Wedbush Issues Positive Estimate for Alphabet Earnings

Key Points

• Wedbush raised its Q3 2025 earnings estimate for Alphabet from $2.21 to $2.29 per share, while also projecting Q4 2025 earnings at $2.49 EPS.
• Alphabet reported Q2 earnings of $2.31 per share, exceeding the consensus estimate of $2.12, with quarterly revenue of $96.43 billion.
• Alphabet announced a quarterly dividend of $0.21 per share, with a market capitalization of $2.36 trillion and a consensus rating of "Moderate Buy."

Alphabet Inc. (NASDAQ:GOOG - Free Report) - Wedbush increased their Q3 2025 EPS estimates for shares of Alphabet in a report released on Thursday, July 24th. Wedbush analyst S. Devitt now forecasts that the information services provider will post earnings per share of $2.29 for the quarter, up from their previous forecast of $2.21. The consensus estimate for Alphabet's current full-year earnings is $8.89 per share. Wedbush also issued estimates for Alphabet's Q4 2025 earnings at $2.49 EPS.

Alphabet (NASDAQ:GOOG - Get Free Report) last announced its quarterly earnings results on Wednesday, July 23rd. The information services provider reported $2.31 EPS for the quarter, topping the consensus estimate of $2.12 by $0.19. Alphabet had a net margin of 31.12% and a return on equity of 34.31%. The firm had revenue of $96.43 billion for the quarter, compared to analyst estimates of $93.67 billion. During the same period last year, the business earned $1.89 EPS. Alphabet's revenue for the quarter was up 13.8% compared to the same quarter last year.

A number of other research firms have also commented on GOOG. The Goldman Sachs Group restated a "buy" rating and issued a $220.00 price objective on shares of Alphabet in a research note on Monday, June 2nd. Susquehanna reaffirmed a "positive" rating on shares of Alphabet in a report on Friday, May 2nd. Barclays reaffirmed a "buy" rating on shares of Alphabet in a report on Wednesday, July 9th. Needham & Company LLC downgraded shares of Alphabet from a "buy" rating to a "cautious" rating in a report on Friday, May 2nd. Finally, Scotiabank lifted their target price on shares of Alphabet from $200.00 to $240.00 and gave the company a "sector outperform" rating in a report on Tuesday, July 22nd. Three equities research analysts have rated the stock with a sell rating, six have issued a hold rating, seventeen have issued a buy rating and five have issued a strong buy rating to the company. According to data from MarketBeat.com, the stock has a consensus rating of "Moderate Buy" and an average price target of $215.19.

Alphabet Stock Performance

NASDAQ GOOG traded down $1.38 during trading on Friday, reaching $192.70. The company's stock had a trading volume of 13,919,980 shares, compared to its average volume of 24,212,100. The company has a debt-to-equity ratio of 0.07, a quick ratio of 1.90 and a current ratio of 1.90. The firm has a market cap of $2.34 trillion, a price-to-earnings ratio of 20.52, a P/E/G ratio of 1.31 and a beta of 1.01. Alphabet has a twelve month low of $142.66 and a twelve month high of $208.70. The business's fifty day moving average price is $176.86 and its 200-day moving average price is $174.38.

Alphabet Dividend Announcement

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

Insider Activity at Alphabet

In other Alphabet news, Director Kavitark Ram Shriram sold 18,566 shares of the stock in a transaction 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 transaction, the director directly owned 243,400 shares in the company, valued at $45,213,984. This represents a 7.09% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is available through this link. Also, Director John L. Hennessy sold 400 shares of the stock in a transaction on Monday, July 14th. The shares were sold at an average price of $181.98, for a total transaction of $72,792.00. Following the transaction, the director owned 6,013 shares in the company, valued at $1,094,245.74. This trade represents a 6.24% decrease in their ownership of the stock. The disclosure for this sale can be found here. In the last three months, insiders sold 249,409 shares of company stock valued at $43,523,710. Corporate insiders own 12.99% of the company's stock.

Institutional Inflows and Outflows

A number of large investors have recently added to or reduced their stakes in the stock. Equitable Trust Co. boosted its stake in Alphabet by 4.8% during the 2nd quarter. Equitable Trust Co. now owns 166,646 shares of the information services provider's stock valued at $29,561,000 after acquiring an additional 7,611 shares during the last quarter. TD Asset Management Inc lifted its position in shares of Alphabet by 6.3% in the 2nd quarter. TD Asset Management Inc now owns 4,179,326 shares of the information services provider's stock worth $741,371,000 after buying an additional 246,622 shares during the last quarter. Frazier Financial Advisors LLC lifted its position in shares of Alphabet by 16.5% in the 2nd quarter. Frazier Financial Advisors LLC now owns 1,426 shares of the information services provider's stock worth $253,000 after buying an additional 202 shares during the last quarter. Wilson Asset Management International PTY Ltd. lifted its position in shares of Alphabet by 30.3% in the 2nd quarter. Wilson Asset Management International PTY Ltd. now owns 144,398 shares of the information services provider's stock worth $25,615,000 after buying an additional 33,549 shares during the last quarter. Finally, Founders Grove Wealth Partners LLC lifted its position in shares of Alphabet by 16.1% in the 2nd quarter. Founders Grove Wealth Partners LLC now owns 4,139 shares of the information services provider's stock worth $734,000 after buying an additional 575 shares during the last quarter. 27.26% of the stock is currently owned by institutional investors.

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.