William Blair analyst Ralph Schackart has maintained their bullish stance on GOOG stock, giving a Buy rating on May 6.
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Ralph Schackart has given his Buy rating due to a combination of factors tied to Alphabet’s integrated AI strategy and its reinforcing impact across the business. He concludes that Google’s vertically integrated AI stack—from core research through infrastructure and applications—creates durable competitive advantages that support Search, Cloud, and advertising, informed by discussions with recent former employees and industry participants.
In addition, Schackart’s detailed return-on-invested-capital work suggests Alphabet is generating attractive returns on its elevated capital spending, particularly in AI-related infrastructure, which he views as value-accretive over time. Taken together, the strategic AI positioning, cross-business synergies, and solid ROIC profile underpin his positive long-term outlook and support a Buy recommendation on Alphabet Class C shares.
In another report released on May 6, Scotiabank also maintained a Buy rating on the stock with a $450.00 price target.