In 2025, Alphabet’s stock (GOOG) surged nearly 65%, marking one of its best years. Factors contributing to this rally included strong performance in search and cloud businesses and the growth of Tensor Processing Units (TPUs). Alphabet also won a major antitrust case and received a multi-billion-dollar investment from Berkshire Hathaway. Looking ahead to 2026, Alphabet remains optimistic with a growing subscription business and potential in AI initiatives. Analysts have a consensus target price of $327.81 for GOOG, but the stock’s rich valuations and rising AI capex could impact short-term earnings and free cash flows.

Overall, while Alphabet’s future looks promising, current valuations may not justify a new purchase at this time.

Read more at Barchart: GOOGL Stock Rocked in 2025, But Is Google’s 2026 Forecast as Bright?