Google’s fiscal 2025-26 estimates bumped up on Cloud strength: Needham

Google’s (NASDAQ:GOOG)(NASDAQ:GOOGL) growing cloud business prompted the analysts at Needham to increase its revenue estimates for fourth quarter 2024 as well as fiscal years 2025 and 2026.

Needham increased its fourth quarter estimate by 1% to $96.4B, which would represent 12% year-over-year growth.