Citizens JMP Affirms Market Outperform on Alphabet, $515 Price Target
- Rating
- Buy
- Unchanged
- Target
- $515
- Unchanged
- Upside
- +48%
- GOOGL at $348 today
What the analyst said
Citizens analyst Andrew Boone reiterated a Market Outperform rating and $515 price target on Alphabet (NASDAQ: GOOGL).
“YouTube (GOOGL, MO, $515 PT) global time spent declined ~1.4% Y/Y, a second negative month. Global MAU grew +2.4% Y/Y and global DAU +1.3%.
YouTube remains the leader in share of U.S. and global time spent (~33% and ~28%), though it ceded ~175bps of global share Y/Y to Instagram and TikTok while gaining ~90bps in the U.S.
U.S. time spent grew +4.2% Y/Y, decelerating ~2 points M/M from +6.5%. Remember that more than half of U.S. consumption of YouTube now takes place on TV, which we are not capturing here.”
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 $348. 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.
12-month window: day 0 of 365, closes on October 14, 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.
- October 14, 2026 This noteKept the $515 targetBuy$515
- October 9, 2026Kept the $515 targetBuy$515
- August 31, 2026Kept the $515 targetBuy$515
- August 26, 2026Kept the $515 targetBuy$515
- August 24, 2026Kept the $515 targetBuy$515
- August 17, 2026Kept the $515 targetBuy$515
- August 14, 2026Kept the $515 targetBuy$515
- July 24, 2026Earliest call shownBuy$515
