Alphabet Inc (GOOG)

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Alphabet (GOOGL) Forecasted to Post Q1 2021 Earnings of $13.33 Per Share
By: MarketBeat | April 16, 2021

• Alphabet Inc. (NASDAQ:GOOGL) - Equities research analysts at Wedbush issued their Q1 2021 EPS estimates for Alphabet in a research note issued to investors on Tuesday, April 13th. Wedbush analyst Y. Arounian anticipates that the information services provider will post earnings per share of $13.33 for the quarter. Wedbush has a "Outperform" rating and a $2,953.00 price target on the stock. Wedbush also issued estimates for Alphabet's Q2 2021 earnings at $14.28 EPS, Q3 2021 earnings at $16.83 EPS, Q4 2021 earnings at $21.64 EPS, FY2021 earnings at $66.08 EPS, Q1 2022 earnings at $16.25 EPS, Q2 2022 earnings at $16.78 EPS, Q3 2022 earnings at $20.25 EPS, Q4 2022 earnings at $27.85 EPS, FY2022 earnings at $81.14 EPS and FY2023 earnings at $96.35 EPS.

Several other equities analysts have also recently weighed in on the company. MKM Partners reiterated a "buy" rating and set a $2,200.00 price objective (up previously from $1,950.00) on shares of Alphabet in a report on Wednesday, February 3rd. Stifel Nicolaus raised Alphabet from a "hold" rating to a "buy" rating and increased their price target for the company from $2,025.00 to $2,350.00 in a research note on Monday, March 29th. Argus upped their target price on Alphabet from $2,400.00 to $2,500.00 and gave the company a "buy" rating in a research report on Thursday. Moffett Nathanson increased their price target on Alphabet from $1,900.00 to $2,100.00 in a research report on Friday, January 15th. Finally, Truist lifted their price target on Alphabet from $2,000.00 to $2,100.00 in a research note on Monday, February 1st. One investment analyst has rated the stock with a hold rating and forty-one have issued a buy rating to the company. Alphabet presently has an average rating of "Buy" and an average price target of $2,151.57.

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