Top Analyst Reports for Alphabet, Apple & Thermo Fisher

Tuesday, February 3, 2026

The Zacks Research Daily presents the best research output of our analyst team. Today's Research Daily features new research reports on 16 major stocks, including Alphabet Inc. (GOOGL), Apple Inc. (AAPL) and Thermo Fisher Scientific Inc. (TMO), as well as a micro-cap stock New England Realty Associates Limited Partnership (NEN). The Zacks microcap research is unique as our research content on these small and under-the-radar companies is the only research of its type in the country.

These research reports have been hand-picked from the roughly 70 reports published by our analyst team today.

You can see all of today’s research reports here >>>

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The daily 'Ahead of Wall Street' article is a must-read for all investors who would like to be ready for that day's trading action. The article comes out before the market opens, attempting to make sense of that morning's economic releases and how they will affect that day's market action. You can read this article for free on our home page and can actually sign up there to get an email notification as this article comes out each morning.

You can read today's AWS here >>> Q4 Earnings, JOLTS & a Changing of the Disney Guard

Today's Featured Research Reports

Alphabet’s shares have outperformed the Zacks Internet - Services industry over the past six months (+76% vs. +67.2%). The company is benefiting from accelerated growth across AI infrastructure, Google Cloud and Search. Google Cloud ended the third quarter of 2025 with $155 billion in backlog, up 46% sequentially. 

The number of new Google Cloud Platform customers increased by roughly 34% year over year, and 70% of Google Cloud customers now use Alphabet’s AI products. In third-quarter 2025, revenues from products built on Alphabet’s generative AI models (Gemini, Imagen, Veo, Chirp and Lyria) grew more than 200% year-over-year, reflecting accelerating adoption. 

Search is benefiting from AI Overviews and AI Mode that has driven growth in overall queries. YouTube is benefiting from the growing demand for shorts. However, stiff competition in cloud computing has been concerning. 

(You can read the full research report on Alphabet here >>>)

Shares of Apple have outperformed the Zacks Computer - Micro Computers industry over the past six months (+33.3% vs. +31.5%). The company is benefiting from strong growth in iPhone and Services revenues. AAPL continues to gain momentum in emerging markets: India and Greater China reported strong fiscal first quarter growth, driven by iPhone sales. 

Apple now has more than 1 billion paid subscribers across its Services portfolio and 2.5 billion active devices. Expanding capabilities of AI Intelligence is noteworthy. Apple expects the March quarter’s net sales to grow between 13% and 16% on a year-over-year basis despite constrained iPhone supplies. Services are expected to grow at the rate of fourth quarter fiscal 2025. 

However, gross margin is expected to be 48-49% in the second quarter of fiscal 2026. Increasing regulatory headwinds and stiff competition are major concerns for the iPhone-maker. 

(You can read the full research report on Apple here >>>)

Thermo Fisher’s shares have outperformed the Zacks Medical - Instruments industry over the past six months (+25.4% vs. +2.1%). The company continues to strengthen its foundation by consistently advancing its growth strategy. Its latest round of innovations supports scientific breakthroughs, advances precision medicine and greater lab productivity for customers. 

Thermo Fisher’s Bioproduction arm remains a key driver with new facilities and product lines. Strategic acquisitions further enhance its offerings. Per the Zacks Consensus Estimate, TMO’s sales may grow 4.6% and 5.1% in 2026 and 2027, respectively, year over year. 

Meanwhile, robust solvency further instills optimism about the stock. However, a volatile macroeconomic environment can dent its operations. Currency woes and fierce competitive pressure add to the worry.

(You can read the full research report on Thermo Fisher here >>>)

Shares of New England Realty have underperformed the Zacks Real Estate - Operations industry over the past six months (-6.2% vs. +6.7%). This microcap company with a market capitalization of $180.24 million is facing rising leverage ($511.2 million), net income compression and softening new lease rates introduce caution. A liquidity covenant breach and floating-rate debt add refinancing risk. 

Nevertheless, NERA is capitalizing on favorable urbanization and housing supply-demand imbalances in Eastern Massachusetts and Southern New Hampshire, expanding assets by 25% YTD. The Hill Estates acquisition and Mill Street development align with strong demographic and affordability trends. 

Rental income rose 9.1% to $65 million, supported by resilient renewal pricing (+5.7%) and high occupancy. Long-term demand fundamentals, including Boston’s robust job market and limited new housing starts, enhance rental pricing power and asset appreciation. Strategic use of Chapter 40B programs provides financing advantages.

(You can read the full research report on New England Realty here >>>)

Other noteworthy reports we are featuring today include The Boeing Co. (BA), Western Digital Corp. (WDC) and Nasdaq, Inc. (NDAQ).

Mark Vickery
Senior Editor

Note: Sheraz Mian heads the Zacks Equity Research department and is a well-regarded expert of aggregate earnings. He is frequently quoted in the print and electronic media and publishes the weekly Earnings Trends and Earnings Preview reports. If you want an email notification each time Sheraz publishes a new article, please click here>>>

Today's Must Read

Alphabet's (GOOGL) Prospects Rides on Cloud and Search Initiatives

Strong iPhone 17 and Services Growth to Aid Apple's (AAPL) Prospects

Thermo Fisher (TMO) Advances in Bioproduction, End Market Up

Featured Reports

Increasing Defense Orders Drive Boeing (BA), Amid Labor Shortage
Per the Zacks analyst, Boeing is likely to benefit from increasing orders from the U.S. government for its defense systems. Yet labor shortage result in delays and likely impact operating results.

Western Digital (WDC) Poised for Growth on AI Storage and HDD Demand
Per the Zacks analyst, Western Digital's performance is being driven by higher demand for cloud end market and Agentic AI. It has formulated strategies to tackle macro and geopolitical woes.

Accelerating Non-Trading Revenue Base Aids Nasdaq (NDAQ)
Per the Zacks analyst, Nasdaq is set to grow on its focus toward Market Technology and Information Services businesses. However, increasing expenses weighing on margin expansion is likely a concern.

Las Vegas Sands (LVS) Bets on Strategic Efforts, High Competition Ail
Per the Zacks analyst, Las Vegas Sands' focus on property reinvestments, shareholder returns and strong Marina Bay Sands performance bode well. Yet competitive market dynamics and high costs ail.

Repligen's (RGEN) Product Portfolio Aids Sales Amid Stiff Rivalry
Per the Zacks analyst, Repligen's product franchisees are generating significant revenues owing to continued demand. Stiff competition in the bioprocessing products market remains an overhang.

Group 1 Automotive (GPI) Expansion Helps, Margins Under Pressure
Per the Zacks analyst, Group 1 Automotive benefits from expansion through dealership acquisitions, but rising vehicle prices and margin pressure continue to restrain demand.

Rising Bill Rates and Improving FCF Aid Robert Half (RHI)
Per the Zacks analyst, rising contract talent solutions bill rates show Robert Half's pivot towards high-demand non-discretionary roles. Rising free cash flow (FCF) reflects operational strength.

New Upgrades

Kimberly-Clark (KMB) Benefits from Solid Organic Sales
Per the Zacks analyst, Kimberly-Clark has been benefiting from improved volume-and-mix trends. Volume-plus-mix contributed 3% to organic sales growth in fourth-quarter 2025.

Business Expansion Efforts, Loan Growth to Aid Hancock Whitney (HWC)
Per the Zacks analyst, Hancock Whitney's investments in growth and new markets along with robust loan growth will aid the top line. Its efficient capital distributions reflect a solid balance sheet.

Business Expansion and Solid Liquidity Position Aid TCBI
Per the Zacks analyst, Texas Capital's expansion across corporate banking, healthcare lending and investment banking drives growth. A strong liquidity level aids its capital distribution activities.

New Downgrades

Ovintiv (OVV) Faces Financial Pressure from High Capex Levels
The Zacks analyst believes that Ovintiv's high capex needs are limiting free cash flow, increasing vulnerability to inflation and operational inefficiencies, which could hurt future growth.

Tractor Supply (TSCO) Hurt By Higher Costs and Soft Discretionary Item
Per the Zacks analyst, Tractor Supply is grappling with higher expenses for a while. The company's certain discretionary product lines have been experiencing soft demand and hurting sales.

Low Subscribers, Residential Video Sales Hurts Charter (CHTR)
Per the Zacks analyst, decline in total residential and SMB Internet customers and decline in video customers hurts top-line growth despite strength in advertising sales revenues.

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This article originally published on Zacks Investment Research (zacks.com).

Zacks Investment Research