BofA Analyst Raises Google Stock Price Target Ahead of Q2 Earnings

Monday, Jul 21, 2025 5:02 am ET1min read
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Top-rated analyst Justin Post at Bank of America Securities has lifted his price target on Alphabet Inc. (GOOGL) from $200 to $210, maintaining his Buy rating. Post raised his Q2 estimates, citing steady growth in Google Search ad spending, and expects Q2 revenue of $81 billion and earnings of $2.21 per share. Analysts expect Alphabet to report earnings per share of $2.18 and revenue growth of almost 11% year-over-year to $93.91 billion.

Alphabet Inc. (GOOGL) is set to report its second-quarter results after the market closes on Wednesday, July 2, 2025. Analysts are largely bullish on the tech giant, with a majority expecting strong performance across various segments. Jefferies analysts, for instance, believe Google’s Cloud division benefits from strong enterprise demand and AI momentum, projecting a 26% year-over-year jump in revenue to $13.11 billion [1].

Advertising revenue, particularly from Google Search and Other, is also expected to rise, with Wedbush Securities projecting a 9% increase to $52.81 billion [1]. Overall, analysts expect Alphabet to report total revenue of $93.86 billion, up 11% year-over-year, and net income of $26.57 billion, or $2.17 per share [1].

Top-rated analyst Justin Post at Bank of America Securities has lifted his price target on Alphabet Inc. (GOOGL) from $200 to $210, maintaining his Buy rating. Post raised his Q2 estimates, citing steady growth in Google Search ad spending, and expects Q2 revenue of $81 billion and earnings of $2.21 per share [3]. The FactSet consensus estimate is about $203, with the stock currently trading at about $185 [3].

While the outlook is positive, analysts are also keeping an eye on a key antitrust ruling expected next month. A federal judge is expected to rule on what steps Google will have to take roughly a year after the company was found to have maintained an illegal monopoly in search [1]. Cantor analysts have maintained a neutral rating for Alphabet stock until clarity on the antitrust ruling is gained [1].

Alphabet shares have witnessed a change of +5.9% in the past month, in contrast to the Zacks S&P 500 composite's +5.4% move [2]. With a Zacks Rank #3 (Hold), GOOGL is expected to closely follow the overall market performance in the near term [2].

References:
[1] https://www.investopedia.com/what-analysts-think-of-google-parent-alphabet-stock-ahead-of-earnings-11774904
[2] https://www.nasdaq.com/articles/curious-about-alphabet-googl-q2-performance-explore-wall-street-estimates-key-metrics
[3] https://sherwood.news/markets/bofa-raises-google-price-target-ahead-of-earnings/

BofA Analyst Raises Google Stock Price Target Ahead of Q2 Earnings

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