What is Zacks Research’s Estimate for Alphabet Q1 Earnings?

Alphabet Inc. (NASDAQ:GOOGL) – Equities research analysts at Zacks Research reduced their Q1 2027 earnings per share estimates for shares of Alphabet in a report issued on Wednesday, July 23rd. Zacks Research analyst R. Department now expects that the information services provider will post earnings of $2.55 per share for the quarter, down from their prior estimate of $2.67. The consensus estimate for Alphabet’s current full-year earnings is $8.90 per share. Zacks Research also issued estimates for Alphabet’s Q2 2027 earnings at $2.76 EPS and FY2027 earnings at $11.51 EPS.

Alphabet (NASDAQ:GOOGL) last posted its quarterly earnings data on Thursday, April 24th. The information services provider reported $2.81 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $2.02 by $0.79. Alphabet had a return on equity of 34.31% and a net margin of 31.12%. The company had revenue of $76.49 billion during the quarter, compared to analysts’ expectations of $89.30 billion. During the same quarter in the previous year, the business earned $1.89 EPS.

Several other equities analysts have also commented on GOOGL. BMO Capital Markets raised their price target on Alphabet from $208.00 to $225.00 and gave the company an “outperform” rating in a research note on Thursday. Guggenheim raised their price target on Alphabet from $190.00 to $210.00 and gave the company a “buy” rating in a research note on Wednesday. BNP Paribas lowered Alphabet from a “strong-buy” rating to a “hold” rating in a research note on Thursday, June 26th. Needham & Company LLC raised their price target on Alphabet from $210.00 to $220.00 and gave the company a “buy” rating in a research note on Thursday. Finally, Citigroup raised their price target on Alphabet from $203.00 to $225.00 and gave the company a “buy” rating in a research note on Thursday. Ten equities research analysts have rated the stock with a hold rating, twenty-nine have issued a buy rating and four have issued a strong buy rating to the company’s stock. According to data from MarketBeat, the stock has a consensus rating of “Moderate Buy” and a consensus target price of $211.32.

Alphabet Price Performance

GOOGL opened at $193.18 on Friday. The business has a fifty day moving average of $175.77 and a 200 day moving average of $172.93. Alphabet has a 52-week low of $140.53 and a 52-week high of $207.05. The company has a quick ratio of 1.77, a current ratio of 1.90 and a debt-to-equity ratio of 0.07. The stock has a market cap of $2.34 trillion, a P/E ratio of 20.57, a PEG ratio of 1.33 and a beta of 1.00.

Alphabet Dividend Announcement

The company also recently announced a quarterly dividend, which will be paid on Monday, September 15th. Stockholders of record on Monday, September 8th will be given a $0.21 dividend. The ex-dividend date is Monday, September 8th. This represents a $0.84 annualized dividend and a dividend yield of 0.43%. Alphabet’s dividend payout ratio (DPR) is presently 8.95%.

Insider Activity at Alphabet

In other news, CEO Sundar Pichai sold 32,500 shares of the firm’s stock in a transaction that occurred on Wednesday, July 2nd. The stock was sold at an average price of $178.52, for a total value of $5,801,900.00. Following the transaction, the chief executive officer owned 2,559,892 shares in the company, valued at $456,991,919.84. This trade represents a 1.25% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is available through this link. Also, Director Kavitark Ram Shriram sold 18,566 shares of the stock in a transaction that occurred on Friday, July 18th. The shares were sold at an average price of $185.76, for a total value of $3,448,820.16. Following the completion of the sale, the director directly owned 243,400 shares of the company’s stock, valued at approximately $45,213,984. This represents a 7.09% decrease in their position. The disclosure for this sale can be found here. In the last 90 days, insiders sold 249,409 shares of company stock worth $43,523,710. Company insiders own 11.64% of the company’s stock.

Institutional Investors Weigh In On Alphabet

Several hedge funds and other institutional investors have recently made changes to their positions in the stock. Guardian Wealth Management Inc. increased its stake in Alphabet by 242.9% during the first quarter. Guardian Wealth Management Inc. now owns 168 shares of the information services provider’s stock worth $26,000 after acquiring an additional 119 shares during the last quarter. von Borstel & Associates Inc. acquired a new stake in Alphabet during the first quarter worth $28,000. IMA Advisory Services Inc. acquired a new stake in Alphabet during the first quarter worth $28,000. NBZ Investment Advisors LLC increased its stake in Alphabet by 85.7% during the first quarter. NBZ Investment Advisors LLC now owns 195 shares of the information services provider’s stock worth $30,000 after acquiring an additional 90 shares during the last quarter. Finally, Financial Gravity Asset Management Inc. acquired a new stake in Alphabet during the first quarter worth $39,000. Institutional investors and hedge funds own 40.03% of the company’s stock.

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.