10 AI News and Ratings Too Important to Miss

3. Alphabet Inc. (NASDAQ:GOOGL)

Number of Hedge Fund Holders: 202

Alphabet Inc. (NASDAQ:GOOGL) offers AI-powered solutions for cloud services, business tools, and consumer products, focusing on advancing AI research.

On January 30, Bernstein raised Alphabet’s price target from $185 to $210 while maintaining a Market Perform rating. The firm remains cautious about Google due to concerns around DeepSeek’s potential impact but is optimistic about the Q4 outlook. It expects a steady 11% year-over-year growth in Search, with YouTube benefiting from political ad spend and connected TV trends. Cloud growth is still a key factor, although any slowdown in cloud revenue could dampen the outlook. Additionally, margin improvements and a possible reversal of a $1.7 billion European Commission fine are expected. Despite short-term positives, regulatory and competitive risks pose long-term challenges for the stock.