Shares of Alphabet Inc. (GOOGL) have shown notable movement recently, with the stock rebounding after a prior dip. The company’s shares are currently trading around $164.41, recovering above the average volume weighted average price (AVWAP) from 2025 highs. Despite being down approximately 20% from its last peak, Alphabet is leading among the major technology stocks, often referred to as the Mag7, with gains of about 2% following the recent dip, which analysts identified as a buying opportunity. Market sentiment remains bullish on Alphabet, with price targets suggesting a rise to $175 next. Investors have been adding to their positions, anticipating strong performance driven by Alphabet's leadership in artificial intelligence (AI). According to a Polymarket forecast, Alphabet is expected to have the best AI model by the end of the year, with all-time highs predicted for 2026. However, market pricing currently reflects a future search market share for Alphabet's AI search business at 40% to 50%, down from its current 90%+ share outside China. The stock’s performance and AI prospects are driving optimism among investors.