Alphabet's 2026 EPS Estimate Jumps to $20.60 From $14.23 in 90 Days

AnalystPrice Action Impact 4
โดย 24/7 Wall St.·US·Read original
Summary · why it matters

Alphabet's 2026 earnings-per-share estimate has climbed from $14.23 ninety days ago to $20.60 today, one of the sharpest upward revisions in mega-cap tech, as the company's AI story finally shows up in the numbers. Google Cloud grew 82% in the second quarter, Gemini Enterprise is deployed at nearly 90% of the Fortune 100, and CEO Sundar Pichai told investors Alphabet is still in a supply constraint environment. The stock has risen 42.62% over the past year and 9.36% year to date, recently brushing a 52-week high of $403.96, while the Street's consensus 12-month target sits at $422.34 with 13 strong buys, 44 buys, and just 5 holds. Analysts see revenue reaching roughly $613 billion in 2027 against $498 billion this year, and Alphabet has beaten consensus in 11 consecutive quarters while posting 12 straight quarters of double-digit revenue growth. The bull case rests on converting a $514 billion cloud backlog, with management guiding to recognize just over 50% as revenue in the next 24 months, plus TPU systems revenue that Pichai said will be largely realized in 2027, Gemini monetization across 950 million monthly active app users and more than 1 billion AI Mode users, and optionality from Waymo's 500,000-plus weekly autonomous rides and Isomorphic Labs' $2 billion raise. Risks include negative second-quarter free cash flow of $5.86 billion after $44.92 billion of capital expenditure, long-term debt of $98.2 billion, and 2026 capital spending guided at $175 billion to $185 billion.

Impact on stocks 1

Artificial Intelligence▲ · 1 stocks
Alphabet Inc Class C
GOOG
▲ PositiveCapitalDemandrelevance

2026 EPS estimate jumped to $20.60 from $14.23 in 90 days, with consensus target $422.34 and 13 strong buys/44 buys.

Theme Impact 9

Off-coverage companies 1

Isomorphic LabsPrivate▲ Positive
Capitalrelevance

Isomorphic Labs raised $2 billion, cited as optionality in Alphabet's bull case.

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