Alphabet (GOOGL) Makes New $30B Acquistion as Stock Eyes $200
The US stock market has struggled in 2025 as Wall Street has continued to face a massive sell-off. There is no shortage of reasons to be concerned, but there are also plenty of reasons to be excited. Among the floundering, Alphabet (GOOGL) has made a new $30 billion acquisition as the stock eyes the $200 mark.
The Google parent company has not been exempt from the downturn this year but looks to be in a stronger position than most to withstand it. However, with surging capital expenditures, there are questions. Can the stock and its future prospects propel it back to the key level in 2025?
Also Read: Alphabet (GOOGL) Market Cap Loses $500B: Is Stock Still a Buy?
Alphabet Announces New Acquisitions: What Does It Mean for the Stock?
Entering the year, there were few stocks that had the kind of upside that Alphabet did. Indeed, experts had projected the company to double in value over the next five years. Specifically, its diversification and massive consumer base had many viewing it as the best Magnificent Seven company to invest in.
However, those experts did not anticipate the struggling stock market that has been present this year. Still, the market is expected to flip, and when it does, the company should expect to increase competition in one key area. Specifically, Alphabet (GOOGL) has announced a $30 billion acquisition that could push the stock to $200.
Also Read: Alphabet (GOOGL) Stock May Surge As ‘World’s Best’ AI Debuts
The company has agreed to a $32 billion deal to buy Wiz, according to a Reuters report. Moreover, the move will help Google better compete with both Microsoft (MSFT) and Amazon (AMZN) in the cloud computing space.
Yet, the price tag is still notable. It had increased from a $23 billion potential sale price just last year. Moreover, Wiz announced it will keep its products available to other cloud platforms. The question is, what does this mean for GOOGL stock? Although it has fallen as much as 3% today, there are still high hopes.
79% of 67 surveyed analysts have a buy rating on the stock according to CNN. Moreover, it has a median price target of $220, up 37% from its current position. Additionally, its high-end projection sits at $250, representing an upside of more than 56% for Alphabet by the end of 2025.
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Alphabet (GOOGL) Makes New $30B Acquistion as Stock Eyes $200
The US stock market has struggled in 2025 as Wall Street has continued to face a massive sell-off. There is no shortage of reasons to be concerned, but there are also plenty of reasons to be excited. Among the floundering, Alphabet (GOOGL) has made a new $30 billion acquisition as the stock eyes the $200 mark.
The Google parent company has not been exempt from the downturn this year but looks to be in a stronger position than most to withstand it. However, with surging capital expenditures, there are questions. Can the stock and its future prospects propel it back to the key level in 2025?
Also Read: Alphabet (GOOGL) Market Cap Loses $500B: Is Stock Still a Buy?
Alphabet Announces New Acquisitions: What Does It Mean for the Stock?
Entering the year, there were few stocks that had the kind of upside that Alphabet did. Indeed, experts had projected the company to double in value over the next five years. Specifically, its diversification and massive consumer base had many viewing it as the best Magnificent Seven company to invest in.
However, those experts did not anticipate the struggling stock market that has been present this year. Still, the market is expected to flip, and when it does, the company should expect to increase competition in one key area. Specifically, Alphabet (GOOGL) has announced a $30 billion acquisition that could push the stock to $200.
Also Read: Alphabet (GOOGL) Stock May Surge As ‘World’s Best’ AI Debuts
The company has agreed to a $32 billion deal to buy Wiz, according to a Reuters report. Moreover, the move will help Google better compete with both Microsoft (MSFT) and Amazon (AMZN) in the cloud computing space.
Yet, the price tag is still notable. It had increased from a $23 billion potential sale price just last year. Moreover, Wiz announced it will keep its products available to other cloud platforms. The question is, what does this mean for GOOGL stock? Although it has fallen as much as 3% today, there are still high hopes.
79% of 67 surveyed analysts have a buy rating on the stock according to CNN. Moreover, it has a median price target of $220, up 37% from its current position. Additionally, its high-end projection sits at $250, representing an upside of more than 56% for Alphabet by the end of 2025.
Read More