Here’s How Much Alphabet Stock Is Expected to Move After Earnings on Wednesday

Alphabet (GOOGL) is scheduled to report fourth-quarter results after the market closes on Wednesday. Traders expect a substantial move in the shares after the report, potentially to new highs.

Current options pricing suggests that traders expect the stock to rise or fall by more than 5% from Monday’s close just under $345 by the end of the week. The low end of that range would be around $328, while the high end could mean a climb to around $362, extending the stock’s record run.

The Google and YouTube parent’s stock has already set multiple record highs this year, rallying some 25% since last quarter’s report in late October, when Alphabet beat estimates and surpassed the $100 billion revenue mark for the first time.

For the fourth quarter, Alphabet’s revenue is projected to come in at $111.37 billion, up 15% year-over-year, while adjusted earnings per share are expected to grow more than 20% to $3.09.

HSBC analysts recently wrote that they will be looking for executive commentary on growing the capacity of Google Cloud to meet AI demand, growth numbers for overall searches and Google’s AI Mode, Alphabet’s 2026 capital expenditures, and updates on Apple (AAPL) using Google Gemini for its upgraded Siri and other AI features.

Analysts are largely bullish on the tech giant’s stock, with 12 of the 15 analysts with current ratings tracked by Visible Alpha calling Alphabet a “buy,” while three others call it a “hold.”

The stock is also expected by analysts to keep setting record highs, with Visible Alpha’s average price target at $350.