Tech giant keeps climbing despite big price tag

Mon Jun 15 2026
Alphabet’s stock just doubled in a year. That’s the kind of jump usually left to start-ups and turnaround stories. Yet here’s a company that’s already the size of a small country, pulling it off while barely breaking a sweat. Its online ads business still pulls in over a hundred billion dollars every three months. Throw in cloud computing—growing at sixty-three percent a year—and AI chips that sell themselves, and you’ve got a machine that doesn’t seem to care how big it is. The usual rule is that giant companies slow down, but Alphabet keeps sprinting. One top investor, who tracks winners closely, says the stock isn’t dirt cheap, but it’s not a terrible bet either. The investor points to strong earnings growth that could keep beating the market. Everyone’s also worried that Google’s famous search engine might lose its crown, but the opposite is happening—AI tools are making search even more powerful.
Cloud services are the real powerhouse now, with demand so high that every new server lease brings in piles of cash. The company’s also selling its own AI chips, a rare trick that turns hardware into extra profit. Still, paying a premium for a stock is always risky. The question isn’t whether Alphabet can grow, but whether investors are overpaying for that growth. Wall Street isn’t split on the stock; every single analyst has labeled it a buy. Their twelve-month price target suggests another twenty-three percent climb. Whether that math makes sense depends on how long Alphabet can keep sprinting while most giants start to stumble.
https://localnews.ai/article/tech-giant-keeps-climbing-despite-big-price-tag-f1b7e68b

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