Wedbush Brokers Increase Earnings Estimates for Alphabet

Alphabet Inc. (NASDAQ:GOOG - Free Report) - Research analysts at Wedbush lifted their Q2 2025 earnings estimates for shares of Alphabet in a research report issued on Monday, January 6th. Wedbush analyst S. Devitt now anticipates that the information services provider will earn $2.17 per share for the quarter, up from their previous estimate of $2.15. The consensus estimate for Alphabet's current full-year earnings is $8.02 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:GOOG - Get Free Report) last issued its earnings results on Tuesday, October 29th. The information services provider reported $2.12 earnings per share (EPS) for the quarter, topping the consensus estimate of $1.83 by $0.29. The company had revenue of $88.27 billion for the quarter, compared to analysts' expectations of $86.39 billion. Alphabet had a net margin of 27.74% and a return on equity of 31.66%. The firm's quarterly revenue was up 15.1% on a year-over-year basis. During the same quarter last year, the company posted $1.55 earnings per share.

Several other research analysts have also recently issued reports on the company. Oppenheimer raised their target price on Alphabet from $185.00 to $215.00 and gave the stock an "outperform" rating in a research report on Wednesday, October 30th. Seaport Res Ptn raised shares of Alphabet from a "hold" rating to a "strong-buy" rating in a report on Tuesday, October 29th. Barclays upped their target price on shares of Alphabet from $200.00 to $220.00 and gave the company an "overweight" rating in a report on Wednesday, October 30th. Phillip Securities upgraded shares of Alphabet to a "strong-buy" rating in a research note on Friday, November 1st. Finally, JPMorgan Chase & Co. upped their price objective on Alphabet from $208.00 to $212.00 and gave the stock an "overweight" rating in a research note on Wednesday, October 30th. Six analysts have rated the stock with a hold rating, thirteen have issued a buy rating and three have issued a strong buy rating to the stock. Based on data from MarketBeat.com, the company has a consensus rating of "Moderate Buy" and an average target price of $200.56.

Alphabet Stock Performance

Shares of GOOG stock traded down $1.25 on Tuesday, reaching $196.71. The stock had a trading volume of 16,949,978 shares, compared to its average volume of 16,711,000. The company has a debt-to-equity ratio of 0.04, a quick ratio of 1.95 and a current ratio of 1.95. Alphabet has a 1 year low of $131.55 and a 1 year high of $202.88. The stock has a market cap of $2.41 trillion, a P/E ratio of 26.09, a price-to-earnings-growth ratio of 1.34 and a beta of 0.99. The company has a 50 day simple moving average of $182.36 and a 200 day simple moving average of $174.11.

Alphabet Announces Dividend

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

Insider Activity at Alphabet

In other Alphabet news, CAO Amie Thuener O'toole sold 2,834 shares of the stock in a transaction on Monday, December 16th. The shares were sold at an average price of $197.55, for a total transaction of $559,856.70. Following the completion of the transaction, the chief accounting officer now owns 20,681 shares in the company, valued at $4,085,531.55. This trade represents a 12.05 % decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. Also, Director John L. Hennessy sold 1,500 shares of the business's stock in a transaction dated Monday, October 14th. The stock was sold at an average price of $164.95, for a total transaction of $247,425.00. Following the completion of the sale, the director now owns 26,324 shares in the company, valued at approximately $4,342,143.80. This trade represents a 5.39 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Over the last three months, insiders sold 155,887 shares of company stock valued at $27,996,356. Insiders own 12.99% of the company's stock.

Institutional Inflows and Outflows

Several institutional investors and hedge funds have recently added to or reduced their stakes in GOOG. M&G PLC bought a new position in shares of Alphabet during the 3rd quarter valued at approximately $2,240,000. Coldstream Capital Management Inc. increased its position in Alphabet by 14.4% during the third quarter. Coldstream Capital Management Inc. now owns 116,776 shares of the information services provider's stock valued at $19,642,000 after acquiring an additional 14,738 shares during the last quarter. Metis Global Partners LLC raised its stake in shares of Alphabet by 1.4% in the third quarter. Metis Global Partners LLC now owns 301,980 shares of the information services provider's stock valued at $50,488,000 after acquiring an additional 4,292 shares during the period. Stevens Capital Management LP lifted its holdings in shares of Alphabet by 172.9% in the 3rd quarter. Stevens Capital Management LP now owns 91,237 shares of the information services provider's stock worth $15,254,000 after acquiring an additional 57,810 shares during the last quarter. Finally, Verdence Capital Advisors LLC boosted its stake in shares of Alphabet by 10.2% during the 3rd quarter. Verdence Capital Advisors LLC now owns 63,545 shares of the information services provider's stock worth $10,624,000 after purchasing an additional 5,892 shares during the period. Hedge funds and other institutional investors own 27.26% of the company's stock.

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.