Overview
- Alphabet shares rose about 65% in 2025 as Gemini adoption and AI features in Google Search boosted confidence.
- The stock now trades near roughly 30 times forward earnings, up from under 14 times in April.
- A U.S. judge ruled the company acted as an illegal monopoly in search but did not order a breakup, allowing operations to continue with mandated changes.
- Yahoo Finance cautions that the re-rating likely limits the chance of another outsized gain in 2026.
- A Seeking Alpha author names Alphabet a top 2026 pick, citing AI integration and growth across ads, YouTube and Cloud as support for moderate returns.