- UBS raises Alphabet's (NASDAQ: GOOGL) price target to $380.00, with shares trading 7.4% below this new target.
- Alphabet is advancing its AI strategy, with Google DeepMind and Google Cloud planning to provide European researchers access to advanced AI models.
- Alphabet has consistently generated more revenue than Meta Platforms (NASDAQ: META) over the past eight quarters, highlighting its strong financial position.
Alphabet (NASDAQ: GOOGL) is Alphabet’s stock. Alphabet owns Google, which earns most of its revenue from ads on Search and video properties. UBS raises its price target for Alphabet to $380.00 from $379.00. At $353.78, the shares trade about 7.4% below the new target. A price target is an analyst’s estimate, not a guaranteed future price.
Alphabet also sells cloud services and consumer devices. Its Google DeepMind and Google Cloud units plan to give European researchers access to advanced AI models, as highlighted by Reuters. The report does not say which models researchers can use or when access begins.
Alphabet generates more revenue than rival Meta Platforms (NASDAQ: META) in each of the past eight quarters, as highlighted by The Motley Fool. Revenue is the money a company brings in before expenses. Both companies generally report rising revenue, with peaks in the final quarter of each calendar year.
Google introduces the Pixel 11 series and updates its operating-system integrations between July and October 2026. It also faces a proposed U.S. antitrust remedy framework for its search business. Meanwhile, Microsoft (NASDAQ: MSFT) plans to expand its own AI processors, showing how large technology companies seek more control over the chips behind their products.
Alphabet is up $1.06, or 0.30%, at $353.78. It trades between $351.60 and $358.58 during the day and has a 52-week range of $244.15 to $408.61. Alphabet’s market capitalization—the total value of its shares—is about $4.28 trillion, with roughly 22.3 million shares traded.
