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Zacks Investment Ideas feature highlights: Alphabet and Meta Platforms

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For Immediate Release

Chicago, IL – April 29, 2026 – Today, Zacks Investment Ideas feature highlights Alphabet (GOOGL - Free Report) and Meta Platforms (META - Free Report) .

META, GOOGL Earnings: Advertising Results Remain Key

We have entered the thick of the 2026 Q1 earnings season, with a stacked earnings schedule led by many members of the beloved Magnificent 7 group.

Alphabet and Meta Platforms are among those scheduled to unveil quarterly results. Advertising revenue is a significant chunk of each company's business and will undoubtedly be an important metric in the releases. Let's take a closer look at what's expected.

Meta's Sales Growth to Accelerate?

Earnings and revenue expectations for the upcoming release have drifted higher modestly over recent months for META, a positive takeaway heading into the release. Solid growth is expected for the tech giant, with earnings forecasted to climb 4.4% on 31% higher sales. Notably, the forecasted sales growth rate reflects a big acceleration relative to recent periods.

Concerning Advertising revenue, the Zacks Consensus Estimate presently stands at $54.3 billion, suggesting a sizable 31% growth rate from the year-ago period. The tech titan has regularly exceeded our expectations for this metric as of late, with the most recent beat totaling roughly $1 billion.

Alphabet Keeps Beating Expectations

Both EPS and sales expectations for Alphabet have seen bullish revisions over recent months, rising modestly from near the beginning of February. Earnings are forecasted to fall 6% YoY, whereas sales are expected to see a strong 20.5% charge higher. Like META, the forecasted sales growth rate reflects an acceleration relative to recent periods, continuing an established trend we've seen since the end of 2022.

The Zacks Consensus estimate for Advertising revenue stands at $76.9 billion, nearly 15% higher than the year-ago mark of $66.9 billion. The company has continued to positively surprise concerning its advertising results, stringing together six consecutive beats.

Bottom Line

Earnings season kicks into a much higher gear this week, with a wide variety of companies scheduled to report quarterly results.

Among the bunch are two Magnificent 7 members: Alphabet and Meta Platforms. Their respective advertising results will be important metrics to watch in their releases, given the heavy top-line contributions, though it's worth noting that each has yet to negatively surprise on the metric in years now.

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Past performance is no guarantee of future results. Inherent in any investment is the potential for loss. This material is being provided for informational purposes only and nothing herein constitutes investment, legal, accounting or tax advice, or a recommendation to buy, sell or hold a security. No recommendation or advice is being given as to whether any investment is suitable for a particular investor. It should not be assumed that any investments in securities, companies, sectors or markets identified and described were or will be profitable. All information is current as of the date of herein and is subject to change without notice. Any views or opinions expressed may not reflect those of the firm as a whole. Zacks Investment Research does not engage in investment banking, market making or asset management activities of any securities. These returns are from hypothetical portfolios consisting of stocks with Zacks Rank = 1 that were rebalanced monthly with zero transaction costs. These are not the returns of actual portfolios of stocks. The S&P 500 is an unmanaged index. Visit https://www.zacks.com/performancefor information about the performance numbers displayed in this press release.

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