| GOOGL |
Report |
Google Cloud Revenue (Q2 2026) |
BEAT |
pred ~$21.8B (~60% y/y) vs. cons ~$21.3B (~57% y/y) |
MEDIUM |
| GOOGL |
Report |
Search & Other Revenue (Q2 2026) |
BEAT |
pred ~$61.5B (~13.5% y/y) vs. cons ~$60.9B (~12.4% y/y) |
MEDIUM |
| GOOGL |
Report |
EPS (Q2 2026) |
BEAT |
pred ~$3.05 vs. cons ~$2.90 |
MEDIUM |
| GOOGL |
Guide |
FY2026 Capex Guidance |
LOWER |
guide ~$200B vs. cons ~$190B (FY2026) |
MEDIUM |
| GOOGL |
Guide |
FY2027 Capex Outlook Commentary |
LOWER |
guide ~25-30% y/y increase vs. cons ~15-20% y/y increase (FY2027) |
LOW |
| GOOGL |
Guide |
Cloud Growth Trajectory / Backlog Conversion (Q3 2026) |
BETTER |
guide ~mid-50s% cloud growth vs. cons ~50% growth (Q3 2026) |
LOW |
| GOOGL |
Return |
Day-1 residual (stock − beta × S&P 500) |
-2.5% |
— |
MEDIUM |
| GOOGL |
Return |
5-day cumulative residual |
-4.0% (FADE) |
Even with likely beats on Cloud/Search/EPS, another capex guidance raise plus reiteration of a 'significantly higher' 2027 spend forces analysts to cut out-year FCF and margin estimates; the asymmetric reaction function (capex dominates over growth beats) plus unresolved Gemini 3.5 Pro delay/competitive overhang means initial relief on numbers fades as revision cycle catches down FCF/EPS estimates over the following days, consistent with the stock's pattern of selling off on AI-capex headlines in the two weeks pre-print. |
LOW |