Alphabet's Stock Price Up, Positive Opinion Surrounds Company

Alphabet's stock price has risen by 1.4% and 1.1%, respectively, as reported in MarketBeat articles. Seeking Alpha highlights analysts' opinions on the company's valuation, while Yahoo Finance provides market performance insights.

GOOGL shares have pulled back roughly 14% from their all-time high of $343.45 hit in early February 2026, settling near $295 as broad macro headwinds and digital ad demand concerns weigh on sentiment. Despite the selloff, analyst consensus remains strongly bullish — 45+ analysts carry a Buy or Strong Buy rating with average 12-month price targets in the $351-$376 range, implying 17-27% upside from current levels.

The fundamental drivers are compelling: Google Cloud posted $17.66 billion in Q4 2025 revenue, up 34% year-over-year, driven by enterprise demand for Gemini-powered AI workloads, with cloud backlog jumping 55% sequentially. Gemini reached 750 million monthly active users by year-end 2025, generating $1.2 billion in subscription revenue. Alphabet has guided for $175-$185 billion in 2026 capital expenditures — nearly double 2025 levels — signaling a major AI infrastructure commitment, with ads planned inside the Gemini chatbot as a new revenue stream.

The antitrust overhang remains the key risk: after Judge Mehta declined to order a Chrome or Android divestiture in September 2025, the DOJ and 35 states have appealed to the D.C. Circuit Court, with oral arguments expected in late 2026. Morgan Stanley estimates that mandatory choice screens from the remedy could cost GOOGL 5-8% of search traffic over three years, putting $15-$25 billion in annual ad revenue at potential risk. Wells Fargo trimmed its target to $361 on April 2 while maintaining Overweight.