Quick Read – GOOG trades at a forward P/E of 26 despite 82% earnings growth, driving our BUY rating and $445 price target implying 20% upside. – GOOGL’s Google Cloud surged 63% in Q1 with a $460 billion backlog nearly doubling, providing years of locked-in revenue visibility. -…
phabet (NASDAQ:GOOG) has gone from AI laggard to AI leader in roughly twelve months, and the market is finally paying attention. Yet at $371.10, the stock still trades at a fraction of the multiple investors hand to other Magnificent Seven names
That gap is the foundation of our call. Alphabet screens as one of the cleanest large-cap AI setups in the market today. Our 24/7 Wall St. price target for Alphabet is $445.38, implying 20.02% upside over the next twelve months.
Our recommendation is buy with a high 90% confidence level, supported by accelerating Cloud growth, a Search business that refuses to break, and a forward P/E of 26 that looks reasonable against an 82% earnings growth rate. 24/7 Wall St. Price Target Summary From $177 to $371: A Year Most Investors Will Not Forget Alphabet is up 109.15% over the past year and 18.41% year to date, with shares now sitting just 1% below the 52-week high of $404.23. The catalyst was Q1 2026, reported April 29, 2026, when GOOG delivered $109.90 billion in revenue (up 21.8%) and EPS of $5.11 against a $2.63 estimate.