Alphabet Stock Outlook: Is Wall Street Bullish or Bearish?
From Nasdaq: 2025-05-01 10:52:00
Alphabet Inc. (GOOGL), with a market cap of $1.9 trillion, operates globally through Google Services, Google Cloud, and Other Bets segments, diversifying beyond search to cloud computing, streaming, autonomous vehicles, and healthcare. Shares have underperformed the market, down 2.5% in the past 52 weeks and 16.1% YTD.
Following a strong Q1 2025 earnings release, GOOGL shares rose 1.7%. Revenue grew 12% to $90.2 billion, with a 49% increase in EPS to $2.81, beating analyst estimates. Expectations are for a 17.3% EPS growth in 2025, supported by advanced AI models and strong user engagement. Analyst consensus is a “Strong Buy.”
Tigress Financial raised Alphabet’s price target to $240, citing AI innovation and full-stack development driving growth in advertising, cloud, revenue, and shareholder value. GOOGL is currently trading below the mean price target of $200.75, with a Street-high target of $240 implying a 51.1% potential upside.
Read more at Nasdaq: Alphabet Stock Outlook: Is Wall Street Bullish or Bearish?