StocksMediumUpdated•Originally published 28 October 2026•Updated 28 October 2026•
1 min read
Alphabet Q3 Earnings in Focus as Analysts Project $128.2 Billion Revenue
Key Facts
1Alphabet shares rose on Wednesday ahead of the company's third-quarter earnings release.
2Reports suggest that OpenAI is planning to purchase Google's AI chips.
Alphabet is scheduled to report its third-quarter financial results after the market close today, October 28, 2026. Analysts expect the company to post earnings per share of $3.02 on revenue of $128.2 billion, reflecting a projected 25% year-over-year growth rate.
The earnings release follows reports from Benzinga that OpenAI plans to procure Google's proprietary AI chips, a move that bolstered investor sentiment. GOOGL closed at $320.58 on October 27, 2026, while peer stocks MSFT and META closed at $531.33 and $620.19, respectively, on the same date.