Alphabet (Google) will report Q2 earnings on July 23. Despite recent stock gains, shares are down for the year due to legal concerns and market worries. However, long-term prospects are strong, especially in search and cloud services. Analysts expect solid Q2 performance, driven by AI integration and revenue growth from search and YouTube ads.

Alphabet’s AI integration across platforms boosts user engagement. Google Cloud sees high demand for AI services. Search remains a revenue driver, with ad revenue expected to grow in Q2. YouTube ad revenue is also expected to rise, especially from YouTube Shorts. Google Cloud shows strong growth, with revenue up 28% YoY in Q1.

Alphabet’s subscription and devices segment adds to revenue growth. Profitability is forecasted to improve in Q2, with an expected 13.2% jump in earnings per share. Analysts predict another earnings beat, reflecting Alphabet’s strong track record. Despite challenges, Alphabet’s growth areas like AI, cloud services, and subscriptions show promise.

Analysts are bullish on Alphabet’s prospects for Q2 earnings, maintaining a “Strong Buy” consensus rating. The company’s consistent earnings outperformance suggests a potential upside surprise. With strong fundamentals and growth areas, GOOGL stock is a buy for investors looking beyond short-term challenges.

Read more at Yahoo Finance: Alphabet Reports Q2 Earnings July 23. Time to Buy GOOGL Stock?