Alphabet (GOOGL) Projected to Release Quarterly Earnings on Tuesday

Alphabet (NASDAQ:GOOGL) will likely be announcing its results after the market closes on Tuesday, July 21st. Analysts expect Alphabet to post earnings of $2.87 per share and revenue of $116.5325 billion for the quarter.

Alphabet (NASDAQ:GOOGL) last posted its quarterly earnings data on Wednesday, April 29th. The information services provider reported $5.11 EPS for the quarter, beating the consensus estimate of $2.64 by $2.47. The business had revenue of $109.90 billion for the quarter, compared to analysts’ expectations of $106.98 billion. Alphabet had a net margin of 37.92% and a return on equity of 38.99%. On average, analysts expect Alphabet to post $14 EPS for the current fiscal year and $15 EPS for the next fiscal year.

Alphabet Price Performance

Shares of NASDAQ GOOGL opened at $346.77 on Friday. The company has a fifty day moving average price of $368.89 and a 200 day moving average price of $337.97. The firm has a market cap of $4.20 trillion, a PE ratio of 26.45, a PEG ratio of 1.45 and a beta of 1.24. The company has a current ratio of 1.92, a quick ratio of 1.92 and a debt-to-equity ratio of 0.16. Alphabet has a 1-year low of $183.71 and a 1-year high of $408.61.

Alphabet Increases Dividend

The company also recently declared a quarterly dividend, which was paid on Monday, June 15th. Stockholders of record on Monday, June 8th were issued a $0.22 dividend. This represents a $0.88 dividend on an annualized basis and a dividend yield of 0.3%. This is a positive change from Alphabet’s previous quarterly dividend of $0.21. The ex-dividend date was Monday, June 8th. Alphabet’s dividend payout ratio is presently 6.71%.

Insider Buying and Selling at Alphabet

In related news, Director Frances Arnold sold 112 shares of the stock in a transaction that occurred on Tuesday, June 30th. The stock was sold at an average price of $351.28, for a total transaction of $39,343.36. Following the completion of the transaction, the director directly owned 18,833 shares of the company’s stock, valued at approximately $6,615,656.24. This represents a 0.59% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is accessible through this hyperlink. Also, Director John L. Hennessy sold 1,050 shares of the firm’s stock in a transaction that occurred on Monday, June 15th. The shares were sold at an average price of $368.63, for a total value of $387,061.50. Following the completion of the transaction, the director owned 1,481 shares of the company’s stock, valued at approximately $545,941.03. This represents a 41.49% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Insiders have sold a total of 159,415 shares of company stock valued at $7,672,279 in the last ninety days. Insiders own 11.61% of the company’s stock.

Hedge Funds Weigh In On Alphabet

Hedge funds and other institutional investors have recently made changes to their positions in the company. IFC & Insurance Marketing Inc. bought a new position in shares of Alphabet in the 4th quarter valued at about $38,000. Uniplan Investment Counsel Inc. acquired a new position in shares of Alphabet during the 4th quarter worth about $65,000. iSAM Funds UK Ltd bought a new stake in shares of Alphabet in the 3rd quarter valued at about $53,000. Atlantic Private Wealth LLC raised its holdings in shares of Alphabet by 27.0% in the 4th quarter. Atlantic Private Wealth LLC now owns 254 shares of the information services provider’s stock valued at $80,000 after purchasing an additional 54 shares during the period. Finally, Modus Advisors LLC acquired a new stake in Alphabet in the 4th quarter valued at about $104,000. 40.03% of the stock is owned by institutional investors.

Trending Headlines about Alphabet

Here are the key news stories impacting Alphabet this week:

• Positive Sentiment: Wall Street remains broadly bullish on Alphabet, with multiple reports citing strong cloud growth, AI-driven momentum in Search and YouTube, and price targets still above current trading levels. Article Title
• Positive Sentiment: Analysts say Alphabet could post a strong Q2, helped by Google Cloud strength and the value of its Anthropic stake, which may support upside if earnings beat expectations. Article Title
• Neutral Sentiment: Investors are also positioning for Alphabet’s upcoming earnings report, with options traders expecting a sizable move, indicating that the stock may stay volatile into the release. Article Title
• Negative Sentiment: Bloomberg-reported delays to Gemini 3.5 Pro have sparked fears that Google is lagging in AI, with concerns that the model’s coding performance fell short of internal goals. Article Title
• Negative Sentiment: Alphabet is facing added regulatory pressure after the EU ordered it to open Android and search data to rival AI companies, and a San Francisco order to remove “nudify” apps from app stores adds to the broader legal overhang. Article Title
• Negative Sentiment: Securities-fraud investigation headlines are creating an additional near-term overhang, even though these are still allegations and not a proven finding of wrongdoing. Article Title

Analyst Ratings Changes

Several research firms have recently weighed in on GOOGL. Freedom Capital cut Alphabet from a “strong-buy” rating to a “hold” rating in a research report on Monday, May 4th. Truist Financial set a $430.00 target price on Alphabet and gave the company a “buy” rating in a research report on Friday, May 29th. Deutsche Bank Aktiengesellschaft restated a “buy” rating on shares of Alphabet in a research note on Tuesday, April 28th. Susquehanna reaffirmed a “positive” rating and set a $460.00 price target (up from $400.00) on shares of Alphabet in a research report on Thursday, April 30th. Finally, HSBC reaffirmed a “buy” rating and set a $420.00 price target (down from $435.00) on shares of Alphabet in a research note on Tuesday, June 2nd. Three investment analysts have rated the stock with a Strong Buy rating, forty-seven have issued a Buy rating and five have given a Hold rating to the company’s stock. According to MarketBeat, the company currently has a consensus rating of “Moderate Buy” and an average target price of $414.11.

About Alphabet

Alphabet Inc is the holding company created in 2015 to organize Google and a portfolio of businesses developing technologies beyond Google’s core internet services. Its principal operations are led by Google, which builds and operates consumer-facing products such as Google Search, YouTube, Android, Chrome, Gmail, Google Maps and Google Workspace, as well as advertising platforms (Google Ads and AdSense) that historically generate the majority of its revenue. Google also develops consumer hardware (Pixel phones, Nest smart-home devices, Chromecast) and developer and distribution platforms such as Google Play.

Beyond Google’s consumer and advertising businesses, Alphabet invests in enterprise and infrastructure offerings through Google Cloud, which provides cloud computing, data analytics and productivity services to businesses and institutions.