Citizens JMP Alphabet (Google) · GOOGL

Citizens Affirms Market Outperform on Alphabet, $515 Price Target

August 26, 2026 Analyst: Andrew Boone 1 min read Reproduced verbatim
Rating
Buy
Unchanged
Target
$515
Unchanged
Upside
+46%
GOOGL at $352 today
Citizens JMP and Alphabet (Google) logos

What the analyst said

Citizens analyst Andrew Boone reiterated a Market Outperform rating and $515 price target on Alphabet (NASDAQ: GOOGL).

“Alphabet (GOOGL, MO, $515 PT) last closed at $346.96, which implies shares trade for 21.3x our 2027 GAAP EPS of $16.27. Our unchanged $515 price target is based on ~32x our 2027E GAAP EPS.

We justify our rating and price target given its distribution with consumers across search, YouTube and Android, the growth of GCP, and its leading margins.”

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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 $352. The 24 analysts who set a target in the last 3 months range from $350 to $515, with a median of $420. This $515 target is 23% above the median, the highest on the Street.

Since the note GOOGL has moved +1% (from $347). 12-month window: day 46 of 365, closes on August 26, 2027.

Track record

This callOpen: GOOGL has not reached $515 yet. This 12-month target is scored on August 24, 2027. Same target as this firm’s August 24, 2026 note, so it is scored there.

Firm track recordToo early to score Citizens JMP: price targets are 12-month calls and fewer than 3 of its targets are a year old. 1 of its 9 open targets have already been reached. How we score

Citizens JMP on Alphabet (Google)

Citizens JMP price targets on Alphabet (Google)

8 calls from July 23, 2026 to October 9, 2026. The target stayed at $515. The rating stayed Buy.

Citizens JMP targetGOOGL share price
  1. October 9, 2026Kept the $515 targetBuy$515
  2. August 31, 2026Kept the $515 targetBuy$515
  3. August 26, 2026 This noteKept the $515 targetBuy$515
  4. August 24, 2026Kept the $515 targetBuy$515
  5. August 17, 2026Kept the $515 targetBuy$515
  6. August 14, 2026Kept the $515 targetBuy$515
  7. July 24, 2026Kept the $515 targetBuy$515
  8. July 23, 2026Earliest call shownBuy$515
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Other analysts on Alphabet (Google)

BMO CapitalBuy Kept rating · Oct 9 NeedhamBuy Kept rating and price target · Oct 7 $450maintained Yorkville IvesBuy Initiated coverage · Oct 7 $400 Wells FargoBuy Raised price target +1%, kept rating · Oct 6 $417from $411 KeyBancBuy Kept rating and price target · Oct 1 $435maintained
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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.