Alphabet can monetize AI across Search, YouTube, Cloud, Workspace, and Android.
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Price
$397.96
1D change
-0.01%
Market cap
$4.82T
Sector
Communication Services
| Metric | GOOGL |
|---|---|
| Price | $397.96 |
| 1D Change | -0.01% |
| Market Cap | $4.82T |
| Enterprise Value | $4.79T |
| Trailing P/E | 30.4 |
| Forward P/E | 27.5 |
| Price / Sales | 11.4 |
| EV / Revenue | 11.3 |
| Revenue Growth | 21.8% |
| Earnings Growth | 82.0% |
| Gross Margin | 60.4% |
| Operating Margin | 36.1% |
| Net Margin | 37.9% |
| ROE | 38.9% |
| Free Cash Flow | $27.47B |
| FCF Margin | 6.5% |
| Debt / Equity | 0.20x |
| Current Ratio | 1.92x |
| Dividend Yield | 22.00% |
| Next Earnings | Jul 23, 2026 |
| Quarterly Revenue | $109.90B |
| Revenue QoQ | -3.5% |
| Quarterly Net Income | $62.58B |
| Net Income QoQ | +81.6% |
GOOGL thesis lens
Consumer + cloud AI platform
Why it could benefit
- Alphabet can monetize AI across Search, YouTube, Cloud, Workspace, and Android.
- Gemini gives it a vertically integrated way to improve both user engagement and developer tooling.
- Google Cloud adds direct exposure to enterprise model training and inference demand.
Moat / edge
- Search and YouTube create unmatched data, traffic, and distribution.
- Custom infrastructure and TPU capabilities support scale economics.
- A full consumer-to-enterprise stack improves AI product iteration speed.
What to watch
- Search monetization under AI Overviews and agentic search.
- Google Cloud operating leverage and backlog conversion.
- Gemini usage and developer adoption.
Key risks
- Search economics may shift if query patterns change materially.
- Regulatory pressure could limit bundling or data advantages.