Roth Capital Issues Optimistic Outlook for Alphabet Earnings

Alphabet Inc. (NASDAQ:GOOG) – Research analysts at Roth Capital boosted their FY2025 earnings per share estimates for shares of Alphabet in a research report issued to clients and investors on Thursday, October 30th. Roth Capital analyst R. Kulkarni now expects that the information services provider will post earnings per share of $10.45 for the year, up from their prior estimate of $9.70. Roth Capital has a “Buy” rating on the stock. The consensus estimate for Alphabet’s current full-year earnings is $8.89 per share. Roth Capital also issued estimates for Alphabet’s Q3 2026 earnings at $2.76 EPS.

Several other research firms have also recently commented on GOOG. BMO Capital Markets reissued an “outperform” rating and issued a $340.00 price target on shares of Alphabet in a report on Thursday. Bank of America raised their target price on Alphabet from $280.00 to $335.00 and gave the company a “buy” rating in a report on Thursday. Phillip Securities downgraded Alphabet from a “strong-buy” rating to a “moderate buy” rating in a report on Monday, September 8th. Sanford C. Bernstein raised their price objective on shares of Alphabet from $260.00 to $305.00 and gave the company an “outperform” rating in a research note on Thursday. Finally, Piper Sandler lifted their price objective on Alphabet from $285.00 to $330.00 and gave the stock an “overweight” rating in a report on Thursday. Five investment analysts have rated the stock with a Strong Buy rating, twenty-seven have assigned a Buy rating, four have given a Hold rating and three have given a Sell rating to the company’s stock. Based on data from MarketBeat.com, Alphabet presently has an average rating of “Moderate Buy” and an average price target of $324.81.

Alphabet Price Performance

Shares of NASDAQ:GOOG opened at $281.82 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 company has a market cap of $3.41 trillion, a P/E ratio of 27.79, a PEG ratio of 1.86 and a beta of 1.00. Alphabet has a 52 week low of $142.66 and a 52 week high of $291.93. The company has a 50-day moving average price of $244.59 and a 200 day moving average price of $201.30.

Alphabet (NASDAQ:GOOG) last issued its quarterly earnings results on Wednesday, October 29th. The information services provider reported $2.87 earnings per share for the quarter, topping the consensus estimate of $2.29 by $0.58. Alphabet had a return on equity of 36.08% and a net margin of 32.23%.The firm had revenue of $102.35 billion during the quarter, compared to the consensus estimate of $99.90 billion. During the same period last year, the company earned $2.12 earnings per share. The company’s revenue for the quarter was up 15.9% on a year-over-year basis.

Institutional Investors Weigh In On Alphabet

Several large investors have recently made changes to their positions in GOOG. RDA Financial Network lifted its position in Alphabet by 5.3% during the 2nd quarter. RDA Financial Network now owns 11,094 shares of the information services provider’s stock worth $1,968,000 after buying an additional 554 shares in the last quarter. Bleakley Financial Group LLC lifted its position in Alphabet by 1.4% during the 2nd quarter. Bleakley Financial Group LLC now owns 170,020 shares of the information services provider’s stock worth $30,160,000 after buying an additional 2,304 shares in the last quarter. Oldfather Financial Services LLC bought a new stake in Alphabet during the second quarter worth about $213,000. Tower View Wealth Management LLC raised its holdings in Alphabet by 6.9% during the second quarter. Tower View Wealth Management LLC now owns 27,644 shares of the information services provider’s stock worth $4,904,000 after acquiring an additional 1,776 shares in the last quarter. Finally, Dock Street Asset Management Inc. raised its holdings in Alphabet by 0.8% during the second quarter. Dock Street Asset Management Inc. now owns 234,306 shares of the information services provider’s stock worth $41,563,000 after acquiring an additional 1,970 shares in the last quarter. Institutional investors and hedge funds own 27.26% of the company’s stock.

Insiders Place Their Bets

In other news, insider John Kent Walker sold 17,816 shares of the company’s stock in a transaction dated Monday, September 29th. The shares were sold at an average price of $247.42, for a total transaction of $4,408,034.72. Following the completion of the transaction, the insider owned 42,985 shares of the company’s stock, valued at $10,635,348.70. This represents a 29.30% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is available through this link. Also, CAO Amie Thuener O’toole sold 2,778 shares of the company’s stock in a transaction on Monday, September 15th. The stock was sold at an average price of $245.00, for a total value of $680,610.00. Following the sale, the chief accounting officer owned 17,293 shares of the company’s stock, valued at approximately $4,236,785. The trade was a 13.84% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Over the last 90 days, insiders have sold 222,330 shares of company stock valued at $51,167,625. Insiders own 12.99% of the company’s stock.

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.