Alphabet Sees 10% Lift in EPS Estimate, 19% Revenue Growth Forecast
Alphabet shares have declined 10.8% over the past month versus a 1.3% drop in the S&P 500 composite and its Internet Services industry’s 11% loss. Consensus EPS estimates for the current quarter rose 10% to $2.76, while fiscal and next‐year EPS forecasts climbed 4.9% and 2.7%, respectively.
1. Stock Performance and Industry Context
Over the past month Alphabet shares have fallen 10.8%, underperforming the S&P 500 composite’s 1.3% decline and trailing its Internet Services industry’s 11% drop, reflecting investor caution amid broader tech sector weakness.
2. Earnings Estimate Revisions
Analysts have raised the current quarter EPS forecast to $2.76, reflecting a 10% upward revision in the last 30 days despite a year-over-year decline of 1.8%. Full-year EPS estimates of $11.60 and next-year EPS of $13.31 have also risen by 4.9% and 2.7%, respectively, over the past month.
3. Revenue Growth Projections
Consensus sales estimates for the current quarter stand at $91.69 billion, up 19.9% year-over-year, with fiscal and next-fiscal year revenue forecasts of $407.2 billion (+18.7%) and $473.53 billion (+16.3%), indicating sustained top-line expansion.
4. Recent Results and Valuation
In the last reported quarter Alphabet delivered $97.23 billion in revenue (+19.1%) with a 2.58% beat and EPS of $2.82 (+31.2%) with a 9.73% surprise. The shares trade at a D valuation grade, suggesting a premium to peers, and carry a neutral fundamental rating.