Reviewed by Gotrade Internal Analyst
Jakarta, Gotrade News - Alphabet Inc. kicked off 2026 with a bang, hitting a fresh all-time high. The jump to $330 on January 8 was fueled by the massive AI hype.
Key Takeaways
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Wells Fargo hiked their target to $350 due to Google Cloud's growth.
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Analysts acknowledge Alphabet's dominance in the global AI tech stack.
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The highest price target currently sits at a bullish $390.
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Wells Fargo is the latest to jump on the bandwagon with a positive outlook. Analyst Ken Gawrelski raised his Google stock prediction from $268 to $350.
Based on reports from Finbold, this move aims to rectify missing last year's positive inflection. Wells Fargo is now more bullish on search and Google Cloud Platform's momentum.
This upgrade extends a winning streak involving seven major analyst revisions this year. Cantor Fitzgerald also shared the optimism with a solid $370 price target.
Analyst Deepak Mathivanan noted that the company has a massive footprint in AI technology. This provides a strong competitive edge in the ongoing global tech race.
Canaccord Genuity went even further by upping their target from $330 to $390. Analyst Maria Ripps credited Gemini's rapid scaling as the main reason for this outlook.
However, some experts suggest staying cautious after the recent massive price run-up. Mizuho Securities remains a bit more conservative with a $365 target and Buy rating.
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Currently, Alphabet's stock performance has gained 4.22 percent since the start of the year. Investors are now watching if this AI momentum can sustain these record levels.
Reference:
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Finbold, Analysts update Google stock price target for 2026. Accessed on January 13, 2026
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Featured Image: Shutterstock
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