Needham analyst Laura Martin has maintained their bullish stance on GOOGL stock, giving a Buy rating today.
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Laura Martin has given her Buy rating due to a combination of factors including Alphabet’s strong financial performance and strategic positioning. In the second quarter of 2025, Alphabet reported revenues of $96.4 billion, which marked a 14% increase year-over-year and exceeded expectations by 3%. Operating income also rose by 14% year-over-year to $31.3 billion, while earnings per share increased by 22% to $2.31, surpassing estimates by 7%.
Alphabet’s leadership in various sectors such as Search, Streaming, Mobile, Cloud, and Autonomous driving further supports the Buy rating. The company’s robust growth in search ad revenue, cloud revenue, and YouTube revenue highlights its strong market presence. Additionally, the valuation of YouTube as a significant portion of Alphabet’s share price suggests potential upside. The company’s price-to-earnings ratio is also attractive, being 15% below the S&P 500 average, making it an inexpensive investment opportunity.
In another report released today, Barclays also maintained a Buy rating on the stock with a $235.00 price target.