Cantor Fitzgerald Reiterates a Hold Rating on Alphabet (GOOG)

Alphabet Inc. (NASDAQ:GOOG) is one of the 13 Best Long Term Growth Stocks to Invest in Right Now. In a report released on June 25, Deepak Mathivanan from Cantor Fitzgerald reiterated a Hold rating on Alphabet Inc. (NASDAQ:GOOG) with a price target of $171.00.

The company’s fiscal Q1 2025 results showed a 12% year-over-year growth in consolidated revenues to $90.2 billion, with double-digit growth rates reported in Google Search & other, YouTube ads, Google subscriptions, platforms, and devices, as well as Google Cloud. Net income for the quarter rose 46%, and EPS grew 49% to $2.81.

Alphabet Inc. (NASDAQ:GOOG) also reported a 28% rise in Google Cloud revenues to $12.3 billion, attributed to growth in Google Cloud Platform (GCP) across core GCP products, AI Infrastructure, and Generative AI Solutions.

Alphabet Inc. (NASDAQ:GOOG) is a holding company with segments including Google Services, Google Cloud, and Other Bets. The Google Services segment operates various services and products, including Android, Google Maps, Google Play, Chrome, Search, and YouTube.

While we acknowledge the potential of GOOG as an investment, we believe certain AI stocks offer greater upside potential and carry less downside risk. If you’re looking for an extremely undervalued AI stock that also stands to benefit significantly from Trump-era tariffs and the onshoring trend, see our free report on the best short-term AI stock.

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