GOOG Google

BULLISH Impact: 5/10 COURT-RULING
Horizon immediate Filed May 13, 2026 Processed 1mo ago Court View Ruling on CourtListener
Court ruling (appellate)
Latest settled — T+5d
GOOG ▼ -3.54% at T+5d
LONG call ✗ call lost -3.54% · α vs SPY -2.38% · entry $399.04 → $384.90
Next anchor: T+20d due 3d ago
Currently $358.16 · -10.24% from $399.04 entry
Entry anchored
May 12, 06:41 PM ET
via Databento tick
T+1d
-0.46%
call -0.46% · α -1.24%
$397.19
settled 4w ago
T+5d
-3.54%
call -3.54% · α -2.38%
$384.90
settled 25d ago
T+20d
call — · α —
due 3d ago
T+60d
call — · α —
in 8w

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Executive Summary

The Federal Circuit affirmed the PTAB's invalidation of five Flypsi patents challenged by Google in inter partes review, ruling against Flypsi and in favor of Google. This nonprecedential per curiam affirmance eliminates patent infringement risk from Flypsi's asserted patents, removing a source of litigation overhang for Google's advertising or related technologies.

Court Ruling Details

Ruling Date
May 13, 2026
Court
Court of Appeals for the Federal Circuit
Court Level
Appellate
Judge
Reyna, Mayer, Hughes
Case Type
patent
Ruling Type
final judgment
Outcome
WIN — ruling favors this company
Will It Be Appealed?
Unlikely
Precedent Risk
LOW

Actionable Insight

This ruling removes a patent litigation overhang for Google. While the patents were not Google's core IP, the affirmance reduces legal uncertainty and potential royalty exposure. Monitor for any further appeals (unlikely given nonprecedential status) and for any related IPRs or district court cases involving Flypsi.

Key Facts

  • Federal Circuit affirmed PTAB decisions in five IPRs (IPR2023-00357 through IPR2023-00361) invalidating Flypsi's patents
  • Ruling is nonprecedential and per curiam under Fed. Cir. R. 36 (summary affirmance)
  • Google was the appellee and prevailed in all five appeals
  • Flypsi (appellant) had argued for reversal but the court found no error

Financial Impact

No damages or monetary award; litigation risk from Flypsi's patent assertions eliminated. Potential avoided liability could be material if Flypsi sought injunctive relief or royalties, but no specific dollar figures disclosed.

litigation_expenselegal_risk

Risk Factors

  • Flypsi could seek certiorari, though unlikely given nonprecedential summary affirmance
  • Other patent assertions against Google in similar technology areas remain possible

Market Snapshot

Exchange
Nasdaq
Sector
Services-Computer Programming, Data Processing, Etc.
Analyst Consensus
89% bullish (70 analysts)

Documents Analyzed

This report is based on 1 court opinion from CourtListener.

DocumentAccession Number
COURT-RULING Data (Synthetic)court-2mtbgrqo-GOOG
31 reports for GOOG
Performance horizon
100% Hit rate 7 of 7 directional calls best @ T+20▲ +19.93%Apr 16, 2026
Filters
Rows
Reports for GOOG — sortable, filterable
Type Now
Jun 8, 2026
5d ago
Court Ruling
BULLISH ★ 6/10
$362.50 awaiting T+1awaiting T+1$358.16 (−1.20%)
Jun 5, 2026
7d ago
8-K
BEARISH ★ 7/10
$363.38 awaiting T+1awaiting T+1$358.16 (+1.44%)
Jun 5, 2026
8d ago
Court Ruling
BULLISH ★ 5/10
$368.00 awaiting T+1awaiting T+1$358.16 (−2.67%)
Jun 4, 2026
8d ago
8-K
BEARISH ★ 7/10
$363.38 awaiting T+1awaiting T+1$358.16 (+1.44%)
Jun 4, 2026
8d ago
424B5
BEARISH ★ 7/10
$363.38 awaiting T+1awaiting T+1$358.16 (+1.44%)
Jun 4, 2026
9d ago
424B5
BEARISH ★ 7/10
$369.30 $365.99▲ +0.90%▼ −1.70%$358.16 (+3.02%)
Jun 4, 2026
9d ago
Court Ruling
NEUTRAL ★ 1/10
$369.30 $365.99▼ −0.90%▲ +1.70%$358.16 (−3.02%)
Jun 2, 2026
11d ago
424B5
NEUTRAL ★ 4/10
$358.33 $355.48▼ −0.80%▼ −0.07%$358.16 (−0.05%)
Jun 2, 2026
11d ago
424B5
BEARISH ★ 7/10
$358.33 $355.48▲ +0.80%▲ +0.07%$358.16 (+0.05%)
Jun 2, 2026
11d ago
424B5
MIXED ★ 6/10
$358.33 $355.48▼ −0.80%▼ −0.07%$358.16 (−0.05%)
Showing 10 of 31

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