Citizens JMP Alphabet (Google) · GOOGL

Citizens JMP Reiterates Market Outperform on Alphabet, $515 Price Target

1 min read Reproduced verbatim
Rating
Market Outperform
Unchanged
Target
$515
Upside
+84%
GOOGL at $280 today
Citizens JMP and Alphabet (Google) logos

What the analyst said

Citizens analyst Andrew Boone reiterated a Market Outperform rating and $515.00 price target on Alphabet (NASDAQ: GOOGL).

“Former Character.ai founder and current VP of Engineer at Google Noam Shazeer is leaving to go to OpenAI. Google (GOOGL, MO, $515 PT) paid $2.7B to license Character.ai’s technology.

While we acknowledge the breadth of the team, it highlights the risks of acquihires.

Going backwards, the bear case on Google from 2-3 years ago was that it would lose talent to OpenAI and Anthropic and not be able to catch up in AI development.

We continue to monitor executive movement for that reason.”

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.

Disclaimer
The price target and rating on this page are the opinion of the issuing research firm and its analyst, not of Price Target. This page is published for informational purposes only and is not investment advice, a recommendation, or an offer to buy or sell any security. Past performance does not guarantee future results. Consider your own circumstances and consult a licensed financial adviser before making investment decisions.

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.

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 $515 target is 29% above the median, the highest on the Street.

Since the note GOOGL has moved −24% (from $368). 12-month window: day 131 of 365, closes on June 22, 2027.

Track record

This callOpen: GOOGL has not reached $515 yet. This 12-month target is scored on June 22, 2027.

Firm track recordToo early to score Citizens JMP: price targets are 12-month calls and fewer than 5 of its targets are a year old. 1 of its 11 open targets have already been reached. How we score

Citizens JMP on Alphabet (Google)

Citizens JMP price targets on Alphabet (Google)

8 calls from June 22, 2026 to August 26, 2026. The target stayed at $515. The rating stayed Buy.

Citizens JMP targetGOOGL share price
  1. August 26, 2026Kept the $515 targetBuy$515
  2. August 24, 2026Kept the $515 targetBuy$515
  3. August 17, 2026Kept the $515 targetBuy$515
  4. August 14, 2026Kept the $515 targetBuy$515
  5. July 24, 2026Kept the $515 targetBuy$515
  6. July 23, 2026Kept the $515 targetBuy$515
  7. July 13, 2026Kept the $515 targetBuy$515
  8. June 22, 2026 This noteEarliest call shownBuy$515
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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.