GOOGL
Alphabet Inc.
GOOGL has lower modeled downside risk, despite its lower overall score.
IMAX
IMAX Corporation
IMAX has the edge over GOOGL overall, supported by stronger valuation and stronger fundamentals.
GOOGL Fundamentals
| Metric | Status |
|---|---|
| Healthy | |
| Strong | |
| Under pressure | |
| Healthy |
GOOGL's revenue, profitability and balance sheet are currently healthy, but its cash flow is under pressure.
IMAX Fundamentals
| Metric | Status |
|---|---|
| Strong | |
| Strong | |
| Strong | |
| Strong |
IMAX's revenue, profitability, cash flow and balance sheet are all currently strong.
GOOGL PE Valuation
| Level | PE | Price | Vs current |
|---|---|---|---|
| Current | 16x | $299 | — |
| Cheap | 20x | $378 | +27% |
| Forward | 22x | $299 | — |
| Fair | 26x | $497 | +66% |
| Expensive | 31x | $586 | +96% |
Historical ranges are pointers, not guarantees.
GOOGL has the edge over IMAX in the historical PE scenario, which offers more potential upside but is not a forecast.
IMAX PE Valuation
| Level | PE | Price | Vs current |
|---|---|---|---|
| Current | 21x | $47.89 | — |
| Forward | 24x | $47.89 | — |
| Cheap | 35x | $81.28 | +70% |
| Fair | 53x | $122 | +154% |
| Expensive | 62x | $144 | +202% |
Historical ranges are pointers, not guarantees.
IMAX's PE is in its cheap range at 21x. On analysts' estimates for next year's earnings, today's price would be 24x.
GOOGL Forward outlook
| Metric | Outlook |
|---|---|
| Strongly deteriorating | |
| Strong growth | |
| Strong growth | |
| Weakening | |
| Moderate | |
| Moderate |
Analysts expect strong earnings and revenue growth for GOOGL, but weaker profitability.
IMAX Forward outlook
| Metric | Outlook |
|---|---|
| Deteriorating | |
| Growth | |
| Stable | |
| Improving | |
| Limited | |
| Low |
Analysts expect IMAX's earnings to grow and its profitability to improve, with its revenue holding steady. However, they disagree widely on these estimates.
GOOGL Earnings Per Share
| Quarter | TTM EPS | YoY |
|---|---|---|
| Forward | $13.89 | -28% |
| Q3 2026 | $19.16 | +89% |
| Q2 2026 | $19.91 | +112% |
| Q1 2026 | $13.11 | +46% |
| Q4 2025 | $10.81 | +34% |
| Q3 2025 | $10.13 | +34% |
| Q2 2025 | $9.38 | +35% |
| Q1 2025 | $8.96 | +37% |
| Q4 2024 | $8.04 | +39% |
GOOGL has the edge over IMAX on earnings, with more consistent year-over-year improvement.
IMAX Earnings Per Share
| Quarter | TTM EPS | YoY |
|---|---|---|
| Forward | $2.01 | -13% |
| Q3 2026 | $2.32 | +231% |
| Q2 2026 | $0.73 | +24% |
| Q1 2026 | $0.66 | +43% |
| Q4 2025 | $0.63 | +31% |
| Q3 2025 | $0.70 | +59% |
| Q2 2025 | $0.59 | +47% |
| Q1 2025 | $0.46 | -4.2% |
| Q4 2024 | $0.48 | +4.3% |
IMAX's earnings per share have jumped to their highest in seven years: $2.32 over the past year, up from $0.70 the year before.
GOOGL Quarterly Revenue
| Quarter | Revenue | YoY |
|---|---|---|
| Q3 2026 | $127.6B | +25% |
| Q2 2026 | $119.8B | +24% |
| Q1 2026 | $109.9B | +22% |
| Q4 2025 | $113.8B | +18% |
| Q3 2025 | $102.3B | +16% |
| Q2 2025 | $96.4B | +14% |
| Q1 2025 | $90.2B | +12% |
| Q4 2024 | $96.5B | +12% |
GOOGL has the edge over IMAX on sales, with more consistent year-over-year improvement.
| Quarter | Margin | YoY |
|---|---|---|
| Q3 2026 | 32% | +1.3 points |
| Q2 2026 | 34% | +1.6 points |
| Q1 2026 | 36% | +2.2 points |
| Q4 2025 | 32% | -0.5 points |
| Q3 2025 | 31% | -1.8 points |
| Q2 2025 | 32% | +0.1 points |
| Q1 2025 | 34% | +2.3 points |
| Q4 2024 | 32% | +4.6 points |
GOOGL's operating margin was 32% last quarter, up 1.3 points from the same quarter a year ago.
IMAX Quarterly Revenue
| Quarter | Revenue | YoY |
|---|---|---|
| Q3 2026 | $174.6M | +64% |
| Q2 2026 | $102.8M | +12% |
| Q1 2026 | $81.4M | -6.1% |
| Q4 2025 | $125.2M | +35% |
| Q3 2025 | $106.7M | +17% |
| Q2 2025 | $91.7M | +3.1% |
| Q1 2025 | $86.7M | +9.5% |
| Q4 2024 | $92.7M | +7.7% |
IMAX's revenue is growing: $175M last quarter, up 64% from the same quarter a year ago.
| Quarter | Margin | YoY |
|---|---|---|
| Q3 2026 | 43% | +16 points |
| Q2 2026 | 20% | +4.5 points |
| Q1 2026 | 12% | -7.1 points |
| Q4 2025 | 19% | +9 points |
| Q3 2025 | 27% | +6 points |
| Q2 2025 | 16% | +12 points |
| Q1 2025 | 19% | +4.1 points |
| Q4 2024 | 10% | +7.1 points |
IMAX has the edge over GOOGL on profitability, with a higher operating margin.
GOOGL Free Cash Flow
| Quarter | Free cash flow | YoY |
|---|---|---|
| Q3 2026 | -$9.1B | -137% |
| Q2 2026 | -$5.9B | -210% |
| Q1 2026 | $10.1B | -47% |
| Q4 2025 | $24.6B | -1.2% |
| Q3 2025 | $24.5B | +39% |
| Q2 2025 | $5.3B | -61% |
| Q1 2025 | $19B | +13% |
| Q4 2024 | $24.8B | +215% |
GOOGL usually generates cash, though not every quarter: the latest was −$9.1B, but it generated $19.7B over the past year.
IMAX Free Cash Flow
| Quarter | Free cash flow | YoY |
|---|---|---|
| Q3 2026 | $84.2M | +30% |
| Q2 2026 | $32M | +53% |
| Q1 2026 | $1.9M | -64% |
| Q4 2025 | $28M | +307% |
| Q3 2025 | $64.8M | +90% |
| Q2 2025 | $20.9M | -38% |
| Q1 2025 | $5.3M | +$17.4M |
| Q4 2024 | $6.9M | +11958% |
IMAX has the edge over GOOGL on cash flow, with more consistent year-over-year improvement.
GOOGL Total Shares
| Period | Change % | Net change |
|---|---|---|
| Quarterly | +0.5% | +59M shares |
| 1 year | +1.4% | +165M shares |
| 3 years | -1.2% | -148M shares |
| 5 years | -6.8% | -907M shares |
| Available history | -10% | -1.4B shares |
GOOGL has the edge over IMAX on shareholder dilution, with a more favorable share count trend.
| Quarter | Spent |
|---|---|
| Q3 2026 | — |
| Q2 2026 | — |
| Q1 2026 | — |
| Q4 2025 | $5.5B |
| Q3 2025 | $11.5B |
| Q2 2025 | $13.6B |
| Q1 2025 | $15.1B |
| Q4 2024 | $15.6B |
GOOGL spent $5.5B buying back its own shares over the past year, down 90% from the year before.
IMAX Total Shares
| Period | Change % | Net change |
|---|---|---|
| Quarterly | +2.5% | +1.4M shares |
| 1 year | +4.4% | +2.4M shares |
| 3 years | +4.5% | +2.5M shares |
| 5 years | -2.3% | -1.4M shares |
| Available history | -5.7% | -3.5M shares |
IMAX has 58M diluted shares, up 4.4% from a year ago.
| Quarter | Spent |
|---|---|
| Q1 2025 | — |
| Q3 2024 | — |
| Q2 2024 | $246,000 |
| Q1 2024 | $17.9M |
| Q3 2023 | $252,000 |
| Q2 2023 | $355,000 |
| Q1 2023 | $3.7M |
| Q4 2021 | $9.3M |
GOOGL Net Leverage
| Quarter | Net Leverage | Status |
|---|---|---|
| Q3 2026 | 0.4x | Very low |
| Q2 2026 | 0.3x | Very low |
| Q1 2026 | 0.3x | Very low |
| Q4 2025 | 0.1x | Very low |
| Q3 2025 | 0.0x | Very low |
| Q2 2025 | 0.1x | Very low |
| Q1 2025 | -0.1x | Net Cash |
| Q4 2024 | -0.1x | Net Cash |
GOOGL's net debt is less than a year of its operating earnings (EBITDA).
IMAX Net Leverage
| Quarter | Net Leverage | Status |
|---|---|---|
| Q3 2026 | -1.0x | Net Cash |
| Q2 2026 | -0.8x | Net Cash |
| Q1 2026 | -0.7x | Net Cash |
| Q4 2025 | -0.8x | Net Cash |
| Q3 2025 | -0.9x | Net Cash |
| Q2 2025 | -0.5x | Net Cash |
| Q1 2025 | -0.4x | Net Cash |
| Q4 2024 | -0.6x | Net Cash |
IMAX has the edge over GOOGL on leverage, with a lower net debt burden relative to earnings.
GOOGL Weekly Momentum
| Metric | Value | Status |
|---|---|---|
| RSI | 40.2 | Neutral |
| Stochastic | 11.7 | Oversold |
GOOGL's weekly RSI is 40 (neutral) and its Stochastic is 12 (oversold).
IMAX Weekly Momentum
| Metric | Value | Status |
|---|---|---|
| RSI | 51.5 | Neutral |
| Stochastic | 24.2 | Neutral |
IMAX's weekly RSI is 51 (neutral) and its Stochastic is 24 (neutral).
GOOGL PE vs Communication Services Sector
| Metric | GOOGL | Sector median | Relative |
|---|---|---|---|
| PE | 16x | 16x | 6% below |
| PE % | 1 | 26 | 25 pts below |
GOOGL has the edge over IMAX on valuation relative to its sector.
IMAX PE vs Communication Services Sector
| Metric | IMAX | Sector median | Relative |
|---|---|---|---|
| PE | 21x | 16x | 25% above |
| PE % | 5 | 26 | 21 pts below |
IMAX is trading at 21x earnings, a 25% premium to the Communication Services sector's median of 16x.
GOOGL Weekly Moving Averages
| Moving average | MA price | Relative |
|---|---|---|
| 8 week MA | $320.4 | 6.8% below |
| 20 week MA | $336.1 | 11% below |
| 50 week MA | $334.5 | 11% below |
| 100 week MA | $267.8 | 12% above |
| 200 week MA | $204.7 | 46% above |
GOOGL has pulled back, but its long-term trend is still up: it's below its 8-, 20- and 50-week averages, but 46% above its 200-week average.
IMAX Weekly Moving Averages
| Moving average | MA price | Relative |
|---|---|---|
| 8 week MA | $51.2 | 6.5% below |
| 20 week MA | $49.0 | 2.2% below |
| 50 week MA | $42.2 | 13% above |
| 100 week MA | $35.0 | 37% above |
| 200 week MA | $26.6 | 80% above |
IMAX has the edge over GOOGL on trend strength, trading above more of its moving averages.
GOOGL Yearly ROI
| Year | Start price | End price | ROI |
|---|---|---|---|
| 2020 | $67.7 | $86.7 | +28% |
| 2021 | $86.7 | $146.9 | +69% |
| 2022 | $146.9 | $89.2 | -39% |
| 2023 | $89.2 | $139.7 | +57% |
| 2024 | $139.7 | $192.8 | +38% |
| 2025 | $192.8 | $313.5 | +63% |
| 2026 YTD | $313.5 | $298.7 | -4.7% |
GOOGL has finished higher in five of the last six years, three of them by more than 50%. It's down 4.7% so far in 2026.
IMAX Yearly ROI
| Year | Start price | End price | ROI |
|---|---|---|---|
| 2020 | $20.8 | $17.0 | -18% |
| 2021 | $17.0 | $18.4 | +8.1% |
| 2022 | $18.4 | $14.0 | -24% |
| 2023 | $14.0 | $15.0 | +7.6% |
| 2024 | $15.0 | $25.1 | +67% |
| 2025 | $25.1 | $37.7 | +50% |
| 2026 YTD | $37.7 | $47.9 | +27% |
IMAX has the edge over GOOGL on returns for 2026, with the stronger performance.