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Blackstone Inc., managed by Stephen A. Schwarzman, recently executed a significant transaction involving Alphabet Inc. Class C ((GOOG)). The hedge fund increased its position by 3,542 shares.
Recent Updates on Alphabet Inc. Class C stock
Alphabet Class C (GOOG) has continued a strong 12‑month rally of roughly 66%–73%, though it has seen modest pullbacks in recent weeks, with recent prices around $323–$333 versus average 12‑month targets near $383–$384. Analysts maintain a StrongBuy view, citing accelerating 17% Search growth, 48% Google Cloud growth, and robust AI momentum via Gemini despite a sharp ramp in capex that will pressure free cash flow.
Spark’s Take on GOOG Stock
According to Spark, TipRanks’ AI Analyst, GOOG is a Outperform.
High score is driven primarily by strong financial performance (scaled profitability and earnings power) and supportive technical trend. This is tempered by premium valuation and earnings-call risks tied to a very large 2026 CapEx ramp and faster depreciation that may pressure near-term cash flow despite strong AI and Cloud momentum.
To see Spark’s full report on GOOG stock, click here.
More about Alphabet Inc. Class C
YTD Price Performance: -3.14%
Average Trading Volume: 23,786,951
Current Market Cap: $3657.9B