An analyst at Seeking Alpha downgraded Alphabet (GOOG) from 'strong buy' to 'hold', citing that despite strong fundamentals, the stock's valuation has become less attractive after its recent surge. This comes as multiple reports on November 10, 2025, continued to highlight the company's robust growth, particularly in its Google Cloud division and the successful monetization of its AI technologies across its services. The broader market discussion focused on Alphabet's AI leadership as a key reason for its 47% year-to-date stock increase, outperforming the Nasdaq Composite. Analysts pointed to the Cloud business's impressive $155 billion backlog as a strong indicator of future growth. Despite the single downgrade, the general sentiment in market analyses remains positive, emphasizing the company's solid fundamentals and long-term prospects, especially in the AI and cloud computing sectors.