⚈ Alphabet beaten the expectations of the first quarter with a BPA of $ 2.81 and 90.23 billion dollars in income.
⚈ Analyst Ivan Feineseth has increased its Googl price target to $ 240 citing AI forces.
⚈ AI innovation and Apple partnership can stimulate Google Cloud advertising and growth.
On April 24, Google Parent Alphabet held its Q1 2025 Income Call – The results did not disappoint and Google Stock (Nasdaq: Googl) reacted positively to the news.
The quarterly report was a double beat, with two benefits per share (BPA) of $ 2.81 and revenues of $ 90.23 billion having exceeded consensus estimates at $ 2.01 and 89.12 billion dollars, respectively.
One day before calling for profits, Googl shares closed $ 159.28. In pre-commercial exchanges on May 1, Google shares changed hands at a price of $ 160.78, or 0.94% more, after having avoided the post-benefit decrease with many technological actions in the last quarter.
The profit has raised the feeling of investors and a Wall Street analyst recently revised its coverage, issuing a forecast that predicts a lot in the future.
Google Stock to benefit from the unique AI advantage, explains the analyst
On April 30, Tigress’s financial action researcher Ivan Feinseth doubled on a more previous note “Buy” on Googl's shares and increased his price target from $ 220 to $ 240. If it is met, Feinseth's forecasts would be equivalent to a rally of 49.27% of current prices.
In a note shared with investors, the analyst has contextualized his decision by highlighting several factors. First and foremost, Per Feineth, Google maintains a unique advantage in the space of artificial intelligence (AI), because society has the capacity to develop each component of its technological battery.
In addition, the researcher expects the innovation and implementation of the current AI of the company to continue to stimulate the increase in advertising and cloud monetization, income and growth in cash flows. Many of the same arguments have been taken up by the investment strategist Shay Boloor, which recently considered Google one of the most missed actions on the market.
While the technology giant is certainly not immune to macro -contrary winds and is always Presentation of regulatory risk Due to the current antitrust case with the Ministry of Justice (DoJ), the promising results of the last quarterly report, as well as a recently announced partnership which will see the company's models of the company Used in iphones could arouse a positive feeling and a short -term price action.
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