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Analyst predicts 70% cloud growth for Alphabet ahead of strong Q2 earnings report

Analyst Insights
16 Jul 2026
Benzinga
View Source
Bullish
pluang ai news

BofA Securities analyst Justin Post expects Alphabet to report strong Q2 results driven by 70% cloud growth, steady search revenue, and AI-related gains. He maintains a Buy rating with a $430 price target, forecasting Q2 revenue of $102.1 billion and EPS of $8.38, both above Street estimates. Post also raised his 2026 revenue and EPS forecasts, citing Alphabet's strong AI assets and cloud backlog as key growth drivers. Investors should watch for commentary on search growth, cloud margins, and capital spending during the earnings call.

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