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Route One Investment Company, managed by William Duhamel, recently executed a significant transaction involving Alphabet Inc. Class C ((GOOG)). The hedge fund reduced its position by 56,300 shares.
Recent Updates on Alphabet Inc. Class C stock
Alphabet Class C (GOOG) has been volatile near term, recently slipping modestly week‑over‑week but still up roughly 66%–73% over the past year, with shares trading around $323–$333. Analysts maintain a StrongBuy consensus, seeing pullbacks as pauses in a powerful AI‑ and cloud‑driven rally.
Street 12‑month targets cluster near $383–$384, with bullish calls as high as $400–$420, implying solid upside from current levels. Recent earnings showed Search growth accelerating to 17% and Google Cloud up about 48%, and while 2026 capex is set to roughly double to $175–$185 billion, top analysts argue this AI infrastructure cycle should support long‑term revenue and EPS expansion despite near‑term free cash flow pressure.
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