Google (GOOGL) Earnings Preview: Analysts Bullish Ahead of Q3 Results
Google parent Alphabet (GOOGL) approaches its October 29 earnings release with Wall Street anticipating $2.27 EPS and $99.95 billion revenue—marking year-over-year growth from $2.12 and $88.25 billion respectively. The tech giant carries a decade-long streak of earnings beats, with JPMorgan's Doug Anmuth recently elevating his price target to $300, citing resolved regulatory risks and AI leadership.
KeyBanc similarly raised its target to $300, reflecting confidence in Google's financial resilience despite valuation multiples now mirroring Meta (META). The absence of cryptocurrency or exchange mentions in this corporate earnings context underscores the divergence between traditional tech equities and digital asset markets.