GOOG
Alphabet Inc.

Alphabet Inc.GOOG

Communication Services · Internet Content & Information
287.30USD
+3.25%
Nov 05, 2026
GOOG overview ready
Hyperscale AI Compute Owner Deploying TPU-Based Infrastructure for Google Cloud
Alphabet is a hyperscale AI-compute owner and cloud infrastructure provider: it deploys large internal AI capacity for Google products and sells AI infrastructure, including proprietary TPU-based compute, through Google Cloud.
Theme not measured
No economic group is assigned yet.
Price trend is broken
Longer-term context reads trend under pressure, with a near-term setup of failed reclaim.
The tactical setup reads failed reclaim, but the weekly structure is broken.
Demanding valuation
The price embeds expectations that run ahead of what comparable businesses command.
Fundamentals under pressure
Free cash flow yield is weak.
Primary risk
Regulatory scrutiny and antitrust investigations.
Market Nov 4Filing Sep 30Price action Nov 5Research Jul 23

Conviction Level

Theme Momentum has no canonical measurement for this company — a research-profile dimension, not an input to this score.

PriceAction3.4BusinessPerformance5.0BusinessQuality8.4Valuation0.3ThemeMomentum—Mixed — Revenue growth has accelerated across 4 consecutive quarters, rising from +18% to +25% year over year. Diluted EPS fell 26% year over year to $2.12. — From filed financial statements. Describes the recent trajectory of the business, not the stock. 20 of the 100 Conviction points.

Conviction uses Price Action, Business Performance, Business Quality, Valuation. Theme Momentum is research context, not an input.

Theme momentumPrimary theme · group context, not entry timing
No economic group yet — pending research
Price
Loading price history…

Price Action

Price trend is broken
Longer-term context reads trend under pressure, with a near-term setup of failed reclaim.
The tactical setup reads failed reclaim, but the weekly structure is broken.
EntryWeak / unconfirmed recovery

The daily chart may be improving, but the weekly fast averages have not been reclaimed — the recovery is not yet confirmed on the higher timeframe.

Key Financials

Market Cap
$3.5T
Avg Volume (60D)
20.5M
60 sessions
Revenue Growth YoY
+15.1%
FY2025 vs FY2024
Gross Margin
+60.9%
Operating Margin
+33.3%
Trailing twelve months
Free Cash Flow Yield
+0.6%
P/E
15.0x
EV / Sales
7.2x
Market metrics as of Nov 4, 2026
Financial results for the period ended Sep 30, 2026
Filed balance-sheet data as of Sep 30, 2026

Business Performance

Mixed

Revenue growth has accelerated across 4 consecutive quarters, rising from +18% to +25% year over year. Diluted EPS fell 26% year over year to $2.12.

Latest reported: Q3 FY2026, ended Sep 30
Revenue growthAccelerating
+25%
$127.6B in Q3 FY2026 · YoY
YoY growth, last 4 quarters
  1. +18%
  2. +22%
  3. +24%
  4. +25%
Earnings growthDeclining
-26%
Diluted EPS $2.12 vs $2.87 a year earlier · GAAP
Diluted EPS YoY (GAAP), last 4 quarters
  1. +31%
  2. +82%
  3. +294%
  4. -26%
Operating marginExpanding
31.8%
+1.3 pp YoY

Business Quality

8.4 / 10

How well the business earns on its assets, converts earnings to cash and funds itself — read from its SEC filings.

Fundamentals & Valuation

All three valuation perspectives agree this company is expensive.
Alphabet Inc. has an Expensive valuation stance because the price embeds expectations that run ahead of what comparable businesses command. It trades at a 0.6% free-cash-flow yield and 7.2x revenue, which require sustained delivery to be justified.

Company Research

Thesis
Alphabet is a hyperscale AI-compute owner and cloud infrastructure provider: it deploys large internal AI capacity for Google products and sells AI infrastructure, including proprietary TPU-based compute, through Google Cloud.
Opportunity
Moderate opportunity
Hyperscaler and AI-cloud procurement and deployment of higher-performance training and inference clusters, including custom accelerators and the surrounding compute fabric.
Key risk
Regulatory scrutiny and antitrust investigations.

Economic classification

Loading the economic classification…

Business & Markets

Communication Services · Internet Content & Information
What they do

Alphabet Inc. operates globally through segments including Google Services, Google Cloud, and Other Bets, providing internet-based products and platforms such as search, advertising, cloud computing, and consumer devices.

How it earns

The company generates revenue primarily through advertising sales, subscription services, transactional sales of apps and digital content, and cloud service contracts.

Products & services
Google Search
YouTube
Google Cloud
Android
Google Play
Gmail
Google Maps
Google Drive
Consumer Devices
Customers & end markets
Advertisers
Individual consumers
Enterprise customers
Developers
Market position

Market leader in internet search, digital advertising, and cloud services.

Demand drivers
Low cyclicality

Driven by diversified digital advertising and cloud revenues that are less sensitive to economic cycles.

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