Wedbush Issues Positive Outlook for Alphabet Earnings

Alphabet Inc. (NASDAQ:GOOGL) – Investment analysts at Wedbush raised their Q2 2025 earnings per share (EPS) estimates for shares of Alphabet in a research note issued on Monday, January 6th. Wedbush analyst S. Devitt now forecasts that the information services provider will earn $2.17 per share for the quarter, up from their prior forecast of $2.15. Wedbush has a “Outperform” rating and a $220.00 price objective on the stock. The consensus estimate for Alphabet’s current full-year earnings is $8.01 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:GOOGL) last issued its quarterly earnings results on Tuesday, October 29th. The information services provider reported $2.12 EPS for the quarter, beating analysts’ consensus estimates of $1.83 by $0.29. Alphabet had a return on equity of 31.66% and a net margin of 27.74%. The firm had revenue of $88.27 billion for the quarter, compared to analysts’ expectations of $72.85 billion. During the same quarter in the prior year, the firm earned $1.55 EPS.

Several other brokerages have also recently weighed in on GOOGL. Roth Mkm upped their price target on Alphabet from $206.00 to $212.00 and gave the company a “buy” rating in a research report on Wednesday, October 30th. Morgan Stanley upped their target price on shares of Alphabet from $190.00 to $205.00 and gave the stock an “overweight” rating in a report on Wednesday, October 30th. Loop Capital raised their price target on shares of Alphabet from $170.00 to $185.00 and gave the company a “hold” rating in a report on Wednesday, November 6th. Cantor Fitzgerald restated a “neutral” rating and set a $190.00 price target on shares of Alphabet in a research report on Wednesday, October 30th. Finally, China Renaissance upgraded Alphabet from a “hold” rating to a “buy” rating in a research report on Thursday, October 31st. Nine research analysts have rated the stock with a hold rating, thirty have issued a buy rating and four have given a strong buy rating to the company. Based on data from MarketBeat.com, the company currently has an average rating of “Moderate Buy” and an average price target of $206.82.

Alphabet Stock Performance

Shares of GOOGL stock opened at $195.49 on Tuesday. The firm’s 50 day moving average is $181.36 and its 200 day moving average is $172.72. The stock has a market capitalization of $2.39 trillion, a P/E ratio of 25.93, a PEG ratio of 1.35 and a beta of 0.98. Alphabet has a 12 month low of $130.66 and a 12 month high of $201.42. The company has a current ratio of 1.95, a quick ratio of 1.95 and a debt-to-equity ratio of 0.04.

Hedge Funds Weigh In On Alphabet

Several hedge funds and other institutional investors have recently bought and sold shares of the stock. LMR Partners LLP bought a new position in Alphabet in the third quarter valued at about $32,000. Kings Path Partners LLC bought a new position in shares of Alphabet in the 2nd quarter worth approximately $36,000. Denver PWM LLC purchased a new position in shares of Alphabet in the second quarter worth approximately $41,000. Quarry LP bought a new stake in Alphabet during the second quarter valued at approximately $53,000. Finally, Teachers Insurance & Annuity Association of America purchased a new stake in Alphabet during the third quarter valued at approximately $66,000. Institutional investors own 40.03% of the company’s stock.

Insider Buying and Selling

In other Alphabet news, CEO Sundar Pichai sold 22,500 shares of the firm’s stock in a transaction dated Wednesday, October 16th. The shares were sold at an average price of $166.30, for a total transaction of $3,741,750.00. Following the completion of the sale, the chief executive officer now directly owns 2,106,806 shares in the company, valued at approximately $350,361,837.80. This trade represents a 1.06 % decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this hyperlink. 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 sale, the director now owns 16,490 shares in the company, valued at approximately $2,820,779.40. The trade was a 2.60 % decrease in their position. The disclosure for this sale can be found here. Insiders have sold 155,887 shares of company stock worth $27,996,356 in the last 90 days. Insiders own 11.55% of the company’s stock.

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 given a $0.20 dividend. The ex-dividend date of this dividend was Monday, December 9th. This represents a $0.80 dividend on an annualized basis and a dividend yield of 0.41%. Alphabet’s dividend payout ratio is currently 10.61%.

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.