Roth Capital Has Bullish Forecast for Alphabet Q2 Earnings

Alphabet Inc. (NASDAQ:GOOG - Free Report) - Equities research analysts at Roth Capital boosted their Q2 2025 EPS estimates for Alphabet in a research report issued to clients and investors on Tuesday, July 8th. Roth Capital analyst R. Kulkarni now forecasts that the information services provider will post earnings of $2.23 per share for the quarter, up from their prior estimate of $2.18. Roth Capital currently has a "Buy" rating on the stock. The consensus estimate for Alphabet's current full-year earnings is $8.89 per share. Roth Capital also issued estimates for Alphabet's Q3 2025 earnings at $2.30 EPS, Q4 2025 earnings at $2.37 EPS, FY2025 earnings at $9.71 EPS, Q1 2026 earnings at $2.32 EPS, Q2 2026 earnings at $2.45 EPS, Q3 2026 earnings at $2.56 EPS and FY2026 earnings at $10.23 EPS.

Alphabet (NASDAQ:GOOG - Get Free Report) last released its earnings results on Thursday, April 24th. The information services provider reported $2.81 EPS for the quarter, beating the consensus estimate of $2.02 by $0.79. Alphabet had a net margin of 30.86% and a return on equity of 34.54%. The firm had revenue of $90.23 billion for the quarter, compared to analyst estimates of $89.30 billion. During the same period last year, the firm earned $1.89 EPS. The business's quarterly revenue was up 12.0% compared to the same quarter last year.

Several other analysts have also recently weighed in on GOOG. Wells Fargo & Company reissued an "equal weight" rating on shares of Alphabet in a research note on Wednesday. BNP Paribas lowered shares of Alphabet from a "strong-buy" rating to a "hold" rating in a report on Thursday, June 26th. Cowen restated a "buy" rating on shares of Alphabet in a research note on Wednesday. JPMorgan Chase & Co. raised their target price on Alphabet from $180.00 to $195.00 and gave the company an "overweight" rating in a report on Friday, April 25th. Finally, UBS Group reaffirmed a "buy" rating on shares of Alphabet in a research report on Wednesday. Three investment analysts have rated the stock with a sell rating, five have given a hold rating, nineteen have given a buy rating and six have given a strong buy rating to the company's stock. Based on data from MarketBeat.com, the company has a consensus rating of "Moderate Buy" and a consensus price target of $207.63.

Alphabet Price Performance

Shares of GOOG stock traded up $1.04 on Thursday, hitting $178.70. 24,662,719 shares of the company's stock were exchanged, compared to its average volume of 21,392,262. The company has a 50 day moving average of $170.87 and a 200 day moving average of $175.30. The stock has a market cap of $2.17 trillion, a P/E ratio of 19.81, a price-to-earnings-growth ratio of 1.25 and a beta of 1.01. The company has a debt-to-equity ratio of 0.03, a current ratio of 1.77 and a quick ratio of 1.77. Alphabet has a 12 month low of $142.66 and a 12 month high of $208.70.

Institutional Trading of Alphabet

Hedge funds and other institutional investors have recently modified their holdings of the business. Norges Bank bought a new position in Alphabet during the 4th quarter valued at approximately $5,166,070,000. Nuveen LLC bought a new stake in Alphabet during the 1st quarter valued at about $2,622,943,000. GAMMA Investing LLC raised its holdings in Alphabet by 18,562.3% in the first quarter. GAMMA Investing LLC now owns 14,323,323 shares of the information services provider's stock worth $2,237,733,000 after buying an additional 14,246,573 shares during the last quarter. Vanguard Group Inc. lifted its stake in shares of Alphabet by 2.4% in the first quarter. Vanguard Group Inc. now owns 411,570,922 shares of the information services provider's stock worth $64,299,725,000 after buying an additional 9,687,855 shares in the last quarter. Finally, JPMorgan Chase & Co. grew its holdings in shares of Alphabet by 9.9% during the first quarter. JPMorgan Chase & Co. now owns 102,232,997 shares of the information services provider's stock valued at $15,971,861,000 after buying an additional 9,243,959 shares during the last quarter. 27.26% of the stock is owned by hedge funds and other institutional investors.

Insider Buying and Selling at Alphabet

In related news, Director John L. Hennessy sold 600 shares of the company's stock in a transaction on Thursday, May 22nd. The shares were sold at an average price of $175.00, for a total transaction of $105,000.00. Following the completion of the sale, the director directly owned 6,813 shares in the company, valued at $1,192,275. This represents a 8.09% decrease in their position. The transaction was disclosed in a filing with the SEC, which is available through this link. Also, Director Kavitark Ram Shriram sold 9,000 shares of the firm's stock in a transaction dated Thursday, May 22nd. The stock was sold at an average price of $175.00, for a total transaction of $1,575,000.00. Following the completion of the sale, the director directly owned 255,400 shares of the company's stock, valued at approximately $44,695,000. This represents a 3.40% decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders have sold 215,643 shares of company stock valued at $36,330,928 in the last 90 days. 12.99% of the stock is currently owned by company insiders.

Alphabet Increases Dividend

The firm also recently declared a quarterly dividend, which was paid on Monday, June 16th. Stockholders of record on Monday, June 9th were given a $0.21 dividend. The ex-dividend date of this dividend was Monday, June 9th. This represents a $0.84 annualized dividend and a dividend yield of 0.47%. This is a positive change from Alphabet's previous quarterly dividend of $0.20. Alphabet's payout ratio is 9.36%.

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.