Wedbush Has Positive Outlook for Alphabet Q2 Earnings

Alphabet Inc. (NASDAQ:GOOG) – Research analysts at Wedbush boosted their Q2 2025 earnings per share estimates for shares of Alphabet in a report issued on Monday, January 6th. Wedbush analyst S. Devitt now forecasts that the information services provider will post earnings per share of $2.17 for the quarter, up from their previous forecast of $2.15. The consensus estimate for Alphabet’s current full-year earnings is $8.02 per share. Wedbush also issued estimates for Alphabet’s Q3 2025 earnings at $2.28 EPS, Q4 2025 earnings at $2.46 EPS, FY2025 earnings at $8.94 EPS and FY2026 earnings at $9.90 EPS.

Alphabet (NASDAQ:GOOG) last announced its quarterly earnings data on Tuesday, October 29th. The information services provider reported $2.12 EPS for the quarter, topping the consensus estimate of $1.83 by $0.29. Alphabet had a net margin of 27.74% and a return on equity of 31.66%. The business had revenue of $88.27 billion for the quarter, compared to analyst estimates of $86.39 billion. During the same quarter in the previous year, the firm posted $1.55 earnings per share. The company’s revenue for the quarter was up 15.1% on a year-over-year basis.

GOOG has been the topic of several other reports. JPMorgan Chase & Co. boosted their target price on Alphabet from $208.00 to $212.00 and gave the company an “overweight” rating in a research note on Wednesday, October 30th. Citizens Jmp cut Alphabet from a “strong-buy” rating to a “hold” rating in a research note on Thursday, January 2nd. Canaccord Genuity Group increased their target price on shares of Alphabet from $220.00 to $225.00 and gave the stock a “buy” rating in a research report on Wednesday, October 30th. Barclays boosted their price target on shares of Alphabet from $200.00 to $220.00 and gave the company an “overweight” rating in a research report on Wednesday, October 30th. Finally, Scotiabank assumed coverage on shares of Alphabet in a report on Friday, October 11th. They issued a “sector outperform” rating and a $212.00 price objective for the company. Six equities research analysts have rated the stock with a hold rating, thirteen have issued a buy rating and three have issued a strong buy rating to the company’s stock. According to MarketBeat, the company presently has an average rating of “Moderate Buy” and a consensus price target of $200.56.

Alphabet Trading Down 0.7 %

NASDAQ:GOOG opened at $195.39 on Tuesday. Alphabet has a 12 month low of $131.55 and a 12 month high of $202.88. The company has a current ratio of 1.95, a quick ratio of 1.95 and a debt-to-equity ratio of 0.04. The firm’s 50 day moving average is $183.26 and its 200 day moving average is $174.38. The stock has a market capitalization of $2.39 trillion, a PE ratio of 25.91, a price-to-earnings-growth ratio of 1.34 and a beta of 0.99.

Alphabet Dividend Announcement

The business also recently declared a quarterly dividend, which was paid on Monday, December 16th. Stockholders of record on Monday, December 9th were issued a $0.20 dividend. This represents a $0.80 dividend on an annualized basis and a dividend yield of 0.41%. The ex-dividend date was Monday, December 9th. Alphabet’s payout ratio is 10.61%.

Insider Activity

In related news, Director Kavitark Ram Shriram sold 37,134 shares of the business’s stock in a transaction that occurred on Tuesday, December 10th. The stock was sold at an average price of $185.02, for a total value of $6,870,532.68. Following the completion of the sale, the director now owns 282,832 shares in the company, valued at $52,329,576.64. The trade was a 11.61 % decrease in their position. The transaction was disclosed in a filing with the SEC, which is available through the SEC website. Also, Director Frances Arnold sold 441 shares of the stock in a transaction that occurred on Monday, November 4th. The shares were sold at an average price of $171.06, for a total transaction of $75,437.46. Following the transaction, the director now owns 16,490 shares in the company, valued at $2,820,779.40. The trade was a 2.60 % decrease in their ownership of the stock. The disclosure for this sale can be found here. In the last quarter, insiders have sold 155,887 shares of company stock worth $27,996,356. 12.99% of the stock is currently owned by corporate insiders.

Institutional Trading of Alphabet

Several hedge funds have recently added to or reduced their stakes in GOOG. Weiss Asset Management LP purchased a new position in shares of Alphabet in the third quarter worth about $25,000. Safe Harbor Fiduciary LLC bought a new stake in Alphabet in the third quarter valued at approximately $33,000. Abich Financial Wealth Management LLC boosted its stake in shares of Alphabet by 9,200.0% during the second quarter. Abich Financial Wealth Management LLC now owns 186 shares of the information services provider’s stock valued at $34,000 after purchasing an additional 184 shares during the period. HWG Holdings LP purchased a new stake in shares of Alphabet during the second quarter valued at approximately $40,000. Finally, Sanctuary Wealth Management L.L.C. grew its holdings in shares of Alphabet by 87.3% in the third quarter. Sanctuary Wealth Management L.L.C. now owns 251 shares of the information services provider’s stock worth $42,000 after purchasing an additional 117 shares during the last quarter. 27.26% of the stock is owned by 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.