Alphabet Inc Ranks 14th in Trading Volume with $5.825 Billion as Shares Rise for Seventh Consecutive Day

Generated by AI AgentAinvest Volume Radar
Thursday, Jul 17, 2025 7:55 pm ET1min read
Aime RobotAime Summary

- Alphabet Inc. (GOOGL) ranked 14th in July 17 trading volume ($5.825B) with shares rising for seven consecutive days (5.29% weekly gain).

- BMO Capital raised its price target to $208 (from $200) and maintained an "Outperform" rating, citing optimism over AI products like PMax and Gemini boosting advertiser spending.

- The firm increased 2025 Q2 and full-year Search growth forecasts to 10% and 11%, and highlighted Alphabet's 18x next-12-month P/E versus a 5-year average of 22.5x.

On July 17, 2025, Alphabet Inc. (NASDAQ:GOOGL) saw a trading volume of $5.825 billion, ranking it 14th in the day's stock market activity. The company's Class A shares (GOOGL) rose by 0.33%, marking the seventh consecutive day of gains and a 5.29% increase over the past week.

BMO Capital analyst Brian Pitz recently raised the price target for Alphabet to $208.00, up from $200.00, while maintaining an "Outperform" rating. The firm is optimistic about Google's AI products, particularly PMax and Gemini, which are expected to boost spending from existing advertisers and attract new small and medium-sized businesses.

BMO Capital has also increased its second-quarter 2025 and full-year 2025 Search growth forecasts to 10% and 11%, respectively, up from previous estimates of 9% and 10.6%. The firm has reintroduced Alphabet as its "Top Pick," noting that shares are trading at 18 times expected next-12-month earnings compared to a 5-year average of 22.5 times.

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