Alphabet Inc. (GOOG) Hit a 52 Week High, Can the Run Continue?

Core Viewpoint - Alphabet Inc. has demonstrated strong stock performance, with a 16% increase over the past month and a 53.9% rise since the beginning of the year, outperforming both the Zacks Computer and Technology sector and the Zacks Internet - Services industry [1] Financial Performance - In the last earnings report on October 29, 2025, Alphabet reported an EPS of $2.87, exceeding the consensus estimate of $2.26, and beat the revenue estimate by 2.95% [2] - For the current fiscal year, Alphabet is projected to achieve earnings of $10.52 per share on revenues of $340.32 billion, reflecting a 30.85% increase in EPS and a 15.32% increase in revenues [3] - For the next fiscal year, expected earnings are $10.94 per share on revenues of $387.9 billion, indicating a year-over-year change of 3.97% in EPS and 13.98% in revenues [3] Valuation Metrics - Alphabet's current valuation metrics indicate a premium, trading at 27.9X current fiscal year EPS estimates compared to the peer industry average of 18.6X, and at 30.9X trailing cash flow versus an average of 13.5X for its peer group [7] - The stock has a PEG ratio of 1.7, which does not place it among the top echelon of stocks from a value perspective [7] Zacks Rank and Style Scores - Alphabet holds a Zacks Rank of 2 (Buy), supported by favorable earnings estimate revisions from analysts [8] - The stock has a Value Score of D, while its Growth and Momentum Scores are both B, resulting in a combined VGM Score of B [6]