Alphabet (NASDAQ:GOOGL) has captured headlines once again as it joins the exclusive $3 trillion market cap club. Alphabet stock surged to a fresh 52-week high of $256 in September 2025, fueled by easing regulatory risks, booming cloud revenues, and accelerating adoption of its artificial intelligence (AI) products. Investors are now asking: is Alphabet stock 2025 still worth buying at these elevated levels?
About Alphabet Stock 2025
Headquartered in Mountain View, California, Alphabet has redefined the technology landscape. Beyond its dominance in search, the company has built strong businesses in YouTube, Google Cloud, and autonomous driving (Waymo). With a market capitalization north of $3 trillion, Alphabet stands shoulder to shoulder with Apple (NASDAQ:AAPL), Microsoft (NASDAQ:MSFT), and Nvidia (NASDAQ:NVDA) as one of the world’s most valuable companies.
Alphabet stock 2025 has advanced 34% year-to-date (YTD) and 56% over the past 12 months. Much of this momentum was sparked by a favorable September antitrust ruling that allowed Google to keep core assets like Chrome and Android, while requiring only limited contract adjustments.
Alphabet’s Q2 2025 Earnings Strength
In July 2025, Alphabet reported second-quarter results that reinforced its position as a global tech leader. Revenue came in at $96.4 billion, up 14% year-over-year (YOY). Net income climbed 19% to $28.2 billion, and earnings per share (EPS) rose 22% to $2.31, beating Wall Street estimates.
-
Google Services: Delivered $82.5 billion in revenue, growing 12% YOY thanks to strength in Search, YouTube ads, subscriptions, and devices.
-
Google Cloud: Surged 32% YOY to $13.6 billion, with annualized revenue now above $50 billion.
-
AI products: Tools like AI Overviews and AI Mode are rapidly gaining traction, reaching adoption levels close to Google Search itself.
To support this momentum, Alphabet boosted its 2025 capital expenditures to $85 billion, focused on servers, data centers, and AI infrastructure.
Analyst Forecasts for Alphabet Stock 2025
Wall Street remains highly bullish on Alphabet stock 2025. Analysts forecast fiscal 2025 EPS of $9.97, a 24% YOY jump, with 2026 EPS expected to rise another 7% to $10.63.
-
TD Cowen recently raised its price target to $270 from $240 while maintaining a “Buy” rating.
-
Evercore ISI boosted its target from $240 to $300, noting the potential of Google’s generative AI advances, YouTube revenue growth, and Waymo’s robotaxi rollout.
Of the 54 analysts covering GOOGL, 40 rate it a “Strong Buy,” five call it a “Moderate Buy,” and nine have a “Hold” rating. The consensus target price sits around $239, but the Street-high forecast of $300 implies nearly 19% upside from current levels.
Is Alphabet Stock 2025 a Buy?
Alphabet stock 2025 trades at about 25 times forward earnings — a premium compared to sector averages, but investors appear willing to pay up for its AI-driven growth potential. While regulatory risks remain a long-term overhang, the company’s diversified revenue streams, robust balance sheet, and AI innovation give it a strong edge over competitors.
For investors seeking exposure to mega-cap technology and artificial intelligence, Alphabet stock remains one of the most compelling plays in the market. With earnings momentum, bullish analyst forecasts, and significant AI-driven tailwinds, GOOGL could still have room to run in 2025.
Looking ahead, much will depend on how effectively Alphabet scales its AI and cloud capabilities while navigating regulatory scrutiny. If management continues to balance growth with compliance, Alphabet stock 2025 could serve as both a growth vehicle and a defensive anchor in tech-heavy portfolios, making it a strategic buy for long-term investors.
Featured Image: Megapixl ©Vladsseven
