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First Eagle Investment Management LLC, managed by Jean Marie Eveillard, recently executed a significant transaction involving Alphabet Inc. Class A ((GOOGL)). The hedge fund reduced its position by 1,540,899 shares.
Recent Updates on Alphabet Inc. Class A stock
Over the past month, Alphabet Inc. Class A (GOOGL) shares have continued a strong rally, generally gaining about 6–9% in the last month and roughly 66–78% over the past year, with recent weekly moves typically in the low‑ to mid‑single digits. Despite the big run‑up, Wall Street remains strongly bullish, maintaining a StrongBuy consensus and steadily lifting 12‑month average price targets into the mid‑$340s to mid‑$350s, versus recent closes in the low‑to‑mid $330s, implying further upside. The latest quarterly report reinforced this optimism: Q4 revenue and EPS beat expectations, with Search growth re‑accelerating to mid‑teens, YouTube growing double‑digits, and Google Cloud revenue surging around 48% year over year while backlog jumped sharply. Analysts highlight Alphabet’s Gemini AI models and TPUs as key differentiators powering more complex, higher‑value search queries and strong enterprise AI demand, and they generally view the very large 2026 capex plans—raised toward roughly $140 billion and guided even higher at $175–185 billion—as a necessary investment to meet AI‑driven demand rather than a red flag, even as they caution about valuation, margin pressure from heavy spending, and intensifying AI and search competition.
Spark’s Take on GOOGL Stock
According to Spark, TipRanks’ AI Analyst, GOOGL is a Outperform.
Score is driven primarily by strong financial performance and solid technical uptrend. The biggest offsets are premium valuation and earnings-call risks tied to a very large 2026 investment ramp that could pressure margins, depreciation, and free cash flow in the near term.
To see Spark’s full report on GOOGL stock, click here.
More about Alphabet Inc. Class A
YTD Price Performance: 6.40%
Average Trading Volume: 36,092,623
Current Market Cap: $4020.4B