Alphabet Inc. (NASDAQ: GOOGL) is one of the Most Profitable Stocks to Buy Now. On November 18, Rob Sanderson of Loop Capital Markets upgraded Alphabet Inc. (NASDAQ: GOOGL) from Hold to Buy and also raised the price target from $260 to $320.
The analyst noted that concerns about the use of AI in Google’s search revenue are diminishing. He noted that the company’s search revenue was healthier than ever, supported by AI insights and the new AI Mode feature. Additionally, the company highlighted that Gemini’s traffic share doubled year-over-year, alongside an improvement in the market position of Google Cloud and proprietary AI processors.
Earlier on October 29, Alphabet Inc. (NASDAQ: GOOGL) reported its third quarter 2025 results, which beat estimates. The company grew its revenue 15.95% year-over-year to $102.35 billion, beating estimates of $2.21 billion. Additionally, the EPS of $2.87 also beat the consensus of $0.61. Management attributed the growth to double-digit growth in its core businesses. During the quarter, Google Services revenue increased 14% to $87.1 billion, while Google Cloud revenue increased 34% to $15.2 billion, driven by growth in the Google Cloud Platform.
Alphabet Inc. (NASDAQ: GOOGL) is a holding company whose major segments include Google Services, Google Cloud and Other Bets.
While we recognize GOOGL’s potential as an investment, we believe certain AI stocks offer greater upside potential and carry less downside risk. If you’re looking for a hugely undervalued AI stock that also stands to benefit significantly from Trump-era tariffs and the reshoring trend, check out our free report on the best AI stock in the short term.
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Disclosure: None. This article was originally published on Initiated Monkey.
