On October 23, 2025, Bank of America reiterated its Buy rating on Alphabet (GOOGL) and raised its price target to $280, citing strong third-quarter ad spending, robust AI and cloud momentum, and anticipated solid search performance. Bernstein also raised its price target to $260, highlighting eased regulatory concerns and rapid AI development, especially with Gemini’s success and Google Cloud’s growth. These analyst actions come ahead of Alphabet’s Q3 earnings later this month and reflect optimism about the company’s AI-driven product expansion and advertising strength. GOOGL closed at $253.08 (+0.55%) in after-hours trading, moving in line with broader positive market sentiment.