Alphabet Class A ( (GOOGL) ) has been popular among investors this week. Here is a recap of the key news on this stock.
Alphabet Class A, the parent company of Google, is currently facing significant legal challenges after a U.S. District Judge ruled that the company has been maintaining monopoly power in the digital advertising market. This ruling could potentially lead to a breakup of Google’s ad business, which is a major revenue generator for Alphabet. The Department of Justice is pushing for Alphabet to divest its Google Ad Manager, but Alphabet plans to appeal the decision, arguing that such a move would harm its business. Despite the legal hurdles, analysts remain cautiously optimistic about Alphabet’s future, with a consensus Moderate Buy rating on its stock. The average price target for Alphabet’s stock suggests a potential upside of over 30% from current levels. However, the stock has seen a decline of 20% so far in 2025. As the appeals process unfolds, investors are keeping a close eye on the potential outcomes and their implications for Alphabet’s business and stock performance.