Truist Cuts Alphabet Price Target to $420

1 min read Reproduced verbatim
Rating
Buy
Target
$420
from $430 (−2%)
Upside
+49%
GOOGL at $283 today
Truist and Alphabet (Google) logos

What the analyst said

Truist Securities analyst Youssef Squali lowered the price target on Alphabet (NASDAQ: GOOGL) to $420 (from $430) while maintaining a Buy rating.

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 $283. 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 −17% (from $342). 12-month window: day 105 of 365, closes on July 23, 2027.

Track record

This callOpen: GOOGL has not reached $420 yet. This 12-month target is scored on July 23, 2027.

Firm track recordTruist: 78% of its 27 targets at least a year old were reached within 12 months (#17 of 26 firms). Accuracy ranking →

Earnings reactionOne of 18 notes after Alphabet (Google)’s Jul 22 results: 3 raised · 9 cut · 6 kept. See every call →

Truist on Alphabet (Google)

Truist price targets on Alphabet (Google)

6 calls from February 5, 2026 to October 29, 2026. The target went from $385 to $410 (+6%). The rating stayed Buy.

Truist targetGOOGL share price
  1. October 29, 2026Target cut from $420 (−2%)Buy$410
  2. October 21, 2026Kept the $420 targetBuy$420
  3. July 23, 2026 This noteTarget cut from $430 (−2%)Buy$420
  4. June 1, 2026Target raised from $415 (+4%)Buy$430
  5. April 30, 2026Target raised from $385 (+8%)Buy$415
  6. February 5, 2026Earliest call shownBuy$385
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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.