J.P. Morgan updated its model for Alphabet Inc. to account for 2Q26 debt and equity financing. Forecasts for operating income remain steady, with minor adjustments to EPS and cash flow metrics.
Key Takeaways
- 1.Alphabet updated its model to reflect 2Q debt and equity raises.
- 2.Revenue and operating income estimates remain unchanged.
- 3.GAAP EPS and FCF projections show modest changes due to interest and share dilution.
Table of Contents
- Alphabet Inc.
- Adjusting Estimates
- Model Pages
- Investment Thesis, Valuation and Risks
- Alphabet: Summary of Financials
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Authors
Doug AnmuthDae K LeeMargaret Hoffman
Securities
GOOGLGOOG
Themes
Generative AI
Regions
North AmericaUnited States