There is no shortage of uncertainty abounding the US stock market in early February. With the new US President in the midst of establishing his economic policy, there is undoubtedly some concern about its trajectory. Yet, one thing that is certain is that Alphabet (GOOGL) is set to unveil its Q4 earnings report this week.
With the impending data should come some greater insight into what traders can expect from the Magnificent Seven stock. Now, with that arrival closing in, it’s important to see what analysts are saying about the incoming report. Moreover, what could its arrival mean for the top tech stock?
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Alphabet Q4 Earnings On the Horizon: What Should You Expect?
Entering 2025, Alphabet has emerged as a top stock option. It was among the most promising in the tech sector, looking to continue its growth trajectory and solid financials that made it a winner last year. However, with the US seemingly on the cusp of a trade war, there are some concerns.
This is why the arrival of Alphabet’s (GOOGL) Q4 earnings data is so important for the stock this week. Indeed, its arrival should provide with it some notable insight. Moreover, it will feature ramifications as any earnings report does for a company’s performance on Wall Street.
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Alphabet is projected to issue Q4 revenue of $96.6 billion, according to an Investopedia report. That is a 12% increase over last year and would arrive alongside reported earnings of $26.19 billion, also up from $20.69 billion last year.
Altogether, analysts are projecting positive outcomes from the report. Over the past 12 months, GOOGL has jumped more than 43%, and that should continue. According to CNN data, 80% of 70 surveyed analysts have a buy rating on the stock. Alternatively, no expert has issued a sell, with the other 20% calling to hold.
Right now, the stock holds a median price target of $210 over the next year. That would be up only 3%, although the company does hold an outperform rating from most analysts. The company currently has an 18% upside, with a high-end price projection at $240.