Since the start of February 2026, four Wall Street firms have maintained a unanimous Buy recommendation on GOOGL shares, with three raising or confirming bullish 12-month price targets. Goldman Sachs reaffirmed a projected upside of approximately 7.9%, while Bank of America’s estimate implies a roughly 6.5% gain. Jefferies’ recent upgrade was the most aggressive, nudging its target up by nearly 9.6%. Only Evercore ISI held its previous objective, which would denote a modest retracement if reached, yet still sustains a Buy rating.

Google shares have delivered one of the steadiest returns among large-cap tech peers, rallying more than 70% over the last 52 weeks. The momentum has carried into 2026, with the stock up over 10% since January 1. This consistency—uncommon during bouts of broader market volatility—has underpinned analysts’ confidence in the company’s underlying fundamentals and growth runway.

Alphabet’s expansion in generative AI continues to be a key growth driver. The rollout of advanced models—Gemini, Veo 3 and Nano Banana—has been coupled with commercial partnerships, most notably Waymo’s recent $16 billion funding round, which bolsters the parent company’s autonomous-vehicle unit. While some investors note potential earnings pressure from capital allocations to AI infrastructure, the diversified revenue streams across Search, Cloud and other bets are viewed as mitigating long-term risk.