Alphabet Inc. (NASDAQ:GOOG – Free Report) – Investment analysts at Seaport Res Ptn lowered their Q1 2025 earnings per share estimates for shares of Alphabet in a research report issued on Tuesday, February 4th. Seaport Res Ptn analyst A. Kessler now expects that the information services provider will earn $1.99 per share for the quarter, down from their previous estimate of $2.02. Seaport Res Ptn has a “Strong-Buy” rating on the stock. The consensus estimate for Alphabet’s current full-year earnings is $8.02 per share. Seaport Res Ptn also issued estimates for Alphabet’s Q3 2025 earnings at $2.22 EPS, Q4 2025 earnings at $2.42 EPS, FY2025 earnings at $8.75 EPS and FY2026 earnings at $9.87 EPS.
Several other research firms have also commented on GOOG. Pivotal Research increased their target price on Alphabet from $215.00 to $225.00 and gave the company a “buy” rating in a report on Wednesday, October 30th. Barclays increased their price objective on Alphabet from $200.00 to $220.00 and gave the company an “overweight” rating in a report on Wednesday, October 30th. Oppenheimer boosted their target price on Alphabet from $215.00 to $225.00 and gave the stock an “outperform” rating in a research note on Thursday, January 30th. Jefferies Financial Group increased their price target on shares of Alphabet from $220.00 to $235.00 and gave the company a “buy” rating in a research note on Wednesday, October 30th. Finally, Wedbush restated an “outperform” rating and set a $220.00 price objective on shares of Alphabet in a research report on Thursday, January 30th. Six analysts have rated the stock with a hold rating, twelve have assigned a buy rating and three have issued a strong buy rating to the company’s stock. According to MarketBeat, the company currently has a consensus rating of “Moderate Buy” and a consensus target price of $209.13.
Alphabet Trading Down 6.9 %
Shares of NASDAQ:GOOG opened at $193.30 on Thursday. Alphabet has a 52 week low of $131.55 and a 52 week high of $208.70. The company’s 50 day moving average is $191.88 and its two-hundred day moving average is $175.91. The company has a market cap of $2.37 trillion, a PE ratio of 25.64, a P/E/G ratio of 1.32 and a beta of 1.00. The company has a current ratio of 1.95, a quick ratio of 1.95 and a debt-to-equity ratio of 0.04.
Alphabet (NASDAQ:GOOG – Get Free Report) last announced its quarterly earnings data on Tuesday, February 4th. The information services provider reported $2.15 earnings per share (EPS) for the quarter, beating the consensus estimate of $2.12 by $0.03. Alphabet had a return on equity of 31.66% and a net margin of 27.74%.
Hedge Funds Weigh In On Alphabet
A number of large investors have recently modified their holdings of the business. Plato Investment Management Ltd grew its stake in shares of Alphabet by 1.6% during the 4th quarter. Plato Investment Management Ltd now owns 127,636 shares of the information services provider’s stock worth $24,395,000 after purchasing an additional 2,046 shares during the period. SBI Securities Co. Ltd. acquired a new position in Alphabet during the fourth quarter worth about $31,987,000. Jones Financial Companies Lllp increased its holdings in Alphabet by 21.3% in the fourth quarter. Jones Financial Companies Lllp now owns 119,583 shares of the information services provider’s stock valued at $22,773,000 after buying an additional 20,993 shares in the last quarter. SRS Capital Advisors Inc. lifted its position in shares of Alphabet by 13.5% during the 4th quarter. SRS Capital Advisors Inc. now owns 19,519 shares of the information services provider’s stock valued at $3,717,000 after acquiring an additional 2,327 shares during the period. Finally, Bailard Inc. boosted its stake in shares of Alphabet by 0.7% during the 4th quarter. Bailard Inc. now owns 98,278 shares of the information services provider’s stock worth $18,716,000 after acquiring an additional 694 shares in the last quarter. 27.26% of the stock is owned by hedge funds and other institutional investors.
Insider Buying and Selling at Alphabet
In other Alphabet news, Director Kavitark Ram Shriram sold 37,134 shares of the company’s stock in a transaction on Tuesday, December 10th. The shares were sold at an average price of $185.02, for a total transaction of $6,870,532.68. Following the completion of the transaction, the director now owns 282,832 shares in the company, valued at approximately $52,329,576.64. This represents a 11.61 % decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, CAO Amie Thuener O’toole sold 1,367 shares of Alphabet stock in a transaction dated Monday, December 2nd. The shares were sold at an average price of $170.41, for a total transaction of $232,950.47. Following the completion of the sale, the chief accounting officer now directly owns 23,515 shares in the company, valued at approximately $4,007,191.15. The trade was a 5.49 % decrease in their position. The disclosure for this sale can be found here. Insiders sold a total of 89,529 shares of company stock valued at $16,600,078 in the last ninety days. Insiders own 12.99% of the company’s stock.
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.
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