Alphabet Inc. (GOOG) Exceeds Market Returns: Some Facts to Consider

Alphabet (GOOG) closed at $357.33 on July 14, 2026, gaining +1.9% and outpacing the S&P 500's 0.38% daily gain, though the stock has lagged over the past month with a -4.48% decline. Alphabet is set to report Q2 earnings on July 22, 2026, with consensus expecting EPS of $2.86 (+23.81% YoY) and revenue of $101.22 billion (+23.86% YoY); full-year estimates project $14.32 EPS and $423.63 billion in revenue.

Why it matters: The stock carries a Zacks Rank of #1 (Strong Buy) with a Forward P/E of 24.49 and PEG ratio of 1.5, both trading at a premium to the Internet - Services industry averages of 17.41 and 1.6 respectively.