Research Analysts Issue Forecasts for Alphabet Q3 Earnings

Key Points

• William Blair analysts have increased their Q3 2025 earnings estimate for Alphabet to $2.39 per share, up from a previous forecast of $2.20.
• Alphabet has received mixed rating updates from various analysts, with BMO Capital Markets increasing their price target to $225 while BNP Paribas downgraded the stock from "strong-buy" to "hold."
• The company recently announced a quarterly dividend of $0.21 per share, which represents an annualized yield of 0.43%.

Alphabet Inc. (NASDAQ:GOOGL - Free Report) - Research analysts at William Blair lifted their Q3 2025 earnings estimates for Alphabet in a note issued to investors on Wednesday, July 23rd. William Blair analyst R. Schackart now expects that the information services provider will post earnings per share of $2.39 for the quarter, up from their previous estimate of $2.20. The consensus estimate for Alphabet's current full-year earnings is $8.90 per share. William Blair also issued estimates for Alphabet's Q4 2025 earnings at $2.57 EPS, FY2025 earnings at $10.08 EPS, Q1 2026 earnings at $2.48 EPS, Q2 2026 earnings at $2.64 EPS, Q3 2026 earnings at $2.66 EPS and Q4 2026 earnings at $2.82 EPS.

Alphabet (NASDAQ:GOOGL - Get Free Report) last released its earnings results on Thursday, April 24th. The information services provider reported $2.81 earnings per share (EPS) for the quarter, topping the consensus estimate of $2.02 by $0.79. The firm had revenue of $76.49 billion during the quarter, compared to analyst estimates of $89.30 billion. Alphabet had a net margin of 31.12% and a return on equity of 34.31%. During the same quarter last year, the business earned $1.89 EPS.

Several other research firms have also commented on GOOGL. UBS Group boosted their price target on shares of Alphabet from $192.00 to $202.00 and gave the company a "neutral" rating in a report on Thursday. KeyCorp boosted their price target on shares of Alphabet from $215.00 to $230.00 and gave the company an "overweight" rating in a report on Thursday. Oppenheimer lifted their price objective on shares of Alphabet from $185.00 to $200.00 and gave the stock an "outperform" rating in a research report on Friday, April 25th. Sanford C. Bernstein lifted their price objective on shares of Alphabet from $185.00 to $195.00 and gave the stock a "market perform" rating in a research report on Tuesday, July 22nd. Finally, JMP Securities lifted their price objective on shares of Alphabet from $220.00 to $225.00 and gave the stock a "market outperform" rating in a research report on Thursday. Ten research analysts have rated the stock with a hold rating, twenty-nine have given a buy rating and four have issued a strong buy rating to the company. According to data from MarketBeat.com, Alphabet presently has an average rating of "Moderate Buy" and an average price target of $211.32.

Alphabet Trading Down 0.8%

Shares of Alphabet stock traded down $1.49 during trading on Friday, hitting $191.69. The stock had a trading volume of 18,891,251 shares, compared to its average volume of 36,950,398. Alphabet has a 12 month low of $140.53 and a 12 month high of $207.05. The firm's fifty day simple moving average is $175.77 and its 200-day simple moving average is $172.79. The stock has a market cap of $2.33 trillion, a PE ratio of 20.41, a PEG ratio of 1.31 and a beta of 1.00. The company has a debt-to-equity ratio of 0.07, a current ratio of 1.90 and a quick ratio of 1.90.

Hedge Funds Weigh In On Alphabet

Institutional investors have recently bought and sold shares of the company. Guardian Wealth Management Inc. increased its stake in Alphabet by 242.9% in the 1st quarter. Guardian Wealth Management Inc. now owns 168 shares of the information services provider's stock valued at $26,000 after buying an additional 119 shares during the period. IMA Advisory Services Inc. acquired a new position in shares of Alphabet during the 1st quarter worth $28,000. von Borstel & Associates Inc. purchased a new position in shares of Alphabet in the 1st quarter valued at about $28,000. NBZ Investment Advisors LLC increased its holdings in shares of Alphabet by 85.7% in the 1st quarter. NBZ Investment Advisors LLC now owns 195 shares of the information services provider's stock valued at $30,000 after purchasing an additional 90 shares in the last quarter. Finally, CarsonAllaria Wealth Management Ltd. increased its holdings in shares of Alphabet by 36.4% in the 2nd quarter. CarsonAllaria Wealth Management Ltd. now owns 251 shares of the information services provider's stock valued at $44,000 after purchasing an additional 67 shares in the last quarter. 40.03% of the stock is owned by institutional investors and hedge funds.

Insider Buying and Selling

In other news, Director Kavitark Ram Shriram sold 18,566 shares of the business's stock in a transaction that occurred on Friday, July 18th. The shares were sold at an average price of $185.76, for a total transaction of $3,448,820.16. Following the completion of the sale, the director owned 243,400 shares in the company, valued at approximately $45,213,984. The trade was a 7.09% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this link. Also, CEO Sundar Pichai sold 32,500 shares of the business's stock in a transaction that occurred on Wednesday, July 2nd. The stock was sold at an average price of $178.52, for a total transaction of $5,801,900.00. Following the sale, the chief executive officer owned 2,559,892 shares of the company's stock, valued at $456,991,919.84. This represents a 1.25% decrease in their position. The disclosure for this sale can be found here. Insiders sold 249,409 shares of company stock valued at $43,523,710 in the last quarter. 11.64% of the stock is owned by insiders.

Alphabet Announces Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Monday, September 15th. Investors of record on Monday, September 8th will be issued a $0.21 dividend. This represents a $0.84 dividend on an annualized basis and a dividend yield of 0.44%. The ex-dividend date is Monday, September 8th. Alphabet's dividend payout ratio (DPR) is currently 8.95%.

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.