Alphabet Inc (GOOG)
Opinion | AI Wins the Google Antitrust Suit
A judge declines to break up the company, as artificial intelligence transforms search.
Alphabet price target boosted after legal win
Wall Street analysts moved quickly to raise price targets on Google's parent company Alphabet Inc (NASDAQ:GOOG) after a US District Court issued a broadly favorable ruling on antitrust remedies, with both Wedbush and Oppenheimer framing the decision as a decisive win for the company. Wedbush said the Department of Justice's case “folded like a cheap suit,” lifting its price target to $245 from $205 while reiterating an ‘Outperform' rating.
Wall Street steadies with a boost from Alphabet
Wall Street is steadying on Wednesday as Alphabet and other technology stocks rise.
Alphabet: The Market Is Slowly Getting It (But Only Halfway There)
Alphabet Inc.
Alphabet: How Generative AI Saved Google Search At Court
Judge Mehta's ruling in the Alphabet Inc. case removes the antitrust overhang for GOOGL stock, with minimal operational or financial impact expected in the short term. Alphabet remains undervalued, and I maintain a Strong Buy rating as the company leads innovation in AI search and continues to grow ad revenues. Profitability and margins remain robust despite AI-related cost concerns, supported by strong cloud, YouTube, and subscription growth.
Alphabet: The Good And The Bad From The Antitrust Remedy Ruling
The Alphabet Inc. antitrust remedy ruling removes the risk of forced Chrome divestment, lifting a major overhang and justifying GOOGL's rally and potential re-rating. Despite some required concessions, the ruling allows Google to largely operate as usual, preserving its core business and future growth prospects. Valuation remains attractive at 23x earnings, with strong momentum in search, cloud, and Other Bets, supporting my continued buy rating.
Impact of US judge's ruling on Google's search dominance
Google has escaped a breakup of its Chrome browser in a major US competition case, but the judge imposed remedies whose impact remains uncertain just as AI starts to compete with search engines.
Alphabet: Breakup Risk Is Dead, Wall Street Upgrades Are Just The Beginning
I reaffirm my Strong Buy rating on Alphabet Inc., as the antitrust ruling removes the breakup risk and preserves Chrome and the Apple deal. Regulatory clarity paves the way for multiple expansion, with Wall Street raising target prices and buybacks amplifying rerating potential. Alphabet remains undervalued versus peers despite double-digit growth, strong margins, and leadership in AI, Cloud, and digital distribution.
Google doesn't have to sell Chrome, and employees are celebrating
Google avoided a breakup in the antitrust remedies handed down Tuesday. Several employees celebrated internally with messages and memes.
GOOG Stock To $400?
Google's stock has rallied sharply—from about $88 in early 2023 to roughly $225 today, a 2.5x gain—yet it may still have considerable upside. What could lift the shares beyond $400 over the next few years?
Watch These Alphabet Price Levels as Stock Pops After Google Antitrust Win
Alphabet (GOOGL) shares jumped Wednesday after a federal judge ruled Google doesn't have to sell its flagship Chrome browser, alleviating worries it could be forced to break up its business.
Alphabet shares soar 8% after Google gets favorable antitrust ruling in landmark case
The stock popped 6% in premarket trading, adding tens of billions in market value within hours.
