Alphabet C stock gained 1.02 percent on October 5 ahead of earnings
Published on 10/06/2026 at 13:34 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS
Alphabet C stock (ISIN US02079K1079) gained 1.02 percent to USD 343.83 on Nasdaq at 4:00 p.m. ET on October 5, 2026. Tickeron lists October 27, 2026, as the next earnings date, giving the market a clear checkpoint for the company's costly artificial intelligence expansion.
October 27 earnings set the next test
Alphabet's investor-relations page identifies the second-quarter results release as a July 22, 2026, event, while the next quarterly report is listed for October 27, 2026, by Tickeron. The timing matters because the last report combined rapid operating growth with a sharp increase in infrastructure spending.
In the second quarter of 2026, Alphabet reported revenue of USD 119.8 billion, up 24 percent from USD 96.4 billion a year earlier, according to Tickeron. Diluted earnings per share were USD 9.11, compared with USD 2.31 in the prior-year quarter, although the period included a USD 99 billion unrealized gain on equity investments.
Cloud growth meets AI spending
Google Cloud revenue rose 82 percent year over year to USD 24.8 billion in Q2/2026, and its operating income reached USD 8.8 billion, more than triple the prior-year figure, Tickeron reported. That growth gives Alphabet a stronger operating counterweight to the spending cycle, but the company also raised full-year 2026 capital-expenditure guidance to USD 195 billion-205 billion.
The financial tradeoff is visible in cash generation. Tickeron said free cash flow turned negative in Q2/2026 as capital expenditures more than doubled to USD 44.9 billion, making cash conversion a central issue for the October report.
Analysts keep a 22.1 percent gap
MarketBeat reports a Buy consensus from 44 analysts, comprising six Strong Buy ratings, 34 Buy ratings and four Hold ratings, with an average price target of USD 419.93. The target lies 22.1 percent above the October 5 Nasdaq price of USD 343.83, a gap that reflects expectations for continued cloud and AI monetization.
Analyst actions remain supportive but are not uniform. According to MarketBeat on September 28, 2026, Piper Sandler raised its Alphabet target from USD 395 to USD 400 and kept an Overweight rating, while other firms cited in the same report issued lower targets or more cautious ratings.
Alphabet C stock stays below yearly high
Alphabet C stock was last at USD 343.83 on Nasdaq on October 5, 2026, at 4:00 p.m. ET, with volume of 13,225,512 shares and a market capitalization of USD 4.2 trillion. The price stood 15.0 percent below its 52-week high of USD 404.47 and above the 52-week low of USD 236.69.
Alphabet C stock facts
- Company: Alphabet Inc. Class C
- ISIN: US02079K1079
- Ticker: GOOG
- Trading venue: Nasdaq
- Price (as of October 5, 2026, 4:00 p.m. ET): USD 343.83
- Market capitalization: USD 4.2 trillion (as of October 5, 2026)
- 52-week range: USD 236.69-404.47 (as of October 5, 2026)
- Sector / Industry: Communication Services / Internet Content and Information
Upcoming dates for Alphabet C stock
- October 27, 2026: Third-quarter earnings report
