Wedbush Issues Optimistic Outlook for Alphabet Earnings

Alphabet Inc. (NASDAQ:GOOGL) – Wedbush increased their Q2 2025 EPS estimates for Alphabet in a research note issued on Thursday, July 17th. Wedbush analyst S. Devitt now forecasts 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 price target 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) last issued its earnings results on Thursday, April 24th. The information services provider reported $2.81 EPS for the quarter, beating analysts’ consensus estimates of $2.02 by $0.79. The firm had revenue of $76.49 billion for the quarter, compared to analyst estimates of $89.30 billion. Alphabet had a return on equity of 34.54% and a net margin of 30.86%. During the same quarter in the prior year, the firm earned $1.89 earnings per share.

Other equities analysts have also recently issued research reports about the company. Susquehanna decreased their price objective on Alphabet from $225.00 to $220.00 and set a “positive” rating for the company in a research note on Friday, April 25th. Wells Fargo & Company lifted their price target on Alphabet from $175.00 to $177.00 and gave the stock an “equal weight” rating in a research report on Tuesday, July 8th. KeyCorp boosted their target price on Alphabet from $195.00 to $215.00 and gave the company an “overweight” rating in a report on Thursday. Roth Capital reaffirmed a “buy” rating and set a $205.00 price objective (up previously from $180.00) on shares of Alphabet in a report on Tuesday, July 8th. Finally, Stifel Nicolaus decreased their target price on Alphabet from $225.00 to $192.00 and set a “buy” rating on the stock in a research report on Wednesday, April 23rd. 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.com, the company has an average rating of “Moderate Buy” and an average target price of $201.68.

Alphabet Stock Up 1.2%

NASDAQ GOOGL opened at $185.86 on Friday. The business has a fifty day moving average price of $172.26 and a 200 day moving average price of $173.15. Alphabet has a one year low of $140.53 and a one year high of $207.05. The company has a debt-to-equity ratio of 0.03, a quick ratio of 1.77 and a current ratio of 1.77. The company has a market cap of $2.26 trillion, a P/E ratio of 20.69, a P/E/G ratio of 1.28 and a beta of 1.00.

Institutional Inflows and Outflows

A number of hedge funds have recently made changes to their positions in the stock. Vanguard Group Inc. increased its stake in shares of Alphabet by 2.9% during the first quarter. Vanguard Group Inc. now owns 509,826,331 shares of the information services provider’s stock valued at $78,839,544,000 after buying an additional 14,307,345 shares during the period. FMR LLC increased its stake in shares of Alphabet by 9.8% during the fourth quarter. FMR LLC now owns 248,416,916 shares of the information services provider’s stock valued at $47,025,322,000 after buying an additional 22,100,902 shares during the period. Norges Bank bought a new stake in Alphabet during the fourth quarter valued at about $24,383,677,000. Price T Rowe Associates Inc. MD boosted its position in Alphabet by 8.3% during the fourth quarter. Price T Rowe Associates Inc. MD now owns 98,638,127 shares of the information services provider’s stock valued at $18,672,198,000 after purchasing an additional 7,574,417 shares in the last quarter. Finally, Capital Research Global Investors boosted its position in Alphabet by 16.2% during the fourth quarter. Capital Research Global Investors now owns 72,033,086 shares of the information services provider’s stock valued at $13,635,878,000 after purchasing an additional 10,037,685 shares in the last quarter. 40.03% of the stock is currently owned by institutional investors.

Insider Buying and Selling at Alphabet

In related news, Director John L. Hennessy sold 400 shares of Alphabet stock in a transaction on Monday, July 14th. The shares were sold at an average price of $181.98, for a total value of $72,792.00. Following the sale, the director owned 6,013 shares in the company, valued at $1,094,245.74. The trade was a 6.24% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is available at this link. Also, Director Kavitark Ram Shriram sold 9,000 shares of Alphabet stock in a transaction 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 sale, the director owned 255,400 shares in the company, valued at approximately $44,695,000. This trade represents a 3.40% decrease in their position. The disclosure for this sale can be found here. In the last 90 days, insiders sold 215,843 shares of company stock worth $37,288,490. 11.64% of the stock is owned by corporate insiders.

Alphabet Increases Dividend

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

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.