Alphabet (GOOGL) Stock Update: Price, Earnings, and What It All Means

What Happened in the Latest Trading Session

Imagine the stock market is like a big report card for companies. In the most recent trading day (when people buy and sell stocks), here is what happened to Alphabet, the company behind Google:

• Alphabet’s stock (ticker symbol: GOOGL) closed at $352.51.
• That was 1.31% lower than the day before (so it went down a bit).
• The S&P 500 (a list of 500 big U.S. companies) also went down, by 0.79%. Alphabet did a little worse than that.
• The Dow Jones (another group of big companies) dropped 0.26%.
• The Nasdaq (full of tech companies) fell 1.55% — even more than Alphabet.

How Alphabet Did Over the Past Month

Over the last month, Alphabet’s stock slipped by 0.7%.

• The Computer and Technology group actually went up 3.44%.
• The S&P 500 went up 4.28%.
• So Alphabet lagged behind (did worse than) both of those.

What to Watch in the Next Earnings Report

Companies tell us how much money they made in reports called “earnings.” Investors (people who own or want to own stock) are watching Alphabet closely.

• Alphabet will share its next earnings on July 22, 2026.
• They are expected to report:
  • Earnings per share (EPS) of $2.86 — that’s like profit per tiny slice of the company, up 23.81% from the same quarter last year.
  • Revenue (total money made) of about $101.22 billion, up 23.86% from last year’s same quarter.

Important Point: “EPS” means how much profit the company made divided by all its stock shares. “Revenue” is just the total money the company brought in.

Full-Year Predictions

For the whole year, experts grouped by Zacks think Alphabet will hit:

• $14.32 earnings per share, which is +32.47% from last year.
• $423.63 billion in revenue, which is +23.54% from last year.

Why Analyst Estimate Changes Matter

Sometimes experts change their guesses about how a company will do.

• Recent changes usually show short-term business trends.
• If experts guess higher (positive revisions), it often means they feel good about the company’s future.

The Zacks Rank System

Zacks made a rating tool using those estimate changes.

• It goes from #1 (Strong Buy) to #5 (Strong Sell).
• Stocks rated #1 have averaged +25% per year since 1988 (checked by outside audits).
• In the last 30 days, the EPS guess for Alphabet moved 0.14% higher.
• Alphabet currently has a Zacks Rank of #2 (Buy).

Important Point: A “Buy” rank means experts feel pretty optimistic about the stock right now.

Is the Stock Expensive? (Valuation)

We can check if a stock is cheap or pricey using ratios.

• Forward P/E ratio = stock price compared to expected profit. Alphabet is at 24.94.
  • Its industry average is 17.4, so Alphabet costs more per expected profit (a premium).
• PEG ratio = like P/E but also counts expected growth. Alphabet is at 1.53.
  • The Internet – Services industry average PEG was 1.66, so Alphabet looks a bit cheaper on this measure.

Where the Industry Stands

Alphabet is in the Internet – Services industry, which is inside the Computer and Technology sector.

• That industry has a Zacks Industry Rank of 104.
• That puts it in the top 43% of more than 250 industries.

Summary

Alphabet’s stock dipped recently and lagged its sector and the S&P 500 over the month. Still, big profit and revenue growth are expected in its July 2026 report and for the full year. Experts recently nudged estimates up, earning it a Zacks Rank of #2 (Buy). Its stock looks pricier than its industry on Forward P/E but slightly cheaper on PEG. The industry itself is in the top 43% of all industries tracked.

FAQ

What is GOOGL?

GOOGL is the stock ticker symbol for Alphabet, the company that owns Google.

What does “Forward P/E” tell me?

It compares the stock price to the profit experts think the company will make in the future. A higher number can mean the stock is more expensive.

What is the Zacks Rank?

It is a score from #1 (Strong Buy) to #5 (Strong Sell) based on changes in expert earnings estimates. Alphabet is currently #2 (Buy).

Why should I care about estimate revisions?

When experts change their profit guesses, it often signals how the stock may move soon. Higher guesses usually mean more optimism.