Reasons BlackRock Might Avoid a Significant Premium in a $38 Billion Energy Transaction
Written by Emily J. Thompson, Senior Investment Analyst
Updated: Oct 01 2025
0mins
Should l Buy GOOG?
Source: MarketWatch
AES Corp. Share Surge: Shares of AES Corp. increased over 15% in premarket trading following reports of a $38 billion bid from BlackRock-owned GIP.
Financial Overview: Despite a market capitalization of $9.5 billion, AES Corp. faces a significant debt burden of $29 billion, leading to an enterprise value of nearly $41 billion.
Trade with 70% Backtested Accuracy
Stop guessing "Should I Buy GOOG?" and start using high-conviction signals backed by rigorous historical data.
Sign up today to access powerful investing tools and make smarter, data-driven decisions.
Analyst Views on GOOG
Wall Street analysts forecast GOOG stock price to fall over the next 12 months. According to Wall Street analysts, the average 1-year price target for GOOG is 336.08 USD with a low forecast of 255.00 USD and a high forecast of 400.00 USD. However, analyst price targets are subjective and often lag stock prices, so investors should focus on the objective reasons behind analyst rating changes, which better reflect the company's fundamentals.
15 Analyst Rating
14 Buy
1 Hold
0 Sell
Strong Buy
Current: 338.530
Low
255.00
Averages
336.08
High
400.00
Current: 338.530
Low
255.00
Averages
336.08
High
400.00
About GOOG
Alphabet Inc. is a holding company. The Company's segments include Google Services, Google Cloud, and Other Bets. The Google Services segment includes products and services such as ads, Android, Chrome, devices, Google Maps, Google Play, Search, and YouTube. The Google Cloud segment includes infrastructure and platform services, collaboration tools, and other services for enterprise customers. Its Other Bets segment is engaged in the sale of healthcare-related services and Internet services. Its Google Cloud provides enterprise-ready cloud services, including Google Cloud Platform and Google Workspace. Google Cloud Platform provides access to solutions such as artificial intelligence (AI) offerings, including its AI infrastructure, Vertex AI platform, and Gemini for Google Cloud; cybersecurity, and data and analytics. Google Workspace includes cloud-based communication and collaboration tools for enterprises, such as Calendar, Gmail, Docs, Drive, and Meet.
About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
Waymo Raises $16B, Valuation Reaches $126B
- Massive Funding Round: Waymo has successfully raised $16 billion, boosting its post-money valuation to $126 billion, reflecting strong investor confidence in its future growth amidst increasing competition in the autonomous driving sector.
- Strong Investor Lineup: The funding round was led by Dragoneer Investment Group, DST Global, and Sequoia Capital, with Alphabet continuing its support as the majority investor, attracting notable firms like Andreessen Horowitz, which further solidifies Waymo's leadership position in the industry.
- Market Expansion Plans: Waymo aims to expand its autonomous ride-hailing services to 20 additional cities by 2026, including international markets such as Tokyo and London, which is expected to significantly enhance its market share and brand influence, reinforcing its leading position in the global autonomous driving market.
- Rapid Business Growth: In 2025, Waymo tripled its annual ride volume to 15 million, surpassing 20 million lifetime rides, demonstrating its rapid growth in the autonomous driving sector and outpacing competitors like Uber and Lyft, indicating strong future profitability potential.
See More
Nvidia Faces Internal Competition Risks
- Market Share Growth: Nvidia's market cap has surged by nearly $4.3 trillion since the beginning of 2023, underscoring the critical role its hardware plays in AI data centers, despite competitive pressures from AMD and Broadcom.
- Maintaining Competitive Edge: CEO Jensen Huang is launching a new chip each year, with the Vera Rubin GPU expected to succeed the Blackwell Ultra later this year, ensuring the company's leadership in AI, even as competitors struggle to match its computing power.
- Internal Competition Threat: Major customers like Meta, Microsoft, and Amazon are developing their own AI chips, which could undermine Nvidia's pricing power and gross margins, impacting future GPU sales.
- Shifting Market Dynamics: As customer-developed chips become more prevalent, demand for Nvidia's GPUs may be affected, particularly if future data center upgrade cycles are delayed, potentially leading to decreased demand for next-generation GPUs.
See More
AI Drives Nvidia's Market Share Surge
- Market Share Advantage: Nvidia's market capitalization has surged by nearly $4.3 trillion since the beginning of 2023, indicating its dominant position in AI data centers and further solidifying its competitive edge in a rapidly growing market.
- Accelerated Innovation: CEO Jensen Huang is launching a new advanced chip each year, with the Vera Rubin GPU expected to succeed the Blackwell Ultra in the latter half of this year, ensuring the company's sustained technological leadership and enhancing its market competitiveness.
- Increased Competitive Pressure: Although Broadcom and AMD are performing well in AI data centers, Nvidia's biggest competitive risk comes from internal chip development by its major customers, which could weaken its pricing power and gross margins.
- Future Upgrade Cycle Risks: As members of the
See More
Investors Underestimating Shift Away from U.S. Assets, Warns Tuttle
- Market Shift Warning: Matthew Tuttle, CEO of Tuttle Capital Management, warns that investors may be underestimating the shift away from U.S. assets, particularly large tech firms, as Europe and other regions reduce dependence on American platforms and policies.
- Digital Sovereignty Push: Tuttle highlights a significant move towards digital sovereignty in Europe, ensuring that core systems and communications cannot be easily disabled if relations with the U.S. deteriorate, which will impact future technology procurement and investment decisions.
- Beneficiary Companies: He identifies several European companies, including OVH Groupe, IONOS, Orange, Deutsche Telekom, and Capgemini, that could benefit from this shift, indicating a market tilt towards local technology solutions.
- Strained U.S.-EU Relations: Relations between the U.S. and EU have further strained after President Trump threatened tariffs on the EU for not supporting his Greenland acquisition bid, which may intensify scrutiny on U.S. tech companies and affect investor confidence.
See More
Liberty Global Partners with Google Cloud for Five Years
- Partnership Agreement: Liberty Global has entered into a five-year partnership with Alphabet's Google Cloud, aimed at enhancing operational efficiency through cloud computing and AI technologies, which is expected to drive synergies in digital transformation for both companies.
- Growth Outlook: This collaboration will leverage Google Cloud's advanced technologies to help Liberty Global improve service quality and customer experience, thereby gaining a larger market share in the highly competitive telecommunications sector.
- Technology Integration: By integrating Google Cloud's AI and data analytics capabilities, Liberty Global plans to optimize its network infrastructure, enhance operational efficiency, and is expected to significantly reduce operating costs while increasing profit margins.
- Strategic Importance: This partnership not only strengthens Liberty Global's technological capabilities but also demonstrates its commitment to digital transformation, which is anticipated to lay a solid foundation for future business growth.
See More
Musk's Orbital Data Center Ambition Gains Attention
- Orbital Data Center Advantage: Investor Gene Munster from Deepwater Asset Management highlights that the merger between SpaceX and xAI focuses on 'datacenters in the sky,' which are more efficient due to better solar energy access and no cooling requirements.
- IPO Flexibility: Munster notes that SpaceX is expected to go public in June this year, which will provide Musk with the financial flexibility needed to fund AI development for xAI, further advancing his business ambitions.
- Market Valuation Outlook: Munster predicts that the combined entity of SpaceX-xAI could be valued at around $1.2 trillion, showcasing the immense potential of this merger, especially in comparison to Nvidia's competitive target.
- Speculative Merger Insights: Reports suggest that Musk may also be considering a merger between SpaceX and Tesla, hinting at a possible 'convergence' of his enterprises that could create new strategic opportunities.
See More
Waymo Raises $16B, Valuation Reaches $126B
- Massive Funding Round: Waymo has successfully raised $16 billion, boosting its post-money valuation to $126 billion, reflecting strong investor confidence in its future growth amidst increasing competition in the autonomous driving sector.
- Strong Investor Lineup: The funding round was led by Dragoneer Investment Group, DST Global, and Sequoia Capital, with Alphabet continuing its support as the majority investor, attracting notable firms like Andreessen Horowitz, which further solidifies Waymo's leadership position in the industry.
- Market Expansion Plans: Waymo aims to expand its autonomous ride-hailing services to 20 additional cities by 2026, including international markets such as Tokyo and London, which is expected to significantly enhance its market share and brand influence, reinforcing its leading position in the global autonomous driving market.
- Rapid Business Growth: In 2025, Waymo tripled its annual ride volume to 15 million, surpassing 20 million lifetime rides, demonstrating its rapid growth in the autonomous driving sector and outpacing competitors like Uber and Lyft, indicating strong future profitability potential.
See More
Nvidia Faces Internal Competition Risks
- Market Share Growth: Nvidia's market cap has surged by nearly $4.3 trillion since the beginning of 2023, underscoring the critical role its hardware plays in AI data centers, despite competitive pressures from AMD and Broadcom.
- Maintaining Competitive Edge: CEO Jensen Huang is launching a new chip each year, with the Vera Rubin GPU expected to succeed the Blackwell Ultra later this year, ensuring the company's leadership in AI, even as competitors struggle to match its computing power.
- Internal Competition Threat: Major customers like Meta, Microsoft, and Amazon are developing their own AI chips, which could undermine Nvidia's pricing power and gross margins, impacting future GPU sales.
- Shifting Market Dynamics: As customer-developed chips become more prevalent, demand for Nvidia's GPUs may be affected, particularly if future data center upgrade cycles are delayed, potentially leading to decreased demand for next-generation GPUs.
See More
AI Drives Nvidia's Market Share Surge
- Market Share Advantage: Nvidia's market capitalization has surged by nearly $4.3 trillion since the beginning of 2023, indicating its dominant position in AI data centers and further solidifying its competitive edge in a rapidly growing market.
- Accelerated Innovation: CEO Jensen Huang is launching a new advanced chip each year, with the Vera Rubin GPU expected to succeed the Blackwell Ultra in the latter half of this year, ensuring the company's sustained technological leadership and enhancing its market competitiveness.
- Increased Competitive Pressure: Although Broadcom and AMD are performing well in AI data centers, Nvidia's biggest competitive risk comes from internal chip development by its major customers, which could weaken its pricing power and gross margins.
- Future Upgrade Cycle Risks: As members of the
See More
Investors Underestimating Shift Away from U.S. Assets, Warns Tuttle
- Market Shift Warning: Matthew Tuttle, CEO of Tuttle Capital Management, warns that investors may be underestimating the shift away from U.S. assets, particularly large tech firms, as Europe and other regions reduce dependence on American platforms and policies.
- Digital Sovereignty Push: Tuttle highlights a significant move towards digital sovereignty in Europe, ensuring that core systems and communications cannot be easily disabled if relations with the U.S. deteriorate, which will impact future technology procurement and investment decisions.
- Beneficiary Companies: He identifies several European companies, including OVH Groupe, IONOS, Orange, Deutsche Telekom, and Capgemini, that could benefit from this shift, indicating a market tilt towards local technology solutions.
- Strained U.S.-EU Relations: Relations between the U.S. and EU have further strained after President Trump threatened tariffs on the EU for not supporting his Greenland acquisition bid, which may intensify scrutiny on U.S. tech companies and affect investor confidence.
See More
Liberty Global Partners with Google Cloud for Five Years
- Partnership Agreement: Liberty Global has entered into a five-year partnership with Alphabet's Google Cloud, aimed at enhancing operational efficiency through cloud computing and AI technologies, which is expected to drive synergies in digital transformation for both companies.
- Growth Outlook: This collaboration will leverage Google Cloud's advanced technologies to help Liberty Global improve service quality and customer experience, thereby gaining a larger market share in the highly competitive telecommunications sector.
- Technology Integration: By integrating Google Cloud's AI and data analytics capabilities, Liberty Global plans to optimize its network infrastructure, enhance operational efficiency, and is expected to significantly reduce operating costs while increasing profit margins.
- Strategic Importance: This partnership not only strengthens Liberty Global's technological capabilities but also demonstrates its commitment to digital transformation, which is anticipated to lay a solid foundation for future business growth.
See More
Musk's Orbital Data Center Ambition Gains Attention
- Orbital Data Center Advantage: Investor Gene Munster from Deepwater Asset Management highlights that the merger between SpaceX and xAI focuses on 'datacenters in the sky,' which are more efficient due to better solar energy access and no cooling requirements.
- IPO Flexibility: Munster notes that SpaceX is expected to go public in June this year, which will provide Musk with the financial flexibility needed to fund AI development for xAI, further advancing his business ambitions.
- Market Valuation Outlook: Munster predicts that the combined entity of SpaceX-xAI could be valued at around $1.2 trillion, showcasing the immense potential of this merger, especially in comparison to Nvidia's competitive target.
- Speculative Merger Insights: Reports suggest that Musk may also be considering a merger between SpaceX and Tesla, hinting at a possible 'convergence' of his enterprises that could create new strategic opportunities.
See More
