Analyst confidence in Alphabet Inc.’s (GOOGL) AI strategy and search business is growing, with Loop Capital upgrading its rating and increasing price target. Concerns about AI disruption have largely disappeared, and Google Cloud’s positioning and commercial opportunities are on the rise. Mizuho also expressed optimism, calling Alphabet the “most liked and owned name” in the AI game. The company is seen as having the technology to dominate AI into next year. While GOOGL is a strong investment, other AI stocks may offer greater upside potential and less downside risk.

Alphabet Inc. (GOOGL) is a leading American multinational technology company, known for products like Search, Ads, Chrome, and YouTube. Specializing in areas like AI, cloud computing, and hardware, GOOGL is a key player in the tech industry.

Investors are bullish on Alphabet Inc. (GOOGL) and confident in its AI dominance, according to Mizuho’s feedback from portfolio managers. The company is poised to continue leading the AI sector next year.

Loop Capital’s Managing Director, Rob Sanderson, notes that Alphabet Inc.’s (GOOGL) search business remains strong, with traffic to Gemini doubling compared to last year. The firm also sees growing recognition of Google Cloud’s positioning and the commercial potential of the company’s AI chips.

Citi reiterated its Buy rating on Alphabet Inc. (GOOGL) with a price target of $343, highlighting the company’s position as one of the top-performing AI stocks heading into 2026. Loop Capital also upgraded its rating on GOOGL, citing the resilience of its search business under AI cannibalization and transition risk.

Read more at Yahoo Finance: Analyst Confidence Grows in Alphabet’s (GOOGL) AI Strategy and Search Business