Alphabet Inc. $GOOG reported strong second-quarter 2026 results, with revenue rising 24.2% year over year to $119.8 billion. Gross profit increased 28.7% to $73.9 billion, while operating profit climbed 30.4% to $40.8 billion.
Net income attributable to common shareholders surged to $112.1 billion, and diluted earnings per share reached $9.11, both up sharply from a year earlier. Cash from operating activities also improved, rising 40.8% to $39.1 billion.
Capital spending remained elevated, with purchases of property, plant and equipment totaling $44.9 billion. Alphabet ended the quarter with $55.9 billion in cash and cash equivalents, while total liabilities stood at $281.5 billion.
Note: This financials data is sourced from a third-party provider and has not been independently verified by Quiver.
Alphabet Inc. Hedge Fund Activity
We have seen 1,892 institutional investors add shares of Alphabet Inc. stock to their portfolio, and 2,377 decrease their positions in their most recent quarter.
Here are some of the largest recent moves:
- J. STERN & CO. LLP removed 111,774,284 shares (-99.7%) from their portfolio in Q1 2026, for an estimated $31,405,220,575
- CAPITAL INTERNATIONAL INVESTORS removed 38,414,262 shares (-45.6%) from their portfolio in Q1 2026, for an estimated $10,793,255,194
- CAPITAL WORLD INVESTORS added 15,913,045 shares (+55.2%) to their portfolio in Q1 2026, for an estimated $4,471,088,253
- CAPITAL RESEARCH GLOBAL INVESTORS added 12,188,842 shares (+43.4%) to their portfolio in Q1 2026, for an estimated $3,424,698,936
- GOLDMAN SACHS GROUP INC added 8,230,839 shares (+34.8%) to their portfolio in Q1 2026, for an estimated $2,312,618,833
- ARROWSTREET CAPITAL, LIMITED PARTNERSHIP added 6,300,900 shares (+76.1%) to their portfolio in Q1 2026, for an estimated $1,770,363,873
- PERSHING SQUARE CAPITAL MANAGEMENT, L.P. removed 5,852,145 shares (-94.9%) from their portfolio in Q1 2026, for an estimated $1,644,277,180
To track hedge funds' stock portfolios, check out Quiver Quantitative's institutional holdings dashboard. You can access data on hedge funds moves and 13F filings through the Quiver Quantitative API 13F endpoint.
Alphabet Inc. Congressional Stock Trading
Members of Congress have traded $GOOG stock 8 times in the past 6 months. Of those trades, 6 have been purchases and 2 have been sales.
Here’s a breakdown of recent trading of $GOOG stock by members of Congress over the last 6 months:
- SENATOR JERRY MORAN has traded it 2 times. They made 1 purchase worth up to $15,000 on 06/23 and 1 sale worth up to $15,000 on 05/27.
- REPRESENTATIVE CLEO FIELDS has traded it 2 times. They made 2 purchases worth up to $30,000 on 06/15, 03/16 and 0 sales.
- REPRESENTATIVE DAN CRENSHAW sold up to $15,000 on 06/01.
- SENATOR ALAN ARMSTRONG has traded it 2 times. They made 2 purchases worth up to $115,000 on 03/30, 03/27 and 0 sales.
- SENATOR JOHN FETTERMAN purchased up to $15,000 on 03/30.
To track congressional stock trading, check out Quiver Quantitative's congressional trading dashboard. You can access data on congressional stock trades through the Quiver Quantitative API Congress trades endpoint.
Alphabet Inc. Price Targets
Multiple analysts have issued price targets for $GOOG recently. We have seen 6 analysts offer price targets for $GOOG in the last 6 months, with a median target of $447.5.
Here are some recent targets:
- John Blackledge from TD Cowen set a target price of $475.0 on 06/09/2026
- Jason Helfstein from Oppenheimer set a target price of $445.0 on 05/15/2026
- Nat Schindler from Scotiabank set a target price of $450.0 on 04/30/2026
- Rajat Gupta from JP Morgan set a target price of $460.0 on 04/30/2026
- Stephen Ju from UBS set a target price of $348.0 on 02/12/2026
