Alphabet Inc. (GOOG) ended the recent trading session at $333.59, demonstrating a +1.57% change from the preceding day's closing price. The stock exceeded the S&P 500, which registered a gain of 0.5% for the day. Elsewhere, the Dow saw an upswing of 0.64%, while the tech-heavy Nasdaq appreciated by 0.43%.
Coming into today, shares of the company had gained 4.28% in the past month. In that same time, the Computer and Technology sector lost 0.15%, while the S&P 500 gained 0.18%.
Market participants will be closely following the financial results of Alphabet Inc. in its upcoming release. The company plans to announce its earnings on February 4, 2026. On that day, Alphabet Inc. is projected to report earnings of $2.58 per share, which would represent year-over-year growth of 20%. Simultaneously, our latest consensus estimate expects the revenue to be $94.69 billion, showing a 16.01% escalation compared to the year-ago quarter.
Looking at the full year, the Zacks Consensus Estimates suggest analysts are expecting earnings of $10.57 per share and revenue of $340.35 billion. These totals would mark changes of +31.47% and 0%, respectively, from last year.
Investors might also notice recent changes to analyst estimates for Alphabet Inc. These recent revisions tend to reflect the evolving nature of short-term business trends. Hence, positive alterations in estimates signify analyst optimism regarding the business and profitability.
Our research reveals that these estimate alterations are directly linked with the stock price performance in the near future. To exploit this, we've formed the Zacks Rank, a quantitative model that includes these estimate changes and presents a viable rating system.
The Zacks Rank system ranges from #1 (Strong Buy) to #5 (Strong Sell). It has a remarkable, outside-audited track record of success, with #1 stocks delivering an average annual return of +25% since 1988. Over the past month, the Zacks Consensus EPS estimate has shifted 0.02% upward. Alphabet Inc. currently has a Zacks Rank of #3 (Hold).
Investors should also note Alphabet Inc.'s current valuation metrics, including its Forward P/E ratio of 29.74. This represents a premium compared to its industry average Forward P/E of 17.43.
We can also see that GOOG currently has a PEG ratio of 1.81. This metric is used similarly to the famous P/E ratio, but the PEG ratio also takes into account the stock's expected earnings growth rate. The Internet - Services industry had an average PEG ratio of 1.79 as trading concluded yesterday.
The Internet - Services industry is part of the Computer and Technology sector. This group has a Zacks Industry Rank of 95, putting it in the top 39% of all 250+ industries.
The Zacks Industry Rank gauges the strength of our industry groups by measuring the average Zacks Rank of the individual stocks within the groups. Our research shows that the top 50% rated industries outperform the bottom half by a factor of 2 to 1.
Be sure to use Zacks.com to monitor all these stock-influencing metrics, and more, throughout the forthcoming trading sessions.
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Alphabet Inc. (GOOG): Free Stock Analysis ReportThis article originally published on Zacks Investment Research (zacks.com).
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