Google father or mother Alphabet (GOOGL) is slated to report its fourth-quarter outcomes after the market closes Tuesday, with analysts largely bullish on the tech large’s inventory.

Of the 19 analysts masking the inventory tracked by Seen Alpha, 15 have issued “purchase” or equal rankings, with 4 “maintain” rankings. Their consensus worth goal is about $219, a roughly 7% premium above Friday’s closing worth.

Alphabet is predicted to report fourth-quarter income of $96.6 billion, up 12% year-over-year, and earnings of $26.19 billion, or $2.12 per share, up from $20,69 billion, or $1.64 per share, a 12 months earlier. 

Jefferies not too long ago maintained a “purchase” ranking and $235 worth goal for the inventory, above the consensus compiled by Seen Alpha, writing that Alphabet’s “fundamentals seem like enhancing with strong advert spend,” and that the corporate is seeing rising demand for Google Cloud.

The tech large’s spending on AI will even probably be in focus after the emergence of a complicated, cost-efficient AI mannequin from Chinese startup DeepSeek raised issues concerning the competitiveness of U.S. companies and their spending on the rising tech.

Financial institution of America analysts instructed shoppers in a word Friday that they view final week’s strong results from Meta (META), which stood by its AI spending plans, as a optimistic sign for Alphabet. Earlier within the week, Raymond James and Financial institution of America analysts additionally steered that DeepSeek’s speedy rise could push the tech giant to behave with higher urgency on AI developments.

Shares of Alphabet have gained about 43% over the previous 12 months, at $204.02 as of Friday’s shut.