Wedbush Comments on Alphabet's Q3 Earnings (NASDAQ:GOOG)

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Alphabet Inc. (NASDAQ:GOOG - Free Report) - Stock analysts at Wedbush increased their Q3 2025 earnings per share estimates for Alphabet in a research report issued on Thursday, July 24th. Wedbush analyst S. Devitt now anticipates that the information services provider will post earnings per share of $2.29 for the quarter, up from their previous forecast of $2.21. The consensus estimate for Alphabet's current full-year earnings is $8.89 per share. Wedbush also issued estimates for Alphabet's Q4 2025 earnings at $2.49 EPS.

Alphabet (NASDAQ:GOOG - Get Free Report) last issued its quarterly earnings data on Wednesday, July 23rd. The information services provider reported $2.31 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $2.12 by $0.19. The company had revenue of $96.43 billion during the quarter, compared to analysts' expectations of $93.67 billion. Alphabet had a return on equity of 35.22% and a net margin of 31.12%. The business's revenue was up 13.8% on a year-over-year basis. During the same period last year, the business earned $1.89 earnings per share.

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A number of other research analysts have also recently issued reports on GOOG. Wells Fargo & Company reissued an "equal weight" rating on shares of Alphabet in a report on Wednesday, July 9th. Westpark Capital reissued a "buy" rating and set a $210.00 price objective on shares of Alphabet in a report on Friday, April 25th. Pivotal Research lifted their price objective on Alphabet from $225.00 to $245.00 and gave the company a "buy" rating in a report on Thursday. Oppenheimer restated an "outperform" rating and issued a $235.00 target price (up from $220.00) on shares of Alphabet in a research note on Thursday. Finally, Rosenblatt Securities upgraded Alphabet from a "hold" rating to a "strong-buy" rating in a research note on Friday, April 25th. Three investment analysts have rated the stock with a sell rating, six have issued a hold rating, seventeen have given a buy rating and five have given a strong buy rating to the stock. Based on data from MarketBeat, the company has an average rating of "Moderate Buy" and a consensus target price of $215.19.

Read Our Latest Research Report on Alphabet

Alphabet Stock Up 0.9%

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Shares of NASDAQ GOOG opened at $193.20 on Friday. The stock has a market cap of $2.34 trillion, a PE ratio of 20.58, a PEG ratio of 1.33 and a beta of 1.01. The business has a fifty day moving average of $176.33 and a two-hundred day moving average of $174.69. Alphabet has a 52-week low of $142.66 and a 52-week high of $208.70. The company has a debt-to-equity ratio of 0.03, a quick ratio of 1.77 and a current ratio of 1.77.

Insider Buying and Selling

In related news, Director John L. Hennessy sold 400 shares of Alphabet stock in a transaction dated Monday, July 14th. The stock was sold at an average price of $181.98, for a total value of $72,792.00. Following the completion of the sale, the director directly owned 6,013 shares in the company, valued at $1,094,245.74. This trade represents a 6.24% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, CEO Sundar Pichai sold 32,500 shares of Alphabet stock in a transaction dated Wednesday, July 16th. The stock was sold at an average price of $184.38, for a total value of $5,992,350.00. Following the completion of the sale, the chief executive officer owned 2,527,392 shares of the company's stock, valued at approximately $466,000,536.96. The trade was a 1.27% decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders sold a total of 249,409 shares of company stock worth $43,523,710 over the last three months. 12.99% of the stock is currently owned by company insiders.

Institutional Trading of Alphabet

A number of hedge funds and other institutional investors have recently added to or reduced their stakes in the company. Hemington Wealth Management increased its position in Alphabet by 1.4% in the second quarter. Hemington Wealth Management now owns 8,554 shares of the information services provider's stock worth $1,517,000 after purchasing an additional 116 shares during the period. Fifth Third Wealth Advisors LLC grew its position in shares of Alphabet by 11.3% during the 2nd quarter. Fifth Third Wealth Advisors LLC now owns 101,805 shares of the information services provider's stock worth $18,059,000 after buying an additional 10,360 shares during the period. One Degree Advisors Inc grew its position in shares of Alphabet by 39.8% during the 2nd quarter. One Degree Advisors Inc now owns 5,438 shares of the information services provider's stock worth $964,000 after buying an additional 1,548 shares during the period. Applied Capital LLC FL grew its position in shares of Alphabet by 0.9% during the 2nd quarter. Applied Capital LLC FL now owns 25,527 shares of the information services provider's stock worth $4,528,000 after buying an additional 234 shares during the period. Finally, JNBA Financial Advisors grew its position in shares of Alphabet by 2.9% during the 2nd quarter. JNBA Financial Advisors now owns 10,606 shares of the information services provider's stock worth $1,881,000 after buying an additional 300 shares during the period. 27.26% of the stock is currently owned by institutional investors and hedge funds.

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.

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