Alphabet (Google) Q2 Earnings Preview: Market Expert Says Mag 7 Stock 'Has Been Anything But' Magnificent

Chris Katje

July 22, 2025

Alphabet Inc (NASDAQ:GOOG)(NASDAQ:GOOGL) could show investors and analysts growth in several areas, such as YouTube, cloud and AI when the company reports second-quarter financial results after market close Wednesday.

Here are the earnings estimates, what experts are saying ahead of the report and key items to watch.

Earnings Estimates: Analysts expect Alphabet to report second-quarter revenue of $93.72 billion, up from $84.74 billion in last year's second quarter, according to data from Benzinga Pro.

Alphabet has beaten analyst estimates for revenue in 10 straight quarters.

Analysts expect Alphabet to report second-quarter earnings per share of $2.17, up from $1.89 in last year's second quarter. The company has beaten analyst estimates for earnings per share in nine straight quarters.

What Experts Are Saying: Freedom Capital Markets Chief Global Strategist Jay Woods says that Magnificent 7 member Alphabet has "been anything but" magnificent.

"The company has been facing continual headwinds due to antitrust and litigation risk, AI competition disrupting search and a massive CapEx spend," Woods said in a weekly newsletter.

Woods said Alphabet stock is down year-to-date and 11% off of all-time highs. With shares "stuck in neutral," Woods said the company could see the stock trade higher after the financial results.

"If the company can address these concerns and focus on the positives out of its YouTube and Waymo divisions, it could be back on the upswing."

Woods said technically the stock is in a key consolidation area when looking at 50- and 200-day moving averages.

"The good news is that overall momentum continues to favor the upside."

The market expert said a potential run to $200 could happen from a nice pop on earnings and shares could hit all-time highs.

Raymond James analyst Josh Beck maintained an Outperform rating and $185 price target on Alphabet ahead of the earnings report.

The analyst said search resilience and cloud momentum could be positive surprises in the quarter.

Beck also said the U.S. Department of Justice trial overhang remains, but closing comments were positive and the company might not need to divest its Chrome business.

"Bigger picture, we see the narrative potential shifting from AI Laggard to AI Leader and recommend long positions into GOOG and believe a few insightful comments from the management team," Beck said.

The analyst is looking for management to indicate that it has accelerating AI search momentum, manageable DOJ headwinds and relative AI cost inflation resilience.

Beck highlighted that Alphabet's forward (2026) price-to-earnings ratio of 17.8x trades at a discount to the average of peers like Meta Platforms, Microsoft, Nvidia and Apple.

Read Also: Alphabet ‘Well Positioned’ For Google Search Dominance: Analyst Says Can ‘Navigate The Shift To AI Search’

Key Items to Watch: Most eyes will be on AI and cloud when Alphabet reports second-quarter financial results and tries to continue its streak of revenue and earnings per share beats to consensus estimates.

The company's search business continues to see pressure from AI and some analysts and experts point to the growth of AI and chatbots hurting Alphabet's key Google Search unit. Look for Alphabet to share ways it’s working with AI and making search better.

YouTube could be a positive in the quarter and one of the company's key growth units.

The company said it saw “robust momentum” across its business lines, highlighting strength in Google Search, YouTube, subscriptions and Google Cloud in the first quarter.

A strong report with growth in cloud, search and YouTube could help send shares higher and lower fears of headwinds against the company.

The company could also highlight its upcoming Made By Google 2025 event confirmed for Aug. 20. Alphabet is set to highlight new Pixel devices, the Pixel Watch 4 and AI-powered software upgrades, according to reports.

GOOG Price Action: Alphabet stock closed up 0.50% to $192.11 on Tuesday versus a 52-week trading range of $142.66 to $208.70. Alphabet stock is up 0.8% year-to-date, marking the third-worst performance by a Magnificent 7 stock with Apple and Tesla negative year-to-date.

Read Next:

Trump Wants Babies To Get $1,000 To Invest At Birth: This Magnificent 7 Stock Tops Poll For 18-Year Growth

Photo: Shuttestock

Recommended

How to Hack a $1.3T Market - Ad

The Tesla Shock Nobody Sees Coming - Ad

Back the Biotech Company Unlocking Mushroom Health Benefits for All - Ad

President Donald Trump during a dinner with Republican lawmakers stated, that up to 5 jets were shot down during the India-Pakistan conflict.

Asian shares mostly slip as focus shifts to US talks with China

TOKYO (AP) — Asian shares mostly declined Tuesday as some of the euphoria fizzled out over a tariff deal with Japan as proposed by President Donald Trump, which was followed by a similar deal with the European Union.

FDA Submission Expected This Summer - Invest Before It Happens

FDA Submission Expected This Summer - Invest Before It Happens - Ad

This company is making heart disease easier to detect with AI. Their tech has officially been designated a "Breakthrough" by the FDA. You now have an opportunity to get in at a potential inflection point.

Colonel Sanders Sold KFC For $2 Million Only To See The New Owners Cash Out For $285 Million Few Years Later — Why He Then Sued Them

Harland Sanders built Kentucky Fried Chicken into a success but sold it for just $2M, feeling sidelined as it grew into a global brand. He died in 1980.

Bitcoin's 4-Year Cycle Is Dead, Researcher Says: Here's Why It Matters For XRP

The crypto market has changed, and experts say relying on the traditional 4-year halving cycle could leave investors poorly positioned in

If You Missed Tesla, Here's Your "Second Chance"...

If You Missed Tesla, Here's Your "Second Chance"... - Ad

If you missed your shot at turning $1,000 into more than $18,000 when I recommended Tesla, you'll want to pay close attention. I'm 100% convinced Elon's "Agenda X" could make early investors rich. But you need to hurry, because Elon and Visa are moments away from launching.

Coldplay's jumbotron captures — what exactly? The internet has its theories

LONDON (AP) — It started out as a routine bit of fun at a Coldplay concert: Lead singer Chris Martin asked the cameras to scan the crowd for his “Jumbotron Song,” when he sings a few lines about the people the camera lands on.

Palestinian death toll surpasses 60,000 in the Israel-Hamas war, Gaza’s Health Ministry says

DEIR AL-BALAH, Gaza Strip (AP) — More than 60,000 Palestinians have been killed during the Israel-Hamas war, Gaza’s Health Ministry said Tuesday. Israeli strikes overnight killed more than two dozen people, mostly women and children, according to health officials.

Back This Medical AI Tech

Back This Medical AI Tech - Ad

You don't often find healthcare tech company valued at $4M. HeartSciences is an exception. With $75M invested, including R&D, clinical trials, and product development, their patented AI software is approaching FDA submission, a potential major inflection point.

Russia insists on achieving Ukraine goals despite Trump's ultimatum

Russia is open to peace with Ukraine, but achieving its goals remains a priority, Kremlin spokesman Dmitry Peskov said Sunday, days after U.S. President to agree to a ceasefire or .

ASML Stock Plunges Nearly 8% In Wednesday Pre-Market: What's Going On?

Shares of Dutch semiconductor firm, ASML Holding NV (NASDAQ: ASML), has declined 7.46% during Wednesday pre-market trading, after the company expressed concerns over its 2026 growth prospects.

Tap Into the $65B 'Shroom Boom'

Tap Into the $65B 'Shroom Boom' - Ad

People are rapidly discovering how mushrooms can enhance brain function, gut health, immunity, and more. The only thing holding them back? A simple way to grow them. Hypha Labs built a compact countertop device to solve exactly that.

Drone attacks on oil fields in Iraq's Kurdish region shut down another facility

BAGHDAD (AP) — Drones targeted Wednesday, the latest in a series of attacks in recent days that have put several oil facilities out of commission.

One Tech Tip: How to clean your computer, earbuds and smartphone

LONDON (AP) — Smartphones, laptops, headphones and other electronic devices are essential for work and play in our daily lives. But all that time spent typing, scrolling or listening also means our devices gradually accumulate grime that needs to be cleaned off.

What's inside Elon's building in Memphis will shock you

What's inside Elon's building in Memphis will shock you - Ad

Inside Elon Musk's Memphis site lies a supercomputer built to power the world's first superhuman AI. It could make Elon a trillionaire - and new millionaires, too. With just $500, you could get in before the September 1st funding window closes.

Elon Musk's xAI Plans To Raise $12 Billion In Debt To Buy Nvidia Chips And Build One Of The World's Largest AI Superclusters: Report

Elon Musk's xAI is reportedly seeking $12 billion in debt financing to buy Nvidia chips and build a massive AI supercluster, signaling an aggressive push to stay competitive in the global AI arms race.

Donald Trump Files $10 Billion Lawsuit Against WSJ And Rupert Murdoch

Donald Trump has filed a $10 billion defamation lawsuit against The Wall Street Journal and Rupert Murdoch.

Is Elon's Empire Crumbling?

Is Elon's Empire Crumbling? - Ad

Jeff Brown - the legend who called Tesla and Nvidia early - says Elon is about to launch a $25T AI revolution. This isn't another chatbot. It's real-world AI that could 14X the impact of ChatGPT. But after October 23rd, it may be too late.

Elon Musk Returns To Intense Work Schedule: 'Back To Working 7 Days a Week and Sleeping in the Office'

Elon Musk has announced his return to a grueling work schedule, indicating a shift back to "wartime CEO" mode.

Polymarket Crypto Bettors See 50% Chance Of Fed Rate Cut In September Meet Amid Escalating Trump-Jerome Powell Clash

Cryptocurrency bettors are pricing in a 50% chance that the Federal Reserve will enact the first interest rate cut of 2025 during the upcoming September meeting.

Leaked Memo Points to $100 Trillion Wealth Transfer Starting Soon

Leaked Memo Points to $100 Trillion Wealth Transfer Starting Soon - Ad

The U.S. Department of the Interior's internal memo has leaked ... and the contents are shocking. A federally backed resource monetization plan may soon go live, and it could trigger a new gold rush into select energy and mineral stocks. Investing legend Whitney Tilson breaks it all down inside.

Elon Musk Changed His Number, Became Unreachable After Trump Feud, Reveals Speaker Mike Johnson: 'I Sent Him A Long Text Message, And Then...'

Tesla Inc. (NASDAQ: TSLA) CEO Elon Musk has reportedly changed his phone number following a fued with President Donald Trump and disagreement with Speaker Mike Johnson over the Republican's tax-and-spending bill.

Retirees, here’s how to tweak the 4% rule to protect your nest egg

New retirees might enter a different environment than their predecessors—the economy or market might have changed slightly or dramatically.

How to Hack a $1.3T Market

How to Hack a $1.3T Market - Ad

Forget concrete. The new foundation for real estate success is digital, and Pacaso leads the way. Their tech unlocks a $1.3T real estate market. They've already earned $110M+ in gross profits in their operating history and reserved the Nasdaq ticker PCSO.

This New Themes ETF Lets You Bet On China's ChatGPT Rivals

American investors now have a new way to access China's AI market through Themes China Generative AI ETF, offering low expenses and exposure to Chinese talent.

Circle CEO: Stablecoins Are Going Mainstream — Fast

Jeremy Allaire, CEO of Circle Internet Group, Inc. (NYSE:CRCL), is offering a compelling vision for the future of digital finance and the role of stablecoins in the global economy.

The Tesla Shock Nobody Sees Coming

The Tesla Shock Nobody Sees Coming - Ad

While headlines scream "Tesla is doomed"...Jeff Brown has uncovered a revolutionary AI breakthrough buried inside Tesla's labs. One that is helping AI escape from our computer screens and manifest itself here in the real world all while creating a 25,000% growth market explosion starting as early as October 23rd.

Is Costco Stock Topping Out? Key Price Levels To Watch

Costco stock (COST) may have formed a long-term peak. Adhishthana Principles suggest the next move could define the stock's future trajectory.

Russia's Aeroflot cancels dozens of flights after cyberattack causes IT outage

Russian state-owned flagship carrier Aeroflot suffered a mass IT outage Monday following a cyberattack, Russia’s prosecutor’s office said, forcing the airline to cancel more than 100 flights and delay others.

Back the Biotech Company Unlocking Mushroom Health Benefits for All

Back the Biotech Company Unlocking Mushroom Health Benefits for All - Ad

Functional mushrooms can boost mental, gut, and immune health-but people can't grow them at home. One company is making it easy with a patent-pending kitchen device. Think Nespresso, but for mushrooms. The functional mushroom market is projected to nearly double by 2030.

Elizabeth Warren Sounds Alarm on Tariffs: 'The Impact of Six Months of Donald Trump Will Be Felt for Two Generations'

Sen. Elizabeth Warren has voiced concern over the long-term impact of President Trump's tariffs.

Bitcoin Could Explode to $136,000 if This Happens, Says Analytics Firm

In a recent prediction by analytics platform Glassnode, Bitcoin‘s (CRYPTO: BTC) value could potentially surge by roughly 15%, reaching a staggering $136,000, if current demand continues. However, there is a possible hitch to this prediction.

FDA Submission Expected This Summer - Invest Before It Happens

FDA Submission Expected This Summer - Invest Before It Happens - Ad

Millions Over Morals: Survey Reveals Americans' Willingness To Sacrifice Love And Loyalty For Cash

A recent poll has uncovered that a significant number of Americans would willingly forsake love, betray friends, and even risk their own lives for a million-dollar windfall.

Senate committee advances Trump nominee to lead cybersecurity agency that protects election systems

NEW YORK (AP) — A U.S. Senate committee voted Wednesday to advance President Donald Trump’s pick to lead the agency that secures the nation’s critical infrastructure, .

If You Missed Tesla, Here's Your "Second Chance"...

If You Missed Tesla, Here's Your "Second Chance"... - Ad

Trump-Backed DOJ Motion Seeks Release Of Jeffrey Epstein, Maxwell Grand Jury Transcripts

DOJ moves to unseal grand jury testimony related to Jeffrey Epstein and Ghislaine Maxwell following criticism over handling of documents.

Japanese leader Ishiba vows to remain despite speculation, says he will focus on new US trade deal

TOKYO (AP) — Prime Minister on Wednesday vowed to remain in power to oversee the implementation of a , despite media speculation and growing calls for him to resign after a .

Back This Medical AI Tech

Back This Medical AI Tech - Ad

Enphase: Shifting Solar Gears As Tax Credits Drive Lease-First Future

Enphase Energy CEO says consumers will shift to leasing solar systems as tax credits expire.

Trending Now

Is Elon's Empire Crumbling? - Ad

Mark Cuban Praised His 'Hustling' Son, But Told Kids: 'Figure Out Who You Are, You Don't Need To Follow In My Footsteps'

Trump Diagnosed With Chronic Venous Insufficiency, A Common Circulatory Condition In Over-70s, White House Says He's 'In Excellent Health'

Leaked Memo Points to $100 Trillion Wealth Transfer Starting Soon - Ad

Barbara Corcoran, Who Sold Her Real Estate Empire For $66 Million Decades Ago, Says This Is The 'Most Under-Utilized' Tool In The Workplace

Tesla Cybertruck Bet Not Paying Off? Ford, GM Outsell EV Giant

How to Hack a $1.3T Market - Ad

MP Materials, Nvidia, AMD, Alibaba And Tesla: Why These 5 Stocks Are On Investors' Radars Today

'Superman' Flies Past $400 Million But Falters Overseas, While 'Jurassic World Rebirth' Charges Toward $650 Million In A Red-Hot Summer Box Office Battle