Google-parent Alphabet reported fourth quarter sales that missed analyst’ expectations, amid an ongoing reduction in marketing spending from clients globally. The company also mentioned a multi-billion hit to current quarter earnings due to its recent round of job cuts.
Fourth-quarter 2022 earnings of $1.05 per share missed the FactSet consensus estimate of $1.18 a share.
For the three months ending in December, revenues rose 1% to $76 billion, around $620 million shy of the Street expectations.
Revenues from the Google services business fell -2.2% year over year to $67.84 billion (89.2% of the total revenues). Search revenues from Google-owned sites dipped -1.6% year over year to $42.6 billion.
Google said revenues from YouTube slipped -7.7% to around $7.96 billion while overall ad sales fell - 3.6% to $59.04 billion.
Total Google advertising revenues were down -3.6% year over year to $59.04 billion ( 77.6% of the total revenues).
Alphabet mentioned that it expects to incur employee severance and related charges of $1.9 billion to $2.3 billion from the layoff of 12,000 people.
On October 06, 2026, the Stochastic Oscillator for GOOG moved out of oversold territory and this could be a bullish sign for the stock. Traders may want to buy the stock or buy call options. Tickeron's A.I.dvisor looked at 54 instances where the indicator left the oversold zone. In 39 of the 54 cases the stock moved higher in the following days. This puts the odds of a move higher at over 72%.
The Momentum Indicator moved above the 0 level on October 07, 2026. You may want to consider a long position or call options on GOOG as a result. In 53 of 77 past instances where the momentum indicator moved above 0, the stock continued to climb. The odds of a continued upward trend are 69%.
The Moving Average Convergence Divergence (MACD) for GOOG just turned positive on October 05, 2026. Looking at past instances where GOOG's MACD turned positive, the stock continued to rise in 34 of 52 cases over the following month. The odds of a continued upward trend are 65%.
GOOG moved above its 50-day moving average on October 05, 2026 date and that indicates a change from a downward trend to an upward trend.
Following a +1.03% 3-day Advance, the price is estimated to grow further. Considering data from situations where GOOG advanced for three days, in 239 of 351 cases, the price rose further within the following month. The odds of a continued upward trend are 68%.
The 10-day moving average for GOOG crossed bearishly below the 50-day moving average on October 01, 2026. This indicates that the trend has shifted lower and could be considered a sell signal. In 10 of 15 past instances when the 10-day crossed below the 50-day, the stock continued to move higher over the following month. The odds of a continued downward trend are 67%.
Following a 3-day decline, the stock is projected to fall further. Considering past instances where GOOG declined for three days, the price rose further in 50 of 62 cases within the following month. The odds of a continued downward trend are 61%.
GOOG broke above its upper Bollinger Band on September 21, 2026. This could be a sign that the stock is set to drop as the stock moves back below the upper band and toward the middle band. You may want to consider selling the stock or exploring put options.
The Aroon Indicator for GOOG entered a downward trend on September 16, 2026. This could indicate a strong downward move is ahead for the stock. Traders may want to consider selling the stock or buying put options.
The Tickeron Seasonality Score of 2 (best 1 - 100 worst) indicates that the company is seriously undervalued in the industry. The Tickeron Seasonality score describes the variance of predictable price changes around the same period every calendar year. These changes can be tied to a specific month, quarter, holiday or vacation period, as well as a meteorological or growing season.
The Tickeron Profit vs. Risk Rating rating for this company is 3 (best 1 - 100 worst), indicating low risk on high returns. The average Profit vs. Risk Rating rating for the industry is 94, placing this stock better than average.
The Tickeron SMR rating for this company is 21 (best 1 - 100 worst), indicating very strong sales and a profitable business model. SMR (Sales, Margin, Return on Equity) rating is based on comparative analysis of weighted Sales, Income Margin and Return on Equity values compared against S&P 500 index constituents. The weighted SMR value is a proprietary formula developed by Tickeron and represents an overall profitability measure for a stock.
The Tickeron Valuation Rating of 33 (best 1 - 100 worst) indicates that the company is slightly undervalued in the industry. This rating compares market capitalization estimated by our proprietary formula with the current market capitalization. This rating is based on the following metrics, as compared to industry averages: P/B Ratio (6.662) is normal, around the industry mean (1.332). P/E Ratio (17.018) is within average values for comparable stocks, (412.981). Projected Growth (PEG Ratio) (1.212) is also within normal values, averaging (17.274). Dividend Yield (0.002) settles around the average of (0.015) among similar stocks. P/S Ratio (9.320) is also within normal values, averaging (71.888).
The Tickeron Price Growth Rating for this company is 44 (best 1 - 100 worst), indicating steady price growth. GOOG’s price grows at a higher rate over the last 12 months as compared to S&P 500 index constituents.
The Tickeron PE Growth Rating for this company is 82 (best 1 - 100 worst), pointing to worse than average earnings growth. The PE Growth rating is based on a comparative analysis of stock PE ratio increase over the last 12 months compared against S&P 500 index constituents.
The average fundamental analysis ratings, where 1 is best and 100 is worst, are as follows
a holding company with interests in software, health care, transportation and other technologies
Industry InternetSoftwareServices