Google (GOOG) Q1 Better Than Headlines Suggest - Baird

Evercore Partners Reiterates Bullish Thesis on Google (GOOG) Post Q1

April 17, 2014 7:57 AM EDT

Evercore Partners analyst Key Sena reiterated an Overweight rating and $725 price target on Google (NASDAQ: GOOG) following Q1 results which were in-line on a seasonally soft quarter.

Sena comments, "Although Site advertising revenue of $9.6bn (net of TAC) was in-line (-1% q/q and 21% y/y), softer-than-expected Network ad... More

Google (GOOG) Bullish Stance Reiterated at Nomura Post Q1

April 17, 2014 7:46 AM EDT

Nomura Securities analyst Anthony DiClemente reiterated a Buy rating and $700 price target on Google (NASDAQ: GOOG) following Q1 results.

DiClemente comments, "1Q14 results were a hair shy of Street expectations, but relatively in line with our forecasts that stemmed from our recent channel... More

Needham & Company Maintains Bullish Stance on Google (GOOG) Post Q1

April 17, 2014 7:20 AM EDT

Needham & Company analyst Kerry Rice reiterated a Buy rating and $675 price target on Google (NASDAQ: GOOG) following Q1 which was modestly below expectations but solid website growth was a stand out.

Rice commented, "Our view on Google remains positive given the solid... More

Google (GOOG) Q1 a 'Small Bump' - Piper Jaffray

April 17, 2014 7:14 AM EDT

Piper Jaffray analyst Gene Munster reiterated an Overweight rating and price target of $645 on Google (NASDAQ: GOOG) calling Q1 a "small bump in an otherwise clear road."

Munster commented, "Despite a slightly disappointing Q1, we believe Google remains on track to... More

Google (GOOG) Q1 'In-Line', Focus on 'Google Preferred' Strategy - BMO Capital

April 17, 2014 6:53 AM EDT

BMO Capital analyst Dan Salmon reiterated a Market Perform rating and $525 price target on Google (NASDAQ: GOOG) following an in-line Q1.

Salmon comments, "We remain focused on Google's and more specifically YouTube's opportunity to draw in major advertisers' branding budgets as the company continues to move up-funnel and augment its core competency in performance/direct response marketing.... More

Susquehanna Maintains Bullish Stance on Google (GOOGL) (GOOG) Despite Messy Qtr

April 17, 2014 6:30 AM EDT

Susquehanna analyst Brian Nowak reiterated a Positive rating and $700 price target on Google (NASDAQ: GOOGL) following "a messy quarter full of one-timers and FX...but core GOOGL websites dollar growth remains strong."

Nowak commented, "Last night, GOOGL reported 1Q:14 net ad revenue 3% below us, but... More

Google (GOOG) Posts Q1 adj.-EPS of $6.27; CPCs Fell 9%, Paid Clicks Rose 26%

April 16, 2014 4:02 PM EDT

(Updated - April 16, 2014 4:05 PM EDT)

Google, Inc. (NASDAQ: GOOG) reported Q1 EPS of $6.27, $0.17 worse than the analyst estimate of $6.44. Revenue for the quarter came in at $15.4 billion, versus the consensus estimate of $15.51 billion.

Revenues and other information - Google Inc. revenues for the quarter ended March 31, 2014 were $15.42 billion, representing a 19% increase over first quarter of 2013 revenues of $12.95 billion.

Sites Revenues - Our sites generated revenues of $10.47 billion, or 68% of total revenues, in the first quarter of 2014. This represents a 21% increase over first quarter of 2013 sites revenues... More