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Alphabet had a massive quarter, and everyone thinks the stock is going well above $1,000

Steve KovachJul 25, 2017, 19:17 IST

Alphabet's Google holds annual I/O developers conference in Mountain View, CaliforniaThomson Reuters

It was another huge quarter for Google's parent company Alphabet.

With over $26 billion in revenue, that record-breaking $2.7 billion EU fine seemed like a drop in the bucket.

But the stock still dipped in after-hours trading following Monday's earnings report due to concerns over Google's rising traffic acquisition costs (TAC) as more users perform searches on mobile devices.

The stock was down about 2% early Tuesday.

Still, analysts remain bullish on Alphabet's future. Here's a roundup of what everyone is saying following Alphabet's latest earnings report.