Alphabet (GOOG) Expected to Announce Earnings on Wednesday

Alphabet (NASDAQ:GOOG) is expected to be posting its Q1 2026 results after the market closes on Wednesday, April 29th. Analysts expect Alphabet to post earnings of $2.62 per share and revenue of $106.5986 billion for the quarter. Individuals are encouraged to explore the company’s upcoming Q1 2026 earning overview page for the latest details on the call scheduled for Wednesday, April 29, 2026 at 4:30 PM ET.

Alphabet (NASDAQ:GOOG) last posted its quarterly earnings data on Thursday, February 5th. The information services provider reported $2.82 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $2.59 by $0.23. Alphabet had a return on equity of 35.01% and a net margin of 32.81%.The company had revenue of $113.83 billion during the quarter, compared to analysts’ expectations of $111.24 billion. During the same quarter in the previous year, the business earned $2.15 EPS. Alphabet’s revenue was up 18.0% compared to the same quarter last year. On average, analysts expect Alphabet to post $12 EPS for the current fiscal year and $13 EPS for the next fiscal year.

Alphabet Price Performance

GOOG opened at $348.52 on Tuesday. The business has a fifty day moving average of $309.11 and a 200 day moving average of $306.19. Alphabet has a 52-week low of $149.49 and a 52-week high of $350.90. The company has a quick ratio of 2.01, a current ratio of 2.01 and a debt-to-equity ratio of 0.11. The stock has a market cap of $4.22 trillion, a P/E ratio of 32.24, a PEG ratio of 2.12 and a beta of 1.13.

Analyst Upgrades and Downgrades

A number of equities analysts recently issued reports on the company. Wells Fargo & Company upgraded Alphabet from a “hold” rating to a “strong-buy” rating in a report on Monday, February 23rd. Sanford C. Bernstein restated a “market perform” rating and set a $345.00 price objective on shares of Alphabet in a report on Thursday, February 5th. Canaccord Genuity Group boosted their price objective on Alphabet from $330.00 to $390.00 and gave the company a “buy” rating in a report on Wednesday, January 7th. UBS Group restated a “neutral” rating and set a $348.00 price objective (up from $345.00) on shares of Alphabet in a report on Thursday, February 12th. Finally, Needham & Company LLC set a $400.00 price objective on Alphabet and gave the company a “buy” rating in a report on Friday, March 13th. Seven equities research analysts have rated the stock with a Strong Buy rating, twenty-nine have issued a Buy rating and three have given a Hold rating to the stock. Based on data from MarketBeat.com, the stock has an average rating of “Buy” and a consensus target price of $351.73.

Trending Headlines about Alphabet

Here are the key news stories impacting Alphabet this week:

• Positive Sentiment: U.S. Department of Defense added Google’s Gemini for Government models to its secure GenAI.mil platform, a commercial validation that can boost cloud and AI contract momentum for Google Cloud. Benzinga: What’s Behind The Boost In Alphabet Stock Today?
• Positive Sentiment: Reports of a large strategic investment/commitment tied to Anthropic (reported as up to $40B) and ongoing cloud commitments have fueled optimism that Alphabet is doubling down on generative-AI partnerships and cloud demand. Blockonomi: Alphabet Surges on $40B Anthropic Investment
• Positive Sentiment: CFRA and other commentators name Alphabet among the best positioned in the “Mag 7” earnings slate because of AI/search strength and cloud tailwinds—supporting a bullish near-term view into earnings. YouTube: Angelo Zino Preview
• Neutral Sentiment: Analysts and previews expect robust Q1 top-line growth (consensus ~ $107B) with AI and Cloud driving upside, but note the report is a potential catalyst that could swing the stock either way. Seeking Alpha: All-Time Highs May Be Ahead
• Neutral Sentiment: New regional investments—Google and South Korea agreed to build an AI campus in Seoul—strengthen international AI R&D ties and talent pipelines but are longer‑term positives. Reuters: Google to build AI campus in South Korea
• Negative Sentiment: EU regulators are pressing Google to open Android and certain services to AI rivals—followed by guidance on access to Gemini-like services—which raises regulatory compliance costs and potential product changes. TechXplore: EU tells Google to open Android to AI rivals
• Negative Sentiment: Analysts and some research warn that rising depreciation and AI-related investments could pressure Q1 EPS and margins in the near term, creating downside risk if earnings miss expectations. Seeking Alpha: Depreciation Pressuring EPS
• Negative Sentiment: Large insider selling and a notable institutional reduction (PROVIDENT TRUST CO reduced GOOG/GOOGL positions) are red flags for some investors and add selling pressure ahead of earnings. Quiver Quant: Insider & Fund Activity

Insiders Place Their Bets

In other Alphabet news, Director Frances Arnold sold 112 shares of the company’s stock in a transaction on Monday, March 2nd. The stock was sold at an average price of $302.99, for a total value of $33,934.88. Following the completion of the sale, the director directly owned 18,418 shares in the company, valued at approximately $5,580,469.82. This represents a 0.60% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, Director John L. Hennessy sold 1,050 shares of the company’s stock in a transaction on Wednesday, April 15th. The stock was sold at an average price of $331.65, for a total value of $348,232.50. Following the completion of the sale, the director owned 3,581 shares of the company’s stock, valued at $1,187,638.65. This represents a 22.67% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. In the last ninety days, insiders sold 2,037,294 shares of company stock worth $94,216,897. 12.99% of the stock is owned by company insiders.

Institutional Investors Weigh In On Alphabet

Several hedge funds have recently made changes to their positions in the company. State Street Corp lifted its holdings in shares of Alphabet by 0.5% in the 4th quarter. State Street Corp now owns 187,102,863 shares of the information services provider’s stock worth $58,712,878,000 after buying an additional 953,790 shares during the period. J. Stern & Co. LLP raised its position in shares of Alphabet by 28,482.8% in the 4th quarter. J. Stern & Co. LLP now owns 112,091,870 shares of the information services provider’s stock worth $35,174,429,000 after acquiring an additional 111,699,704 shares in the last quarter. JPMorgan Chase & Co. raised its position in shares of Alphabet by 1.1% in the 4th quarter. JPMorgan Chase & Co. now owns 100,602,893 shares of the information services provider’s stock worth $31,569,189,000 after acquiring an additional 1,073,151 shares in the last quarter. Morgan Stanley raised its position in shares of Alphabet by 1.6% in the 4th quarter. Morgan Stanley now owns 71,841,419 shares of the information services provider’s stock worth $22,543,838,000 after acquiring an additional 1,132,013 shares in the last quarter. Finally, UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC raised its position in shares of Alphabet by 4.1% in the 4th quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC now owns 31,045,362 shares of the information services provider’s stock worth $9,742,035,000 after acquiring an additional 1,221,889 shares in the last quarter. 27.26% of the stock is currently owned by hedge funds and other institutional investors.

About Alphabet

Alphabet Inc (NASDAQ: GOOG) is a multinational technology holding company headquartered in Mountain View, California. Formed in 2015 through a corporate restructuring of Google, Alphabet serves as the parent to Google LLC and a portfolio of businesses collectively known as “Other Bets.” Google was originally founded in 1998 by Larry Page and Sergey Brin; Alphabet is led by CEO Sundar Pichai, who oversees Google and the broader company while the founders remain prominent shareholders and influential figures in the company’s history.

Alphabet’s core business centers on internet search and advertising, with Google Search and the company’s ad platforms (including Google Ads and AdSense) generating the majority of revenue by connecting advertisers with consumers worldwide.