Alphabet may have about 20% upside, Jim Cramer says

The article reports CNBC's Jim Cramer said Alphabet could reach about $400, implying roughly 20% upside. It also notes the stock hit an all-time high near $338 after a 65% gain in 2025.

CNBC commentator Jim Cramer reiterated his bullish view on Alphabet and suggested the stock could move toward $400. The article places that comment in the context of a strong 2025 rally for the company. It reports Alphabet shares reached an all-time high near $338 following a roughly 65% gain in 2025. The piece also highlights growing sentiment around the company's role in generative AI and a reported multi-year partnership with Apple for its Gemini models. Key facts: - The article mentions Jim Cramer saying Alphabet could go to $400 and sees about 20% upside. - The article reports shares reached an all-time high near $338, after a 65% gain in 2025. - The article says sentiment has strengthened as Alphabet is increasingly seen as a generative AI leader and that it has a multi-year partnership with Apple to bring Gemini to Apple products. - The article cites Bank of America noting further gains would depend on Gemini maintaining technological leadership, cost advantages from custom TPUs, and increased search monetization. - The article notes an Investing Club initiated an Alphabet position in late December and would wait for a pullback to add more, while maintaining a $350 target and a neutral rating. Summary: Cramer's comments and recent AI-related developments are described as part of the narrative supporting investor interest in Alphabet. Undetermined at this time.