Wedbush Issues Optimistic Outlook for Alphabet Earnings

Alphabet Inc. (NASDAQ:GOOG) – Analysts at Wedbush upped their Q2 2025 earnings per share estimates for Alphabet in a report released on Thursday, July 17th. Wedbush analyst S. Devitt now expects that the information services provider will earn $2.12 per share for the quarter, up from their prior forecast of $2.05. The consensus estimate for Alphabet’s current full-year earnings is $8.89 per share. Wedbush also issued estimates for Alphabet’s Q3 2025 earnings at $2.21 EPS and Q4 2025 earnings at $2.40 EPS.

Other equities research analysts have also recently issued reports about the stock. Citigroup reiterated a “sell” rating on shares of Alphabet in a research report on Wednesday, April 23rd. Westpark Capital reiterated a “buy” rating and set a $210.00 price target on shares of Alphabet in a report on Friday, April 25th. Susquehanna reissued a “positive” rating on shares of Alphabet in a research report on Friday, May 2nd. Raymond James Financial restated an “outperform” rating on shares of Alphabet in a research report on Wednesday, July 9th. Finally, Scotiabank decreased their target price on Alphabet from $232.00 to $200.00 and set a “sector outperform” rating for the company in a research note on Monday, April 21st. Three investment analysts have rated the stock with a sell rating, six have issued a hold rating, seventeen have issued a buy rating and five have assigned a strong buy rating to the stock. According to MarketBeat, the company has a consensus rating of “Moderate Buy” and a consensus target price of $208.40.

Alphabet Stock Performance

Shares of GOOG stock opened at $185.94 on Friday. The company has a debt-to-equity ratio of 0.03, a current ratio of 1.77 and a quick ratio of 1.77. Alphabet has a one year low of $142.66 and a one year high of $208.70. The business’s 50 day simple moving average is $174.02 and its 200 day simple moving average is $174.72. The stock has a market capitalization of $2.26 trillion, a PE ratio of 20.73, a PEG ratio of 1.29 and a beta of 1.01.

Alphabet (NASDAQ:GOOG) last issued its quarterly earnings data on Thursday, April 24th. The information services provider reported $2.81 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $2.02 by $0.79. The company had revenue of $90.23 billion during the quarter, compared to the consensus estimate of $89.30 billion. Alphabet had a return on equity of 34.54% and a net margin of 30.86%. The firm’s revenue was up 12.0% compared to the same quarter last year. During the same period last year, the company earned $1.89 earnings per share.

Alphabet Increases Dividend

The business also recently disclosed 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. The ex-dividend date was Monday, June 9th. This is a boost from Alphabet’s previous quarterly dividend of $0.20. This represents a $0.84 annualized dividend and a yield of 0.45%. Alphabet’s dividend payout ratio (DPR) is 9.36%.

Insiders Place Their Bets

In other Alphabet news, Director John L. Hennessy sold 600 shares of the stock in a transaction dated Thursday, May 22nd. The shares were sold at an average price of $175.00, for a total value of $105,000.00. Following the completion of the sale, the director owned 6,813 shares in the company, valued at approximately $1,192,275. This trade represents a 8.09% decrease in their position. The transaction was disclosed in a filing with the SEC, which is accessible through the SEC website. Also, Director Kavitark Ram Shriram sold 10,500 shares of the business’s stock in a transaction that occurred on Thursday, May 22nd. The stock was sold at an average price of $175.00, for a total value of $1,837,500.00. Following the completion of the transaction, the director owned 261,966 shares in the company, valued at $45,844,050. The trade was a 3.85% decrease in their position. The disclosure for this sale can be found here. Insiders have sold 215,843 shares of company stock valued at $37,288,490 in the last three months. 12.99% of the stock is currently owned by insiders.

Institutional Trading of Alphabet

Institutional investors and hedge funds have recently modified their holdings of the business. Kingstone Capital Partners Texas LLC grew its position in 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 valued at $23,963,208,000 after buying an additional 135,064,454 shares during the period. Norges Bank purchased a new position in Alphabet in the fourth quarter valued at about $5,166,070,000. Nuveen LLC bought a new position in shares of Alphabet during the 1st quarter valued at approximately $2,622,943,000. GAMMA Investing LLC increased its stake in shares of Alphabet by 18,562.3% during the 1st quarter. GAMMA Investing LLC now owns 14,323,323 shares of the information services provider’s stock worth $2,237,733,000 after purchasing an additional 14,246,573 shares during the last quarter. Finally, Vanguard Group Inc. raised its holdings in shares of Alphabet by 2.4% in the 1st quarter. Vanguard Group Inc. now owns 411,570,922 shares of the information services provider’s stock worth $64,299,725,000 after purchasing an additional 9,687,855 shares during the period. 27.26% of the stock is owned by hedge funds and other institutional investors.

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.