Alphabet Inc. (NASDAQ:GOOG – Free Report) – Research analysts at Erste Group Bank lifted their FY2026 earnings estimates for Alphabet in a note issued to investors on Tuesday, May 12th. Erste Group Bank analyst H. Engel now expects that the information services provider will post earnings per share of $14.22 for the year, up from their previous estimate of $14.12. The consensus estimate for Alphabet’s current full-year earnings is $14.28 per share. Erste Group Bank also issued estimates for Alphabet’s FY2027 earnings at $14.47 EPS.
Alphabet (NASDAQ:GOOG – Get Free Report) last announced its quarterly earnings results on Thursday, April 30th. The information services provider reported $5.11 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $2.68 by $2.43. The company had revenue of $109.90 billion for the quarter, compared to the consensus estimate of $106.96 billion. Alphabet had a net margin of 37.92% and a return on equity of 38.99%. Alphabet’s revenue for the quarter was up 21.8% compared to the same quarter last year. During the same period in the previous year, the firm posted $2.81 EPS.
Read Our Latest Stock Analysis on GOOG
Alphabet Trading Down 0.5%
Shares of Alphabet stock opened at $397.17 on Friday. The firm has a market cap of $4.81 trillion, a price-to-earnings ratio of 30.30, a PEG ratio of 1.71 and a beta of 1.25. The business has a 50-day moving average price of $325.64 and a 200-day moving average price of $316.44. The company has a quick ratio of 1.92, a current ratio of 1.92 and a debt-to-equity ratio of 0.16. Alphabet has a twelve month low of $163.33 and a twelve month high of $399.93.
Institutional Inflows and Outflows
Several institutional investors and hedge funds have recently bought and sold shares of the company. Imprint Wealth LLC bought a new stake in shares of Alphabet in the 3rd quarter worth about $31,000. Manning & Napier Advisors LLC bought a new position in Alphabet during the 3rd quarter valued at about $32,000. Nvest Wealth Strategies Inc. purchased a new stake in Alphabet in the 4th quarter worth about $38,000. Lifetime Wealth Management P.C. purchased a new stake in Alphabet in the 4th quarter worth about $38,000. Finally, Bard Associates Inc. bought a new stake in Alphabet in the fourth quarter worth about $41,000. 27.26% of the stock is owned by hedge funds and other institutional investors.
Insider Activity at Alphabet
In other news, insider John Kent Walker sold 8,993 shares of Alphabet stock in a transaction that occurred on Friday, March 27th. The stock was sold at an average price of $275.89, for a total value of $2,481,078.77. Following the completion of the transaction, the insider owned 51,808 shares in the company, valued at approximately $14,293,309.12. The trade was a 14.79% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, CAO Amie Thuener O’toole sold 617 shares of the business’s stock in a transaction that occurred on Wednesday, April 1st. The shares were sold at an average price of $289.63, for a total value of $178,701.71. Following the transaction, the chief accounting officer directly owned 10,093 shares in the company, valued at approximately $2,923,235.59. This represents a 5.76% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders sold a total of 157,953 shares of company stock valued at $47,767,818 over the last ninety days. 12.99% of the stock is currently owned by company insiders.
Alphabet Increases Dividend
The business also recently declared a quarterly dividend, which will be paid on Monday, June 15th. Investors of record on Monday, June 8th will be given a $0.22 dividend. This is an increase from Alphabet’s previous quarterly dividend of $0.21. This represents a $0.88 annualized dividend and a yield of 0.2%. The ex-dividend date is Monday, June 8th. Alphabet’s dividend payout ratio (DPR) is 6.41%.
Key Alphabet News
Here are the key news stories impacting Alphabet this week:
- Positive Sentiment: Alphabet is drawing bullish attention after reports that Google is exploring SpaceX-linked orbital data centers, reinforcing investor excitement about its long-term AI infrastructure ambitions. Alphabet (GOOGL) Stock: Google Eyes SpaceX Partnership for Orbital Data Center Project
- Positive Sentiment: Recent fund flow disclosures show several institutional investors adding to Alphabet positions, which can support sentiment around the stock’s durability and AI-led growth story. Fund Update: Capital World Investors Just Disclosed New Holdings
- Positive Sentiment: Google’s broader AI rollout remains a tailwind, with articles noting strong cloud growth, Gemini-related product launches, and enthusiasm around Googlebook and other AI initiatives. Google Stock (GOOGL) Rides AI Wave to All-Time High
- Neutral Sentiment: Alphabet completed a record 576.5 billion yen bond sale to fund massive AI capital spending plans. This supports growth, but it also underscores how much cash the company must raise to keep up with the AI race. Alphabet completes record-breaking yen bond issuance
- Negative Sentiment: The yen bond issue was also viewed as a sign of heavier AI spending, which may pressure margins and free cash flow if returns on that investment take longer to materialize. Alphabet (GOOGL) Stock Slides After Historic $3.6B Yen Bond Offering
- Negative Sentiment: There was also a legal/regulatory overhang after a report that Google denied breaching UK law over a suicide forum appearing in search results, adding another reminder of platform-risk and scrutiny. Google denies breaching law by promoting suicide forum linked to 164 UK deaths
Alphabet Company Profile
Alphabet Inc (NASDAQ: GOOG) is a multinational technology holding company headquartered in Mountain View, California. Formed in 2015 through a corporate restructuring of Google, Alphabet serves as the parent to Google LLC and a portfolio of businesses collectively known as “Other Bets.” Google was originally founded in 1998 by Larry Page and Sergey Brin; Alphabet is led by CEO Sundar Pichai, who oversees Google and the broader company while the founders remain prominent shareholders and influential figures in the company’s history.
Alphabet’s core business centers on internet search and advertising, with Google Search and the company’s ad platforms (including Google Ads and AdSense) generating the majority of revenue by connecting advertisers with consumers worldwide.
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