Alphabet Stock Price Target Raised by TD Cowen to $375

Alphabet's stock price target has been increased by TD Cowen to $375, reflecting potential cloud growth. Analysts remain bullish on the company, driven in part by cloud growth expectations.

TD Cowen raised its stock price target for Alphabet (GOOGL) to $375 from $365, reflecting growing confidence in the company's cloud infrastructure buildout and the monetization of its AI capabilities. The revision comes as Google Cloud continues to gain enterprise traction, with analysts pointing to expanding AI workload demand as a key revenue driver heading into the next earnings cycle.

The upward revision adds to a broadly bullish analyst consensus for Alphabet, as the company's cloud segment has demonstrated accelerating growth relative to prior quarters. With competitors like Microsoft Azure and AWS investing heavily in AI infrastructure, Alphabet has sought to differentiate through its Gemini model integration across Google Workspace and Cloud offerings.

Despite mixed options market sentiment, with shares up just 0.23% on the day, analyst expectations reflect a longer-term view that Alphabet's AI-native product integrations and substantial data center investments position it for sustained revenue growth. Investors will closely watch the next earnings report for cloud revenue trajectory and operating margin expansion, which are the primary metrics driving the current cycle of analyst target increases.