Overview
- Alphabet shares, following Wednesday's report of a two-week U.S.-Iran ceasefire that reopens the Strait of Hormuz, rose about 3.9% and topped the Nasdaq’s 2.6% gain.
- There was no company news driving the move, as investors bet on a stronger economy that would support Google’s core ad business, which rises and falls with business confidence.
- Year to date, the stock is up roughly 1.5%, making it the best performer in the group of the largest U.S. tech names often called the Magnificent Seven.
- Recent results point to solid footing, with Q4 2025 revenue of $113.8 billion up 18% and Google Cloud revenue up 48% to $17.7 billion.
- Analysts keep a Strong Buy view with an average price target of $378.19, and the next earnings report at the end of April is the key update investors are watching.