Analysts Turn More Bullish on Alphabet (GOOGL) After Favorable Antitrust Ruling

Core Viewpoint - Alphabet Inc. is gaining attention as an AI stock, with a price target raised to $390.00 from $330.00 while maintaining a Buy rating, reflecting bullish sentiment on the company's growth potential in AI and cloud services [1][2]. Group 1: Market Perception and Regulatory Impact - The market perception of Google shifted positively following a favorable ruling in the search antitrust case, moving from concerns about competitive pressures and regulatory challenges to a focus on search stability and AI innovation [2][3]. - The favorable ruling has allowed Google to leverage its scale and data advantages to enhance its competitive position, with expectations of sustained momentum in AI integration through 2026 [3]. Group 2: AI Innovation and Cloud Growth - Google is expected to accelerate its pace of AI innovation and cloud growth, supported by structural hardware advantages such as Tensor Processing Units (TPUs) [3]. - Despite potential volatility anticipated in the first half of 2026 due to the launch of new AI models and supply chain constraints, the overall outlook for the stock remains positive [3].