GOOGL Stock Recent News

The rise of technology companies has truly been the main economic story over the past couple of decades. One business that has been a key part of this trend is none other than Alphabet (GOOGL) (GOOG 0.21%), parent of Google and Youtube.

Want to add some promising artificial intelligence (AI) stocks to your portfolio, without paying an obscene price? While many stocks are trading at inflated valuations, there are still many good options out there to consider, which can deliver strong returns for your portfolio.

The "Magnificent Seven" cohort was thus named by Bank of America analyst Michael Hartnett, describing some of the market's largest stocks today. This group has led the market forward over the past few years and has delivered fantastic returns to investors.

Alphabet Inc (NASDAQ:GOOG) continues to demonstrate resilience in the AI-driven search environment, prompting analysts at Bank of America to maintain their ‘Buy' rating and $200 price target. This implies upside of about 19% from Google's share price of $168 on Thursday afternoon.

Google appears fairly valued based on current metrics, but this is a conservative assessment that discounts significant upside potential. Breaking down the business, Search alone is worth at least $1 trillion, with the rest of Google trading at a reasonable multiple for its growth. Cloud, YouTube, and Waymo offer robust growth opportunities, making Google a unique growth investment with little downside.

Alphabet CEO Sundar Pichai said the company's investments in artificial intelligence will not stop it from adding engineers over the next year.

I just boosted my stake in Google, making it my portfolio's third biggest investment holding, behind Nvidia and Amazon. The company effortlessly beat analysts' expectations for revenue and diluted EPS in Q1 2025. Google maintains one of the strongest corporate balance sheets on the planet, which is evidenced by its AA+ credit rating from S&P on a stable outlook.

Cloud computing giants like MSFT, GOOGL, AMZN, and ANET are fueling digital transformation and investor opportunity.

After falling nearly 20% from their 52-week high, the stock has since rebounded, climbing roughly 20% from its 52-week low—a move that traditionally signals the entry into a new bull market.

In a Bloomberg interview tonight, Alphabet CEO Sundar Pichai pushed back against concerns that AI could eventually make half the company's 180,000-person workforce redundant. Instead, Pichai stressed the company's commitment to growth through at least next year.