Alphabet stock gains 1.56 percent as analyst targets rise
Published on 10/03/2026 at 23:45 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS
Alphabet stock (ISIN US02079K3059) closed at USD 343.50 on Nasdaq on October 2, 2026, up 1.56 percent on the session. The latest market signal combines a fresh gain with analyst targets that remain above USD 400, while Alphabet's latest reported quarter delivered USD 119.80 billion in revenue.
Analyst targets stay above USD 400
MarketBeat lists a USD 425.60 average target from 55 analysts as of October 2, 2026, compared with the USD 343.50 closing price. That is a 23.90 percent implied upside, giving the consensus view a clear numerical lead over the current quotation.
The most recent target change in the table came from Piper Sandler on September 28, 2026. The firm lifted its target from USD 395.00 to USD 400.00 and retained an Overweight rating, according to MarketBeat.
Quarterly revenue reaches USD 119.80 billion
Alphabet's quarter reported on July 23, 2026, produced diluted EPS of USD 9.11 against a USD 2.87 consensus estimate. Revenue reached USD 119.80 billion versus USD 116.53 billion expected, while revenue increased 24.2 percent year over year, according to MarketBeat. The combination of revenue growth and the EPS comparison explains why analyst expectations remain materially above the latest share price.
Stock remains below its yearly high
At USD 343.50 on Nasdaq on October 2, 2026, Alphabet's share price stood 15.93 percent below its 52-week high of USD 408.61 and 45.65 percent above its 52-week low of USD 235.84. Market capitalization was USD 4.2 trillion and session volume reached 22,734,069 shares.
Alphabet stock at a glance
- Company: Alphabet Inc.
- ISIN: US02079K3059
- WKN: A14Y6F
- Ticker: GOOGL
- Trading venue: Nasdaq
- Closing price (October 2, 2026): USD 343.50
- Daily change: +1.56 percent
- Market capitalization: USD 4.2 trillion (as of October 2, 2026)
- 52-week range: USD 235.84-408.61 (as of October 2, 2026)
- Sector / Industry: Communication Services / Internet Content and Information
- Index membership: Nasdaq-100 and S&P 500
