Truist Securities Raises Alphabet Price Target to $415

Truist Securities analyst Youssef Squali raised the price target on Alphabet (NASDAQ: GOOGL) to $415.00 (from $385.00) while maintaining a Buy rating.

“GOOGL’s stronger 1Q26 results with accelerating growth across Search and Cloud and higher margins are the clearest signs yet of the positive impact of the AI investments mgmt has been making in the last few years and of the vertical integration strategy it has pursued.

The Search performance in particular suggests that the rise of Gen AI is expanding the Search TAM, that Google’s dominant position remains unchallenged and that this remains its war to lose.

Capex is likely to remain higher for longer but so should the growth and margin profiles of the company, keeping GOOGL attractive at current levels.

We’re raising our estimates and price target to $415 from $385.”

This research note is reproduced verbatim from the issuing firm. Price Target never edits, paraphrases or alters analysts’ words — we only republish them in one place.