What is Wedbush’s Forecast for Alphabet FY2025 Earnings?

Alphabet Inc. (NASDAQ:GOOG) – Wedbush raised their FY2025 earnings per share estimates for shares of Alphabet in a note issued to investors on Friday, October 24th. Wedbush analyst S. Devitt now forecasts that the information services provider will earn $9.91 per share for the year, up from their previous estimate of $9.90. 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 $2.50 EPS.

A number of other analysts have also weighed in on GOOG. Cowen reiterated a “buy” rating on shares of Alphabet in a research note on Wednesday, October 8th. Raymond James Financial set a $275.00 target price on Alphabet and gave the stock an “outperform” rating in a research note on Friday. Piper Sandler reiterated a “neutral” rating on shares of Alphabet in a research note on Wednesday, July 9th. KeyCorp set a $265.00 target price on Alphabet in a research note on Wednesday, September 3rd. Finally, Pivotal Research increased their target price on Alphabet from $245.00 to $300.00 and gave the stock a “buy” rating in a research note on Wednesday, September 3rd. Six equities research analysts have rated the stock with a Strong Buy rating, twenty-one have assigned a Buy rating, five have assigned a Hold rating and three have given a Sell rating to the company’s stock. According to MarketBeat, the stock currently has a consensus rating of “Moderate Buy” and an average target price of $280.45.

Alphabet Stock Performance

GOOG stock opened at $269.93 on Monday. 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 business’s fifty day simple moving average is $238.65 and its two-hundred day simple moving average is $197.67. Alphabet has a twelve month low of $142.66 and a twelve month high of $270.80. The firm has a market cap of $3.26 trillion, a price-to-earnings ratio of 28.75, a PEG ratio of 1.76 and a beta of 1.00.

Institutional Investors Weigh In On Alphabet

A number of institutional investors have recently added to or reduced their stakes in GOOG. MorganRosel Wealth Management LLC bought a new stake in Alphabet during the first quarter valued at about $26,000. IFS Advisors LLC boosted its holdings in Alphabet by 400.0% in the second quarter. IFS Advisors LLC now owns 150 shares of the information services provider’s stock worth $27,000 after acquiring an additional 120 shares in the last quarter. Robbins Farley boosted its holdings in Alphabet by 60.0% in the second quarter. Robbins Farley now owns 160 shares of the information services provider’s stock worth $28,000 after acquiring an additional 60 shares in the last quarter. WestEnd Advisors LLC boosted its holdings in Alphabet by 58.7% in the second quarter. WestEnd Advisors LLC now owns 165 shares of the information services provider’s stock worth $29,000 after acquiring an additional 61 shares in the last quarter. Finally, Fairman Group LLC boosted its holdings in Alphabet by 121.3% in the second quarter. Fairman Group LLC now owns 177 shares of the information services provider’s stock worth $31,000 after acquiring an additional 97 shares in the last quarter. Institutional investors own 27.26% of the company’s stock.

Insider Transactions at Alphabet

In other news, CEO Sundar Pichai sold 32,500 shares of the stock in a transaction on Wednesday, September 17th. The stock was sold at an average price of $249.50, for a total transaction of $8,108,750.00. Following the transaction, the chief executive officer owned 2,397,392 shares of the company’s stock, valued at approximately $598,149,304. This represents a 1.34% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this link. Also, insider John Kent Walker sold 23,820 shares of the stock in a transaction on Monday, August 4th. The stock was sold at an average price of $194.70, for a total value of $4,637,754.00. Following the transaction, the insider directly owned 42,999 shares in the company, valued at $8,371,905.30. The trade was a 35.65% decrease in their position. The disclosure for this sale can be found here. In the last 90 days, insiders have sold 246,150 shares of company stock valued at $55,805,379. 12.99% of the stock is currently owned by corporate insiders.

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.