BMO Capital Alphabet (Google) · GOOGL

BMO Capital Raises Alphabet Price Target to $480

October 20, 2026 Analyst: Brian Pitz 1 min read Reproduced verbatim
Rating
Buy
Target
$480
from $465 (+3%)
Upside
+44%
GOOGL at $334 today
BMO Capital and Alphabet (Google) logos

What the analyst said

BMO Capital analyst Brian Pitz raised the price target on Alphabet (NASDAQ: GOOGL) to $480 (from $465) while maintaining an Outperform rating.

“AI Story Still Intact; Raising Cloud Estimates and Reiterate Top Pick; Recent Gemini releases reinforce our confidence in GOOGL’s AI execution, while strong Cloud checks and scaling external TPU sales drive a 4%/17% increase to our 2026E/2027E Google Cloud revenue estimates, to $110B/$189B.

We see improving AI capabilities supporting durable Search engagement/monetization, with Cloud providing an increasingly important growth engine.

While we raise 2027E CapEx to $325B, we believe GOOGL’s full-stack capabilities and distribution support durable earnings growth.

Reiterate Outperform, Top Pick, and raise our Target Price to $480 from $465.”

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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 $334. The 25 analysts who set a target in the last 3 months range from $350 to $515, with a median of $420. This $480 target is 14% above the median.

12-month window: day 1 of 365, closes on October 20, 2027.

Track record

This callOpen: GOOGL has not reached $480 yet. This 12-month target is scored on October 20, 2027.

Firm track recordToo early to score BMO Capital: price targets are 12-month calls and fewer than 3 of its targets are a year old. 5 of its 17 open targets have already been reached. How we score

BMO Capital on Alphabet (Google)

BMO Capital price targets on Alphabet (Google)

4 calls from July 17, 2026 to October 20, 2026. The target went from $455 to $480 (+5%). The rating stayed Buy.

BMO Capital targetGOOGL share price
  1. October 20, 2026 This noteTarget raised from $465 (+3%)Buy$480
  2. October 9, 2026Rating only, no price targetBuyNo target
  3. July 23, 2026Target raised from $455 (+2%)Buy$465
  4. July 17, 2026Earliest call shownBuy$455
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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 KeyBancBuy Cut price target −6%, kept rating · Oct 19 $410from $435 JP MorganBuy Raised price target +1%, kept rating · Oct 15 $425from $420 UBSHold Raised price target +1%, kept rating · Oct 14 $380from $379
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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.