What is Seaport Res Ptn's Forecast for Alphabet Q3 Earnings?

Key Points

• Seaport Res Ptn raised its Q3 2025 EPS estimate for Alphabet to $2.35 from $2.23, as the company anticipates strong performance.
• Alphabet reported Q2 earnings of $2.31 per share, exceeding estimates of $2.12, alongside a revenue increase of 13.8% year-over-year, reaching $96.43 billion.
• The company declared a quarterly dividend of $0.21 per share, resulting in an annualized basis of $0.84 and a dividend yield of 0.43%.

Alphabet Inc. (NASDAQ:GOOG - Free Report) - Equities research analysts at Seaport Res Ptn increased their Q3 2025 EPS estimates for shares of Alphabet in a research note issued on Wednesday, July 23rd. Seaport Res Ptn analyst A. Kessler now forecasts that the information services provider will post earnings per share of $2.35 for the quarter, up from their prior forecast of $2.23. The consensus estimate for Alphabet's current full-year earnings is $8.89 per share. Seaport Res Ptn also issued estimates for Alphabet's Q4 2025 earnings at $2.51 EPS and FY2026 earnings at $10.57 EPS.

Several other equities analysts have also recently commented on the stock. The Goldman Sachs Group reissued a "buy" rating and set a $220.00 target price on shares of Alphabet in a research note on Monday, June 2nd. Rosenblatt Securities raised shares of Alphabet from a "hold" rating to a "strong-buy" rating in a research note on Friday, April 25th. Raymond James Financial reissued an "outperform" rating and set a $210.00 target price (up previously from $185.00) on shares of Alphabet in a research note on Thursday. Roth Capital reaffirmed a "buy" rating on shares of Alphabet in a research note on Wednesday, July 9th. Finally, Piper Sandler reaffirmed a "neutral" rating on shares of Alphabet in a research note on Wednesday, July 9th. Three investment analysts have rated the stock with a sell rating, six have issued a hold rating, seventeen have assigned a buy rating and five have issued a strong buy rating to the company's stock. According to MarketBeat, the company currently has a consensus rating of "Moderate Buy" and an average price target of $215.19.

Alphabet Price Performance

Alphabet stock traded down $1.38 during trading hours on Friday, hitting $192.70. 13,919,980 shares of the company traded hands, compared to its average volume of 24,212,100. The firm has a market cap of $2.34 trillion, a P/E ratio of 20.52, a P/E/G ratio of 1.31 and a beta of 1.01. 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's 50-day simple moving average is $176.86 and its two-hundred day simple moving average is $174.38. Alphabet has a 1-year low of $142.66 and a 1-year high of $208.70.

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

Institutional Trading of Alphabet

Several institutional investors have recently made changes to their positions in GOOG. Kingstone Capital Partners Texas LLC boosted its holdings in shares of Alphabet by 580,897.4% during the second quarter. Kingstone Capital Partners Texas LLC now owns 135,087,705 shares of the information services provider's stock worth $23,963,208,000 after purchasing an additional 135,064,454 shares during the period. Norges Bank acquired a new stake in Alphabet in the fourth quarter valued at approximately $5,166,070,000. Nuveen LLC acquired a new stake in Alphabet in the first quarter valued at approximately $2,622,943,000. GAMMA Investing LLC lifted its stake 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 valued at $2,237,733,000 after acquiring an additional 14,246,573 shares during the last quarter. Finally, Vanguard Group Inc. lifted its stake in Alphabet by 2.4% in the first quarter. Vanguard Group Inc. now owns 411,570,922 shares of the information services provider's stock valued at $64,299,725,000 after acquiring an additional 9,687,855 shares during the last quarter. 27.26% of the stock is currently owned by institutional investors and hedge funds.

Insider Buying and Selling

In related news, CEO Sundar Pichai sold 32,500 shares of the firm's stock in a transaction that occurred on Wednesday, July 16th. The shares were sold at an average price of $184.38, for a total transaction of $5,992,350.00. Following the completion of the sale, the chief executive officer directly owned 2,527,392 shares in the company, valued at approximately $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 can be accessed through the SEC website. Also, Director John L. Hennessy sold 400 shares of the firm's stock in a transaction that occurred on Monday, July 14th. The stock was sold at an average price of $181.98, for a total transaction of $72,792.00. Following the sale, the director owned 6,013 shares of the company's stock, valued at approximately $1,094,245.74. This represents a 6.24% decrease in their ownership of the stock. The disclosure for this sale can be found here. Over the last three months, insiders sold 249,409 shares of company stock worth $43,523,710. 12.99% of the stock is owned by company insiders.

Alphabet Announces Dividend

The company also recently announced a quarterly dividend, which will be paid on Monday, September 15th. Shareholders of record on Monday, September 8th will be issued a $0.21 dividend. This represents a $0.84 annualized dividend and a dividend 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.