GOOGL Alphabet Inc. - Class A Common Stock

NASDAQ · Media · View on SEC EDGAR ↗
$387.89
Price · May 20, 2026
Fundamentals as of Apr 30, 2026
52W Range
$162–$409
92% of range
Analyst Rating
BUY
70 analysts
Price Target
$428
+10% upside
P/E (TTM)
29.0
ROE
34.0%
Net Profit Margin
32.8%

GOOGL Stock Snapshot Price, market cap, P/E, EPS, ROE, debt/equity, 52-week range

Price
$387.89
Market Cap
$3.78T
P/E (TTM)
29.0
EPS (TTM)
$10.81
Revenue (TTM)
$402.84B
Div Yield
0.27%
ROE
34.0%
Debt/Equity
0.1
52W Range
$162 – $409

GOOGL Stock Price Chart Daily OHLCV with technical indicators — pan, zoom, and customize your view

10-Year Performance Revenue, net income, margins and EPS trends

Revenue & Net Income $402.84B
10-point trend, +346.2%
2016-12-31 → 2025-12-31
EPS $10.81
10-point trend, -61.2%
2016-12-31 → 2025-12-31
Free Cash Flow $73.27B
9-point trend, +183.7%
2016-12-31 → 2025-12-31
Margins 32.8%

Valuation P/E, P/S, P/B, EV/EBITDA ratios — is the stock expensive or cheap?

Metric
5Y trend
GOOGL
Peer Median
P/E (TTM)
5-point trend, +12.1%
29.0
180.0
P/S (TTM)
5-point trend, +2422.8%
9.4
0.5
P/B
5-point trend, +2290.8%
9.1
1.2
EV / EBITDA
5-point trend, +5267.2%
28.7
—
Price / FCF
5-point trend, +3508.2%
51.6
—

Profitability Gross, operating and net margins; ROE, ROA, ROIC

Metric
5Y trend
GOOGL
Peer Median
Operating Margin
5-point trend, +4.8%
32.0%
—
Net Profit Margin
5-point trend, +11.2%
32.8%
-11.6%
ROA
5-point trend, +12.9%
25.3%
-23.9%
ROE
5-point trend, +10.8%
34.0%
-49.0%
ROIC
5-point trend, -11.7%
23.2%
—

Financial Health Debt, liquidity, solvency — balance sheet strength

Metric
5Y trend
GOOGL
Peer Median
Debt / Equity
5-point trend, +0.12
0.1
25.9
Current Ratio
5-point trend, -31.5%
2.0
1.3
Quick Ratio
5-point trend, -33.7%
1.8
—

Growth Revenue, EPS and net income growth: YoY, 3Y CAGR, 5Y CAGR

Metric
5Y trend
GOOGL
Peer Median
Revenue YoY
5-point trend, +56.4%
15.1%
—
Revenue CAGR 3Y
5-point trend, +56.4%
12.5%
—
Revenue CAGR 5Y
5-point trend, +56.4%
17.2%
—
EPS YoY
5-point trend, +92.7%
34.4%
—
Net Income YoY
5-point trend, +73.8%
32.0%
—

Per Share Metrics EPS, book value per share, cash flow per share, dividend per share

Metric
5Y trend
GOOGL
Peer Median
EPS (Diluted)
5-point trend, +92.7%
$10.81
—

Capital Efficiency Asset turnover, inventory turnover, receivables turnover

Metric
5Y trend
GOOGL
Peer Median
Payout Ratio
4-point trend, +0.08
7.6%
—

Dividends Yield, payout ratio, dividend history, 5Y CAGR

Dividend Yield
0.27%
Payout Ratio
7.6%
5Y Div CAGR
—
Ex-dateAmount
March 9, 2026$0.2100
Dec. 8, 2025$0.2100
Sept. 8, 2025$0.2100
June 9, 2025$0.2100
March 10, 2025$0.2000
Dec. 9, 2024$0.2000
Sept. 9, 2024$0.2000
June 10, 2024$0.2000

GOOGL Analyst Consensus Bullish and bearish analyst opinions, 12-month price target, upside

BUY 70 analysts
  • Strong Buy 21 30.0%
  • Buy 41 58.6%
  • Hold 8 11.4%
  • Sell 0 0.0%
  • Strong Sell 0 0.0%

12-Month Price Target

52 analysts · 2026-05-16
Median target $430.00 +10.9%
Mean target $427.89 +10.3%

Earnings History EPS actual vs estimate, surprise %, beat rate, next earnings date

Avg Surprise
0.20%
Period EPS Actual EPS Est Surprise
March 31, 2026 $2.62 $2.71 -0.09%
Dec. 31, 2025 $2.82 $2.71 0.11%
Sept. 30, 2025 $3.10 $2.40 0.70%
June 30, 2025 $2.31 $2.25 0.06%
March 31, 2025 $2.27 $2.07 0.20%

Peer Comparison Key metrics vs sector peers

Ticker Market Cap P/E Rev YoY Net Margin ROE Gross Margin
GOOGL $3.78T 29.0 15.1% 32.8% 34.0% —
META $1.67T 28.1 22.2% 30.1% 29.3% —
RDDT — 87.7 69.4% 24.1% 19.9% —
PINS — 42.4 15.8% 9.9% 8.7% —
SNAP $14.17B -29.9 10.6% -7.8% -19.5% —
MTCH $7.51B 13.6 0.22% 17.6% -386.8% —
RUM — — — — — —
IAC — -30.1 -8.7% — — —
CARG — 24.7 13.7% 17.2% 38.5% 92.8%
GRND $2.51B 31.5 27.6% 21.5% 80.7% —
DJT — -4.7 — — — —

Full Fundamentals All metrics by year — income statement, balance sheet, cash flow

Income Statement 16
Annual Income Statement data for GOOGL
Metric Trend 202520242023202220212020201920182017201620152014
Revenue 12-point trend, +510.3% $402.84B $350.02B $307.39B $282.84B $257.64B $182.53B $161.86B $136.82B $110.86B $90.27B $74.99B $66.00B
Cost of Revenue 12-point trend, +532.7% $162.53B $146.31B $133.33B $126.20B $110.94B $84.73B $71.90B $59.55B $45.58B $35.14B $28.16B $25.69B
R&D Expense 12-point trend, +521.3% $61.09B $49.33B $45.43B $39.50B $31.56B $27.57B $26.02B $21.42B $16.62B $13.95B $12.28B $9.83B
SG&A Expense 12-point trend, +267.2% $21.48B $14.19B $16.43B $15.72B $13.51B $11.05B $9.55B $6.92B $6.84B $6.99B $6.14B $5.85B
Operating Expenses 12-point trend, +453.1% $273.80B $237.63B $223.10B $207.99B $178.92B $141.30B $127.63B $109.30B $84.68B $66.56B $55.63B $49.51B
Operating Income 12-point trend, +682.2% $129.04B $112.39B $84.29B $74.84B $78.71B $41.22B $34.23B $27.52B $26.18B $23.72B $19.36B $16.50B
Interest Expense 10-point trend, +205.0% · · $308M $357M $346M $135M $100M $114M $109M $124M $104M $101M
Other Non-op 12-point trend, +1182.3% $1.67B $1.14B $556M $381M $411M $-637M $102M $378M $158M $88M $152M $130M
Pretax Income 12-point trend, +820.3% $158.83B $119.81B $85.72B $71.33B $90.73B $48.08B $39.62B $34.91B $27.19B $24.15B $19.65B $17.26B
Income Tax 12-point trend, +632.5% $26.66B $19.70B $11.92B $11.36B $14.70B $7.81B $5.28B $4.18B $14.53B $4.67B $3.30B $3.64B
Net Income 12-point trend, +835.0% $132.17B $100.12B $73.80B $59.97B $76.03B $40.27B $34.34B $30.74B $12.66B $19.48B $16.35B $14.14B
EPS (Basic) 11-point trend, -47.8% $10.91 $8.13 $5.84 $4.59 $5.69 $2.96 $49.59 $44.22 $18.27 $28.32 · $20.91
EPS (Diluted) 11-point trend, -47.4% $10.81 $8.04 $5.80 $4.56 $5.61 $2.93 $49.16 $43.70 $18.00 $27.85 · $20.57
Shares (Basic) 4-point trend, -7.2% 12,116,000,000 12,319,000,000 12,630,000,000 13,063,000,000 · · · · · · · ·
Shares (Diluted) 4-point trend, -7.1% 12,230,000,000 12,447,000,000 12,722,000,000 13,159,000,000 · · · · · · · ·
EBITDA 9-point trend, +444.1% $129.04B $112.39B $84.29B $74.84B $78.71B $41.22B $34.23B · $26.15B $23.72B · ·
Balance Sheet 29
Annual Balance Sheet data for GOOGL
Metric Trend 202520242023202220212020201920182017201620152014
Cash & Equivalents 12-point trend, +67.4% $30.71B $23.47B $24.05B $21.88B $20.95B $26.46B $18.50B $16.70B $10.71B $12.92B $16.55B $18.35B
Short-term Investments 12-point trend, +108.8% $96.14B $72.19B $86.87B $91.88B $118.70B $110.23B $101.18B $92.44B $91.16B $73.42B $56.52B $46.05B
Receivables 12-point trend, +570.2% $62.89B $52.34B $47.96B $40.26B $39.30B $30.93B $25.33B $20.84B $18.34B $14.14B $11.56B $9.38B
Inventory 8-point trend, +443.8% · · · $2.67B $1.17B $728M $999M $1.11B $749M $268M $491M ·
Other Current Assets 10-point trend, +256.5% $16.31B $15.71B $12.65B $10.78B $8.02B $5.49B $4.41B $4.24B $2.98B $4.58B · ·
Current Assets 12-point trend, +161.9% $206.04B $163.71B $171.53B $164.79B $188.14B $174.30B $152.58B $135.68B $124.31B $105.41B $90.11B $78.66B
PP&E (Net) 11-point trend, +616.1% · $171.04B $134.34B $112.67B $97.60B $84.75B $73.65B $59.72B $42.38B $34.23B $29.02B $23.88B
PP&E (Gross) 11-point trend, +510.2% · $199.83B $166.67B $171.71B $147.01B $126.46B $104.21B $82.51B $59.65B $47.53B $40.15B $32.75B
Accum. Depreciation 11-point trend, +795.7% · $79.39B $67.46B $59.04B $49.41B $41.71B $30.56B $22.79B $17.26B $13.29B $11.13B $8.86B
Goodwill 12-point trend, +114.0% $33.38B $31.89B $29.20B $28.96B $22.96B $21.18B $20.62B $17.89B $16.75B $16.47B $15.87B $15.60B
Intangibles 10-point trend, -72.2% $1.28B · · $2.08B $1.42B $1.45B $1.98B $2.22B $2.69B $3.31B $3.85B $4.61B
Other Non-current Assets 10-point trend, +722.5% $14.96B $14.87B $10.05B $8.71B $5.36B $3.95B $2.34B $2.69B $2.67B $1.82B · ·
Total Assets 12-point trend, +360.8% $595.28B $450.26B $402.39B $365.26B $359.27B $319.62B $275.91B $232.79B $197.29B $167.50B $147.46B $129.19B
Accounts Payable 12-point trend, +611.4% $12.20B $7.99B $7.49B $5.13B $6.04B $5.59B $5.56B $4.38B $3.14B $2.04B $1.93B $1.72B
Accrued Liabilities 12-point trend, +1160.4% $55.56B $51.23B $46.17B $37.87B $32.04B $28.63B $23.07B $16.96B $10.18B $6.14B $4.77B $4.41B
Short-term Debt 12-point trend, -100.0% $0 $2.30B $0 $0 $0 $0 $0 $0 $0 $0 $2.00B $2.00B
Current Liabilities 12-point trend, +512.3% $102.75B $89.12B $81.81B $69.30B $64.25B $56.83B $45.22B $34.62B $24.18B $16.76B $19.31B $16.78B
Capital Leases 12-point trend, +5300.0% $12.74B $11.69B $12.46B $12.50B $11.39B $11.15B $10.21B $62M $26M $0 $0 $236M
Deferred Tax 10-point trend, -36.0% · · $485M $514M $5.26B $3.56B $1.70B $1.26B $430M $226M $189M $758M
Other Non-current Liabilities 12-point trend, +655.7% $8.45B $4.69B $4.39B $2.25B $2.21B $2.27B $2.53B $3.54B $3.06B $2.67B $1.82B $1.12B
Total Liabilities 11-point trend, +563.5% $180.02B $125.17B $119.01B $109.12B $107.63B $97.07B $74.47B $55.16B $44.79B $28.46B $27.13B ·
Long-term Debt 11-point trend, +1422.0% $49.09B $12.00B $13.00B $15.31B $15.44B $15.32B $4.68B $4.06B $4.03B $4.00B $3.23B ·
Total Debt 9-point trend, +1133.6% $48.54B $14.18B $1.00B $0 $0 $999M $3.96B · $3.94B $3.94B · ·
Common Stock 2-point trend, +1.0% · · · · · · · · · · $687.0K $680.0K
Retained Earnings 12-point trend, +331.7% $324.06B $245.08B $211.25B $195.56B $191.48B $163.40B $152.12B $134.88B $113.25B $105.13B $89.22B $75.07B
AOCI 12-point trend, -7196.3% $-1.92B $-4.80B $-4.40B $-7.60B $-1.62B $633M $-1.23B $-2.31B $-992M $-2.40B $-1.87B $27M
Stockholders' Equity 12-point trend, +299.8% $415.26B $325.08B $283.38B $256.14B $251.63B $222.54B $201.44B $177.63B $152.50B $139.04B $120.33B $103.86B
Liabilities + Equity 12-point trend, +360.8% $595.28B $450.26B $402.39B $365.26B $359.27B $319.62B $275.91B $232.79B $197.29B $167.50B $147.46B $129.19B
Shares Outstanding 12-point trend, +1677.2% 12,088,000,000 12,211,000,000 12,460,000,000 12,849,000,000 13,242,000,000 675,222,000 688,335,000 695,556,000 694,783,000 691,293,000 687,348,000 680,172,000
Cash Flow 14
Annual Cash Flow data for GOOGL
Metric Trend 202520242023202220212020201920182017201620152014
Stock-based Comp 12-point trend, +483.2% $24.95B $22.79B $22.46B $19.36B $15.38B $12.99B $10.79B $9.35B $7.68B $6.70B $5.20B $4.28B
Deferred Tax 12-point trend, +103225.0% $8.25B $-5.26B $-7.73B $-8.20B $1.88B $1.34B $145M $773M $177M $-120M $-258M $-8M
Restructuring · · $3.93B · · · · · · · · ·
Operating Cash Flow 12-point trend, +615.4% $164.71B $125.30B $101.75B $91.50B $91.65B $65.12B $54.52B $47.97B $37.09B $36.04B $26.57B $23.02B
CapEx 12-point trend, +730.3% $91.45B $52.53B $32.25B $31.48B $24.64B $22.28B $23.55B $25.14B $13.18B $10.21B $9.95B $11.01B
Investing Cash Flow 12-point trend, -471.3% $-120.29B $-45.54B $-27.06B $-20.30B $-35.52B $-32.77B $-29.49B $-28.50B $-31.40B $-31.16B $-23.71B $-21.05B
Stock Repurchased 12-point trend, +45709000000.00 $45.71B $62.22B $61.50B $59.30B $50.27B $31.15B $18.40B $9.07B $4.85B $3.69B $1.78B $0
Net Stock Activity 9-point trend, -1137.7% $-45.71B $-62.22B $-61.50B $-59.30B $-50.27B $-31.15B $-18.40B · $-4.85B $-3.69B · ·
Dividends Paid 8-point trend, +10049000000.00 $10.05B $7.36B $0 $0 · · · · $0 $0 $47M $0
Financing Cash Flow 12-point trend, -1691.5% $-37.39B $-79.73B $-72.09B $-69.76B $-61.36B $-24.41B $-23.21B $-13.18B $-8.30B $-8.33B $-4.22B $-2.09B
Net Change in Cash 12-point trend, +1414.3% $7.24B $-582M $2.17B $934M $-5.52B $7.97B $1.80B $5.99B $-2.20B $-3.63B $-1.80B $-551M
Taxes Paid 12-point trend, +586.0% $21.53B $27.35B $19.16B $18.90B $13.41B $4.99B $8.20B $5.67B $6.19B $1.64B $3.65B $3.14B
Free Cash Flow 9-point trend, +183.7% $73.27B $72.76B $69.50B $60.01B $67.01B $42.84B $30.97B · $23.91B $25.82B · ·
Levered FCF 7-point trend, +169.1% · · $69.23B $59.71B $66.72B $42.73B $30.89B · $23.86B $25.72B · ·
Profitability 7
Annual Profitability data for GOOGL
Metric Trend 202520242023202220212020201920182017201620152014
Operating Margin 9-point trend, +21.9% 32.0% 32.1% 27.4% 26.5% 30.6% 22.6% 21.1% · 23.6% 26.3% · ·
Net Margin 9-point trend, +52.0% 32.8% 28.6% 24.0% 21.2% 29.5% 22.1% 21.2% · 11.4% 21.6% · ·
Pretax Margin 9-point trend, +47.4% 39.4% 34.2% 27.9% 25.2% 35.2% 26.3% 24.5% · 24.5% 26.8% · ·
EBITDA Margin 9-point trend, +21.9% 32.0% 32.1% 27.4% 26.5% 30.6% 22.6% 21.1% · 23.6% 26.3% · ·
ROA 9-point trend, +104.4% 25.3% 23.5% 19.2% 16.6% 22.4% 13.5% 13.5% · 6.9% 12.4% · ·
ROE 9-point trend, +126.2% 34.0% 31.3% 26.5% 23.5% 30.6% 18.5% 17.3% · 8.7% 15.0% · ·
ROIC 9-point trend, +73.0% 23.2% 27.7% 25.5% 24.6% 26.2% 15.4% 14.4% · 7.8% 13.4% · ·
Liquidity & Solvency 5
Annual Liquidity & Solvency data for GOOGL
Metric Trend 202520242023202220212020201920182017201620152014
Current Ratio 9-point trend, -68.1% 2.0 1.8 2.1 2.4 2.9 3.1 3.4 · 5.1 6.3 · ·
Quick Ratio 9-point trend, -69.2% 1.8 1.7 1.9 2.2 2.8 2.9 3.2 · 5.0 6.0 · ·
Debt / Equity 9-point trend, +313.1% 0.1 0.0 0.0 0.0 0.0 0.0 0.0 · 0.0 0.0 · ·
LT Debt / Equity 5-point trend, +296.1% 0.1 0.0 · · · · 0.0 · 0.0 0.0 · ·
Interest Coverage 7-point trend, +43.1% · · 273.7 209.6 227.5 305.4 342.3 · 239.9 191.3 · ·
Efficiency 3
Annual Efficiency data for GOOGL
Metric Trend 202520242023202220212020201920182017201620152014
Asset Turnover 9-point trend, +34.4% 0.8 0.8 0.8 0.8 0.8 0.6 0.6 · 0.6 0.6 · ·
Inventory Turnover 6-point trend, -29.0% · · · 65.7 116.9 98.1 68.3 · 89.6 92.6 · ·
Receivables Turnover 9-point trend, -0.5% 7.0 7.0 7.0 7.1 7.3 6.5 7.0 · 6.8 7.0 · ·
Per Share 6
Annual Per Share data for GOOGL
Metric Trend 202520242023202220212020201920182017201620152014
Book Value / Share 9-point trend, -82.9% $34.35 $26.62 $22.74 $19.93 $380.04 $329.59 $292.65 · $219.50 $201.12 · ·
Revenue / Share 2-point trend, +17.1% $32.94 $28.12 · · · · · · · · · ·
Cash Flow / Share 2-point trend, +33.8% $13.47 $10.07 · · · · · · · · · ·
Cash / Share 9-point trend, -86.4% $2.54 $1.92 $1.93 $1.70 $31.63 $39.19 $26.87 · $15.42 $18.69 · ·
Dividend / Share 2-point trend, +38.3% $1 $1 · · · · · · · · · ·
EPS (TTM) 10-point trend, -61.2% $10.81 $8.04 $5.80 $4.56 $5.61 $2.93 $49.16 $43.70 $18.00 $27.85 · ·
Growth Rates 9
Annual Growth Rates data for GOOGL
Metric Trend 202520242023202220212020201920182017201620152014
Revenue YoY 5-point trend, -63.3% 15.1% 13.9% 8.7% 9.8% 41.1% · · · · · · ·
Revenue CAGR 3Y 3-point trend, -34.1% 12.5% 10.8% 19.0% · · · · · · · · ·
Revenue CAGR 5Y 17.2% · · · · · · · · · · ·
EPS YoY 5-point trend, -62.3% 34.4% 38.6% 27.2% -18.7% 91.5% · · · · · · ·
EPS CAGR 3Y 3-point trend, +30.4% 33.3% 12.8% 25.6% · · · · · · · · ·
EPS CAGR 5Y 29.8% · · · · · · · · · · ·
Net Income YoY 5-point trend, -64.0% 32.0% 35.7% 23.1% -21.1% 88.8% · · · · · · ·
Net Income CAGR 3Y 3-point trend, +34.7% 30.1% 9.6% 22.4% · · · · · · · · ·
Net Income CAGR 5Y 26.8% · · · · · · · · · · ·
Valuation (TTM) 17
Annual Valuation (TTM) data for GOOGL
Metric Trend 202520242023202220212020201920182017201620152014
Revenue TTM 11-point trend, +437.2% $402.84B $350.02B $307.39B $282.84B $257.64B $182.53B $161.86B $136.82B $110.86B $90.27B $74.99B ·
Net Income TTM 11-point trend, +708.5% $132.17B $100.12B $73.80B $59.97B $76.03B $40.27B $34.34B $30.74B $12.66B $19.48B $16.35B ·
Market Cap 9-point trend, +13713.2% $3.78T $2.31T $1.74T $1.13T $95.91B $59.17B $46.10B · $36.59B $27.39B · ·
Enterprise Value 9-point trend, +6835.9% $3.71T $2.23T $1.63T $1.02T $-43.74B $-76.52B $-69.62B · $-61.33B $-55.01B · ·
P/E 10-point trend, +1935.2% 29.0 23.5 24.1 19.3 25.8 29.9 1.4 1.2 2.9 1.4 · ·
P/S 9-point trend, +2995.7% 9.4 6.6 5.7 4.0 0.4 0.3 0.3 · 0.3 0.3 · ·
P/B 9-point trend, +4525.0% 9.1 7.1 6.1 4.4 0.4 0.3 0.2 · 0.2 0.2 · ·
P / Tangible Book 6-point trend, +3247.1% 9.9 7.9 6.8 5.0 0.4 0.3 · · · · · ·
P / Cash Flow 9-point trend, +2922.0% 23.0 18.4 17.1 12.4 1.0 0.9 0.8 · 1.0 0.8 · ·
P / FCF 9-point trend, +4768.6% 51.6 31.8 25.0 18.9 1.4 1.4 1.5 · 1.5 1.1 · ·
EV / EBITDA 9-point trend, +1338.0% 28.7 19.8 19.3 13.6 -0.6 -1.9 -2.0 · -2.3 -2.3 · ·
EV / FCF 9-point trend, +2474.2% 50.6 30.6 23.5 17.0 -0.7 -1.8 -2.2 · -2.6 -2.1 · ·
EV / Revenue 9-point trend, +1609.6% 9.2 6.4 5.3 3.6 -0.2 -0.4 -0.4 · -0.6 -0.6 · ·
Dividend Yield 6-point trend, +0.00 0.27% 0.32% 0.00% 0.00% · · · · 0.00% 0.00% · ·
Earnings Yield 10-point trend, -95.1% 3.5% 4.2% 4.2% 5.2% 3.9% 3.3% 73.4% 83.6% 34.2% 70.3% · ·
Payout Ratio 4-point trend, +0.08 7.6% 7.3% · · · · · · 0.00% 0.00% · ·
Annual Payout 7-point trend, +21280.9% $10.05B $7.36B $0 $0 · · · · $0 $0 $47M ·

Financial Statements Income statement, balance sheet, cash flow — annual, last 5 years

Income Statement
2025-12-312024-12-312023-12-312022-12-312021-12-31
Revenue $402.84B$350.02B$307.39B$282.84B$257.64B
Operating Margin % 32.0%32.1%27.4%26.5%30.6%
Net Income $132.17B$100.12B$73.80B$59.97B$76.03B
Diluted EPS $10.81$8.04$5.80$4.56$5.61
Balance Sheet
2025-12-312024-12-312023-12-312022-12-312021-12-31
Debt / Equity 0.10.00.00.00.0
Current Ratio 2.01.82.12.42.9
Quick Ratio 1.81.71.92.22.8
Cash Flow
2025-12-312024-12-312023-12-312022-12-312021-12-31
Free Cash Flow $73.27B$72.76B$69.50B$60.01B$67.01B

GOOGL AI Analyst Panel — Bullish and Bearish Views 2026Q2 debate: Claude, Grok, Gemini, ChatGPT on the stock's prospects

Round 1 — Opening Takes

Grok NEUTRAL 0.80
↑ Bullish

Alphabet remains a cash machine thanks to its unassailable search dominance and accelerating cloud growth, positioning it for sustained outperformance into 2026Q2. Its 35% ROE towers above the peer median like META's 31%, proving Alphabet turns shareholder capital into profits more efficiently than rivals. Gross margins hold steady at 59%, a testament to the pricing power in search ads that competitors can't touch. With EPS climbing to $9.997, earnings momentum supports the recent 18% price surge from $152 to $180.

↓ Bearish

Rising ad competition from META and regulatory scrutiny on Big Tech could chip away at Alphabet's core search revenue, stalling growth by mid-2026. META trades at a cheaper 28 P/E despite similar 31% ROE, signaling the market doubts Alphabet's premium valuation. Current ratio dipping to 1.75 flags slight liquidity strain amid debt/equity at 5.59, vulnerable if capex for AI ramps up. News of META poised to overtake Google in digital ads adds real competitive heat.

Claude NEUTRAL 0.68
↑ Bullish

Alphabet is printing cash from a durable moat in search and cloud, and the market is finally pricing in that durability. My read is the 30.4 P/E is fair — not cheap — for a company that turns 35% of shareholder equity into profit year after year. That ROE tells you pricing power is real; most tech peers can't sustain it. EPS grew to $9.99 trailing, and gross margins held steady at 59%, which means the core business is not commoditizing. The debt-to-equity ratio fell to 5.59 from 7.36 a quarter ago, so balance sheet risk is actually declining. If cloud growth holds and search remains resilient, this is a quality compunder at a reasonable multiple.

↓ Bearish

Meta is hunting Alphabet's ad crown, and that threat is real and underpriced by the market. The news from April 16 flagged eMarketer's projection that Meta will overtake Google in digital ad revenue this year — that's not speculation, that's a structural shift in how ad dollars flow. Alphabet's P/S of 9.81 is elevated, and if ad market share erodes, margins compress fast. The current ratio fell to 1.75 from 1.90, signaling tighter liquidity. Regulatory risk is also live — the Downing Street summons on April 15 hint at tightening oversight of YouTube. If ad revenue growth stalls and margins compress, the 30.4 P/E becomes a trap, not a bargain.

Gemini NEUTRAL 0.75
↑ Bullish

Alphabet remains a cash-generating machine that is successfully pivoting its massive scale toward the cloud and AI infrastructure boom. The company maintains a 35% ROE, which shows that management is exceptionally efficient at turning shareholder capital into actual profit. This is a critical advantage when funding the massive R&D required to compete in generative AI. Furthermore, with a net profit margin of 32.23%, Alphabet captures nearly a third of every dollar it brings in as bottom-line earnings. This high level of profitability provides a significant cushion to weather any potential economic volatility in 2026.

↓ Bearish

The core advertising business is facing a structural threat as competitors like Meta chip away at Google’s historical dominance in digital ad spend. Alphabet’s price-to-earnings ratio of 30.43 indicates that investors are paying a premium for growth that may be decelerating compared to its peers. This valuation assumes that the company can maintain its lead, but a current ratio of 1.74 suggests that liquidity is tightening as the company pours capital into infrastructure. If ad revenue growth stalls while AI investment costs continue to climb, the stock could face a significant multiple compression in the coming quarters.

Chatgpt NEUTRAL 0.62
↑ Bullish

I think Alphabet can sustain upside due to its dominant ads platform and AI cloud momentum. ROE TTM 35.0%. That shows profit efficiency on equity, supporting a durable earnings base. Gross margin TTM 59.17%. That indicates pricing power across core businesses and AI products. P/E TTM 30.43. That valuation implies the market is pricing in several years of steady earnings growth rather than a quick jump.

↓ Bearish

I worry the stock looks rich given ad cycle sensitivity and higher regulatory risk. P/S TTM 9.8094. A high multiple on sales suggests the stock must deliver sustained revenue growth; any slowdown could compress the multiple. Debt/Equity 5.59. Leverage can magnify downside if cash flow weakens. P/E 30.43. Valuation is already high and could compress if growth slows or margins tighten.

Round 2 — Responses & Rebuttals

Grok

Claude, your bear case overweights the Meta ad threat from that April 16 eMarketer note, but it ignores Alphabet's broader revenue diversification. Even if Meta edges ahead in total digital ads, Alphabet's 32% net margin dwarfs most peers, capturing far more profit per ad dollar than META's implied efficiency. Cloud growth, unmentioned there, now offsets any search slippage, keeping EPS momentum alive at $9.99.

Claude

I need to push back on Grok's comparison here. Grok says META's 31% ROE is the peer median and that Alphabet's 35% towers above it — but that's not what the data shows. META is 30.93%, yes, but look at the full peer set: RDDT is 20.89%, PINS is 8.74%, SNAP is negative 20.72%, MTCH is 17.73%. The median of that group is closer to 18%, not 31%. Alphabet's 35% ROE is genuinely strong, but Grok's framing makes it sound like we're comparing two peers in a tight range when really Alphabet is in a different stratosphere from most of its actual competitors. That matters because it changes how we should think about the valuation premium — it's not a 4-point edge over META, it's a structural moat most of the industry can't touch.

Gemini ⇄ Mind changed

Claude, your point about the eMarketer projection regarding Meta’s ad dominance is a critical wake-up call that I didn't weigh heavily enough in my initial assessment. If Meta truly overtakes Google in digital ad revenue, it signals a fundamental shift in the moat I assumed was unassailable. That shift makes Alphabet’s 30.43 P/E look increasingly precarious. This multiple means investors are paying for premium growth that may no longer be guaranteed. I’m revising my take — Claude is right that the competitive threat to the core search business is the primary risk for 2026.

Chatgpt

Claude, your point that ROE of 35% proves durability may be overstated because it can be amplified by buybacks and leverage rather than ongoing cash-flow strength. That means Alphabet is turning equity into profit at a high rate today, but the durability depends on whether cash profits keep pace with capital returns. P/E: 30.4. That implies the market is pricing several years of earnings power, which leaves little cushion if ad growth slows or regulatory costs rise.

Round 3 — Final Rebuttals

G
Grok

ChatGPT, your claim that Alphabet's 35% ROE is inflated by leverage doesn't hold up against the data. Debt/equity dropped to 5.59 from 7.36 last quarter. That declining ratio shows the company relies far more on internal cash flows than borrowing, making this ROE a true sign of operational efficiency rather than financial tricks. With buybacks steady but not extreme, the durability Claude highlighted stands firm.

C
Claude

I want to push back on Grok's claim that cloud growth now offsets search slippage. Grok says it keeps EPS momentum alive, but the data doesn't support that yet. Cloud is real, but search still drives the majority of Alphabet's profit — we're not seeing cloud revenue broken out in these quarterly figures, so we can't actually measure whether it's offsetting anything. More importantly, if Meta does take the ad crown as eMarketer projects, Alphabet's net margin of 32.23% doesn't protect the stock from multiple compression — it just means the company will be highly profitable at a lower valuation. That's a distinction Grok glosses over. The margin cushion doesn't prevent a P/E reset if the growth narrative breaks.

G
Gemini

Grok, I have to challenge your assertion that cloud growth is the primary offset to search slippage. While cloud is growing, the real structural risk here is the shift in the interest rate cycle, which I believe is being overlooked. With a debt-to-equity ratio of 5.59, Alphabet is carrying significant leverage that becomes more expensive to service if the current rate-cut expectations for 2026 fail to materialize. This ratio measures how much debt the company uses to finance assets relative to shareholder value. If rates stay higher for longer, that interest burden will directly cannibalize the capital available for the AI infrastructure spending we are all banking on.

C
Chatgpt

Claude, I’m widening the frame beyond ratios to regulatory and product dynamics that could move Alphabet in 2026. P/E 30.4 implies the market is pricing several years of earnings into Alphabet. That premium could be at risk if regulators tighten ad targeting under the EU Digital Markets Act and lawmakers sharpen antitrust actions, raising compliance costs.

Price Forecasts

Model 3M Target 6M Target Reasoning
G Grok 3M Target $185.00 6M Target $210.00 Reasoning I expect Alphabet to climb steadily into 2026Q2 as cloud acceleration offsets ad risks, targeting $185 in 3 months and $210 in 6 months from $162. The catalyst is Q2 2026 earnings in late July, where Google Cloud growth guidance exceeding 25% YoY will confirm revenue diversification beyond search. The key risk is Meta's ad revenue overtake materializing in that print, validating eMarketer's April 16 projection and sparking multiple compression. My 6-month target implies a 33x P/E on $10 EPS, rewarding Alphabet's 35% ROE edge over META's 31% with proven capital efficiency.
C Claude 3M Target $172.00 6M Target $185.00 Reasoning Alphabet's 35% ROE and 32% net margin prove the search moat is real, but Meta's projected ad revenue overtake is a genuine structural threat that the 30.4 P/E hasn't fully priced in yet. My thesis: the stock holds here because cloud offsets near-term ad pressure, but doesn't re-rate higher until Alphabet proves search resilience in earnings. The catalyst is 2026Q2 earnings (late April/early May) — if management guides that search revenue growth stabilizes above 8% and cloud contribution rises, the multiple re-expands to 32–33 P/E, pushing the stock to $185 by mid-year. The risk: eMarketer's projection proves accurate and Meta captures ad share faster than expected, forcing Alphabet to cut guidance and compress margins. At 30.4 P/E on $9.99 EPS, Alphabet is paying for perfection; any stumble resets the multiple downward.
G Gemini 3M Target $155.00 6M Target $148.00 Reasoning I believe Alphabet is entering a period of multiple compression as the market pivots from rewarding AI potential to demanding tangible ad-revenue stability. My primary catalyst is the 2026Q2 earnings report; if Google confirms that Meta’s market share gains are eroding their core search margins, the stock will likely re-rate lower. My main risk is an unexpected surge in cloud revenue that outweighs advertising weakness, potentially stabilizing the share price. Currently, the stock trades at a 30.43 P/E, which means investors are paying over 30 dollars for every dollar of earnings, a premium that is difficult to justify if the company's core growth engine begins to stall.
C Chatgpt 3M Target $166.50 6M Target $171.00 Reasoning My thesis is that Alphabet can drift higher in the coming months as AI cloud demand and the durable ads business support earnings. Catalyst: the upcoming quarterly results will confirm how AI and cloud investments translate into cash flow and margin resilience. Risk: a sharper-than-expected ad slowdown or regulatory costs could trigger multiple compression. P/E 30.4 implies the market is pricing several years of earnings; if growth slows, the multiple may re-rate lower.

Latest News Recent headlines mentioning this company

Trading Signals Recent buy/sell signals with entry price and risk/reward ratio

My Metrics Your personal watchlist — selected rows from Full Fundamentals

📊

Pick the metrics that matter to you — click the ➕ next to any row in Full Fundamentals above.

Your selection is saved and follows you across all tickers.