TD Cowen raises target for Alphabet stock to USD 485.00
Published on 10/08/2026 at 16:32 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWSKey points in brief
- TD Cowen raised its Alphabet target from USD 475.00 to USD 485.00 on October 8, 2026, while keeping a Buy rating.
- Second-quarter revenue rose 24.00 percent to USD 119.80 billion, and Google Cloud revenue increased 82.00 percent to USD 24.80 billion.
- Alphabet stock was EUR 313.90 at Lang & Schwarz on October 8, 2026, plus 0.40 percent versus the EUR 312.65 prior close.
- Alphabet is scheduled to discuss third-quarter 2026 results on October 28, 2026.
Alphabet stock (ISIN US02079K3059) was trading at EUR 313.90 at Lang & Schwarz on October 8, 2026 at 4:30 p.m. CEST, up 0.40 percent versus the EUR 312.65 prior close. On October 8, 2026, TD Cowen raised its Alphabet price target from USD 475.00 to USD 485.00 while maintaining a Buy rating, as Investing.com reported.
TD Cowen raises its target
The new USD 485.00 target followed TD Cowen's view that Google Cloud revenue could more than double in the third quarter after 82.00 percent growth in the second quarter. The firm estimated Alphabet's third-quarter revenue growth at 30.30 percent year over year, 2.70 percentage points above consensus, while its operating income estimate was 3.70 percent below consensus, according to Investing.com.
Three milestones shape the story
On July 22, 2026, Alphabet reported second-quarter revenue of USD 119.80 billion, up 24.00 percent year over year, while operating income increased 30.00 percent to USD 40.80 billion, according to ScanX News.
On September 17, 2026, Tigress Financial raised its target from USD 415.00 to USD 485.00 and maintained a Strong Buy rating, while Alphabet's second-quarter Google Cloud revenue reached USD 24.80 billion, up 82.00 percent year over year, according to BigGo Finance.
On October 8, 2026, TD Cowen became the latest named analyst house in this sequence to move its target to USD 485.00. The sequence matters because the target increase rests on operating evidence, not only on an artificial intelligence theme.
What does cloud growth mean?
Google Cloud's second-quarter operating margin expanded to 35.60 percent from 20.70 percent a year earlier, while cloud operating income more than tripled to USD 8.80 billion, according to ScanX News. The combination of 82.00 percent revenue growth and a 35.60 percent margin gives the analyst case a measurable operating anchor, although Alphabet's expanding infrastructure spending remains a counterweight.
Next results date is October 28
Alphabet is scheduled to discuss its third-quarter 2026 financial results on October 28, 2026, with the conference call set for 1:30 p.m. Pacific time, according to Worldnews.com.
Alphabet stock holds above its prior close
Alphabet stock was trading at EUR 313.90 at Lang & Schwarz on October 8, 2026 at 4:30 p.m. CEST, plus 0.40 percent versus the EUR 312.65 prior close. The regular Nasdaq session context remains separate from the euro quotation used here. 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
- Ticker: GOOGL
- Primary exchange: NASDAQ
- Price Lang & Schwarz as of October 8, 2026, 4:30 p.m. CEST: EUR 313.90
- Change versus prior close: plus 0.40 percent
- Prior close Lang & Schwarz October 7, 2026: EUR 312.65
- Market capitalization: USD 4.3 trillion as of October 8, 2026
- 52-week range: USD 235.84-408.61 as of October 8, 2026
- Sector / Industry: Communication Services / Internet Content and Information
Market context: Market report S&P 500.
