Alphabet (NASDAQ:GOOGL) Issues Quarterly Earnings Results

Alphabet (NASDAQ:GOOGL) released its quarterly earnings results on Wednesday. The information services provider reported $9.11 earnings per share for the quarter, beating the consensus estimate of $2.89 by $6.22, Zacks reports. The business had revenue of $119.80 billion during the quarter, compared to analysts’ expectations of $117.07 billion. Alphabet had a return on equity of 57.20% and a net margin of 54.77%.

Alphabet Stock Performance

Shares of NASDAQ:GOOGL opened at $317.69 on Friday. The company has a debt-to-equity ratio of 0.16, a quick ratio of 1.92 and a current ratio of 1.92. The firm’s 50 day simple moving average is $364.48 and its 200-day simple moving average is $338.88. The firm has a market cap of $3.85 trillion, a PE ratio of 15.96, a price-to-earnings-growth ratio of 1.41 and a beta of 1.24. Alphabet has a one year low of $187.82 and a one year high of $408.61.

Alphabet Announces Dividend

The business also recently announced a quarterly dividend, which will be paid on Monday, September 14th. Stockholders of record on Monday, September 7th will be given a dividend of $0.22 per share. The ex-dividend date of this dividend is Friday, September 4th. This represents a $0.88 dividend on an annualized basis and a dividend yield of 0.3%. Alphabet’s dividend payout ratio (DPR) is 6.71%.

More Alphabet News

Here are the key news stories impacting Alphabet this week:

• Positive Sentiment: Alphabet beat Q2 earnings and revenue estimates, led by strong Google Cloud growth and record YouTube ad sales, showing that core businesses are still expanding. Alphabet (GOOGL) Beats Q2 Earnings and Revenue Estimates
• Positive Sentiment: Google Cloud revenue surged as AI demand remained strong, suggesting Alphabet’s AI investments are driving real enterprise adoption. Google Cloud CEO Kurian says customers are spending 50% more as segment blows away expectations
• Positive Sentiment: Citizens JMP reaffirmed a market-outperform rating on Alphabet, signaling that some analysts still see meaningful upside. Citizens Jmp Reaffirms Market Outperform Rating for Alphabet
• Positive Sentiment: Alphabet disclosed a large SpaceX equity stake, highlighting the value of its investment portfolio. Google Discloses $94.1 Billion in SpaceX Stock, Marking 6% Stake
• Neutral Sentiment: Alphabet is also getting attention for product and platform updates, including a new selfie-video login option and easier iPhone-to-Android migration, which are helpful but not immediate stock drivers. Google will now let you sign in to your account with a selfie video
• Negative Sentiment: Investors are selling Alphabet because the company lifted its AI capital spending outlook and reported negative free cash flow, raising doubts about near-term returns on the AI push. Alphabet earnings takeaways: Q2 revenue beats, GOOGL stock sinks on 2026 capex hike
• Negative Sentiment: Alphabet also faces a fresh €890 million EU antitrust fine, adding regulatory risk and potential financial drag. Google hit with $1 billion EU fine, first under landmark rules

Insiders Place Their Bets

In other news, Director Frances Arnold sold 112 shares of Alphabet stock in a transaction that occurred on Tuesday, June 30th. The shares were sold at an average price of $351.28, for a total value of $39,343.36. Following the transaction, the director owned 18,833 shares of the company’s stock, valued at $6,615,656.24. The trade was a 0.59% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this link. Also, Director John L. Hennessy sold 1,050 shares of the business’s stock in a transaction that occurred on Monday, June 15th. The stock was sold at an average price of $368.63, for a total transaction of $387,061.50. Following the transaction, the director owned 1,481 shares of the company’s stock, valued at approximately $545,941.03. This trade represents a 41.49% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. In the last 90 days, insiders have sold 159,415 shares of company stock worth $7,672,279. 11.61% of the stock is owned by corporate insiders.

Institutional Investors Weigh In On Alphabet

A number of hedge funds and other institutional investors have recently added to or reduced their stakes in the business. State Street Corp grew its holdings in shares of Alphabet by 1.8% during the second quarter. State Street Corp now owns 229,954,269 shares of the information services provider’s stock valued at $40,524,841,000 after buying an additional 4,008,374 shares during the last quarter. Geode Capital Management LLC grew its stake in Alphabet by 1.9% during the 4th quarter. Geode Capital Management LLC now owns 146,193,037 shares of the information services provider’s stock valued at $45,625,595,000 after purchasing an additional 2,666,676 shares during the last quarter. Norges Bank acquired a new position in shares of Alphabet in the fourth quarter valued at about $30,534,239,000. Bank of America Corp DE lifted its holdings in shares of Alphabet by 4.9% during the fourth quarter. Bank of America Corp DE now owns 69,108,183 shares of the information services provider’s stock worth $21,630,861,000 after purchasing an additional 3,218,852 shares during the period. Finally, Capital World Investors lifted its holdings in shares of Alphabet by 1.5% during the fourth quarter. Capital World Investors now owns 53,881,908 shares of the information services provider’s stock worth $16,865,158,000 after purchasing an additional 774,336 shares during the period. 40.03% of the stock is currently owned by hedge funds and other institutional investors.

Analysts Set New Price Targets

Several equities research analysts have weighed in on the company. Dbs Bank boosted their price objective on Alphabet from $400.00 to $460.00 in a research note on Thursday, May 7th. Pivotal Research reiterated a “buy” rating and issued a $475.00 target price (up from $470.00) on shares of Alphabet in a report on Thursday. JPMorgan Chase & Co. reissued a “buy” rating on shares of Alphabet in a research report on Monday, May 4th. Wells Fargo & Company set a $411.00 price target on Alphabet and gave the company an “overweight” rating in a report on Thursday. Finally, Roth Capital restated a “buy” rating and issued a $440.00 target price (up from $435.00) on shares of Alphabet in a report on Thursday. Three investment analysts have rated the stock with a Strong Buy rating, forty-six have given a Buy rating and five have assigned a Hold rating to the company. According to data from MarketBeat.com, the company has an average rating of “Moderate Buy” and an average target price of $419.86.

About Alphabet

Alphabet Inc is the holding company created in 2015 to organize Google and a portfolio of businesses developing technologies beyond Google’s core internet services. Its principal operations are led by Google, which builds and operates consumer-facing products such as Google Search, YouTube, Android, Chrome, Gmail, Google Maps and Google Workspace, as well as advertising platforms (Google Ads and AdSense) that historically generate the majority of its revenue. Google also develops consumer hardware (Pixel phones, Nest smart-home devices, Chromecast) and developer and distribution platforms such as Google Play.

Beyond Google’s consumer and advertising businesses, Alphabet invests in enterprise and infrastructure offerings through Google Cloud, which provides cloud computing, data analytics and productivity services to businesses and institutions.