Google mother or father Alphabet (GOOGL) is slated to report first-quarter outcomes after the market closes Thursday, with analysts largely bullish on the tech large’s means to climate financial uncertainty.

Citi analysts mentioned just lately they count on Google Search can be “among the last platforms to experience macro impacts and among the first to recover.” Citi additionally highlighted its potential for progress from the adoption of synthetic intelligence instruments like Google’s AI Mode in Search, in addition to the most recent iteration of the corporate’s Gemini massive language mannequin.

Morgan Stanley additionally cited “AI-driven platform-level innovation” on Search and YouTube as a cause for “confidence in the durability of long term growth.” Citi and Morgan Stanley gave Alphabet worth targets of $195 and $185, respectively.

Of the 19 analysts overlaying Alphabet tracked by Seen Alpha, 14 have “buy” or equal scores for the inventory, with the remaining issuing “hold” scores. Their consensus worth goal close to $195 would counsel roughly 29% upside from Thursday’s closing worth at about $151.

In the course of the firm’s earnings name, Alphabet might face questions from analysts a few U.S. District Court docket ruling that Google has illegally maintained monopolies within the internet advertising trade. Citi analysts mentioned they “wouldn’t be surprised to see Google ultimately spin off its ad network,” because of the ruling, however that Google’s core companies would seemingly not be as impacted.

Alphabet is anticipated to report fiscal first-quarter income of $89.22 billion, up 11% year-over-year, and web earnings of $24.71 billion, or $2.01 per share, up from $23.66 billion, or $1.89 per share, a yr in the past.

Shares of Alphabet have misplaced a fifth of their worth to this point in 2025 via Thursday’s shut. The U.S. inventory market was closed Friday in remark of Good Friday.