Alphabet C, US02079K1079

Alphabet stock rises 1.20 percent as targets climb

Published on 09/25/2026 at 11:52 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

Alphabet stock posted USD 119.80 billion in second-quarter revenue, up 24.2 percent year over year on July 23, 2026. Evercore raised its target to USD 450 from USD 420.

Fotorealistisches Rechenzentrum mit Serverreihen, Cloud-Infrastruktur, blaues Licht — Fotorealistisches Rechenzentrum mit Serverreihen symbolisiert Cloud-Infrastruktur von Alphabet Inc. (Class C), ISIN US02079K1079, Kapitalmarkt-Fokus, Illustration mit AI erstellt.

Alphabet stock (ISIN US02079K1079) stood at USD 339.01 on Nasdaq on September 24, 2026, up 1.20 percent from the prior close of USD 334.98. The move followed fresh analyst support, while the company enters the next earnings cycle with quarterly revenue growth of 24.2 percent.

Analysts lift their targets

On September 18, 2026, Investing.com reported that Evercore analyst Mark Mahaney raised his Alphabet price target to USD 450 from USD 420 and reiterated a Buy rating. The revision followed an Evercore survey in which 78 percent of respondents named Google as their primary search engine in August 2026, up from 70 percent in 2024 and early 2025.

The same Investing.com report said Tigress Financial raised its target to USD 485 from USD 415 on September 18, 2026. These target increases put the emphasis on search resilience as Alphabet expands its artificial intelligence infrastructure spending.

Quarterly growth sets the benchmark

Alphabet's latest reported quarter delivered USD 119.80 billion in revenue against a USD 116.53 billion consensus estimate, according to MarketBeat. Revenue increased 24.2 percent year over year, while quarterly EPS reached USD 9.11 against a USD 2.87 consensus estimate, producing a USD 6.24 beat.

The results provide a demanding comparison for the next report: Alphabet must sustain double-digit revenue growth while converting heavy AI investment into stronger search and cloud economics. The next earnings announcement is listed for October 28, 2026, on Yahoo Finance's earnings calendar.

Stock remains below its yearly high

Alphabet stock's Nasdaq price of USD 339.01 on September 24, 2026, remained below the 52-week high of USD 404.47 and above the 52-week low of USD 236.69. Its market capitalization stood at USD 4,114,192,290,253.00, giving the analyst targets a clear valuation reference without turning them into a forecast.