Research Analysts Set Expectations for Alphabet Q1 Earnings

Alphabet Inc. (NASDAQ:GOOG) – DA Davidson decreased their Q1 2025 earnings estimates for Alphabet in a report issued on Tuesday, April 15th. DA Davidson analyst G. Luria now anticipates that the information services provider will post earnings per share of $1.96 for the quarter, down from their prior forecast of $2.00. The consensus estimate for Alphabet’s current full-year earnings is $8.89 per share. DA Davidson also issued estimates for Alphabet’s FY2025 earnings at $8.43 EPS and FY2026 earnings at $9.49 EPS.

A number of other brokerages also recently weighed in on GOOG. Oppenheimer boosted their price target on shares of Alphabet from $215.00 to $225.00 and gave the stock an “outperform” rating in a report on Thursday, January 30th. KeyCorp decreased their price target on shares of Alphabet from $202.00 to $185.00 and set an “overweight” rating for the company in a research note on Wednesday, April 9th. Wedbush reiterated an “outperform” rating and issued a $220.00 price objective on shares of Alphabet in a research note on Thursday, January 30th. The Goldman Sachs Group reissued a “buy” rating on shares of Alphabet in a research report on Wednesday, February 5th. Finally, UBS Group decreased their price target on Alphabet from $209.00 to $173.00 and set a “neutral” rating on the stock in a research report on Friday, April 11th. One equities research analyst has rated the stock with a sell rating, six have assigned a hold rating, fifteen have issued a buy rating and three have assigned a strong buy rating to the company’s stock. Based on data from MarketBeat, the stock presently has an average rating of “Moderate Buy” and an average price target of $210.88.

Alphabet Stock Down 2.0 %

GOOG stock opened at $155.50 on Wednesday. Alphabet has a 1-year low of $142.66 and a 1-year high of $208.70. The stock has a market cap of $1.90 trillion, a P/E ratio of 19.32, a P/E/G ratio of 1.34 and a beta of 1.04. The stock’s fifty day simple moving average is $168.53 and its two-hundred day simple moving average is $177.67. The company has a current ratio of 1.84, a quick ratio of 1.84 and a debt-to-equity ratio of 0.03.

Alphabet (NASDAQ:GOOG) last announced its earnings results on Tuesday, February 4th. The information services provider reported $2.15 earnings per share for the quarter, topping analysts’ consensus estimates of $2.12 by $0.03. Alphabet had a return on equity of 32.49% and a net margin of 28.60%.

Institutional Trading of Alphabet

A number of hedge funds and other institutional investors have recently added to or reduced their stakes in the business. Principia Wealth Advisory LLC increased its stake in Alphabet by 111.8% in the 1st quarter. Principia Wealth Advisory LLC now owns 161 shares of the information services provider’s stock worth $26,000 after buying an additional 85 shares in the last quarter. Fiduciary Advisors Inc. bought a new position in Alphabet in the 4th quarter worth approximately $27,000. LSV Asset Management purchased a new stake in Alphabet during the 4th quarter valued at approximately $27,000. WealthTrak Capital Management LLC bought a new stake in shares of Alphabet during the fourth quarter valued at approximately $38,000. Finally, Mountain Hill Investment Partners Corp. purchased a new stake in Alphabet in the 4th quarter worth $39,000. 27.26% of the stock is owned by hedge funds and other institutional investors.

Insider Buying and Selling

In related news, CEO Sundar Pichai sold 32,500 shares of Alphabet stock in a transaction dated Wednesday, April 2nd. The stock was sold at an average price of $158.56, for a total value of $5,153,200.00. Following the completion of the sale, the chief executive officer now directly owns 2,717,696 shares in the company, valued at approximately $430,917,877.76. This trade represents a 1.18 % decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, Director John L. Hennessy sold 200 shares of the stock in a transaction that occurred on Monday, April 14th. The shares were sold at an average price of $161.90, for a total transaction of $32,380.00. Following the transaction, the director now owns 7,613 shares in the company, valued at approximately $1,232,544.70. This trade represents a 2.56 % decrease in their position. The disclosure for this sale can be found here. Insiders sold a total of 115,663 shares of company stock valued at $20,286,447 over the last three months. Corporate insiders own 12.99% of the company’s stock.

Alphabet Dividend Announcement

The business also recently disclosed a quarterly dividend, which was paid on Monday, March 17th. Shareholders of record on Monday, March 10th were given a dividend of $0.20 per share. This represents a $0.80 dividend on an annualized basis and a yield of 0.51%. The ex-dividend date of this dividend was Monday, March 10th. Alphabet’s payout ratio is currently 9.94%.

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.