What the analyst said

TD Cowen analyst John Blackledge lowered the price target on Alphabet (NASDAQ: GOOG) to $460 (from $485) while maintaining a Buy rating.

“Slight Miss on Search & YouTube; Cloud Rev Doubles on AI Surge; GOOG rev was (0.3%) vs cons, reflecting ~2% miss (vs cons) at Search & YouTube, while Cloud rev was +6.9% vs cons (but 3.5% below our est).

Op Inc was (6%) vs cons; AI was a key driver at Cloud & Search, while Cloud backlog grew to $561BN, +9% q/q. 3Q capex was ~8% below our est’s, while mgmt. reiterated ’26 capex guide.

We slightly trimmed LT ests; PT to $460, maintain Buy. Shares (9%) AH.”

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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 $460 target is 15% above the median.

12-month window: day 0 of 365, closes on October 29, 2027.

Track record

This callOpen: a 12-month target, scored on October 29, 2027, a year after the note.

Firm track recordTD Cowen: 87% of its 31 targets at least a year old were reached within 12 months (#9 of 21 firms). Accuracy ranking →

Earnings reactionOne of 25 notes after Alphabet (Google)’s Oct 28 results: 0 raised · 21 cut · 3 kept. See every call →
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Other analysts on Alphabet (Google)

BMO CapitalBuy Cut price target −11%, kept rating Oct 29 $425from $480 CantorBuy Cut price target −17%, kept rating Oct 29 $350from $420 RBC CapitalBuy Cut price target −6%, kept rating Oct 29 $400from $425 UBSHold Cut price target −13%, kept rating Oct 29 $332from $380 Piper SandlerBuy Cut price target −14%, kept rating Oct 29 $345from $400
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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.