Evercore ISI Raises PT on Alphabet (GOOGL) Stock

Core Insights - Alphabet Inc. (NASDAQ:GOOGL) is recognized as one of the best monopoly stocks to buy, with Evercore ISI raising the price target from $300 to $325 while maintaining an "Outperform" rating [1][2] Financial Performance - In Q3 2025, Alphabet's consolidated revenues increased by 16% year-over-year to $102.3 billion, with a 15% rise in constant currency [2] - Google Cloud revenues surged by 34% to $15.2 billion, driven by growth in core products, AI Infrastructure, and Generative AI solutions [3] Business Segments and Growth Drivers - Key segments such as Google Search & other, YouTube ads, Google subscriptions, platforms, devices, and Google Cloud all experienced double-digit growth in Q3 2025 [2] - The company is leveraging AI across its core segments, contributing to sustainable growth and demonstrating strong monetization of AI applications [3][4] Market Sentiment and Legal Environment - Positive market sentiment is bolstered by a favorable court ruling that allows Alphabet to retain its Chrome and Android businesses, which is seen as a significant advantage [4] - Despite increasing investments in AI, Alphabet has shown resilience in its search business, with no negative impacts reported from AI advancements [4]