Alphabet stock holds firm as revenue and EPS stayed strong
Published on 08/30/2026 at 16:14 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS
Alphabet Inc. (US02079K3059) stock closed at $346.59 on August 29, 2026, after a 1.74% gain, while its market value stood at $4.19 trillion and the 52-week range ran from $206.19 to $408.61. The latest reported quarter brought $119.8 billion in revenue and $9.11 in EPS, with revenue up 24.2% year over year.
Market value stays elevated
That combination keeps Alphabet among the largest names in U.S. equities, with a market cap that remains above $4 trillion and a price still more than $40 below the 52-week high of $408.61. The move also leaves the stock above its 200-day moving average of $339.97 and its 50-day average of $347.79.
For investors, the comparison matters: revenue growth of 24.2% outpaced a market that already prices in a large amount of strength, and the current P/E ratio of 17.22 sits alongside a PEG ratio of 0.96.
Latest quarter sets the tone
The reported figures show a company that is still growing at scale, with $119.8 billion in quarterly sales and $9.11 in EPS providing the clearest fundamental snapshot in the available data. A quarterly dividend of $0.22 per share adds a small cash-return element to the story.
The same quarter also implies an annualized payout of $0.88 per share and a yield of 0.3%, which keeps income secondary to earnings power. That makes the gap between market value and operating performance the key lens for Alphabet shares.
Products and services
Alphabet's business is still anchored by Google Search and Google Cloud, while YouTube and other services remain part of the broader ecosystem. Cloud expansion and AI investment continue to shape how investors read the earnings base.
Price and setup
Alphabet shares traded at $346.59 on August 29, 2026, with intraday trading between $340.27 and $349.14 and volume of 25.3 million shares. The 52-week high of $404.47 and low of $206.96 frame the current setup.
Fact box
Company: Alphabet Inc. Class A
ISIN: US02079K3059
Ticker: GOOGL
Exchange: Nasdaq
Price (as of August 29, 2026): $346.59 USD
Market cap: $4.19 trillion (as of August 30, 2026)
Sector / Industry: Communication Services / Interactive Media & Services
Index membership: Nasdaq-100
Next earnings date: October 27, 2026
