Prediction: Alphabet Will Report Google Cloud Revenue Growth Exceeding 100% on Oct. 28.

Analyst predicts Alphabet's Google Cloud division will report over 100% revenue growth in Q3 2026, driven by accelerating capital expenditures, high capacity utilization, third-party capacity expansion, and growing TPU chip sales. Despite concerns about AI spending returns and negative free cash flow, Alphabet trades at a lower valuation multiple than competitors while growing faster, positioning it as an attractive cloud provider investment.