Alphabet Confirms February 4 Earnings Call as AI and Cloud Momentum Builds

2026-01-25 companies

Mountain View, Sunday, 25 January 2026.
Alphabet Inc. has officially scheduled its fourth-quarter 2025 earnings call for February 4, 2026, setting the stage for a pivotal market update. Beyond the logistics, this report is expected to validate the company’s aggressive AI integration, with analysts projecting revenue to surpass $111 billion and earnings per share to rise by 23%. The most compelling narrative for investors, however, is whether Google Cloud’s surging profitability and the deployment of the Gemini model can finally bridge the valuation gap with Nvidia, potentially reshaping the leaderboard of the world’s most valuable companies.

Financial Forecasts and Market Expectations

Alphabet Inc. (NASDAQ: GOOG, GOOGL) has confirmed that its fourth-quarter and fiscal year 2025 earnings conference call will take place on Wednesday, February 4, 2026, at 1:30 p.m. Pacific Time (4:30 p.m. Eastern Time) [1]. As the date approaches, Wall Street has set high expectations for the tech giant, projecting significant year-over-year growth. Analysts estimate that Alphabet will report earnings per share (EPS) of approximately $2.64, reflecting a robust 23% increase from the previous year [4]. Revenue projections are equally optimistic, with estimates hovering around $111.23 billion to $111.24 billion, representing a growth rate of roughly 15.3% [4][7]. This upcoming release is viewed as a critical test of the company’s financial resilience and its ability to maintain momentum amidst a competitive landscape.

Cloud and AI: The Engines of Growth

A central focus for investors will be the performance of Google Cloud and the integration of the Gemini 3 AI model, which have been key drivers of recent optimism [4]. In the third quarter of 2025, Google Cloud revenue surged by 34%, while operating margins expanded significantly from 17.1% to 23.7% [5]. This margin expansion indicates that Alphabet is successfully transitioning its AI initiatives from experimental phases to profitable production, integrating these technologies across Search, YouTube, and Workspace without compromising core economics [5]. The market will be looking for evidence that this trend continued through the fourth quarter, further validating the company’s heavy capital expenditure on data center infrastructure [5].

Operational Highlights: Waymo, Pixel, and YouTube

Beyond the cloud, Alphabet’s diverse portfolio continues to show strength in specific operational metrics. Waymo, the company’s autonomous driving unit, has reportedly scaled its operations to 450,000 paid rides per week across Phoenix, San Francisco, and Los Angeles [6]. On the hardware front, the Pixel 10 has gained traction in the premium market, with sales up 28% year-over-year as of September 2025 [6]. Meanwhile, YouTube remains a dominant force in media consumption, commanding 13.4% of total TV time, a figure that notably surpasses Netflix’s 8.8% share [6]. These data points suggest a broad-based strength across Alphabet’s ecosystem that complements its core advertising business.

Stock Performance and Analyst Sentiment

Reflecting this operational momentum, Alphabet’s stock closed at $328.54 on January 23, 2026 [7]. The shares have appreciated approximately 66% over the past year, driven largely by the market’s reception of the Gemini 3 AI model and the company’s cloud trajectory [4]. Analyst sentiment remains largely positive ahead of the earnings release; for instance, Stifel recently raised its price target for the stock to $346 from $333, maintaining a Buy rating [4]. While the consensus price target sits at approximately $345.87, implying modest upside potential from current levels, the focus remains on whether the company’s fundamentals can close the valuation gap with industry peers like Nvidia [4][6].

Sources

Alphabet Inc. Earnings Call