KeyBanc Boosts Alphabet Price Target to $445
- Rating
- Overweight
- Unchanged
- Target
- $445
- from $425 (+5%)
- Upside
- +59%
- GOOGL at $280 today

What the analyst said
KeyBanc analyst Justin Patterson raised the price target on Alphabet (NASDAQ: GOOGL) to $445 (from $425) while maintaining an Overweight rating.
“Cloud and Search Keep Rolling; While we no longer expect the staggering q/q backlog growth seen in recent months, we still believe consensus is underestimating the durability of Google Cloud and Search growth.
We believe these businesses should help Alphabet sustain 20%+ revenue growth in 2026E-2028E, resulting in our revenue forecast that is ~5% above Street revenue in 2027E and 2028E.
Our new PT of $445 reflects our higher forecast and roll to 2028E valuation (25x P/E, backed by sumof-the-parts). We maintain our OW rating.”
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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 $445 target is 11% above the median.
Since the note GOOGL has moved −22% (from $359). 12-month window: day 113 of 365, closes on July 10, 2027.
Track record
This callOpen: GOOGL has not reached $445 yet. This 12-month target is scored on July 10, 2027.
Firm track recordKeyBanc: 88% of its 16 targets at least a year old were reached within 12 months (#8 of 21 firms). Accuracy ranking →
KeyBanc on Alphabet (Google)
KeyBanc price targets on Alphabet (Google)
8 calls from January 26, 2026 to October 19, 2026. The target went from $360 to $410 (+14%). The rating stayed Buy.
- October 19, 2026Target cut from $435 (−6%)Buy$410
- October 1, 2026Target cut from $445 (−2%)Buy$435
- July 10, 2026 This noteTarget raised from $425 (+5%)Buy$445
- April 30, 2026Target raised from $380 (+12%)Buy$425
- April 22, 2026Kept the $380 targetBuy$380
- April 20, 2026Target raised from $370 (+3%)Buy$380
- February 5, 2026Target raised from $360 (+3%)Buy$370
- January 26, 2026Earliest call shownBuy$360




