Alphabet Q2 Preview: $117B Revenue Expected, AI Spending and Gemini Delays in Focus
GOOG sits 84% above its 52-week low of $188.495 on light trading volume (0.3× avg).
Summary
Alphabet reports Q2 earnings Wednesday after the close. Analysts expect net income of $35.21B, EPS of $2.88, and revenue of $117.06B — all sharply higher than a year ago. The report follows last month's $85B equity raise and a $700B capex plan for 2026, with FactSet projecting $187.1B in capex this year. Investors will scrutinize AI infrastructure spending and any update on the delayed Gemini 3.5 Pro model, which Raymond James says has shifted perception from leading to trailing edge. The stock is flat on the day, up 10% YTD.
At the time of this announcement, GOOG was trading at $346.65 on NASDAQ in the Technology sector, with a market capitalization of approximately $4.2T. The 52-week trading range was $188.50 to $404.47. This news item was assessed with neutral market sentiment and an importance score of 7 out of 10. Source: Dow Jones Newswires.