Alphabet Inc. (GOOG) Exceeds Market Returns: Some Facts to Consider

In the latest close session, Alphabet Inc. (GOOG) was up +2.22% at $251.66. The stock outperformed the S&P 500, which registered a daily gain of 0.4%. Elsewhere, the Dow saw a downswing of 0.04%, while the tech-heavy Nasdaq appreciated by 0.66%. Coming into today, shares of the company had lost 2.08% in the past month. In that same time, the Computer and Technology sector gained 2.27%, while the S&P 500 gained 1.02%. Investors will be eagerly watching for the performance of Alphabet Inc. in its upcoming earnings disclosure. The company's earnings report is set to be unveiled on October 29, 2025. The company is predicted to post an EPS of $2.29, indicating a 8.02% growth compared to the equivalent quarter last year. Meanwhile, our latest consensus estimate is calling for revenue of $84.53 billion, up 13.39% from the prior-year quarter. For the full year, the Zacks Consensus Estimates project earnings of $9.95 per share and a revenue of $334.67 billion, demonstrating changes of +23.76% and +13.4%, respectively, from the preceding year. It is also important to note the recent changes to analyst estimates for Alphabet Inc. These revisions typically reflect the latest short-term business trends, which can change frequently. Therefore, positive revisions in estimates convey analysts' confidence in the business performance and profit potential. Our research demonstrates that these adjustments in estimates directly associate with imminent stock price performance. To capitalize on this, we've crafted the Zacks Rank, a unique model that incorporates these estimate changes and offers a practical rating system. The Zacks Rank system, which varies between #1 (Strong Buy) and #5 (Strong Sell), carries an impressive track record of exceeding expectations, confirmed by external audits, with stocks at #1 delivering an average annual return of +25% since 1988. The Zacks Consensus EPS estimate has moved 0.35% lower within the past month. Alphabet Inc. presently features a Zacks Rank of #3 (Hold). Looking at its valuation, Alphabet Inc. is holding a Forward P/E ratio of 24.73. This denotes a premium relative to the industry average Forward P/E of 24.17. Investors should also note that GOOG has a PEG ratio of 1.66 right now. The PEG ratio is similar to the widely-used P/E ratio, but this metric also takes the company's expected earnings growth rate into account. By the end of yesterday's trading, the Internet - Services industry had an average PEG ratio of 1.66. The Internet - Services industry is part of the Computer and Technology sector. This group has a Zacks Industry Rank of 78, putting it in the top 32% of all 250+ industries. The strength of our individual industry groups is measured by the Zacks Industry Rank, which is calculated based on the average Zacks Rank of the individual stocks within these groups. Our research shows that the top 50% rated industries outperform the bottom half by a factor of 2 to 1. Remember to apply Zacks.com to follow these and more stock-moving metrics during the upcoming trading sessions. Zacks' Research Chief Names "Stock Most Likely to Double"Our team of experts has just released the 5 stocks with the greatest probability of gaining +100% or more in the coming months. Of those 5, Director of Research Sheraz Mian highlights the one stock set to climb highest.This top pick is a little-known satellite-based communications firm. Space is projected to become a trillion dollar industry, and this company's customer base is growing fast. Analysts have forecasted a major revenue breakout in 2025. Of course, all our elite picks aren't winners but this one could far surpass earlier Zacks' Stocks Set to Double like Hims & Hers Health, which shot up +209%.Free: See Our Top Stock And 4 Runners UpWant the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report Alphabet Inc. (GOOG): Free Stock Analysis ReportThis article originally published on Zacks Investment Research (zacks.com).Zacks Investment ResearchWeiter zum vollständigen Artikel bei Zacks Weiter zum vollständigen Artikel bei Zacks