- Josh Beck from Raymond James sets a price target of $185 for Alphabet Inc. (NASDAQ:GOOG), currently trading above the target at $192.11.
- DeepMind, an Alphabet subsidiary, showcases the potential of AI by outperforming in the International Mathematical Olympiad.
- Advertising spend in AI, crucial for Alphabet’s growth, is highlighted as a key area ahead of the earnings report.
On July 22, 2025, Josh Beck from Raymond James set a price target of $185 for Alphabet Inc.’s stock, traded on NASDAQ as GOOG. At that time, the stock was trading at $192.11, which is about 3.70% higher than the target. Alphabet, the parent company of Google, is a major player in the tech industry, competing with other giants like Amazon and Microsoft.
Alphabet’s subsidiary, DeepMind, has made significant strides in artificial intelligence. It recently outperformed many high school students in the International Mathematical Olympiad by solving complex math problems. This achievement underscores the potential of AI to handle tasks that were once thought to require human intelligence, as highlighted by Jenny Horne.
Doug Clinton from Intelligent Alpha has expressed optimism about Google and Tesla, suggesting they are valuable investments as they approach their earnings reports. In a discussion on ‘Closing Bell’, Clinton emphasized the strategic importance of holding shares in these tech giants, especially during the earnings season, which could influence investor decisions.
Jessica Inskip has pointed out that advertising spend is a key area of growth in artificial intelligence, which could benefit Alphabet’s Google and YouTube platforms. This focus on advertising could positively impact Alphabet’s financial performance, especially with the upcoming earnings announcement.
Currently, GOOG is trading at $192.11, with a slight increase of $0.96 or 0.50%. The stock has seen fluctuations today, ranging from $188.50 to $192.53. Over the past year, it has reached a high of $208.70 and a low of $142.66. Alphabet’s market capitalization is approximately $2.32 trillion, with a trading volume of 24.86 million shares.
