Analysts expect Alphabet's Q1 earnings to increase 6.9%, but concerns over spending and competition persist.
From Nasdaq: 2025-04-10 14:32:00
Alphabet Inc. (GOOGL) is a global tech leader with a market cap of $1.9 trillion, offering diverse services like cloud computing and autonomous vehicles. Analysts expect Q1 2025 earnings to be $2.02 per share, a 6.9% increase from last year. For fiscal 2025, EPS is projected to be $8.89, up 10.6% from fiscal 2024.
Despite a 1.4% rise in the past year, Alphabet shares have underperformed the S&P 500 and XLC. Following Q4 2024 earnings, shares dropped 7.3% due to lower-than-expected Google Cloud revenue and concerns over aggressive capital expenditure. Analysts maintain a bullish outlook on Alphabet stock, with a majority rating it as a “Strong Buy.”
Despite a “Strong Buy” rating from analysts, Alphabet stock is currently trading below the average price target of $214.70. The company’s heavy spending and competitive threats from China’s DeepSeek have raised concerns among investors. Please note that the author of this article does not hold any positions in Alphabet stock.
Read more at Nasdaq: Alphabet’s Quarterly Earnings Preview: What You Need to Know
