In the July 22 after-hours session, immediately after filing second-quarter (Q2) earnings, Google (NASDAQ: GOOGL) stock plummeted 3.31% from its close at $342.09 to $330.76, effectively wiping $138 billion from Alphabet's market capitalization.
Google's parent company, Alphabet (NASDAQ: GOOGL), is approaching its next earnings report – scheduled for Wednesday, July 22 – in a somewhat uncertain position.
Wall Street analysts remain overwhelmingly bullish on Alphabet (NASDAQ: GOOGL) ahead of its July 22 earnings report, with the average Google stock price target implying more than 26% upside from current levels.
Ahead of Alphabet (NASDAQ: GOOGL) stock earnings report next week, more Wall Street analysts have signaled bullish sentiment for the next 12 months.
Though Google (NASDAQ: GOOGL) stock suffered a significant correction in the last month and erased approximately $230 billion from Alphabet's market capitalization, Wall Street has remained largely bullish regarding the blue-chip company's future.
As Alphabet (NASDAQ:GOOGL) navigates an intensifying battle for Artificial Intelligence (AI) talent, Citizens analyst Andrew Boone has issued his 12-month rating for the Google share price.
Berkshire Hathaway (NYSE:BRK.B | BRK.B Price Prediction), now run by CEO Greg Abel with Warren Buffett serving as chairman, disclosed in Q1 2026 13F filings that it nearly tripled its Alphabet stake to roughly 57.8 million shares worth about $16.6 billion, vaulting Alphabet (NASDAQ:GOOGL) into a top-five Berkshire holding.
After soaring 106.32% from $176.09 in June 2025 to $363.31 at the latest close, Google (NASDAQ: GOOGL) stock is now expected to rise another 30.74% by the summer of 2027, per a note issued by TD Cowen's John Blackledge on Tuesday morning.
The second Google (NASDAQ: GOOGL) dividend of 2026 is scheduled for next week, June 15, with the ex-dividend date coinciding with the time of writing, June 8.
The technology giant Alphabet (NASDAQ: GOOGL) is scheduled to pay its next quarterly dividend in approximately 10 days – on June 15 – with the ex-dividend date coming on Monday, June 8.
A Wall Street analyst has reaffirmed a bullish price target on Google parent Alphabet (NASDAQ: GOOGL) while maintaining a ‘Neutral' rating, despite raising revenue expectations for the company's cloud business.
On June 1, CNBC reported that Berkshire Hathaway (NYSE:BRK-B | BRK-B Price Prediction) invested an additional $10 billion in Alphabet (NASDAQ:GOOGL) through a private stock purchase, deepening its bet on artificial intelligence.