Alphabet Inc.

NASDAQ Global Select
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Bullish +72

FY2026 EPS Estimates for Alphabet Increased by Analyst

📈 Erste Group Bank raised its FY2026 EPS forecast for Alphabet to $20.50, matching the current consensus estimate.

📊 Goldman Sachs reissued a 'buy' rating with a $450 price target, while Scotiabank increased its target from $400 to $450.

📉 JPMorgan Chase cut its price target from $460 to $420 and Oppenheimer lowered its objective to $400.

💰 Alphabet reported Q2 earnings of $9.11 per share, significantly beating the consensus estimate of $2.87.

📈 Revenue reached $119.80 billion for the quarter, representing a 24.2% year-over-year increase.

🏆 The company achieved a net margin of 54.77% and a return on equity of 51.32%.

📉 Major shareholder 2019 Gp L.L.C. Gv sold approximately $3.8 million in shares recently.

💸 Insiders sold over $16 million worth of stock over the last three months.

💵 Alphabet declared a quarterly dividend of $0.22 per share with an ex-dividend date of September 4th.

📉 The current consensus price target across analysts stands at $410.09.

Bullish Signals
  • Erste Group Bank increased its FY2026 EPS estimate to $20.50, aligning with the strong market consensus of $20.51.
  • Goldman Sachs reissued a 'buy' rating and set a high price objective of $450.00 on Alphabet shares.
  • Scotiabank reiterated an 'outperform' rating and raised its price target from $400.00 to $450.00.
  • Alphabet's quarterly earnings of $9.11 per share vastly exceeded the analyst consensus estimate of $2.87.
  • Revenue for the quarter reached $119.80 billion, surpassing expectations of $116.53 billion.
  • The company demonstrated exceptional profitability with a net margin of 54.77% and a return on equity of 51.32%.
  • Quarterly revenue grew by 24.2% year-over-year, indicating strong demand for core search and advertising services.
  • Institutional investors maintain significant confidence, with hedge funds owning 27.26% of the company's stock.
Risk Factors
  • JPMorgan Chase reduced its price target from $460.00 to $420.00 while maintaining an 'overweight' rating.
  • Oppenheimer lowered its price objective from $445.00 to $400.00 despite reaffirming an 'outperform' rating.
  • Major shareholder 2019 Gp L.L.C. Gv sold 196,931 shares worth approximately $3.8 million in a recent transaction.
  • Insiders collectively sold over $16 million worth of stock during the last three months.
  • Director John L. Hennessy reduced his position by 41.49% following the sale of 1,050 shares.
Full Analysis
Equities researchers at Erste Group Bank have lifted their full-year 2026 earnings estimates for Alphabet Inc., now forecasting $20.50 per share, which aligns closely with the current market consensus of $20.51. This update follows a series of recent analyst actions, including Goldman Sachs reissuing a 'buy' rating with a $450 price target and Scotiabank raising its target to $450, though JPMorgan Chase and Oppenheimer have recently lowered their respective price targets. Alphabet reported strong financial results for the quarter ended July 22nd, delivering $9.11 in earnings per share against a consensus estimate of $2.87 and generating revenue of $119.80 billion versus an expected $116.53 billion. The company achieved a net margin of 54.77% and a return on equity of 51.32%, with quarterly revenue surging 24.2% year-over-year, demonstrating robust growth in its core internet search and advertising segments. Institutional ownership remains significant with hedge funds holding 27.26% of the stock, while insider selling activity totaled over $16 million in the last three months led by major shareholder 2019 Gp L.L.C. Gv. The company also announced a quarterly dividend of $0.22 per share payable on September 14th to shareholders of record on September 7th, reflecting a low payout ratio of 4.42%.