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Eagle Capital Management, L.L.C., managed by Boykin Curry, recently executed a significant transaction involving Alphabet Inc. Class C ((GOOG)). The hedge fund reduced its position by 1,366,135 shares.
Recent Updates on Alphabet Inc. Class C stock
Alphabet Class C (GOOG) has surged about 66–73% over the past year, with mixed short‑term moves, but analysts maintain a StrongBuy rating and see meaningful upside from recent prices near $323–$333, supported by average 12‑month targets around $366–$384 and Street‑high calls up to $420–$400. Recent earnings showed Search revenue accelerating 17% and Google Cloud jumping 48% with a massive $240B+ backlog, and while 2026 capex is set to double to ~$175–$185B and pressure free cash flow, top analysts argue this AI‑ and cloud‑driven investment cycle, anchored by Gemini’s 750M+ users and custom TPU chips, should fuel robust long‑term growth.
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