Citizens JMP Alphabet (Google) · GOOGL

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

August 31, 2026 Analyst: Andrew Boone 1 min read Reproduced verbatim
Rating
Buy
Unchanged
Target
$515
Unchanged
Upside
+54%
GOOGL at $335 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) on August 31, 2026.

“Anthropic explored then abandoned the acquisition of Matx, an AI-chip company founded by former Google (GOOGL, MO, $515 PT) TPU engineers…with the announcement of OpenAI’s Jalapeño chip, vertical integration is just beginning for the frontier labs.”

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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 $335. The 17 analysts who set a target in the last 3 months range from $380 to $515, with a median of $425. This $515 target is 21% above the median, the highest on the Street.

Since the note GOOGL has moved −3% (from $347). 12-month window: day 51 of 365, closes on August 31, 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 24, 2026 to October 14, 2026. The target stayed at $515. The rating stayed Buy.

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

TruistBuy Kept rating and price target · Oct 21 $420maintained MizuhoBuy Kept rating and price target · Oct 21 $460maintained BMO CapitalBuy Raised price target +3%, kept rating · Oct 20 $480from $465 KeyBancBuy Cut price target −6%, kept rating · Oct 19 $410from $435 JP MorganBuy Raised price target +1%, kept rating · Oct 15 $425from $420
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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.