Added to YB: 2026-07-27
Pitch date: 2026-07-23
GOOG [neutral]
Alphabet Inc.
+5.47%
current return
Author Info
Anni Sen is the Managing Partner of BluBird Capital, a boutique financial advisory firm specializing in high-conviction investing ideas. Sign up for the newsletter.
Company Info
Alphabet Inc. offers various products and platforms in the United States, Europe, the Middle East, Africa, the Asia-Pacific, Canada, and Latin America.
Market Cap
$4.1T
Pitch Price
$317.98
Price Target
N/A
Dividend
0.26%
EV/EBITDA
22.51
P/E
16.98
EV/Sales
9.01
Sector
Interactive Media and Services
Category
growth
Alphabet Q2 2026: The Quarter where Free Cash Flow Went Negative
GOOG (earnings): Q2'26 first-ever negative FCF (-$5.9B) as capex hit $44.9B; FY guide raised to $195-205B. Cloud rev +82% to $24.8B, op margin 35.6% (+15pts), backlog $514B (+$50B), supply constrained—renting 3rd-party compute (bullish neoclouds NBIS/WULF). Gemini 4 larger models = HBM/memory tailwind. Stock -4% on withheld 2027 capex figure (est ~$300B).
Read full article (6 min)