JPMorgan lifts target for Alphabet stock from USD 420 to USD 425
Published on 10/22/2026 at 11:20 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWSTarget changes and earnings preparation
- Alphabet reported USD 119.80 billion in revenue for the second quarter on July 22, 2026.
- JPMorgan lifted its Alphabet target to USD 425.00 on October 15, 2026.
- Alphabet stock traded at EUR 293.50 at 11:12 a.m. CEST at Lang & Schwarz on October 22, 2026.
- Alphabet is scheduled to report third-quarter results on October 28, 2026.
Alphabet A (ISIN US02079K3059) was quoted at EUR 293.50 at Lang & Schwarz on October 22, 2026 at 11:12 a.m. CEST. The immediate company catalyst is JPMorgan's target increase from USD 420.00 to USD 425.00 on October 15, 2026, as reported by MarketBeat.
Three dates frame the setup
On July 22, 2026, Alphabet reported USD 119.80 billion in second-quarter revenue and adjusted earnings per share of USD 9.11, compared with a consensus estimate of USD 2.87, according to Yahoo Finance. On October 15, JPMorgan lifted its target from USD 420.00 to USD 425.00, while Alphabet's second-quarter revenue growth had reached 24.00 percent. The next company event is the October 28, 2026 third-quarter earnings release after the market close, with a conference call scheduled for 4:30 p.m. ET, according to MarketBeat.
What does Cloud mean for margins?
Google Cloud is the main operating test before the next report. Revenue reached USD 24.77 billion in the second quarter, up 82.00 percent year over year, while Cloud operating income rose to USD 8.81 billion and the operating margin reached 35.60 percent, according to Yahoo Finance. That combination gives the upcoming results a precise investor question: can accelerating Cloud demand continue to fund the infrastructure required for artificial intelligence without compressing group profitability?
Analyst optimism meets spending risk
BMO Capital raised its target from USD 465.00 to USD 480.00 on October 20, 2026, while KeyBanc lowered its target from USD 435.00 to USD 410.00, according to Investing.com. The split reflects the central tension around Alphabet: Cloud growth is powerful, but artificial intelligence investment and execution remain important tests for future margins.
Stock price and next date
Alphabet stock was trading at EUR 293.50 at Lang & Schwarz on October 22, 2026 at 11:12 a.m. CEST. The next scheduled company event is the October 28, 2026 third-quarter report after the US market close. The further course of trading is shown by the continuously updated real-time quote of Alphabet stock.
Alphabet A stock facts
- Company: Alphabet Inc.
- ISIN: US02079K3059
- Ticker: GOOGL
- Primary exchange: Nasdaq
- Price Lang & Schwarz (as of October 22, 2026, 11:12 a.m. CEST): EUR 293.50
- Sector / Industry: Communication Services / Internet Content and Information
- Market capitalization: USD 4.0 trillion (as of October 21, 2026)
- 52-week range: USD 244.67-404.47 (as of October 21, 2026)
Market context: Market report S&P 500.
