Wedbush Has Positive Outlook for Alphabet Q2 Earnings

Alphabet Inc. (NASDAQ:GOOGL - Free Report) - Wedbush raised their Q2 2025 earnings per share estimates for Alphabet in a note issued to investors on Thursday, July 17th. Wedbush analyst S. Devitt now anticipates that the information services provider will post earnings per share of $2.12 for the quarter, up from their prior estimate of $2.05. Wedbush currently has a "Outperform" rating and a $190.00 target price on the stock. The consensus estimate for Alphabet's current full-year earnings is $8.90 per share. Wedbush also issued estimates for Alphabet's Q3 2025 earnings at $2.21 EPS and Q4 2025 earnings at $2.40 EPS.

Alphabet (NASDAQ:GOOGL - Get Free Report) last issued its quarterly earnings data on Thursday, April 24th. The information services provider reported $2.81 EPS for the quarter, topping 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 business had revenue of $76.49 billion during the quarter, compared to analyst estimates of $89.30 billion. During the same period last year, the business posted $1.89 earnings per share.

A number of other research firms also recently commented on GOOGL. Wells Fargo & Company lifted their target price on shares of Alphabet from $175.00 to $177.00 and gave the stock an "equal weight" rating in a research report on Tuesday, July 8th. Piper Sandler increased their price objective on shares of Alphabet from $185.00 to $195.00 and gave the stock an "overweight" rating in a research report on Friday, April 25th. Roth Capital reaffirmed a "buy" rating and set a $205.00 target price (up from $180.00) on shares of Alphabet in a research report on Tuesday, July 8th. Bank of America increased their price objective on shares of Alphabet from $200.00 to $210.00 and gave the company a "buy" rating in a research note on Friday. Finally, JPMorgan Chase & Co. decreased their price target on shares of Alphabet from $220.00 to $180.00 and set an "overweight" rating for the company in a report on Tuesday, April 8th. Ten investment analysts have rated the stock with a hold rating, twenty-eight have assigned a buy rating and four have given a strong buy rating to the company's stock. Based on data from MarketBeat, the stock currently has an average rating of "Moderate Buy" and an average target price of $201.68.

Alphabet Stock Up 0.8%

Shares of GOOGL stock traded up $1.48 during trading hours on Friday, hitting $185.06. 33,864,714 shares of the company's stock traded hands, compared to its average volume of 32,124,736. Alphabet has a 12-month low of $140.53 and a 12-month high of $207.05. The stock has a market cap of $2.25 trillion, a price-to-earnings ratio of 20.63, a PEG ratio of 1.29 and a beta of 1.00. The stock's fifty day simple moving average is $172.90 and its two-hundred day simple moving average is $173.12. The company has a quick ratio of 1.77, a current ratio of 1.77 and a debt-to-equity ratio of 0.03.

Alphabet Increases Dividend

The firm also recently announced a quarterly dividend, which was paid on Monday, June 16th. Investors of record on Monday, June 9th were paid a dividend of $0.21 per share. This is an increase from Alphabet's previous quarterly dividend of $0.20. This represents a $0.84 annualized dividend and a yield of 0.45%. The ex-dividend date was Monday, June 9th. Alphabet's dividend payout ratio is presently 9.36%.

Insider Buying and Selling

In other Alphabet news, Director Kavitark Ram Shriram sold 9,000 shares of the business's stock in a transaction that occurred on Thursday, May 22nd. The shares were sold at an average price of $175.00, for a total transaction of $1,575,000.00. Following the completion of the transaction, the director owned 255,400 shares in the company, valued at $44,695,000. The trade was a 3.40% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is available at this link. Also, CEO Sundar Pichai sold 32,500 shares of the business's stock in a transaction that occurred on Wednesday, July 16th. The stock was sold at an average price of $184.38, for a total transaction of $5,992,350.00. Following the transaction, the chief executive officer owned 2,527,392 shares of the company's stock, valued at $466,000,536.96. This trade represents a 1.27% decrease in their position. The disclosure for this sale can be found here. Insiders have sold a total of 215,843 shares of company stock valued at $37,288,490 in the last ninety days. Company insiders own 11.64% of the company's stock.

Institutional Inflows and Outflows

Several large investors have recently modified their holdings of the stock. Guardian Wealth Management Inc. boosted its stake in Alphabet by 242.9% during the 1st quarter. Guardian Wealth Management Inc. now owns 168 shares of the information services provider's stock worth $26,000 after purchasing an additional 119 shares during the period. von Borstel & Associates Inc. acquired a new stake in Alphabet during the 1st quarter worth $28,000. IMA Advisory Services Inc. purchased a new position in Alphabet during the 1st quarter worth $28,000. NBZ Investment Advisors LLC raised its position in Alphabet by 85.7% during the 1st quarter. NBZ Investment Advisors LLC now owns 195 shares of the information services provider's stock worth $30,000 after buying an additional 90 shares during the last quarter. Finally, Financial Gravity Asset Management Inc. purchased a new position in Alphabet during the 1st quarter worth $39,000. Institutional investors and hedge funds own 40.03% of the company's stock.

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.