Alphabet GOOGL posts record Q3 results, first $100 billion quarter, driven by AI innovation and robust advertising growth. Stock up +50% in 2025, challenging Nvidia for top YTD gains in Mag 7. Google Cloud’s 34% growth slightly edges Microsoft Azure, closing gap as third-largest cloud provider.

Alphabet’s Q3 sales rise 17% to $84.47 billion, beating estimates by 3%. EPS soars 35% YoY to $2.87, surpassing expectations by 27%. CEO Pichai expects sustained double-digit growth, signaling aggressive expansion in AI endeavors. Recent multi-billion-dollar deal with Anthropic for up to 1million TPUs.

Alphabet’s valuation: 27X forward earnings multiple is second cheapest among Mag 7. Price to forward sales ratio of 8X is second most reasonable behind Amazon. Average Zacks Price Target of $266.60 surpassed by new targets as high as $350 from firms like Goldman Sachs, JPMorgan, and Barclays.

Director of Research at Zacks Investment Research believes one stock has money-doubling potential, superior to previous recommendations like Hims & Hers Health. To see top stock to double and 4 runners-up, click the link. Notable firms like Goldman Sachs, JPMorgan, and Wells Fargo have raised their price targets for Alphabet following strong Q3 results.

Read more at Nasdaq: Buy the Spike in Alphabet Stock After Its First $100 Billion Quarter?