TLDR

Alphabet Inc Class A (GOOGL) stock reached a new 52-week high of $291.64, marking a 60.4% increase over the past year.
The company completed major debt offerings totaling $17.5 billion in U.S. senior notes and €6.5 billion in euro-denominated notes to fund investments.
Google’s Gemini AI app has attracted over 650 million monthly users since launching less than three years ago.
Google Cloud’s backlog grew 46% year-over-year to $155 billion, showing strong enterprise demand for AI services.
Third quarter adjusted earnings per share jumped 35% year-over-year, while the stock trades at a forward P/E of 25 for 2026.

Alphabet Inc Class A stock touched $291.64, setting a fresh 52-week high. The achievement caps off a strong year that has seen the stock climb 60.4% from its previous low point.

Alphabet Inc., GOOGL

The company now holds a market capitalization of $3.51 trillion. Year-to-date performance shows the stock up 47%, outpacing the Nasdaq Composite’s 21% gain over the same period.

Alphabet maintains a healthy balance sheet with more cash than debt. InvestingPro rates the company’s overall financial health as “GREAT,” though current prices exceed some fair value estimates.

The stock’s rally comes as artificial intelligence continues to reshape the company’s business model. Google’s Gemini AI app has reached 650 million monthly users in less than three years of existence.

This rapid adoption demonstrates how quickly AI products can gain traction. The user base provides a foundation for future revenue opportunities across Alphabet’s ecosystem.

Cloud Business Powers Forward

Google Cloud represents a major growth driver for the company. The division’s backlog expanded 46% year-over-year to reach $155 billion.

Enterprise customers are increasing their spending on AI cloud services. This demand flows directly into Google Cloud’s revenue and booking numbers.

The cloud segment benefits from Alphabet’s investments in AI infrastructure. Companies need computing power and tools to deploy AI applications at scale.

Alphabet recently announced plans to invest $6.41 billion in Germany. The funds will support infrastructure improvements, including a new data center near Frankfurt.

The company also completed large debt offerings to fuel expansion. Alphabet sold $17.5 billion in U.S. dollar-denominated senior notes and €6.5 billion in euro-denominated notes.

These bond sales provide capital for continued investments in areas like artificial intelligence. The financing strategy allows Alphabet to fund growth initiatives while maintaining financial flexibility.

Search and Advertising Remain Strong

AI technology is enhancing Google’s core advertising business. Search and YouTube both benefit from improved AI-driven features and recommendations.

Third quarter results showed the positive impact. Adjusted earnings per share rose 35% year-over-year, beating expectations.

Revenue growth across multiple segments contributed to the strong quarter. Both advertising and cloud services posted healthy gains.

The stock currently trades at a forward price-to-earnings ratio of 25 based on 2026 analyst estimates. This valuation suggests investors expect continued earnings expansion.

Some analysts maintain a “Strong Buy” consensus on the stock. However, technical indicators show the RSI in overbought territory.

Google Finance recently expanded its offerings by adding prediction market data. The service now incorporates odds from Kalshi Inc. and Polymarket for future events.

In the media space, discussions continue with YouTube TV regarding ABC and ESPN channels. The negotiations follow a recent licensing agreement lapse with Disney.

Alphabet closed the debt offerings and continues executing on its investment strategy across AI infrastructure and cloud capabilities.

The post Alphabet (GOOGL) Stock: Tech Giant Hits All-Time High on AI Momentum appeared first on CoinCentral.

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Filed under: News - @ November 12, 2025 10:28 am