Goldman Lifts Alphabet Target as AI Momentum Builds

Goldman Lifts Alphabet Target as AI Momentum Builds

Alphabet Inc. (NASDAQ:GOOGL) has emerged as one of the top 14 attractive stocks for investment according to recent assessments, especially following Goldman Sachs’ revised outlook on the company. On October 14, the investment firm raised its price target for Alphabet to $288 from the previous $234 while retaining a “Buy” rating. This adjustment reflects Goldman Sachs’ confidence in Alphabet’s position within the digital advertising market and its prowess in artificial intelligence.

The review from Goldman Sachs, part of a comprehensive analysis of upcoming third-quarter results for major digital advertising firms, highlighted Alphabet as a leading name among AI companies. Analysts noted that there is an increasing consensus among investors recognizing this position, which has been reflected in significant stock gains leading up to this report. In particular, Alphabet’s improved performance is attributed to rising usage of its AI-powered tools like Gemini and a more favorable outcome in the recent search antitrust verdict than initially anticipated.

The stock has shown remarkable growth in 2025, achieving a 33% year-to-date increase as of October 15. Alphabet, which owns prominent platforms such as Google Search, Google Maps, Gmail, and YouTube, continues to excel in various technology domains, including cloud and quantum computing.

While Alphabet is considered a solid investment opportunity, some analysts suggest that other AI companies may present higher upside potential with lower risk. Investors are encouraged to explore various options, including alternative undervalued AI stocks that could benefit from ongoing market trends.

The positive sentiment surrounding Alphabet’s stock and its innovations in digital advertising and AI underscores an optimistic future for the company and its shareholders.

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