Analysts Offer Predictions for Alphabet FY2027 Earnings

Alphabet Inc. (NASDAQ:GOOG) – Equities research analysts at Erste Group Bank raised their FY2027 earnings per share (EPS) estimates for Alphabet in a report issued on Wednesday, August 5th. Erste Group Bank analyst H. Engel now forecasts that the information services provider will earn $14.88 per share for the year, up from their previous forecast of $14.74. The consensus estimate for Alphabet’s current full-year earnings is $20.51 per share.

Several other research firms also recently issued reports on GOOG. Barclays reiterated an “overweight” rating and set a $425.00 price objective (up from $405.00) on shares of Alphabet in a research note on Thursday, July 23rd. Pivotal Research lifted their target price on shares of Alphabet from $470.00 to $475.00 and gave the company a “buy” rating in a report on Thursday, July 23rd. JPMorgan Chase & Co. decreased their price target on shares of Alphabet from $460.00 to $420.00 and set an “overweight” rating for the company in a research report on Thursday, July 23rd. Wells Fargo & Company lowered their price target on Alphabet from $418.00 to $411.00 and set an “overweight” rating for the company in a report on Thursday, July 23rd. Finally, Piper Sandler reissued an “overweight” rating and issued a $395.00 price objective (down from $445.00) on shares of Alphabet in a research report on Thursday, July 23rd. Six investment analysts have rated the stock with a Strong Buy rating, twenty-nine have given a Buy rating and four have given a Hold rating to the stock. According to data from MarketBeat, the stock currently has an average rating of “Buy” and an average price target of $410.09.

Alphabet Stock Down 3.6%

GOOG opened at $343.00 on Monday. Alphabet has a 1 year low of $197.46 and a 1 year high of $404.47. The firm has a 50 day moving average price of $353.30 and a 200 day moving average price of $339.36. The company has a debt-to-equity ratio of 0.16, a quick ratio of 2.64 and a current ratio of 2.72. The company has a market cap of $4.19 trillion, a PE ratio of 17.23, a price-to-earnings-growth ratio of 1.00 and a beta of 1.23.

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

Institutional Trading of Alphabet

Large investors have recently modified their holdings of the business. Auto Owners Insurance Co increased its holdings in Alphabet by 38,409.2% in the fourth quarter. Auto Owners Insurance Co now owns 179,836,276 shares of the information services provider’s stock valued at $5,643,262,000 after buying an additional 179,369,280 shares during the last quarter. J. Stern & Co. LLP lifted its holdings in Alphabet by 28,482.8% during the 4th quarter. J. Stern & Co. LLP now owns 112,091,870 shares of the information services provider’s stock worth $35,174,429,000 after buying an additional 111,699,704 shares during the last quarter. Norges Bank bought a new position in Alphabet during the 4th quarter worth approximately $18,093,665,000. Cardano Risk Management B.V. grew its position in shares of Alphabet by 850.3% in the 4th quarter. Cardano Risk Management B.V. now owns 17,692,600 shares of the information services provider’s stock worth $5,551,938,000 after acquiring an additional 15,830,754 shares in the last quarter. Finally, Vanguard Group Inc. grew its position in shares of Alphabet by 2.0% in the 4th quarter. Vanguard Group Inc. now owns 421,013,782 shares of the information services provider’s stock worth $132,114,125,000 after acquiring an additional 8,128,234 shares in the last quarter. 27.26% of the stock is currently owned by institutional investors and hedge funds.

Insider Activity

In related news, insider John Kent Walker sold 8,998 shares of Alphabet stock in a transaction on Monday, June 29th. The shares were sold at an average price of $349.29, for a total transaction of $3,142,911.42. Following the sale, the insider owned 75,290 shares of the company’s stock, valued at $26,298,044.10. The trade was a 10.68% decrease in their position. The transaction was disclosed in a filing with the SEC, which is accessible through the SEC website. Also, Director John L. Hennessy sold 1,050 shares of the business’s stock in a transaction 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 completion of the transaction, the director owned 1,481 shares in the company, valued at $545,941.03. This represents a 41.49% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Over the last three months, insiders sold 600,547 shares of company stock worth $16,255,540. 12.99% of the stock is currently owned by company insiders.

Alphabet Dividend Announcement

The company 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. This represents a $0.88 dividend on an annualized basis and a dividend yield of 0.3%. The ex-dividend date of this dividend is Friday, September 4th. Alphabet’s payout ratio is presently 4.42%.

Key Stories Impacting Alphabet

Here are the key news stories impacting Alphabet this week:

• Positive Sentiment: Google’s Gemini app surpassed 1 billion monthly active users, marking the 14th Google product to reach that milestone. The figure supports Alphabet’s argument that its AI products are gaining meaningful consumer traction. Google’s Gemini app surges to one billion users
• Positive Sentiment: Ryanair agreed to a five-year Google Cloud partnership covering Gemini and DeepMind models, including crew scheduling and operational decisions. The deal offers another example of enterprise demand for Google Cloud’s AI capabilities. Ryanair signs five-year Google Cloud deal
• Positive Sentiment: Several analysts remain bullish, with reported buy or equivalent ratings and a median GOOGL price target of $422.50. Recent institutional filings also showed purchases by Vanguard Personalized Indexing, BlackRock, State Street and Berkshire Hathaway, although the filings reflect earlier reporting periods.
• Neutral Sentiment: Alphabet will meet White House officials alongside Meta, Anthropic and OpenAI to discuss voluntary safety testing for advanced AI models. Cooperation could improve industry credibility, but the meeting highlights increasing scrutiny of AI risks. Alphabet, Meta and AI safety discussions
• Negative Sentiment: The main pressure appears to be concern over Alphabet’s elevated AI infrastructure spending—reported capital-expenditure guidance of roughly $195 billion to $205 billion for 2026—and its effect on margins, free cash flow and investment returns. A broader decline in large-cap technology stocks added to the selling.
• Negative Sentiment: French news organizations asked regulators to intervene over Google’s AI-generated search summaries, arguing that they reduce traffic to publishers. Alphabet also faces thousands of social-media addiction lawsuits and broader concerns about AI safety and misinformation. French media asks watchdog to act on Google’s AI

About Alphabet

Alphabet Inc (NASDAQ: GOOG) is a multinational technology holding company headquartered in Mountain View, California. Formed in 2015 through a corporate restructuring of Google, Alphabet serves as the parent to Google LLC and a portfolio of businesses collectively known as “Other Bets.” Google was originally founded in 1998 by Larry Page and Sergey Brin; Alphabet is led by CEO Sundar Pichai, who oversees Google and the broader company while the founders remain prominent shareholders and influential figures in the company’s history.

Alphabet’s core business centers on internet search and advertising, with Google Search and the company’s ad platforms (including Google Ads and AdSense) generating the majority of revenue by connecting advertisers with consumers worldwide.