Google stock (GOOGL) has surged nearly 70% in the past year, leading to speculation among investors about holding or selling. Despite its leap from $160 to over $300, analysts assert that Alphabet’s robust fundamentals justify staying invested. Bill Nygren from Oakmark Funds highlighted that the stock remains undervalued. Alphabet’s execution of its AI strategy has proven successful, with four consecutive earnings beats and significant profit growth. Analysts project Google Cloud’s revenue to reach $75 billion by 2026, bolstered by substantial investments in AI infrastructure. The recent launch of Gemini 3 further cements Alphabet’s competitive edge in the AI landscape. With a Strong Buy consensus from 38 analysts—31 recommending a Buy—Alphabet is considered a strong investment option. The average 12-month price target for GOOGL is $312, indicating a potential upside. Overall, Alphabet continues to signal strong growth prospects, positioning itself as a leading player in AI innovation.
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