Alphabet’s (Googl) AI strategy drives growth, but analysts still see the possibility of breaking up


Alphabet Inc. (NASDAQ:googl) is one of Trend AI is in stock on Wall Street. On July 24th, Da Davidson analyst Gil Luria raised the stock price target from $160 to $180, maintaining the stock’s “neutral” rating.

Alphabet’s second quarter revenues were better than expected, with revenues accelerating across the board, according to analysts. The company highlighted that Alphabet’s management continues to highlight the positive impact of the “full-stack AI approach.” This approach has helped recruit the entire company’s various business lines.

The company’s search business witnessed double-digit growth and reflects the strong quarter it had. Google Cloud is also accelerating, which has contributed to even more positive results.

Alphabet's (Googl) AI strategy drives growth, but analysts still see the possibility of breaking up
Alphabet’s (Googl) AI strategy drives growth, but analysts still see the possibility of breaking up

Pixa Bay/Public Domain

However, the company continues to believe that by disbanding its business, it will allow investors to own the components they want. It also helps to unlock additional shareholder value that is not currently reflected in the currently combined entities.

Alphabet Inc. (NASDAQ: GOOGL) is an American multinational technology conglomerate holding company that owns the internet giant Google.

Although we acknowledge the potential of GOOGL as an investment, we believe certain AI stocks offer greater potential for a rise and pose a risk of a decline. If you’re looking for a highly undervalued AI stock that can make a significant profit from the tariff and supervision trends of the Trump era, check out our free report. Best Short-Term AI Stocks.

Read next: 10 All AI stocks look closely and Ten AI stocks are making waves on Wall Street

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