Wedbush Has Positive Outlook for Alphabet Q2 Earnings

Alphabet Inc. (NASDAQ:GOOG) – Stock analysts at Wedbush lifted their Q2 2025 EPS estimates for Alphabet in a report released on Monday, January 6th. Wedbush analyst S. Devitt now expects 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 issued its earnings results 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 return on equity of 31.66% and a net margin of 27.74%. The business had revenue of $88.27 billion during the quarter, compared to the consensus estimate of $86.39 billion. During the same quarter last year, the company earned $1.55 EPS. The firm’s revenue was up 15.1% compared to the same quarter last year.

Several other equities analysts have also recently commented on the company. Jefferies Financial Group boosted their target price on Alphabet from $220.00 to $235.00 and gave the stock a “buy” rating in a research report on Wednesday, October 30th. DA Davidson upgraded shares of Alphabet to a “hold” rating in a research report on Tuesday, September 10th. Citizens Jmp lowered shares of Alphabet from a “strong-buy” rating to a “hold” rating in a research report on Thursday, January 2nd. Scotiabank assumed coverage on shares of Alphabet in a research note on Friday, October 11th. They issued a “sector outperform” rating and a $212.00 price target for the company. Finally, UBS Group raised their price objective on shares of Alphabet from $187.00 to $192.00 and gave the company a “neutral” rating in a research report on Wednesday, October 30th. Six equities research analysts have rated the stock with a hold rating, thirteen have given a buy rating and three have given a strong buy rating to the company. According to data from MarketBeat.com, the company currently has a consensus rating of “Moderate Buy” and an average target price of $200.56.

Alphabet Trading Up 2.5 %

Alphabet stock opened at $197.96 on Tuesday. The company has a debt-to-equity ratio of 0.04, a quick ratio of 1.95 and a current ratio of 1.95. Alphabet has a fifty-two week low of $131.55 and a fifty-two week high of $202.88. The stock has a market cap of $2.42 trillion, a P/E ratio of 26.25, a PEG ratio of 1.34 and a beta of 0.99. The firm’s fifty day moving average price is $182.36 and its 200-day moving average price is $174.11.

Hedge Funds Weigh In On Alphabet

Several hedge funds and other institutional investors have recently modified their holdings of GOOG. Blue Barn Wealth LLC lifted its position in Alphabet by 3.1% during the second quarter. Blue Barn Wealth LLC now owns 6,253 shares of the information services provider’s stock valued at $1,147,000 after buying an additional 187 shares during the period. Slocum Gordon & Co LLP purchased a new stake in Alphabet in the second quarter worth about $44,000. Synergy Asset Management LLC bought a new position in shares of Alphabet during the second quarter valued at approximately $202,000. Northwest Wealth Management LLC lifted its holdings in shares of Alphabet by 1.8% during the second quarter. Northwest Wealth Management LLC now owns 5,642 shares of the information services provider’s stock valued at $1,035,000 after purchasing an additional 100 shares during the last quarter. Finally, Private Advisor Group LLC boosted its position in shares of Alphabet by 4.5% in the 2nd quarter. Private Advisor Group LLC now owns 435,426 shares of the information services provider’s stock worth $79,866,000 after purchasing an additional 18,721 shares in the last quarter. Hedge funds and other institutional investors own 27.26% of the company’s stock.

Insiders Place Their Bets

In related news, insider John Kent Walker sold 16,820 shares of Alphabet stock in a transaction on Monday, December 30th. The shares were sold at an average price of $192.62, for a total value of $3,239,868.40. Following the sale, the insider now owns 43,981 shares in the company, valued at $8,471,620.22. The trade was a 27.66 % decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is available at this link. Also, CAO Amie Thuener O’toole sold 2,834 shares of the company’s stock in a transaction on Tuesday, October 15th. The stock was sold at an average price of $167.23, for a total transaction of $473,929.82. Following the completion of the transaction, the chief accounting officer now owns 26,349 shares of the company’s stock, valued at $4,406,343.27. This trade represents a 9.71 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders have sold a total of 155,887 shares of company stock valued at $27,996,356 in the last quarter. Insiders own 12.99% of the company’s stock.

Alphabet Announces Dividend

The company also recently declared a quarterly dividend, which was paid on Monday, December 16th. Shareholders of record on Monday, December 9th were given a dividend of $0.20 per share. The ex-dividend date was Monday, December 9th. This represents a $0.80 annualized dividend and a yield of 0.40%. Alphabet’s payout ratio is currently 10.61%.

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.