Before Alphabet (NASDAQ: Google) Next week’s stock earnings report, more Wall Street analysts are pointing to bullish sentiment for the next 12 months.
Justin Post, Analyst at Bank of America Corp. (NYSE: Buck), reiterated a buy rating on Google shares in a note to clients analyzed by Finbold on July 16. The publication raised the bank’s 12-month price target for GOOGL. stock to $430 from $370.92, suggesting a potential upside of 15.94%.
On Thursday, Yusuf Squali, a Wall Street analyst at Truist Financial Corp. (NYSE: Untie it), maintain a buy rating for Google stock. Squali set the company’s 12-month price target for Alphabet shares at $430.
Is Google a good stock to buy?
Earlier today, Ronald Gozzi, a Wall Street analyst at Citigroup (NYSE) said: C), reiterated a Buy rating for GOOGL stock. Meanwhile, Josey set the bank’s 12-month price target for Google shares at $447, suggesting a potential upside of 20.52%.
Post noted more bullish sentiment for GOOGL stock before July 22, 2026, Alphabet stock Earnings report, due to expected strong revenue. With strong demand for Google Cloud Platform amid the AI boom, Post noted an optimistic outlook for the company.
“We expect second-quarter (Q2) revenue of $102.1 billion and earnings per share (EPS) of $8.38, compared to Wall Street estimates of $101.0 billion in revenue and $2.90 in EPS. We estimate an $80 billion benefit to Q2 operating income from the revaluation of the company’s stake in Anthropic, whose valuation rose from $380 billion in Q1 to $965 billion in the second quarter.” sharing male.
Google stock forecast and performance
Following the latest GOOGL stock ratings, 34 Wall Street analysts Surveyed by TripRanks It set a 12-month average price target of $435.78. With an average Strong Buy rating, these analysts expect a potential upside of 17.3%.
Analysts’ bullish sentiment could be boosted by rising demand for underlying AI stocks. Furthermore, Google stock is up more than 17% year-to-date, trading at around $371.69 at press time.
As such, if GOOGL stock continues to benefit as an AI stock, analysts’ bullish target could be achieved and vice versa.
