BNP Paribas Exane Reaffirms Rating on Alphabet (GOOGL) Amid Intersect Power Acquisition

21 hours ago 3

Maham Fatima

Wed, December 31, 2025 astatine 10:12 AM CST 2 min read

Alphabet Inc. (NASDAQ:GOOGL) is 1 of the best stocks for the adjacent decade. On December 22, BNP Paribas Exane reaffirmed its Outperform standing and $355 terms people for Alphabet. This sentiment followed the company’s announcement, connected the aforesaid day, that it entered into a definitive statement to get Intersect Power, which is simply a specializer supplier of information halfway and vigor infrastructure, for $4.75 cardinal successful currency positive assumed debt. The steadfast views this determination arsenic a strategical measurement to accelerate the enlargement of Google’s planetary information halfway footprint and vigor procreation capacity. The acquisition volition not materially interaction Alphabet’s fiscal figures successful the contiguous word but volition fortify its semipermanent competitory positioning successful the AI sector.

Intersect Power is simply a starring developer of cleanable vigor and information halfway infrastructure. The transaction follows a number concern Google made successful Intersect successful precocious 2024 and comes astatine a clip erstwhile vigor availability has go the superior bottleneck for AI progress. By bringing Intersect’s world-class squad in-house, Alphabet aims to bypass the delays of progressively strained nationalist inferior grids. The woody specifically includes Intersect’s monolithic pipeline of vigor parks, integrated sites that co-locate information centers straight with solar, wind, and artillery storage. This includes the companies’ flagship associated task successful Haskell County, Texas, which is presently nether operation arsenic portion of Google’s broader $40 cardinal concern successful the authorities done 2027.

BNP Paribas Exane Reaffirms Rating connected Alphabet (GOOGL) Amid Intersect Power Acquisition

Alphabet Inc. (NASDAQ:GOOGL) offers assorted products and platforms successful the US, Europe, the Middle East, Africa, the Asia-Pacific, Canada, and Latin America.

While we admit the imaginable of GOOGL arsenic an investment, we judge definite AI stocks connection greater upside imaginable and transportation little downside risk. If you’re looking for an highly undervalued AI banal that besides stands to payment importantly from Trump-era tariffs and the onshoring trend, spot our escaped study connected the best short-term AI stock.

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Disclosure: None. This nonfiction is primitively published at Insider Monkey.