Alphabet, the parent company of Google and other firms, operates globally, focusing on internet services, AI, consumer hardware, and more. The conglomerate structure manages diverse subsidiaries under one umbrella since 2015, with headquarters in Mountain View, California, and strong financial performance in recent years.

Alphabet’s stock (GOOGL) is trading near its 52-week high, up 73% over the past year, outperforming the S&P 500 Index. Third-quarter 2025 results showed revenue of $102.3 billion, above expectations, driven by strong ad and cloud performance. Operating income reached $31.2 billion, with a net income of $35 billion.

For 2025, Alphabet raised its capital expenditure guidance to $91-$93 billion, focusing on AI, data centers, and network infrastructure. Google Cloud’s backlog stands at approximately $155 billion, indicating strong AI and cloud commitments. Pivotal Research raised Alphabet’s price target to $400, citing multi-year cloud momentum and free cash flow acceleration.

Pivotal Research forecasts significant growth for Alphabet, with a 2026-2030 revenue CAGR of 11% and EBITDA growth of 14%+. The firm projects an annual free cash flow per share growth of roughly 26%. Alphabet is a highly rated stock on Wall Street, with a “Strong Buy” consensus and a mean price target of $326.42, reflecting a potential 2% upside from the current market rate.

Alphabet is part of the “Magnificent Seven” highly rated stocks on Wall Street, with 43 “Strong Buy,” four “Moderate Buy,” and seven “Hold” ratings from 54 analysts. The company remains a strong performer in the technology sector, attracting positive ratings and price targets from analysts.

Read more at Yahoo Finance: Google Just Got a New Street-High Price Target. Should You Buy It Here?