Eseandre Mordi
⬤ Alphabet shares pushed higher in premarket action following a bullish analyst call, climbing from $321.98 to around $323.71—a 0.5% gain. Cantor Fitzgerald upgraded the stock from Neutral to Overweight while bumping its price target from $310 to $370. The move signals growing confidence in Alphabet's competitive position and execution in artificial intelligence.
⬤ Cantor pointed out that Google ranked among the top-performing internet stocks in 2025, surging roughly 65% over the year. The analysts credited this rally to the Gemini AI model family's success, faster rollout of AI-powered search features, and strong user adoption of the Gemini app. They also noted that recent rulings in the US search antitrust case delivered relatively mild remedies, removing fears of forced asset sales or losing major partnerships.
⬤ Looking into 2026, Cantor sees Alphabet's fundamentals as rock-solid. The firm emphasized Google's presence across every layer of the AI stack—infrastructure, compute power, models, and applications. Alphabet runs dozens of data center campuses with more in the pipeline, keeps shipping advanced TPU hardware, and reaches billions of users through Search, Chrome, and Android. This wide reach puts GOOGL in prime position as AI shifts from hype to real-world use and revenue generation.
Eseandre Mordi
