--- title: "Alphabet Reports Earnings Today. Here's One Analyst's Last-Minute Take on GOOGL Stock" type: "News" locale: "en" url: "https://longbridge.com/en/news/293478993.md" description: "Alphabet reports Q2 earnings today. Citizens analyst Andrew Boone reiterates a Market Outperform rating with a $515 price target, citing Google's strong cash flow and talent despite lagging in advanced AI models. Investors will monitor Search and Cloud performance, AI integration impact, and heavy capital expenditures against expectations of $2.88 EPS and $117.01 billion revenue. TipRanks shows a Strong Buy consensus with an average 12-month target of $437.79." datetime: "2026-07-22T13:03:24.000Z" locales: - [zh-CN](https://longbridge.com/zh-CN/news/293478993.md) - [en](https://longbridge.com/en/news/293478993.md) - [zh-HK](https://longbridge.com/zh-HK/news/293478993.md) --- # Alphabet Reports Earnings Today. Here's One Analyst's Last-Minute Take on GOOGL Stock Alphabet (GOOGL) is set to report its second quarter results after the market closes today. Ahead of the report, Citizens analyst Andrew Boone reiterated a Market Outperform rating and a $515 price target on GOOGL stock. Boone believes Google may now be behind OpenAI and Anthropic in terms of its most advanced AI models. Still, he said investors should not "count Google out" of the AI race. ### Claim 55% Off TipRanks - Unlock powerful investing tools with TipRanks Premium to make smarter, more confident investment decisions - Subscribe to TipRanks Smart Investor Newsletter, and discover new investing opportunities with data-backed stock picks Boone believes Google has the talent and resources to stay competitive in AI. Its strong cash flow also gives the company room to keep spending on AI. ## **Why Does Citizens Remain Bullish on Google's AI Push?** Citizens remains bullish as Google continues to expand its AI models and add AI to more of its products. The company recently announced Gemini 3.6, Gemini 3.5 Flash-Lite, and a limited release of Gemini 3.5 Flash Cyber. Meanwhile, Gemini 3.5 Pro is still being tested with partners. Boone sees the delay in its release as a concern. Still, he believes Google remains a leader in AI. The analyst also noted that Google is focused on making its AI models faster and cheaper to use. This could help the company add AI to more products without pushing costs too high. ## **What Investors Will Be Watching in Alphabet's Earnings** Investors will be watching Google's Search and Cloud businesses closely. Signs that AI is helping boost usage or sales could support the bullish view on GOOGL stock. Investors will also focus on spending. Google continues to spend heavily on data centers and computing power to support its AI plans. They will want to see if those investments are helping boost sales and profits. Meanwhile, Wall Street analysts are expecting earnings per share of $2.88, up from $2.31 a year ago. Revenue is expected to grow by 21.3% to $117.01 billion. ## **Is GOOGL Stock a Buy, Sell, or Hold?** GOOGL stock currently carries a Strong Buy consensus rating on TipRanks, based on 29 Buys and five Holds assigned in the last three months. The average 12-month price target for Google is $437.79, implying upside of 26.11% from the current level. ### Related Stocks - [GOGL.US](https://longbridge.com/en/quote/GOGL.US.md) - [GOOG.US](https://longbridge.com/en/quote/GOOG.US.md) - [GOOGL.US](https://longbridge.com/en/quote/GOOGL.US.md) - [GGLL.US](https://longbridge.com/en/quote/GGLL.US.md) - [GGLS.US](https://longbridge.com/en/quote/GGLS.US.md) - [GOOW.US](https://longbridge.com/en/quote/GOOW.US.md) - [GOOL.US](https://longbridge.com/en/quote/GOOL.US.md) - [GOOY.US](https://longbridge.com/en/quote/GOOY.US.md) - [GOU.US](https://longbridge.com/en/quote/GOU.US.md) - [GOOX.US](https://longbridge.com/en/quote/GOOX.US.md) - [GOOP.US](https://longbridge.com/en/quote/GOOP.US.md) - [MAGX.US](https://longbridge.com/en/quote/MAGX.US.md) - [OpenAI.NA](https://longbridge.com/en/quote/OpenAI.NA.md) - [CFG.US](https://longbridge.com/en/quote/CFG.US.md) - [CFG-I.US](https://longbridge.com/en/quote/CFG-I.US.md) - [CFG-E.US](https://longbridge.com/en/quote/CFG-E.US.md) - [CFG-H.US](https://longbridge.com/en/quote/CFG-H.US.md) ## Related News & Research - [Gemini agent digs a 13-year-old sandbox escape out of Chrome's code](https://longbridge.com/en/news/294501470.md) - [Alphabet Inc. $GOOGL is Saturna Capital Corp's 6th Largest Position](https://longbridge.com/en/news/294578714.md) - [Google is in talks for a $1.5 billion-plus deal with AI coding agent startup Mechanize](https://longbridge.com/en/news/294965617.md) - [French soccer club Paris Saint Germain partners with Google on AI](https://longbridge.com/en/news/294668977.md) - [White House to host AI companies Tuesday to review new model-testing framework](https://longbridge.com/en/news/294724757.md)