price of $407.86.

Alphabet Price Performance

GOOGL stock opened at $400.69 on Monday. Alphabet has a 1 year low of $152.20 and a 1 year high of $402.00. The company has a debt-to-equity ratio of 0.16, a quick ratio of 1.92 and a current ratio of 1.92. The stock's 50 day moving average price is $318.66 and its 200 day moving average price is $311.72. The firm has a market cap of $4.85 trillion, a P/E ratio of 30.56, a PEG ratio of 1.64 and a beta of 1.26.

Alphabet Increases Dividend

The firm also recently declared a quarterly dividend, which will be paid on Monday, June 15th. Shareholders of record on Monday, June 8th will be issued a $0.22 dividend. This is a positive change from Alphabet's previous quarterly dividend of $0.21. The ex-dividend date is Monday, June 8th. This represents a $0.88 annualized dividend and a yield of 0.2%. Alphabet's dividend payout ratio (DPR) is presently 6.41%.

Insider Buying and Selling

In other Alphabet news, CEO Sundar Pichai sold 32,500 shares of Alphabet stock in a transaction dated Wednesday, March 18th. The stock was sold at an average price of $307.89, for a total value of $10,006,425.00. Following the completion of the sale, the chief executive officer owned 1,642,060 shares in the company, valued at $505,573,853.40. The trade was a 1.94% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through this link. Also, Director John L. Hennessy sold 1,050 shares of Alphabet stock in a transaction dated Wednesday, April 15th. The shares were sold at an average price of $331.65, for a total value of $348,232.50. Following the completion of the sale, the director owned 3,581 shares of the company's stock, valued at $1,187,638.65. This trade represents a 22.67% decrease in their position. The SEC filing for this sale provides additional information. Insiders have sold 158,553 shares of company stock worth $47,951,856 over the last ninety days. Insiders own 11.61% of the company's stock.

Institutional Trading of Alphabet

Hedge funds and other institutional investors have recently added to or reduced their stakes in the business. Strategic Wealth Advisors LLC lifted its stake in shares of Alphabet by 6.0% in the 1st quarter. Strategic Wealth Advisors LLC now owns 477 shares of the information services provider's stock valued at $137,000 after purchasing an additional 27 shares in the last quarter. Midwest Professional Planners LTD. lifted its stake in shares of Alphabet by 1.2% in the 1st quarter. Midwest Professional Planners LTD. now owns 2,364 shares of the information services provider's stock valued at $680,000 after purchasing an additional 29 shares in the last quarter. Symmetry Partners LLC lifted its stake in shares of Alphabet by 0.4% in the 4th quarter. Symmetry Partners LLC now owns 7,912 shares of the information services provider's stock valued at $2,476,000 after purchasing an additional 30 shares in the last quarter. Private Wealth Management Group LLC lifted its stake in shares of Alphabet by 1.2% in the 1st quarter. Private Wealth Management Group LLC now owns 2,540 shares of the information services provider's stock valued at $730,000 after purchasing an additional 30 shares in the last quarter. Finally, SKY Mountain Capital Management Inc. lifted its stake in shares of Alphabet by 1.1% in the 1st quarter. SKY Mountain Capital Management Inc. now owns 2,791 shares of the information services provider's stock valued at $803,000 after purchasing an additional 30 shares in the last quarter. Hedge funds and other institutional investors own 40.03% of the company's stock.

Trending Headlines about Alphabet

Here are the key news stories impacting Alphabet this week:

• Positive Sentiment: Alphabet unveiled upcoming AI-powered bidding and budget-pacing tools for Google Ads, which could make Search and Shopping advertising more efficient and attractive for advertisers. Google AI Automates Ad Bidding and Budget Pacing
• Positive Sentiment: Multiple analysts raised price targets on Alphabet, including DBS Bank to $460 and other firms lifting estimates after the company’s earnings beat, reinforcing the view that results remain stronger than expected. DBS Bank Adjusts Price Target on Alphabet to 460
• Positive Sentiment: Google Cloud’s partnership with OTB Group on a generative-AI virtual try-on experience adds to the narrative that Alphabet can monetize AI across enterprise and retail use cases. Google Cloud Partners With OTB Group
• Positive Sentiment: Reports highlighted strong investor appetite for AI leaders such as Google, and recent coverage continues to frame Alphabet as one of the main beneficiaries of the AI spending cycle. Google, Broadcom Drive Delirious Demand
• Positive Sentiment: Recent reports on Google’s AI “agent” efforts and AI search features suggest Alphabet is expanding its product lead in next-generation search and automation tools. Meta, Google enter AI agent race
• Neutral Sentiment: Alphabet is also getting more time to address EU regulators’ concerns in an ongoing antitrust investigation, which removes some immediate pressure but does not eliminate the legal overhang. Google Gets More Time in EU Investigation
• Negative Sentiment: Google faces a new UK lawsuit over online display ads, adding another antitrust/legal risk that could weigh on sentiment if regulatory scrutiny intensifies. Google Faces New UK Lawsuit Over Online Display Ads

Alphabet Company Profile

Alphabet Inc is the holding company created in 2015 to organize Google and a portfolio of businesses developing technologies beyond Google's core internet services. Its principal operations are led by Google, which builds and operates consumer-facing products such as Google Search, YouTube, Android, Chrome, Gmail, Google Maps and Google Workspace, as well as advertising platforms (Google Ads and AdSense) that historically generate the majority of its revenue. Google also develops consumer hardware (Pixel phones, Nest smart-home devices, Chromecast) and developer and distribution platforms such as Google Play.

Beyond Google's consumer and advertising businesses, Alphabet invests in enterprise and infrastructure offerings through Google Cloud, which provides cloud computing, data analytics and productivity services to businesses and institutions.

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