- Alphabet reached a $3 trillion market cap for the first time, joining Apple, Microsoft, and NVIDIA.
- Shares rose 3.5% on Monday, following a favorable antitrust court decision.
- Google Cloud reported nearly 32% revenue growth in Q2, surpassing analyst forecasts.
- Wall Street analysts, including Citi, raised their price targets for Alphabet stock due to positive legal and business developments.
- Alphabet shares are up 31% in 2025, outperforming other major tech stocks.
Alphabet saw its stock price climb 3.5% at the start of the week, pushing its market value above $3 trillion for the first time. The company is now the fourth to reach this milestone, following Apple, Microsoft, and Nvidia. This increase happened shortly after a U.S. Federal Court decided the company would not need to sell its Chrome web browser after an antitrust case.
The company’s strong Q2 results contributed to this growth. According to official reports, Google’s cloud business posted a nearly 32% jump in revenue, beating analyst expectations. This performance is linked to Alphabet‘s investment in developing proprietary chips and its Gemini AI model.
Citi analysts raised their price target on Alphabet stock from $225 to $280, calling attention to an “improving legal landscape” and wider adoption of Google’s Artificial Intelligence offerings in advertising and cloud services. Over the past month, Alphabet shares have climbed more than 22%.
CNN also highlighted a positive outlook, collecting several bullish forecasts for Alphabet in the upcoming year. According to their analysis, the stock remains near its 52-week high and trades above its 200-day simple moving average, suggesting strong momentum. The platform assigns the stock a rating of “8/10” and projects a future price increase to $300, which would represent a 19.8% gain from current levels.
With recent advances, Alphabet is now up 31% in 2025, outpacing other top technology stocks like Microsoft and Apple. For further details on market trends, see CNN’s full forecast and the related report, Bill Ackman Portfolio 2025: $6B Bet on 3 AI Stocks Revealed.
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