Alphabet FY2026 EPS Forecast Boosted by Erste Group Bank

Alphabet Inc. (NASDAQ:GOOGL) – Erste Group Bank raised their FY2026 EPS estimates for Alphabet in a report issued on Thursday, June 25th. Erste Group Bank analyst H. Engel now anticipates that the information services provider will post earnings per share of $14.27 for the year, up from their prior forecast of $14.25. The consensus estimate for Alphabet’s current full-year earnings is $14.30 per share.

Alphabet (NASDAQ:GOOGL) last released its quarterly earnings data on Wednesday, April 29th. The information services provider reported $5.11 EPS for the quarter, topping analysts’ consensus estimates of $2.64 by $2.47. Alphabet had a return on equity of 38.99% and a net margin of 37.92%.The business had revenue of $109.90 billion during the quarter, compared to the consensus estimate of $106.98 billion.

A number of other research firms also recently issued reports on GOOGL. BMO Capital Markets increased their target price on shares of Alphabet from $410.00 to $435.00 and gave the stock an “outperform” rating in a research report on Thursday, April 30th. Citigroup reissued an “outperform” rating on shares of Alphabet in a research note on Monday, May 4th. Sanford C. Bernstein reiterated a “market perform” rating and issued a $390.00 price target (up from $345.00) on shares of Alphabet in a report on Thursday, April 30th. Barclays restated a “buy” rating on shares of Alphabet in a research note on Friday, May 29th. Finally, Deutsche Bank Aktiengesellschaft reiterated a “buy” rating on shares of Alphabet in a research note on Tuesday, April 28th. Two investment analysts have rated the stock with a Strong Buy rating, forty-seven have issued a Buy rating and five have assigned a Hold rating to the company’s stock. Based on data from MarketBeat, Alphabet currently has a consensus rating of “Moderate Buy” and a consensus price target of $413.13.

Alphabet Stock Performance

Shares of NASDAQ:GOOGL opened at $353.55 on Tuesday. The business has a 50-day moving average of $369.30 and a two-hundred day moving average of $333.27. The firm has a market capitalization of $4.28 trillion, a PE ratio of 26.97, a P/E/G ratio of 1.44 and a beta of 1.23. The company has a debt-to-equity ratio of 0.16, a current ratio of 1.92 and a quick ratio of 1.92. Alphabet has a 12 month low of $172.77 and a 12 month high of $408.61.

Alphabet Increases Dividend

The firm also recently announced a quarterly dividend, which was paid on Monday, June 15th. Shareholders of record on Monday, June 8th were given a $0.22 dividend. This represents a $0.88 dividend on an annualized basis and a dividend yield of 0.2%. The ex-dividend date of this dividend was Monday, June 8th. This is a positive change from Alphabet’s previous quarterly dividend of $0.21. Alphabet’s dividend payout ratio is currently 6.71%.

Insider Buying and Selling

In other news, Director Frances Arnold sold 102 shares of the stock in a transaction that occurred on Friday, May 29th. The stock was sold at an average price of $381.00, for a total transaction of $38,862.00. Following the completion of the transaction, the director directly owned 18,721 shares in the company, valued at approximately $7,132,701. This represents a 0.54% decrease in their position. The transaction was disclosed in a filing with the SEC, which can be accessed through this hyperlink. Also, CAO Amie Thuener O’toole sold 617 shares of Alphabet stock in a transaction on Wednesday, April 1st. The stock was sold at an average price of $289.63, for a total transaction of $178,701.71. Following the completion of the sale, the chief accounting officer owned 10,093 shares of the company’s stock, valued at approximately $2,923,235.59. This trade represents a 5.76% decrease in their position. The disclosure for this sale is available in the SEC filing. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders sold a total of 151,972 shares of company stock worth $5,016,958 over the last 90 days. 11.61% of the stock is currently owned by corporate insiders.

Institutional Inflows and Outflows

A number of large investors have recently bought and sold shares of GOOGL. Vanguard Group Inc. lifted its position in shares of Alphabet by 2.4% in the 4th quarter. Vanguard Group Inc. now owns 528,969,322 shares of the information services provider’s stock worth $165,567,398,000 after buying an additional 12,531,695 shares during the last quarter. State Street Corp raised its stake in Alphabet by 1.8% during the second quarter. State Street Corp now owns 229,954,269 shares of the information services provider’s stock worth $40,524,841,000 after acquiring an additional 4,008,374 shares during the period. Geode Capital Management LLC raised its stake in Alphabet by 1.9% during the fourth quarter. Geode Capital Management LLC now owns 146,193,037 shares of the information services provider’s stock worth $45,625,595,000 after acquiring an additional 2,666,676 shares during the period. Norges Bank bought a new position in Alphabet in the fourth quarter worth about $30,534,239,000. Finally, Bank of America Corp DE boosted its stake in Alphabet by 4.9% in the fourth quarter. Bank of America Corp DE now owns 69,108,183 shares of the information services provider’s stock valued at $21,630,861,000 after acquiring an additional 3,218,852 shares during the period. Institutional investors own 40.03% of the company’s stock.

More Alphabet News

Here are the key news stories impacting Alphabet this week:

• Positive Sentiment: Alphabet officially joined the Dow Jones Industrial Average, a milestone that boosted demand for the shares and highlighted the company’s growing importance in large-cap technology and AI. Alphabet debuts in Dow Jones Industrial Average as index tilts toward tech
• Positive Sentiment: Several reports noted Alphabet’s shares rose on the Dow debut as index funds and blue-chip buyers adjusted holdings, giving the stock a near-term technical lift. Alphabet shares rise on Dow debut, Verizon falls after index exit
• Positive Sentiment: Alphabet’s Google Cloud business continues to be viewed favorably, with one report highlighting strong demand and a large backlog, suggesting AI infrastructure growth remains a long-term driver. Why Amazon, Alphabet, and Other Tech Stocks Popped Today
• Neutral Sentiment: Google is pushing for changes to UK AI copyright laws, arguing that lighter rules would support the economy and help AI development, but the outcome is uncertain. Google demands changes to AI copyright laws
• Neutral Sentiment: Alphabet disclosed a small insider sale by its chief accounting officer; while routine, these transactions can slightly weigh on sentiment. Alphabet insider transaction disclosure
• Negative Sentiment: Alphabet also faced fresh headlines about AI talent loss to Anthropic and concerns that it is compute-constrained, reinforcing investor worries about competition and near-term AI capacity limits. Google hit by new AI brain drain as Anthropic poaches top Gemini talent

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.