Alphabet stock gets a new USD 400.00 target from Piper Sandler
Published on 09/29/2026 at 07:54 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS
Alphabet stock (ISIN US02079K1079) was last at USD 339.16 on Nasdaq on September 28, 2026, at 4:00 p.m. ET, down 0.56 percent from the prior close. According to MarketBeat on September 28, 2026, Piper Sandler raised its target for Alphabet from USD 395.00 to USD 400.00.
Piper Sandler lifts target to USD 400.00
The new target is 17.93 percent above the September 28 price of USD 339.16. Piper Sandler also assigned an overweight rating, giving the latest analyst change a clear numerical anchor for Alphabet stock.
The wider analyst picture remains positive but divided on valuation. MarketBeat reported a consensus Buy rating and a consensus price target of USD 419.93, while Goldman Sachs had cut its target from USD 440.00 to USD 435.00 in an earlier report cited in the same September 28 overview.
Q2 revenue reaches USD 119.80 billion
Alphabet's Q2 2026 revenue reached USD 119.80 billion, up 24.2 percent from the same quarter a year earlier, according to MarketBeat in its September 28, 2026 report. Earnings per share came to USD 9.11 against a USD 2.87 consensus estimate, a USD 6.24 positive difference.
Alphabet lists the Q2 2026 results under July 22, 2026. The combination of 24.2 percent revenue growth and the EPS comparison explains why analysts continue to emphasize earnings power even as AI infrastructure spending raises the cost base.
Stock remains below its yearly high
At USD 339.16, Alphabet stock stood 16.15 percent below its 52-week high of USD 404.47 and above its low of USD 236.69 on September 28, 2026. The latest market capitalization was USD 4.1 trillion, while session volume reached 13,768,136 shares.
For investors, the key tension is visible in the numbers: quarterly growth is accelerating, while the share price remains below its yearly peak and the analyst range extends from USD 400.00 to USD 419.93.
Alphabet stock trades at USD 339.16
Alphabet stock was last at USD 339.16 on Nasdaq on September 28, 2026, at 4:00 p.m. ET, with a daily change of -0.56 percent.
Alphabet Class C stock snapshot
- Company: Alphabet Inc. Class C
- ISIN: US02079K1079
- Ticker: GOOG
- Trading venue: Nasdaq
- Price (as of September 28, 2026, 4:00 p.m. ET): USD 339.16, last at
- Market capitalization: USD 4.1 trillion (as of September 28, 2026)
- 52-week range: USD 236.69-404.47 (as of September 28, 2026)
- Sector / Industry: Communication Services / Internet Content and Information
