Alphabet Inc. (NASDAQ:GOOGL) is one of the Best Big Company Stocks to Buy Right Now.
On June 1, Piper Sandler analyst Thomas Champion lifted its price objective on the company’s stock to $445 from $425 and kept an “Overweight” rating on the shares
The firm released its first analysis of citations data throughout searches in Google’s AI Overview and AI Mode. Notably, the AI-assisted search continues to expand rapidly. Alphabet Inc. (NASDAQ:GOOGL) is leading citation share, thanks to the YouTube and Google properties.
Furthermore, the step-function growth in citations since early 2025 remains in line with the commentary from the management that AI Mode has been resulting in queries 3 times longer compared to the traditional search. Also, the queries are at an all-time high. According to the firm, the AI search expansion happens to be the most positive for Alphabet Inc. (NASDAQ:GOOGL), Reddit, and Meta.