Alphabet Inc - Ordinary Shares - Class A

Alphabet Inc - Ordinary Shares - Class A

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Market Cap$4.32T
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Compare to Similar Companies

P/E RatioDividendsReturn on EquityPrice-to-SalesDebt-to-Equity
Alphabet Inc - Ordinary Shares - Class AAlphabet Inc - Ordinary Shares - Class A17.70.24%38%10.50.2

Earnings Call Q2 2026

July 22, 2026 - AI Summary

Top-line momentum & profitability (good): - Alphabet delivered 12th consecutive quarter of double-digit revenue growth: revenue $119.8B (+24% YoY; +23% constant currency). - Operating income $40.8B (+30%); operating margin 34% (improved). - EPS/net income increased significantly, largely tied to unrealized gains in equity investments (i.e., accounting/valuation driver, not only operating strength). - Cash flow: Operating cash flow $39.1B in Q2; free cash flow (FCF) -$5.9B in Q2 due to heavy capex; FCF for trailing 12 months $53.3B.
AI-driven demand across Search/YouTube/Cloud (good + surprising): - Search & other revenue +17% YoY to ~$63.3B; YouTube ads +13% YoY to ~$11.1B. - AI usage/product adoption metrics strengthened materially: - AI mode >1B monthly active users (since global expansion last Oct). - Gemini app ~950M MAUs; daily active users tripled YoY. - Omni (video creation “from any input”) shows +40% increase in daily active users since IO May. - Model/API scale: ~22B tokens processed per day permanently (up from $16B tokens last quarter). - Supply constrained environment continues—management explicitly frames it as a signal of momentum/adoption.
Cloud acceleration + backlog surge (good, key forecast implication): - Google Cloud revenue +82% YoY to $24.8B. - Cloud operating income $8.8B, operating margin 35.6% (up from ~20.7% last year). - Backlog increased by >$50B sequentially to $514B, driven by Enterprise AI demand. - Management expects just over 50% of backlog recognized as revenue over the next 24 months. - Gemini Enterprise penetration is very strong: ~90% of Fortune 100 using it; agent development kit downloads ~70M total (Q2).

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$422.86

Target Price by Analysts

12% upsideAlphabet Target Price DetailsTarget Price
$163.49

Current Fair Value

56.7% downside

Overvalued by 56.7% based on the discounted cash flow analysis.

Share Statistics

Market cap$4.32 Trillion
Enterprise Value$4.39 Trillion
Dividend Yield$0.85 (0.24%)
Earnings per Share$10.91
Beta1.25
Outstanding Shares12,151,000,000

Return

Return on Equity38.13%ROE
Return on Assets26.49%
Return on Invested Capital37.76%

Valuation & Multiples

P/E Ratio17.68P/E Ratio
PEG5.94PEG
Price to Sales10.49Price to Sales
Price to Book Ratio7.26Price to Book Ratio
Enterprise Value to Revenue9.85
Enterprise Value to EBIT14.61
Enterprise Value to Net Income17
Total Debt to Enterprise0.03
Debt to Equity0.2Debt to Equity

Revenue Sources

No data

Insider Trades

Last Earnings Call

Report Date
July 23, 2026
EPS Estimate
$2.86
Average shareholder expectation
Revenue Estimate
$116.53 B
Average shareholder expectation

Next Earnings Call

Expected Date
October 28, 2026
EPS Estimate
$3.02
Average shareholder expectation
Revenue Estimate
$126.32 B
Average shareholder expectation

Institutional Put/Call Ratio

Market sentiment based on institutional option activity.

Put/Call Ratio5.9016 486.95%
Total Calls236,465 99.76%
Total Puts1,395,526 98.64%

Institutional Ownership

Holdings and activity of institutional investors.

Ownership %2.58% 34.66%
Total Invested$188.39B 85.42%
Investors Holding2,865 2969.00%

ESG Score

No data

About Alphabet Inc

135,301 employees
CEO: Sundar Pichai

Larry Page and Sergey Brin founded Google in September 1998. Since then, the company has grown to more than 130,000 employees worldwide, with a wide range of popular products and platforms like Search, Maps, Ads, Gmail, Android, Chrome, ...

Relevant Senate Committees

Joint Committee on Taxation

This committee provides the official revenue estimates and technical analysis for all tax legislation. Its reports and expertise directly influence the formulation of tax policies that significantly impact Alphabet's corporate tax structures and financial performance.

Finance

As the most powerful economic committee, it controls taxation, trade, and entitlement spending. Its decisions on corporate tax policy (e.g., international taxation) and digital services taxes directly impact Alphabet's profitability and global strategy.

Appropriations

This committee allocates discretionary federal spending. Its subcommittees determine the precise funding for defense programs, scientific research, and infrastructure projects, directly affecting potential government contracts and R&D opportunities for Alphabet.

Judiciary

This committee oversees antitrust laws and intellectual property. Alphabet has faced numerous antitrust investigations globally, and IP is central to its software and content. This committee directly influences key legal frameworks for its business.

Commerce, Science, and Transportation

This committee holds vast jurisdiction over 'Big Tech' through the FCC and FTC, impacting privacy laws, net neutrality, antitrust enforcement, and regulations concerning AI, telecommunications (e.g., Android, Google Fiber), and autonomous vehicles (Waymo).

Homeland Security and Governmental Affairs

This committee oversees federal contracting and procurement, directly impacting Google Cloud's pursuit of government contracts. It also increasingly regulates emerging risks like Artificial Intelligence in financial markets, a core area for Alphabet.