Alphabet focuses on AI, plans to acquire Wiz, and expand Waymo

From Nasdaq: 2025-04-15 15:00:00

Alphabet (GOOGL) is focusing on AI to drive growth, with revenues hitting $264.59 billion in 2024. Google Cloud surged 30% to $12 billion, with plans to acquire Wiz for $32 billion. Waymo is expanding to Japan, Austin, Atlanta, and Miami, with plans for Washington D.C. in 2026.

GOOGL is investing $75 billion in cloud infrastructure in 2025. The company unveiled Ironwood and Cloud WAN. Alphabet’s AI initiatives are expected to boost growth. The Wiz acquisition will enhance Google Cloud’s security offerings. Google Cloud accounted for 12.4% of total revenues in 2024, growing 30.6% over 2023.

Alphabet’s stock is trading at a premium, with a forward 12-month Price/Sales ratio of 5.73X. The stock is currently below the 50-day and 200-day moving averages. Alphabet’s strong position in search engines and cloud computing are long-term drivers.

Alphabet shares have an average earnings surprise of 11.57% in the past four quarters. The Zacks Consensus Estimate for Q1 2025 is $2.04 per share, with a 6.88% YoY growth. The consensus for 2025 is $8.93 per share, with an 11.07% YoY growth.

Alphabet’s GenAI capabilities and cloud investments present growth opportunities amid competition and regulatory challenges. The stock is currently a Zacks Rank #3 (Hold). Experts recommend monitoring GOOGL for a more favorable entry point. Consider exploring the 7 Best Stocks for the Next 30 Days for potential investment opportunities.



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