Google parent Alphabet (GOOGL) is slated to report its fourth-quarter results after the market closes Tuesday, with analysts mostly bullish on the tech giant's stock.

Of the 19 analysts covering the stock tracked by Visible Alpha, 15 have issued “buy” or equivalent ratings, with four “hold” ratings. Their consensus price target is about $219, a roughly 7% premium above Tuesday's intraday price of $204.94, leaving it on track to close at an all-time high, not long after setting a record Friday. The stock has gained about 42% over the past 12 months. 

Alphabet is expected to report fourth-quarter revenue of $96.6 billion, up 12% year-over-year, and earnings of $26.17 billion, or $2.12 per share, up from $20.69✱ b🦄illion, or $1.64 per share, a year earlier. 

Jefferies recently maintained a “buy” rating and $235 price target for the stock, above the consensus compiled by Visible Alpha, writing that Alphabet’s “fundamentals appear to be improving with solid ad spend,” and that the company is seeing growing demand for Google Cloud.

The tech giant's spending on AI will also likely be in focus after the emergence of a sophisticated, cost-efficient AI model from 澳洲幸运5官方开奖结果体彩网:Chinese startup DeepSeek raised concer💎ns about♍ the competitiveness of U.S. firms and their spending on the emerging tech.

Bank of America analysts told clients in a note Friday that they view last week's 澳洲幸运5官方开奖结果体彩网:strong results from Meta (META), which 澳洲幸运5官方开奖结果体彩网:stood by its AI spending plans, as a positive signal for Alphabet. Earlier in the week, Raymond James and Bank of America analysts also suggested that DeepSeek’s rapid rise 澳洲幸运5官方开奖结果体彩网:could push the tech giant to act with greater urgency on AI developments.

UPDATE—Feb. 4, 2025: This article has been updated to reflect more recent analyst estimates and share price values.