Analyst Lifts Alphabet Price Target to $425 on Strong Q1 2026 Results and Accelerating AI-Driven Growth

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2026.04.30 17:45
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Analyst Saiyi He from CMB International Securities has raised the price target for Alphabet Class C to $425, maintaining a Buy rating. This adjustment follows Alphabet's strong Q1 2026 results, where revenue and operating income exceeded expectations, driven by growth in Search and Cloud. The analyst highlights the positive impact of AI on Alphabet's core businesses, enhancing ad monetization and cloud revenue. J.P. Morgan also supports a Buy rating with a higher price target of $460.