Alphabet Stock Forecast: Trending Buy Calls From Top Analysts

Alphabet’s Class A (GOOGL) stock has surged 3.3% in the past week, 21.7% over the last month, and an impressive 121.1% in the past year. Wall Street’s analysts are firmly bullish, with a StrongBuy consensus and a 12‑month average price target of about $390.36, implying meaningful upside from the last closing price of $349.94.

Analyst Thomas Champion of Piper Sandler reiterated his Buy rating on (GOOGL) on April 30, 2026, lifting his price target to $425.00. His 5‑year DCF work and a 1Q26 earnings beat across revenue and operating income underpin his view that Alphabet’s mix of cloud strength and resilient search makes it one of the cleanest stories among mega‑cap tech names.

Champion highlights that Alphabet’s total 1Q26 revenue reached $109.9 billion, up 22% year over year, driven by record Google Cloud performance and solid search growth of 19% with queries at all‑time highs. He notes that operating income of $39.7 billion came in 5.7% above his forecast, while a cloud backlog that nearly doubled to $462 billion signals powerful enterprise AI demand.

Stifel analyst Mark Kelley also reiterated a Buy on (GOOGL) on April 29, 2026, raising his target price to $420.00. Kelley points to AI‑driven acceleration, with net revenue of about $95 billion and operating income of $40 billion both beating consensus, and argues Alphabet remains the key beneficiary of AI momentum in his coverage universe.

Kelley emphasizes that Google Cloud’s 63% year‑over‑year growth, a 33% margin, and a $462 billion backlog support management’s decision to boost 2026 capex to $180–190 billion and plan even higher spending in 2027. Both analysts acknowledge risks from regulation, spending, and execution, but their positive stance and strong track records on TipRanks suggest many investors will keep a close eye on this name; never miss a stock rating and find all the latest ratings on TipRanks’ Top Wall Street Analysts page.