Why Alphabet Stock Is Jumping Today
Key Points
Two high-profile investment firms raised their price targets on Alphabet stock today.
Alphabet and NextEra Energy announced a new partnership today.
The company's share price also got a boost from bullish momentum for the broader market connected to U.S.-China trade news.
- 10 stocks we like better than Alphabet ›
Alphabet (NASDAQ: GOOGL)(NASDAQ: GOOG) stock is seeing solid bullish momentum in Monday's trading. The company's share price was up 3.3% as of 3:10 p.m. ET. At the same point in the day's trading, the S&P 500 and the Nasdaq Composite were up 1% and 1.7%, respectively.
Alphabet stock is getting a boost from bullish analyst coverage today. The company's share price is also getting a lift from news of a new energy partnership and favorable developments on the U.S.-China trade front.
Where to invest $1,000 right now? Our analyst team just revealed what they believe are the 10 best stocks to buy right now, when you join Stock Advisor. See the stocks »
Image source: Getty Images.
Alphabet stock rises as analysts hike price targets
Before the market opened this morning, J.P. Morgan published new coverage on Alphabet stock. The investment giant maintained an overweight rating on the tech giant's stock and raised its one-year price target from $260 per share to $300 per share. J.P. Morgan's lead analyst on the stock, Brent Thill, cited the potential for favorable resolutions to the Justice Department's antitrust case against the company and strong sales and earnings momentum as reasons for the price target hike.
KeyBanc published its own bullish coverage on Alphabet stock this morning. KeyBanc's analysts also settled on a new price target of $300 -- up from its previous forecast for a price of $265 per share. The investment firm is bullish about Alphabet's upcoming third-quarter report and expects sales momentum in artificial intelligence (AI) and other key product categories can push the company's share price higher.
Energy and China news are also pushing Alphabet higher
Alphabet's Google division announced a new partnership with NextEra Energy that will see the nuclear energy specialist provide power services to support AI projects. The partnership will make use of NextEra's Duane Arnold Energy Center in Palo, Iowa, that's expected to come back online in 2029.
Alphabet's valuation is also getting a lift from news that the U.S. and China have settled on a "preliminary consensus" for a trade deal. The news comes as President Donald Trump is touring Asia and gearing up for a meeting with Chinese President Xi Jinping. Tense relations between the U.S. and China have been a major risk factor for the broader market this year, and signs of meaningful improvement on the front could help lift valuations for Alphabet and other tech stocks.
Should you invest $1,000 in Alphabet right now?
Before you buy stock in Alphabet, consider this:
The Motley Fool Stock Advisor analyst team just identified what they believe are the 10 best stocks for investors to buy now… and Alphabet wasn’t one of them. The 10 stocks that made the cut could produce monster returns in the coming years.
Consider when Netflix made this list on December 17, 2004... if you invested $1,000 at the time of our recommendation, you’d have $590,357!* Or when Nvidia made this list on April 15, 2005... if you invested $1,000 at the time of our recommendation, you’d have $1,141,748!*
Now, it’s worth noting Stock Advisor’s total average return is 1,033% — a market-crushing outperformance compared to 193% for the S&P 500. Don’t miss out on the latest top 10 list, available when you join Stock Advisor.
See the 10 stocks »
*Stock Advisor returns as of October 27, 2025
JPMorgan Chase is an advertising partner of Motley Fool Money. Keith Noonan has no position in any of the stocks mentioned. The Motley Fool has positions in and recommends Alphabet and JPMorgan Chase. The Motley Fool has a disclosure policy.
Recommended Articles
