Alphabet's stock increased by 65% during 2025, and the momentum has continued into the new year, with shares up 8% so far in 2026 as of January 13.
The company is set to provide its latest financial figures on February 4.
Alphabet's flagship platform, Google Search, maintains more than 90% market share. Revenue increased 14% year over year in the first nine months of 2025, while net income rose 33% over the same period. Google Cloud Platform posted an operating margin of 24% in the third quarter.
"Over 70% of existing Google Cloud customers use our AI products," CEO Sundar Pichai said on the Q3 2025 earnings call.
In November, Berkshire Hathaway revealed it purchased 17.8 million shares of Alphabet during the third quarter of 2025. This was one of the last trades made by Warren Buffett as CEO of the conglomerate.
Alphabet's Gemini App had 650 million monthly active users in Q3. The business plans to display ads on this AI assistant.
Apple will pay Alphabet $1 billion per year to use Gemini to power an updated version of Siri.
YouTube commanded a 12.9% share of total TV viewing in the U.S. in November, according to Nielsen data. Waymo completed 450,000 rides per week in December and plans to enter many new markets this year.
Investors should consider a five-year time horizon rather than focusing on the upcoming earnings date. Attention should be paid to overall revenue and margin trends in the last quarter, as well as commentary on AI initiatives, progress at Waymo, and capital expenditures.
The Motley Fool Stock Advisor analyst team identified 10 best stocks for investors to buy now, and Alphabet was not one of them.