Alphabet Stock Earnings Estimates Raised by Erste Group Bank

Alphabet Inc. (NASDAQ:GOOG) – Equities research analysts at Erste Group Bank raised their FY2027 earnings per share estimates for shares of Alphabet in a research note issued on Thursday, October 8th. Erste Group Bank analyst H. Engel now forecasts that the information services provider will post earnings per share of $15.01 for the year, up from their prior forecast of $14.99. The consensus estimate for Alphabet’s current full-year earnings is $20.54 per share.

Several other research analysts also recently weighed in on the company. Evercore upped their target price on Alphabet from $420.00 to $450.00 and gave the stock an “outperform” rating in a research note on Thursday, September 17th. JPMorgan Chase & Co. dropped their price target on shares of Alphabet from $460.00 to $420.00 and set an “overweight” rating on the stock in a research note on Thursday, July 23rd. Wolfe Research reissued an “outperform” rating on shares of Alphabet in a research note on Thursday, August 27th. Zacks Research lowered shares of Alphabet from a “strong-buy” rating to a “hold” rating in a report on Wednesday, August 5th. Finally, Royal Bank Of Canada restated a “buy” rating and set a $475.00 price objective on shares of Alphabet in a research report on Thursday, July 23rd. Six equities research analysts have rated the stock with a Strong Buy rating, thirty-five have issued a Buy rating and three have given a Hold rating to the stock. According to data from MarketBeat, Alphabet has a consensus rating of “Buy” and an average price target of $421.95.

Alphabet Stock Up 0.3%

Shares of GOOG opened at $348.97 on Tuesday. The company has a current ratio of 2.72, a quick ratio of 2.64 and a debt-to-equity ratio of 0.16. Alphabet has a 12 month low of $240.75 and a 12 month high of $404.47. The stock’s 50 day moving average is $342.49 and its two-hundred day moving average is $347.52. The firm has a market cap of $4.27 trillion, a P/E ratio of 17.53, a PEG ratio of 1.01 and a beta of 1.19.

Alphabet (NASDAQ:GOOG) last released its quarterly earnings results on Thursday, July 23rd. The information services provider reported $9.11 earnings per share for the quarter, topping analysts’ consensus estimates of $2.87 by $6.24. The company had revenue of $119.80 billion during the quarter, compared to analysts’ expectations of $116.53 billion. Alphabet had a return on equity of 51.32% and a net margin of 54.77%. Alphabet’s quarterly revenue was up 24.2% compared to the same quarter last year. During the same quarter in the prior year, the firm posted $2.31 EPS.

Institutional Trading of Alphabet

Several large investors have recently bought and sold shares of GOOG. NorthCrest Asset Manangement LLC raised its holdings in Alphabet by 95.4% in the 3rd quarter. NorthCrest Asset Manangement LLC now owns 94,364 shares of the information services provider’s stock valued at $32,542,000 after acquiring an additional 46,060 shares during the last quarter. Consolidated Capital Management LLC lifted its stake in Alphabet by 6.1% in the 3rd quarter. Consolidated Capital Management LLC now owns 4,354 shares of the information services provider’s stock worth $1,484,000 after purchasing an additional 251 shares in the last quarter. Integrated Financial Solutions Inc. boosted its holdings in shares of Alphabet by 6.2% during the 3rd quarter. Integrated Financial Solutions Inc. now owns 721 shares of the information services provider’s stock worth $246,000 after purchasing an additional 42 shares during the last quarter. Sacks & Associates LLC acquired a new position in shares of Alphabet during the 3rd quarter worth approximately $1,247,000. Finally, HF Advisory Group LLC boosted its holdings in shares of Alphabet by 10.2% during the 3rd quarter. HF Advisory Group LLC now owns 20,554 shares of the information services provider’s stock worth $7,004,000 after purchasing an additional 1,897 shares during the last quarter. Hedge funds and other institutional investors own 27.26% of the company’s stock.

Insider Buying and Selling at Alphabet

In other Alphabet news, Director Frances Arnold sold 83 shares of Alphabet stock in a transaction on Wednesday, September 30th. The shares were sold at an average price of $340.45, for a total transaction of $28,257.35. Following the sale, the director owned 19,076 shares of the company’s stock, valued at $6,494,424.20. The trade was a 0.43% decrease in their position. The sale was disclosed in a document filed with the SEC, which is available through this hyperlink. Also, CAO Marsida Saraci sold 449 shares of the company’s stock in a transaction on Wednesday, July 29th. The stock was sold at an average price of $333.20, for a total transaction of $149,606.80. Following the sale, the chief accounting officer directly owned 27,386 shares of the company’s stock, valued at $9,125,015.20. The trade was a 1.61% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. In the last 90 days, insiders have sold 441,399 shares of company stock worth $8,677,053. Corporate insiders own 12.99% of the company’s stock.

Alphabet Announces Dividend

The company also recently disclosed a quarterly dividend, which was paid on Monday, September 14th. Shareholders of record on Monday, September 7th were issued a $0.22 dividend. The ex-dividend date was Friday, September 4th. This represents a $0.88 dividend on an annualized basis and a yield of 0.3%. Alphabet’s dividend payout ratio (DPR) is presently 4.42%.

Alphabet News Summary

Here are the key news stories impacting Alphabet this week:

• Positive Sentiment: Analysts and financial commentators remain constructive on Alphabet’s long-term outlook, citing Google Cloud’s rapid growth, a reported $514 billion backlog and expanding AI Mode adoption. Some forecasts point to meaningful upside over the next 12 months and through 2030. Wall Street analysts update Google stock price target
• Positive Sentiment: Alphabet and Constellation reportedly signed a 3.59-gigawatt nuclear power agreement. The deal supports Alphabet’s ability to secure reliable electricity for energy-intensive AI data centers and highlights growing demand for nuclear power across the technology sector. Google and Constellation nuclear deal
• Positive Sentiment: New consumer-health initiatives—including partnerships with Flo Health and Function Health—and the $180 Fitbit Edge could broaden Alphabet’s ecosystem, increase engagement and create additional data and services opportunities beyond advertising. Alphabet Flo Health partnership
• Neutral Sentiment: Waymo reportedly raised $5 billion in private credit, providing additional funding for its robotaxi expansion. The financing could accelerate growth but also underscores the substantial capital requirements of Alphabet’s autonomous-driving business. Waymo borrowing
• Negative Sentiment: Several law firms publicized a securities-fraud class action against Alphabet, alleging the company misrepresented progress on its Gemini 3.5 Pro model, including coding and training-data setbacks. The allegations relate to a reported 4% share-price decline and are not proven; multiple firms cited December 1, 2026 lead-plaintiff deadlines, while one notice cited November 30. Alphabet AI issues securities lawsuit
• Negative Sentiment: Reach PLC reported a sharp decline in digital revenue as Google referrals weakened, offering a reminder that changes to Google Search and AI-generated answers may disrupt traffic-dependent publishers and attract scrutiny from the broader media ecosystem. Daily Mirror publisher Reach hit by Google traffic slump

Alphabet Company Profile

Alphabet Inc is a technology holding company best known as the parent company of Google. Established in 2015 through a corporate restructuring, Alphabet oversees Google and a collection of businesses focused on technology, innovation and emerging industries. Sundar Pichai serves as Alphabet’s chief executive officer and also leads Google.

Google is Alphabet’s primary business and operates an internet ecosystem that includes Google Search, online advertising, YouTube, Android, Chrome, Google Maps, Google Play and Google Photos.