JMP Reiterates Bullish Stance on Alphabet (GOOGL) With $225 Price Target

Alphabet Inc. (NASDAQ:GOOGL) is one of the Trending AI Stocks on Wall Street. On August 4, Citizens JMP analyst Andrew Boone reiterated a Market Outperform rating on the stock with a $225.00 price target.

In a note issued to investors, Citizens JMP expressed their positive outlook toward the stock. It noted that Google has a significant opportunity to streamline corporate accesses, improving its financial performance.

The rating comes amid Google navigating itself in the technology landscape while managing its operational efficiency.

Google “which has long had opportunity to streamline corporate excesses as 2026 could see higher incremental profitability beyond the increase in depreciation and infrastructure costs.”

JMP Reiterates Bullish Stance on Alphabet (GOOGL) With $225 Price Target

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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Disclosure: None.