Alphabet expected to announce Q4 earnings with growth potential, but regulatory concerns and competition risks

From Nasdaq: 2025-01-31 11:08:00

Alphabet is set to report fourth-quarter 2024 results on Feb. 4. The Zacks Consensus Estimate for earnings is $2.12 per share, with a revenue estimate of $81.38 billion, indicating 12.52% growth. Alphabet’s impressive earnings history and Gen AI capabilities are expected to drive Q4 results. Its cloud business growth is a key catalyst for success in the highly competitive market. GOOGL shares have outperformed the industry and sector, but are currently overvalued. The company’s growing GenAI capabilities present future growth potential, but regulatory concerns and competition pose risks. With a Zacks Rank #3 (Hold), investors may want to wait for a better entry point.



Read more at Nasdaq: Alphabet’s Q4 Earnings Loom: Buy or Sell GOOGL Stock Ahead of Results?