Sundar Pichai, CEO of Alphabet Inc.
Kyle Grillot | Bloomberg | Getty Images
Alphabet Shares closed at $200 per share for the first time on Friday as investors become increasingly bullish on the company’s opportunities in artificial intelligence.
The stock gained 1.1% on Friday and just over 2% for the week to close at $200.21. It is up almost 6% in 2025, while the NASDAQ is up 3.3% so far this year.
The new alphabet record is on a full-fledged adjusted basis. The company implemented A 20-for-1 stock split in 2022. At the time of this announcement, the stock was trading at around $2,750, which is equivalent to $137.50 after the split.
Tech megacap companies begin reporting earnings next week, with Microsoft, Meta And Tesla planned to announce the results on Wednesday, followed by Apple THURSDAY. Alphabet is expected to report fourth-quarter results on February 4.
The income of the alphabet in the third trimester 15% increase from the previous year, going through growth of approximately 11% during the same period in 2024. The company generated $88.3 billion in sales in the third quarter and saw revenue cloud record.
While Alphabet faces increased competition due to advances in generative AI, particularly from OpenAI, analysts generally view Google as a winner in AI as the company adds new features to Alphabet’s products. his wallet.
In a report Friday, Morgan Stanley analysts highlighted the company’s progress on its acute agent products, Project Astra and Project Mariner, as well as its Gemini 2.0 model of its major language in 2024. Yet , the firm said the “utility bar in Hurdle and the scale” of its consumer products are “high”.
In 2025 strategy meeting With employees last month, Google executives said they expect a year of increased competition, regulatory hurdles and advances in AI. Despite product crashes in the first half of 2024, the second half of the year featured many important AI products.
Alphabet shares have gained 35% over the past year. Among tech’s top companies, the best performer was Nvidia, up 132%, followed by Tesla at 96%. Meta and Amazon also outperformed Alphabet, while Apple and Microsoft underperformed. The NASDAQ has gained 29% over the past year.
