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Fisher Asset Management LLC, managed by Ken Fisher, recently executed a significant transaction involving Alphabet Inc. Class C ((GOOG)). The hedge fund increased its position by 8,761 shares.
Recent Updates on Alphabet Inc. Class C stock
Alphabet Class C (GOOG) has remained strong, gaining roughly 66%–73% over the past year despite modest pullbacks in recent weeks, with shares recently trading near $323–$333 and analysts’ average 12‑month targets clustered around $366–$384, implying solid upside. Multiple top Wall Street analysts reiterated Buy ratings with targets up to $420, citing accelerating 17% Search growth, 48% Google Cloud growth, a massive $240B+ backlog, and fast‑rising Gemini AI adoption, while flagging 2026 capex of $175–$185B as the main near‑term concern.
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: 3.38%
Average Trading Volume: 24,009,129
Current Market Cap: $3906.9B