Overview
- Pivotal Research’s Jeff Wlodarczak lifted Alphabet’s target to a Street-high $400 and kept a Buy rating, highlighting resilience in Search, momentum for Gemini, YouTube strength, and potential cost advantages from TPUs.
- FactSet shows 84% of covering analysts now rate Alphabet a Buy, with the average price target rising to $332 from $211 a year ago.
- Cantor Fitzgerald’s Deepak Mathivanan reiterated a Neutral rating with a $310 target, seeing Gemini 3 driving benefits into FY26 but warning that recent gains leave shares vulnerable to near-term consolidation.
- A Yahoo Finance run of a ChatGPT model projected a December average price of $330.25 based on technicals, indicating modest upside while flagging overbought conditions; the forecast is model-driven rather than fundamental.
- Recent reporting notes quarterly revenue above $100 billion with mid-teens growth and margin expansion, as Google Cloud demand builds and TPUs emerge as a credible option alongside Nvidia GPUs for certain AI workloads.