Zacks Investment Ideas feature highlights Alphabet, Amazon, Nvidia, and Meta Platforms ahead of Q4 earnings results. Alphabet’s Q4 sales expected to increase by 16% to $94.7 billion, with Google Cloud revenue projected at $16.25 billion. Amazon’s Q4 sales expected to reach $211.56 billion, with AWS revenue at $35.02 billion.

Alphabet’s Q4 EPS expected to rise by 20% to $2.58, surpassing Zacks EPS Consensus for 11 consecutive quarters. Amazon’s Q4 EPS projected to increase by 6% to $1.98, exceeding EPS expectations for 12 straight quarters with an average earnings surprise of 22.47%.

Alphabet stock has surged over 80% in the last year, attributed to growth in AI-driven businesses. Amazon shares have seen a stagnant performance, falling 2% in the last year. Amazon stock currently trades at 30.7X forward earnings, while Alphabet trades at 31X.

Amazon’s EPS growth projections slightly higher for fiscal 2026 at 10%, with FY25 EPS expected to rise nearly 30% to $7.18. Alphabet’s annual earnings slated to expand over 31% to $10.57 per share, with FY26 EPS projected to rise by 5%.

Both tech giants aim to post strong Q4 results to offset CapEx concerns among the Mag 7. Amazon stock, with a Zacks Rank #2 (Buy), may see more upside compared to Alphabet shares, which hold a Zacks Rank #3 (Hold) after a significant rally.

Read more at Nasdaq: Zacks Investment Ideas feature highlights: Alphabet, Amazon, Nvidia and Meta Platforms