Alphabet (GOOGL) Price Target Lifted to $294 by BMO Capital on AI Leadership Strength

Alphabet Inc. (NASDAQ:GOOGL) is one of the Trending AI Stocks on Wall StreetOn October 9, BMO Capital raised the firm’s price target on the stock to $294 from $225 and kept an Outperform rating on the shares.

Expert checks reveal how Alphabet’s AI leadership is translating into core Search and Google Cloud Export strength.

The company benefits from product launches and AI integrations, enhancing incremental user value. BMO is analyzing the Ad Tech Remedies trial outcomes as a key. However, it is firm in the view that a structural breakup is unlikely.

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“AI Leadership Supports Upside to Search and GCP Estimates; GOOGL’s AI leadership continues to translate into strength in core Search and GCP per expert checks, as GOOGL benefits from ongoing AI integrations and product launches, driving incremental user value. We raise 3Q25E/4Q25E Gross Revenue 1.2%/1.5%, respectively. We continue to monitor the Ad Tech Remedies trial outcomes as a key, although we maintain our view that a structural break-up is unlikely. Reiterate Outperform and Top-Pick.”’

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

While we acknowledge the risk and potential of GOOGL as an investment, our conviction lies in the belief that some AI stocks hold greater promise for delivering higher returns and doing so within a shorter time frame. If you are looking for an AI stock that is more promising than GOOGL and that has 10,000% upside potential, check out our report about this cheapest AI stock.

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