10 AI Stocks Analysts Are Tracking Closely

4. Alphabet Inc. (NASDAQ:GOOGL)

Number of Hedge Fund Holders: 227

Alphabet Inc. (NASDAQ:GOOGL) is one of the 10 AI Stocks Analysts Are Tracking Closely. On July 21, Evercore ISI reiterated an Outperform rating on the stock with a price target of $205.00. The rating affirmation comes ahead of the company’s second-quarter earnings report, due July 23.

According to the research firm, Alphabet is poised to deliver a “modest beat” for the second quarter of 2025. The firm’s advertising channel checks throughout the quarter have been incrementally positive, with overall budgets increasing despite April fluctuations due to tariff headlines and early Easter shift.

The firm further highlighted that Street expectations of a 28% year-over-year Cloud growth are reasonable, though there is a risk that tight GPU supply may create quarterly volatility until new capacity is available in late 2025.

Street’s forecast of 32.8% operating margin is also seen as fair, particularly based on product mix and owing to management’s expectations for depreciation to grow faster through fiscal year 2025.

Alphabet Inc. (NASDAQ:GOOGL) is an American multinational technology conglomerate holding company wholly owning the internet giant Google, amongst other businesses.