Sundar Pichai, CEO of Alphabet Inc.
Kyle Grillot | Bloomberg | Getty Images
alphabet Shares closed at $200 a share for the first time on Friday as investors increasingly weigh in on the company's opportunities in artificial intelligence.
The stock gained 1.1% on Friday and more than 2% for the week to close at $200.21. It is up nearly 6% in 2025, while the Nasdaq is up 3.3% so far this year.
Alphabet's new record is based on a modified split. Company outlet The stock was split 20-for-1 in 2022. At the time of this announcement, the stock was trading at about $2,750, which equates to $137.50 after the split.
Tech's MegaCap companies start reporting earnings next week, with… Microsoftand dead and Tesla Results are scheduled to be announced on Wednesday, followed by apple Thursday. alphabet Q4 results are scheduled to be reported on February 4.
Alphabet revenue in Third quarter It increased 15% from the previous year, accelerating from about 11% growth in the same period in 2024. The company generated $88.3 billion in sales in the third quarter and saw record cloud revenue.
While Alphabet faces increasing competition due to developments in generative AI, especially from Openai, analysts generally view Google as a winner in AI as the company adds new features to products across its portfolio.
In a report on Friday, Morgan Stanley analysts pointed to the company's progress on its AI agent products, Project Astra and Project Mariner, as well as a major language model, Gemini 2.0, which will be released in 2024. Its “consumer products” measure “high.”
In 2025 Strategy meeting With employees last month, Google executives said they expect a year of increased competition, regulatory hurdles and advances in artificial intelligence. Despite product mishaps in the first half of 2024, the second half of the year was marked by a number of significant AI products.
Alphabet shares have gained 35% in the past year. Among Tech's highest-valued companies, the best performer was Nvidia, up 132%, followed by Tesla, up 96%. Meta and Amazon also outperformed Alphabet, while Apple and Microsoft underperformed. The Nasdaq stock exchange has gained 29% in the past year.
He watches: Google Maps on 20
