The month of September has been a good one indeed for Alphabet (NASDAQ:GOOGL). The company’s share price has increased by some 16% over the past few weeks, following a positive regulatory ruling that won’t materially impact GOOGL’s operations.
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Of course, that’s not the only booster engine propelling the company upward, as the company’s Q2 2025 earnings report reflected a company surging forward at full blast. The company delivered both top- and bottom-line beats, while its revenues of $96.4 billion translated into a 14% year-over-year gain.
All told, GOOGL is up almost 60% during the past six months. After such a steep gain, should investors look to lock in profits now? Not according to top investor Dair Sansyzbayev, who believes there are plenty more gains up ahead.
“I’m still very optimistic about Google, and here’s why: the management’s execution is exceptionally effective and is rapidly expanding the company’s presence in AI,” says Sansyzbayev, who is among the top 3% of stock pros covered by TipRanks.
Sansyzbayev is particularly bullish about the company’s “rapid progress” pushing forward AI and cloud services. He notes that Alphabet’s Gemini AI model recently surpassed ChatGPT as the most downloaded free app, a positive sign indeed for those who had feared that the rise of the LLMs would lead to a decrease in revenues for the search engine giant.
The investor also points to other increases in usage for Alphabet products, including a survey that indicated 44% of companies adding a second cloud provider are choosing Google (up from 37% last year).
Alphabet is also expanding into other realms, such as with the personalized Google TV experience, which offers AI recommendations based on individual user preferences.
“I view this as a smart move: not only is this bound to boost user engagement, it will also build on Google’s data collection abilities and offer the company more advertising opportunities,” adds Sansyzbayev.
In addition, the Waymo autonomous driving push holds vast promise for Alphabet, asserts Sansyzbayev. Not only might this serve as another multibillion-dollar revenue source, but it represents a business opportunity beyond its cloud and ad operations.
In short, the investor believes that now is a great time to come on board.
“Add in a solid balance sheet and a hefty cash pillow complete with rising margins, and this is a company poised to take advantage of the opportunities in a rapidly growing market,” sums up Sansyzbayev, who rates GOOGL a Strong Buy. (To watch Sansyzbayev’s track record, click here)
That’s the spirit on Wall Street as well, as its 30 Buys and 8 Holds combine to give GOOGL a Strong Buy consensus rating. However, the recent bull run has heated up a bit beyond what many analysts were expecting, and GOOGL’s 12-month average price target of $244.14 implies scant movement in the year ahead. (See GOOGL stock forecast)
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Disclaimer: The opinions expressed in this article are solely those of the featured investor. The content is intended to be used for informational purposes only. It is very important to do your own analysis before making any investment.