HSBC has initiated coverage on Alphabet Inc (GOOGL) with a Buy rating as of October 6, 2025. This marks the firm’s first assessment of the company, reflecting its research on Alphabet's business, industry dynamics, and growth prospects.
Alphabet Inc, headquartered in Mountain View, California, is a major player in the media industry, employing 187,103 full-time staff. The company operates through various segments, including Google Services, Google Cloud, and Other Bets. Its offerings range from advertising and software to healthcare and transportation technologies. As of November 20, 2025, Alphabet boasts a market capitalisation of $3,535 billion, a P/E ratio of 28.45, and an EPS of $10.00.
The upcoming earnings report is scheduled for July 21, 2026, with an estimated EPS of $2.75 and projected revenues of $112.8 billion. Recent earnings performance has shown positive surprises, notably in Q3 2025, where EPS reached $3.10 against an estimate of $2.40, reflecting a 29.4% surprise.
Analyst ratings, such as this Buy rating from HSBC, provide insights based on extensive research and financial models. However, they are inherently based on assumptions that may not always materialise. Investors are encouraged to consider a range of factors, including company fundamentals and market conditions, when making decisions. Analyst opinions can vary and are subject to change as new information emerges.