• Morgan Stanley has set a price target of $270 for NASDAQ:GOOGL, indicating a potential increase of about 10.25%.
• Google is advancing in the AI landscape by integrating its Gemini AI into smart home devices, competing with giants like Amazon and OpenAI.
• Despite recent staff reductions in its Cloud unit, Google's stock price has seen a slight increase, with a current market capitalization of approximately $2.96 trillion.

On October 2, 2025, Morgan Stanley set a price target of $270 for NASDAQ:GOOGL. At the time, the stock was priced at $244.9, suggesting a potential increase of about 10.25%. Google, a leader in technology, is known for its search engine, advertising services, and innovative products. It competes with tech giants like Amazon and OpenAI in the AI and smart home markets.

Google is making significant strides in the AI landscape by integrating its Gemini AI into home devices. This move is part of a broader effort by tech giants, including Amazon, to enhance their voice assistants with advanced AI capabilities. The competition in this space has intensified as OpenAI raises the stakes, pushing companies to innovate and make voice the next major interface for AI.

Google has unveiled a significant revamp of its smart home devices, integrating advanced artificial intelligence to enhance the functionality of smart home assistants. This development is part of Google's ongoing efforts to leverage AI technology to improve user experience and efficiency in managing smart home environments. The AI enhancements are expected to elevate the capabilities of smart home assistants, making them more intuitive and responsive to user needs. This strategic move by Google underscores its commitment to maintaining a competitive edge in the rapidly evolving smart home market.

Google has recently implemented staff reductions within its Cloud unit, primarily impacting employees involved in user experience projects. This move reflects a strategic decision by the company to streamline operations within this division. The stock for GOOGL is currently priced at $244.90, reflecting an increase of 0.74% or $1.80. During the trading day, the stock has fluctuated between a low of $238.61 and a high of $246.30. Over the past year, GOOGL has reached a high of $256 and a low of $140.53. The company's market capitalization stands at approximately $2.96 trillion. Today's trading volume for GOOGL on the NASDAQ is 29,649,105 shares.