Alphabet Inc. (NASDAQ: GOOGL) may still be known as Google to most of the public and investing community alike. What is also becoming clearer at this point is that Alphabet has managed to shake off its “AI cloud” as fears that ChatGPT, Claude and other AI search is stealing away Google’s market share in search. Google and the rest of Alphabet have AI plans of their own and the stock continued to rise in a post-earnings reaction.
Alphabet reported record revenues and profit in the Q3/2025 report. It beat estimates and raised its AI/cloud capital spending guidance to $91 billion to $93 billion. Wall Street was enthralled with Alphabet’s quarterly report.
Alphabet had peaked around $204 earlier in 2025, but a weak market and fears of competition for core search and ad revenues had taken its stock down to $145 during the selling zenith in April. Its shares had risen 89% from April’s lows heading into this earnings report.
Oggonomics has tracked more than 20 analyst price target hikes. Most analysts on Wall Street have positive “Buy” or “Outperform” equivalent ratings. And the firms that have “Hold” or “Neutral” ratings also still raised their price targets. As of the close of Thursday’s trading, there were no formal analyst downgrades and no price target cuts.
Here were the major brokerage firm analyst price target changes seen on Thursday’s post-earnings trading session:
- BofA Securities (Buy) price objective raised to $335 from $280
- Barclays (Overweight) price target raised to $315 from $250
- Bernstein (Market Perform) price target raised to $305 from $260
- Canaccord Genuity (Buy) price target raised to $330 from $270
- Cantor Fitzgerald (Neutral) price target raised to $310 from $265
- Citigroup (Buy) price target raised to $343 from $280
- D.A. Davidson (Neutral) price target raised to $300 from $190
- Evercore ISI (Outperform) price target raised to $325 from $300
- Goldman Sachs (Buy) price target raised to $330 from $288
- Jefferies (Buy) price target raised to $320 from $285
- JP Morgan (Overweight) price target raised to $340 from $300
- KeyBanc Capital Markets (Overweight) price target raised to $330 from $300
- Morgan Stanley (Overweight) price target raised to $330 from $270
- Needham (Buy) price target raised to $330 from $260
- Piper Sandler (Buy) price target raised to $330 from $285
- Rosenblatt (Neutral) price target raised to $279 from $224
- Scotiabank (Sector Outperform) price target raised to $336 from $310
- Truist Securities (Buy) price target raised to $320 from $285
- UBS (Neutral) price target raised to $306 from $255
- Wedbush (Outperform) price target raised to $320 from $245
- Wells Fargo (Equal-Weight) price target raised to $268 from $236
- Wolfe Research (Outperform) price target raised to $350 from $290
Alphabet closed up 2.5% at $281.48 on Thursday, with an intraday high of $291.47. Those marked all-time highs for Alphabet’s closing price and for its intraday high. Alphabet’s value was $3.4 trillion at the close, and the stock was up 48.7% YTD and up 68.8% from a year ago.
Please note that the above analyst ratings and targets mentioned in this reporting are from each brokerage firm by name. Oggonomics does not have any formal rating or price target of its own for Alphabet.
