Alphabet, 6buy recommendation before … cloud customer backlog 4,620billion dollars disclosed
Alphabet 6was recommended as a buy before. 1quarterly revenue 22% and Google Cloud revenue 63% while its customer backlog was reported at 4,620billion dollars.
Alphabet 6was recommended as a buy before. The recommendation indicated an investment timing 6before. Specific reasons related to the recommendation were also presented.
The company 1reported in its quarterly results that revenue 22% increased. The quarterly report included performance by revenue item. The presentation materials listed growth rates for each business segment.
Google Cloud revenue increased 63%. Google Cloud's customer backlog was disclosed at 4,620billion dollars. The company listed this figure in its quarterly report.
The company said it is expanding its AI capabilities in areas such as search, YouTube, and autonomous driving. The quarterly materials included updates on areas where AI is being applied. Specific product names and examples of applications were mentioned in the report.
The company disclosed that it plans2026in capital expenditure of1,800hundred million dollars to1,900hundred million dollars. This figure shows the scale of future investment in facilities. The capital expenditure plan was disclosed in the quarterly filing.
The current price-to-earnings ratio (P/E) was reported at29.6. The company said2028through, it forecasts annual earnings growth of17percent. The report presented an investment opinion based on these figures.
Sources: The Motley Fool
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