Alphabet price target raised to $225 from $215 at Oppenheimer

Oppenheimer analyst Jason Helfstein raised the firm’s price target on Alphabet (GOOGL) (GOOG) to $225 from $215 and keeps an Outperform rating on the shares. The firm notes Meta (META) indicated strong advertising trends and recent investor conversations suggest a favorable setup heading into results on search revenue concerns, but expecting higher margins. Additionally, Meta confirmed Gen AI is driving ad price growth, which should also benefit Alphabet, cementing it as an AI winner, Oppenheimer adds. If investors begin to struggle with Meta’s revenue outlook or MSD 2025 EPS growth, Alphabet could become more attractive alternative, the firm argues.