Google agrees to curb power use for AI data centers to ease strain on US grid when demand surges

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BofA Securities on Alphabet (GOOG): 'Google stable, AI transition still seems market expanding'

August 5, 2025 9:36 AM EDT

BofA Securities analyst Justin Post reiterated a Buy rating and $217.00 price target on Alphabet (NASDAQ: GOOG).

The analyst comments "Google's key KPIs (traffic, search share, & mobile DAUs) were relatively stable in July, despite rapidly growing AI adoption across several sites, including Gemini. Data suggests... More