Piper Sandler raises target for Alphabet stock to USD 400.00
Published on 10/15/2026 at 11:12 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWSGrowth and analyst timing
- Piper Sandler set a USD 400.00 target for Alphabet on September 28, 2026.
- Alphabet reported USD 119.80 billion in second-quarter 2026 revenue and a 34.00 percent operating margin.
- Alphabet stock traded at EUR 305.23 at 11:06 a.m. CEST at Lang & Schwarz on October 15, 2026.
Piper Sandler raised its Alphabet price target from USD 395.00 to USD 400.00 in a report dated September 28, 2026, as reported by Ground News. Alphabet will discuss third-quarter 2026 results on October 28, according to its investor-relations announcement dated October 6, 2026.
Three events shape the setup
On June 3, 2026, Alphabet announced an USD 84.75 billion equity capital raise to expand artificial-intelligence infrastructure, according to Alphabet. On July 22, Alphabet reported second-quarter revenue of USD 119.80 billion, up 24.00 percent from the year-earlier quarter. On September 28, Piper Sandler raised its target to USD 400.00.
What does Q2 mean for margins?
Alphabet's second-quarter operating income reached USD 40.77 billion and its operating margin was 34.00 percent, according to the standardized financial statement for the period ended June 30, 2026. The same quarter produced diluted earnings per share of USD 9.11. Yahoo Finance reported that Google Cloud revenue rose 82.00 percent to USD 24.80 billion, while Cloud operating income increased to USD 8.80 billion from USD 2.80 billion a year earlier.
October 28 brings the next test
The company scheduled its third-quarter 2026 financial-results conference call for October 28, 2026, at 4:30 p.m. Eastern Time. The release is due before the call, according to Alphabet. For investors, the key balance is whether Cloud growth can continue while infrastructure spending weighs on cash generation.
Stock quote and investor view
Alphabet is listed on the NASDAQ under the symbols GOOG and GOOGL. The company operates through Google Services, Google Cloud and Other Bets, giving the October report several operating measures beyond advertising revenue.
Alphabet was trading at EUR 305.23 at Lang & Schwarz on October 15, 2026 at 11:06 a.m. CEST. The next results date and the USD 400.00 target give investors two dated reference points for assessing the stock's valuation.
The further course of trading is shown by the continuously updated real-time quote of Alphabet A stock.
Alphabet A stock facts
- Company: Alphabet Inc.
- ISIN: US02079K3059
- WKN: A14Y6F
- Ticker: GOOGL
- Primary exchange: NASDAQ
- Price Lang & Schwarz (as of October 15, 2026, 11:06 a.m. CEST): EUR 305.23
- Sector / Industry: Communication Services / Internet Content and Information
- Next earnings date: October 28, 2026
Market context: Market report S&P 500.
