GOOGL
Alphabet Inc.
GOOGL has the edge over T overall, supported by stronger modeled upside and lower modeled downside.
T
AT&T Inc.
T's outlook is improving, though it still trails on the overall score.
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.
T Fundamentals
| Metric | Status |
|---|---|
| Stable | |
| Healthy | |
| Healthy | |
| Under pressure |
T's profitability and cash flow are currently healthy, and its revenue is stable, but its balance sheet is under pressure.
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 T in the historical PE scenario, which offers more potential upside but is not a forecast.
T PE Valuation
| Level | PE | Price | Vs current |
|---|---|---|---|
| Cheap | 7.9x | $14.50 | -35% |
| Forward | 8.8x | $22.18 | — |
| Fair | 12x | $22.48 | +1.3% |
| Current | 12x | $22.18 | — |
| Expensive | 18x | $33.86 | +53% |
Historical ranges are pointers, not guarantees.
T's PE is in its fair range at 12x. If earnings grow as analysts expect, today's price would be 8.8x next year's earnings.
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.
T Forward outlook
| Metric | Outlook |
|---|---|
| Strongly improving | |
| Growth | |
| Stable | |
| Improving | |
| Limited | |
| Moderate |
Analysts expect T's earnings to grow and its profitability to improve, with its revenue holding steady.
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 T on earnings, with more consistent year-over-year improvement.
T Earnings Per Share
| Quarter | TTM EPS | YoY |
|---|---|---|
| Forward | $2.53 | +38% |
| Q3 2026 | $1.84 | -40% |
| Q2 2026 | $3.01 | +71% |
| Q1 2026 | $2.97 | +82% |
| Q4 2025 | $3.04 | +104% |
| Q3 2025 | $3.08 | +150% |
| Q2 2025 | $1.76 | +1.1% |
| Q1 2025 | $1.63 | -12% |
| Q4 2024 | $1.49 | -24% |
T's earnings per share have fallen from their peak: $1.84 over the past year, against $3.08 in late 2025.
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 T on sales, with stronger typical year-over-year growth.
| 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 has the edge over T on profitability, with a higher operating margin.
T Quarterly Revenue
| Quarter | Revenue | YoY |
|---|---|---|
| Q3 2026 | $32.3B | +5.3% |
| Q2 2026 | $31.6B | +2.3% |
| Q1 2026 | $31.5B | +2.9% |
| Q4 2025 | $33.5B | +3.6% |
| Q3 2025 | $30.7B | +1.6% |
| Q2 2025 | $30.8B | +3.5% |
| Q1 2025 | $30.6B | +2% |
| Q4 2024 | $32.3B | +0.9% |
T's revenue has grown year over year for eight quarters in a row: $32.3B last quarter, up 5.3% from the same quarter a year ago.
| Quarter | Margin | YoY |
|---|---|---|
| Q3 2026 | 13% | -7.3 points |
| Q2 2026 | 22% | +1.2 points |
| Q1 2026 | 21% | +2.3 points |
| Q4 2025 | 17% | +0.8 points |
| Q3 2025 | 20% | +13 points |
| Q2 2025 | 21% | +1.7 points |
| Q1 2025 | 19% | -0.7 points |
| Q4 2024 | 16% | 0 points |
T's operating margin was 13% last quarter, down 7.3 points from the same quarter a year ago.
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.
T Free Cash Flow
| Quarter | Free cash flow | YoY |
|---|---|---|
| Q3 2026 | $5.5B | +3.7% |
| Q2 2026 | $5.1B | +4.8% |
| Q1 2026 | $2.7B | -43% |
| Q4 2025 | $4.5B | -10% |
| Q3 2025 | $5.3B | +6.7% |
| Q2 2025 | $4.9B | +2.8% |
| Q1 2025 | $4.8B | +26% |
| Q4 2024 | $5.1B | -25% |
T 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 12.4B diluted shares, up 1.4% from a year ago.
| 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.
T Total Shares
| Period | Change % | Net change |
|---|---|---|
| Quarterly | -1.5% | -102M shares |
| 1 year | -4.5% | -325M shares |
| 3 years | -4.7% | -341M shares |
| 5 years | -5% | -358M shares |
| Available history | -6.9% | -504M shares |
T has the edge over GOOGL on shareholder dilution, with a more favorable share count trend.
| Quarter | Spent |
|---|---|
| Q3 2026 | $2.8B |
| Q2 2026 | $2.2B |
| Q1 2026 | $2.5B |
| Q4 2025 | $1.8B |
| Q3 2025 | $1.5B |
| Q2 2025 | $961M |
| Q1 2025 | $218M |
| Q4 2024 | $13M |
T spent $9.3B buying back its own shares over the past year, about three times what it spent the year before.
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 has the edge over T on leverage, with a lower net debt burden relative to earnings.
T Net Leverage
| Quarter | Net Leverage | Status |
|---|---|---|
| Q3 2026 | 3.4x | Elevated |
| Q2 2026 | 2.8x | Moderate |
| Q1 2026 | 2.8x | Moderate |
| Q4 2025 | 2.6x | Moderate |
| Q3 2025 | 2.7x | Moderate |
| Q2 2025 | 3.0x | Elevated |
| Q1 2025 | 3.0x | Elevated |
| Q4 2024 | 3.0x | Elevated |
T's net debt is about 3.4 years of its operating earnings (EBITDA), up from 2.7 years a year ago.
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).
T Weekly Momentum
| Metric | Value | Status |
|---|---|---|
| RSI | 43.2 | Neutral |
| Stochastic | 19.0 | Oversold |
T's weekly RSI is 43 (neutral) and its Stochastic is 19 (oversold).
GOOGL PE vs Communication Services Sector
| Metric | GOOGL | Sector median | Relative |
|---|---|---|---|
| PE | 16x | 16x | 6% below |
| PE % | 1 | 26 | 25 pts below |
GOOGL is trading at 16x earnings, in line with the Communication Services sector's median of 16x, though its recent earnings include one-off gains.
T PE vs Communication Services Sector
| Metric | T | Sector median | Relative |
|---|---|---|---|
| PE | 12x | 16x | 27% below |
| PE % | 49 | 26 | 23 pts above |
T has the edge over GOOGL on valuation relative to its sector.
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 the edge over T on trend strength, trading above more of its moving averages.
T Weekly Moving Averages
| Moving average | MA price | Relative |
|---|---|---|
| 8 week MA | $22.7 | 2.2% below |
| 20 week MA | $23.5 | 5.5% below |
| 50 week MA | $24.8 | 11% below |
| 100 week MA | $25.7 | 14% below |
| 200 week MA | $21.8 | 1.9% above |
T has fallen below most of its moving averages, though it's still 1.9% above its 200-week average.
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 the edge over T on returns for 2026, with the stronger performance.
T Yearly ROI
| Year | Start price | End price | ROI |
|---|---|---|---|
| 2020 | $29.6 | $21.7 | -27% |
| 2021 | $21.7 | $18.8 | -13% |
| 2022 | $18.8 | $18.3 | -2.5% |
| 2023 | $18.3 | $16.8 | -8.4% |
| 2024 | $16.8 | $22.9 | +36% |
| 2025 | $22.9 | $24.7 | +7.8% |
| 2026 YTD | $24.7 | $22.2 | -10% |
T has finished lower in four of the last six years. It's down 10% so far in 2026.