--- title: "Here’s why I refuse to stop buying Alphabet after its earnings ‘correction’" type: "News" locale: "en" url: "https://longbridge.com/en/news/294091484.md" description: "The author continues buying Alphabet (GOOGL) despite a recent stock drop, citing strong Q3 earnings with EPS beating estimates by nearly 200% and revenue up 24%. Key drivers include AI boosting search queries, Google Cloud reaching profit scale with 82% growth, and an attractive 16 P/E valuation. While high capital expenditures pose a risk, the author remains bullish on the company's commercial cloud success and undervalued status compared to peers." datetime: "2026-07-28T16:08:21.000Z" locales: - [zh-CN](https://longbridge.com/zh-CN/news/294091484.md) - [en](https://longbridge.com/en/news/294091484.md) - [zh-HK](https://longbridge.com/zh-HK/news/294091484.md) generator: "portal-rs" --- # Here’s why I refuse to stop buying Alphabet after its earnings ‘correction’ Quick ReadAlphabet dropped 7% after a record quarter featuring a 199% EPS beat and 24% revenue growth to $120B, creating a buying opportunity.GOOGL trades at a 16 P/E while Google Cloud revenue surged 82%, and no rival, including MSFT or AMZN, matches that combination.Doubling CapEx to $45B pushed free cash flow negative, but Cloud already generate... ### Related Stocks - [GOGL.US](https://longbridge.com/en/quote/GOGL.US.md) - [GOOGL.US](https://longbridge.com/en/quote/GOOGL.US.md) - [GOOG.US](https://longbridge.com/en/quote/GOOG.US.md) - [GOU.US](https://longbridge.com/en/quote/GOU.US.md) - [GOOL.US](https://longbridge.com/en/quote/GOOL.US.md) - [GOOW.US](https://longbridge.com/en/quote/GOOW.US.md) - [GGLS.US](https://longbridge.com/en/quote/GGLS.US.md) - [GGLL.US](https://longbridge.com/en/quote/GGLL.US.md) - [GOOY.US](https://longbridge.com/en/quote/GOOY.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) - [MSFT.US](https://longbridge.com/en/quote/MSFT.US.md) - [AMZN.US](https://longbridge.com/en/quote/AMZN.US.md) ## Related News & Research - [Alphabet Inc. $GOOGL Stock Position Cut by Maj Invest Holding A S](https://longbridge.com/en/news/296018356.md) - [Google gives publishers a new way to fight AI-driven traffic losses](https://longbridge.com/en/news/296528419.md) - [Amazon Thinks AI Is About to Change the Way We Shop. Goodbye, Search Bar.](https://longbridge.com/en/news/296251288.md) - [Rep. Thomas H. Kean, Jr. Sells Off Shares of Alphabet Inc. (NASDAQ:GOOGL)](https://longbridge.com/en/news/296441557.md) - [Google Lost About $186 Billion After 4 of Its Top AI Researchers Left, but Sundar Pichai Says Google Will Be ‘A Founding Investor’ Anyway](https://longbridge.com/en/news/296636401.md) --- > **Disclaimer: This article is for reference only and does not constitute any investment advice.**