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STOCKS | Alphabet Shares Seen as Undervalued Despite Higher AI Spending and Regulatory Pressure

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2026-07-03 15:09:23
Alphabet stock is being described as undervalued even as the company faces rising AI-related capital spending and ongoing regulatory pressure.

According to NS3.AI, the analysis points to Alphabet trading at a 26.9x forward price-to-earnings multiple.

The analysis also cites Alphabet’s near 38% net profit margin and reports Q1 2026 revenue of $109.9 billion as supporting data for the valuation view.
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