Wedbush Analysts Increase Earnings Estimates for Alphabet

Key Points

• Wedbush has raised its Q3 2025 earnings per share estimate for Alphabet to $2.29, from a previous estimate of $2.21, maintaining an "Outperform" rating with a target price of $225.00.
• Alphabet reported an EPS of $2.81 for its last quarter, significantly beating the consensus estimate of $2.02, despite revenue being below analyst expectations at $76.49 billion.
• The company has announced a quarterly dividend of $0.21 per share, payable on September 15th, with a current yield of 0.43%.

Alphabet Inc. (NASDAQ:GOOGL - Free Report) - Wedbush boosted their Q3 2025 EPS estimates for shares of Alphabet in a report issued on Thursday, July 24th. Wedbush analyst S. Devitt now anticipates that the information services provider will post earnings per share of $2.29 for the quarter, up from their previous forecast of $2.21. Wedbush currently has a "Outperform" rating and a $225.00 price objective 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 Q4 2025 earnings at $2.49 EPS.

Several other brokerages have also weighed in on GOOGL. Truist Financial reiterated a "buy" rating and set a $200.00 price objective on shares of Alphabet in a report on Wednesday, July 2nd. Citizens Jmp upgraded shares of Alphabet from a "market perform" rating to an "outperform" rating and set a $220.00 price target on the stock in a report on Friday, June 27th. Roth Capital raised their price target on shares of Alphabet from $205.00 to $210.00 and gave the company a "buy" rating in a report on Thursday. Jefferies Financial Group lowered their price objective on shares of Alphabet from $235.00 to $200.00 and set a "buy" rating for the company in a research report on Monday, March 31st. Finally, UBS Group raised their price target on shares of Alphabet from $192.00 to $202.00 and gave the stock a "neutral" rating in a research report on Thursday. Ten investment analysts have rated the stock with a hold rating, twenty-nine have given a buy rating and four have given a strong buy rating to the stock. According to data from MarketBeat.com, the stock currently has an average rating of "Moderate Buy" and an average target price of $211.32.

Alphabet Trading Down 0.8%

Shares of GOOGL stock traded down $1.49 during trading hours on Friday, hitting $191.69. 18,891,251 shares of the company were exchanged, compared to its average volume of 36,950,398. The firm 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. Alphabet has a 1 year low of $140.53 and a 1 year high of $207.05. The company has a quick ratio of 1.90, a current ratio of 1.90 and a debt-to-equity ratio of 0.07. The firm has a fifty day moving average of $175.77 and a 200 day moving average of $172.79.

Alphabet (NASDAQ:GOOGL - Get Free Report) last announced its quarterly earnings data on Thursday, April 24th. The information services provider reported $2.81 earnings per share for the quarter, topping the consensus estimate of $2.02 by $0.79. The business had revenue of $76.49 billion for 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 period in the prior year, the firm posted $1.89 EPS.

Institutional Investors Weigh In On Alphabet

Hedge funds have recently modified their holdings of the business. Norges Bank acquired a new stake in Alphabet in the 4th quarter valued at approximately $24,383,677,000. Nuveen LLC acquired a new position in shares of Alphabet during the 1st quarter worth approximately $4,317,606,000. FMR LLC increased its position in shares of Alphabet by 9.8% during the 4th quarter. FMR LLC now owns 248,416,916 shares of the information services provider's stock worth $47,025,322,000 after purchasing an additional 22,100,902 shares during the last quarter. GAMMA Investing LLC increased its position in shares of Alphabet by 16,993.2% during the 1st quarter. GAMMA Investing LLC now owns 16,062,457 shares of the information services provider's stock worth $2,483,898,000 after purchasing an additional 15,968,487 shares during the last quarter. Finally, Vanguard Group Inc. increased its position in shares of Alphabet by 2.9% during the 1st quarter. Vanguard Group Inc. now owns 509,826,331 shares of the information services provider's stock worth $78,839,544,000 after purchasing an additional 14,307,345 shares during the last quarter. Institutional investors and hedge funds own 40.03% of the company's stock.

Insider Transactions at Alphabet

In other news, CEO Sundar Pichai sold 32,500 shares of the firm's stock in a transaction dated 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 sale, 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 ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is available through this hyperlink. Also, Director John L. Hennessy sold 400 shares of the firm's stock in a transaction dated Monday, July 14th. The stock was sold at an average price of $181.98, for a total value of $72,792.00. Following the sale, the director directly owned 6,013 shares in the company, valued at approximately $1,094,245.74. This represents a 6.24% decrease in their position. The disclosure for this sale can be found here. Insiders have sold a total of 249,409 shares of company stock valued at $43,523,710 over the last 90 days. 11.64% of the stock is owned by company insiders.

Alphabet Dividend Announcement

The business also recently announced a quarterly dividend, which will be paid on Monday, September 15th. Shareholders of record on Monday, September 8th will be paid a $0.21 dividend. This represents a $0.84 annualized dividend and a yield of 0.44%. The ex-dividend date is Monday, September 8th. Alphabet's payout ratio is 8.95%.

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.