Alphabet Stock Expected to Swing Over 5% After Q4 Earnings

Alphabet (GOOGL) is set to report fourth-quarter results after market close on Wednesday, February 4, 2026, with options pricing implying a potential move of more than 5% from Monday’s close near $345. That suggests a post-earnings trading range between approximately $328 and $362. The stock has already surged 25% since its October 2025 earnings beat, which marked its first quarter exceeding $100 billion in revenue. Analysts project Q4 revenue of $111.37 billion (up 15% year-over-year) and adjusted EPS of $3.09 (up over 20%). HSBC highlights investor focus on Google Cloud’s AI capacity, search growth, AI Mode adoption, 2026 capex plans, and Apple’s integration of Gemini into Siri. Of 15 analysts tracked by Visible Alpha, 12 rate GOOGL a “buy,” with an average price target of $350.