Alphabet (GOOGL, GOOG) Set to Report Q4 Earnings Amid AI Successes

[Para 1: The Lead] Alphabet (GOOGL, GOOG) is poised to report its Q4 earnings after the bell on February 8, 2026, facing market scrutiny amid robust AI achievements. Analysts forecast a 15% revenue surge to $111.4 billion and a 20% earnings per share (EPS) increase to $2.65, buoyed by Google Cloud's 35% revenue growth to $16.2 billion. [Para 2-3: Supporting details & Context] Bloomberg consensus estimates predict Google Services revenue to climb 13% to $94.9 billion. Alphabet's stock may fluctuate up to 5% post-report, reflecting Wall Street's heightened optimism following AI deals with Meta (META), Anthropic (ANTH.PVT), and OpenAI (OPAI.PVT). The launch of Google's Gemini 3 AI model and a landmark deal with Apple have solidified Alphabet's AI leadership. Analysts, including Josh Beck from Raymond James, upgrade the stock's rating to Strong Buy, citing Google's full-stack AI provider advantage and the sale of TPUs to external customers. Market sentiment anticipates Alphabet to benefit from stronger ad demand and AI chip adoption.