What the analyst said

Stifel analyst Mark Kelley reiterated a Buy rating and $420.00 price target on Alphabet (NASDAQ: GOOGL).

“Earlier today, we listened to the headline keynote address at Google I/O, featuring Sundar Pichai (CEO of Alphabet), Demis Hassabis (co-founder and CEO of DeepMind), Liz Reid (VP of Search), and Josh Woodward (VP of Google Labs and Gemini), amongst others.

The presentation focused on Google’s various AI models, including the new Gemini 3.5 Flash and Omni models, Antigravity 2.0, as well as other new features on Android and Chrome, and other AI integrations across Google’s suite of products; the company also announced and offered demos for several new products and features at the event.

Alphabet remains our top pick in AI (Stifel Select List); today’s event highlighted the company’s ability to bring continued product innovations to the consumer and demonstrated an improving competitive position in the AI race.”

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Where the price stands

GOOGL trades at $280. The 31 analysts who set a target in the last 3 months range from $300 to $485, with a median of $400. This $420 target is 5% above the median.

Since the note GOOGL has moved −28% (from $388). 12-month window: day 164 of 365, closes on May 20, 2027.

Track record

This callOpen: GOOGL has not reached $420 yet. This 12-month target is scored on April 30, 2027. Same target as this firm’s April 30, 2026 note, so it is scored there.

Firm track recordStifel: 91% of its 35 targets at least a year old were reached within 12 months (#3 of 21 firms). Accuracy ranking →

Stifel on Alphabet (Google)

Stifel price targets on Alphabet (Google)

5 calls from January 23, 2026 to May 20, 2026. The target went from $346 to $420 (+21%). The rating stayed Buy.

Stifel targetGOOGL share price
  1. May 20, 2026 This noteKept the $420 targetBuy$420
  2. April 30, 2026Target raised from $387 (+9%)Buy$420
  3. April 13, 2026Target cut from $395 (−2%)Buy$387
  4. February 5, 2026Target raised from $346 (+14%)Buy$395
  5. January 23, 2026Earliest call shownBuy$346
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Other analysts on Alphabet (Google)

Wells FargoBuy Cut price target −11%, kept rating Oct 30 $371from $417 TD CowenBuy Cut price target −5%, kept rating Oct 29 $460from $485 BMO CapitalBuy Cut price target −11%, kept rating Oct 29 $425from $480 CantorBuy Cut price target −17%, kept rating Oct 29 $350from $420 RBC CapitalBuy Cut price target −6%, kept rating Oct 29 $400from $425
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Price Target is an archive of Wall Street analyst research, published for informational purposes only. Nothing on this site is investment advice, a recommendation, or an offer to buy or sell any security. Analyst ratings and price targets are the opinions of the issuing firms, not of Price Target. Always do your own research or consult a licensed financial adviser.