Magnificent Seven's Best And Worst 2025 Performers Report Earnings This Week: What To Expect For Alphabet, Amazon Stocks

Two of the seven stocks that make up the well-known Magnificent Seven basket of top technology stocks report earnings this week. The reports come after four of the seven Magnificent Seven stocks reported quarterly results last week.

The reports will be closely monitored by investors and analysts and could put market indexes and top ETFs in the spotlight once again.

Magnificent Seven Stocks on Watch

During the upcoming week, Alphabet Inc (NASDAQ:GOOG)(NASDAQ:GOOGL) and Amazon.com Inc (NASDAQ:AMANZ) will both report quarterly results. Alphabet's results come on Wednesday after market close, with Amazon reporting a day later.

Alphabet was the top-performing stock in the Magnificent Seven in 2025, gaining 65.2%. Amazon was the worst-performing of the seven stocks in 2025, with a 4.8% gain.

In the Roundhill Magnificent Seven ETF (BATS:MAGS), Alphabet is the second largest holding at 15.34%, while Amazon ranks third at 14.73%.

In the SPDR S&P 500 ETF Trust (NYSE:SPY), Amazon ranks fourth at 3.93%. Alphabet ranks both fifth and sixth for Class A shares (GOOGL) at 3.32% and Class C shares (GOOG) at 2.65%, respectively. Together, the two share types make up 5.97% of assets and would rank third.

Amazon is also one of the Magnificent Seven stocks in the Dow Jones Industrial Average. The stock makes up 3.0% of the SPDR Dow Jones Industrial Average ETF (NYSE:DIA), ranking 15^th.

The reports from Amazon and Alphabet come after investors got quarterly results from Meta Platforms (NASDAQ:META), Microsoft Corporation (NASDAQ:MSFT), Apple Inc (NASDAQ:AAPL) and Tesla Inc (NASDAQ:TSLA) last week. NVIDIA Corporation (NASDAQ:NVDA) reports quarterly results on Feb. 25.

Alphabet Q4 Earnings

Analysts expect Alphabet to report earnings per share of $2.62 and revenue of $104.75 billion, versus $2.15 and $96.47 billion in last year's fourth quarter, according to data from Benzinga Pro.

The company has beaten analyst estimates for earnings per share in 11 straight quarters. The company has beaten analyst estimates for revenue in nine of the last 10 quarters, including in three straight quarters.

Analysts have been mostly raising their price targets on Alphabet stock ahead of the report.

Freedom Capital Markets Chief Market Strategist Jay Woods said Alphabet's report is coming with the company's Gemini AI gaining traction.

"Alphabet has been the most magnificent of all the Mag 7 over the past year," Woods said in a weekly newsletter.

With shares closing at all-time weekly highs last week, Woods said the bar is high for the stock. Alphabet shares have traded higher after the last three earnings reports according to Woods.

Goldman Sachs analyst Eric Sheridan maintained a Buy rating and $375 price target on Alphabet ahead of earnings. The analyst highlighted the company's Genie 3 in a recent investor note.

Sheridan said there could be monetization opportunities for Alphabet for existing games and future games based on Genie 3. While further testing is needed, the analyst said this could increase monetization potential for Alphabet's AI platforms.

Amazon Q4 Earnings

Analysts expect Amazon to report fourth-quarter earnings per share of $1.96 and revenue of $211.33 billion versus $1.86 and $187.79 billion in last year's fourth quarter according to data from Benzinga Pro.

The company has beaten analyst estimates for earnings per share in 12 straight quarters. The company has beaten analyst estimates for revenue in nine of the last 10 quarters, including in five straight quarters.

Analysts have been mostly increasing price targets for Amazon stock ahead of the earnings report.

Woods said Amazon broke a "three-quarter losing streak" after its last earnings report. With shares trading flat over the last year, Woods said Amazon could be nearing a "major technical breakout."

After posting the lowest gain of the Magnificent Seven stocks in 2025, investors could have higher expectations for Amazon in 2026.

Last Week's Magnificent Seven Earnings

The four companies that reported earnings last week all posted double beats with earnings per share and revenue beating analyst estimates for the quarter. While all the companies beat expectations, the stocks traded differently.

• META: closed at $668.73 before earnings, next day opened at $737.43 and closed at $738.31
• MSFT: closed at $481.63 before earnings, next day opened at $439.89 and closed at $433.50
• AAPL: closed at $258.28 before earnings, next day opened at $255.17 and closed at $259.48
• TSLA: closed at $431.46 before earnings, next day opened at $437.80 and closed at $416.56

Of the four stocks that reported last week, Meta Platforms was the big winner with shares surging the next day. Microsoft saw shares trade lower the next day after earnings. Apple shares closed slightly higher the next day, while Tesla stock started the next day trading higher before posting a drop in share price a day after earnings.

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