Alphabet (GOOGL) stock drops more than the market, analysts predict upcoming earnings

From Nasdaq: 2025-03-27 17:45:00

Alphabet (GOOGL) closed at $162.18, down 1.74% from the previous day, trailing the S&P 500. The stock has dropped by 4.44% in the past month, outpacing the sector’s loss. Analysts predict an EPS of $2.02 and revenue of $75.65 billion in the upcoming earnings report. The Zacks Rank for Alphabet is currently #3 (Hold).

Investors should take note of Alphabet’s valuation metrics. With a Forward P/E ratio of 18.54 and a PEG ratio of 1.19, the stock may be trading at a discount compared to industry averages. The Internet – Services industry, part of the Computer and Technology sector, has a Zacks Industry Rank of 131, placing it in the bottom 48% of industries.

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Read more at Nasdaq: Alphabet (GOOGL) Falls More Steeply Than Broader Market: What Investors Need to Know