The first week of 2026 showcased that Wall Street analysts remain decisively bullish about Alphabet (NASDAQ: GOOGL) stock in the coming 12 months. Specifically, the four major rating revisions assigned to Google’s shares have all been positive and forecast the equity will rally up to 21% in the next 52 weeks.
The least optimistic rating was assigned by Melius Research, and, though the company issued a ‘Hold’ rating, features a price target upgrade from $305 to $350. Simultaneously, the most positive revision came from Canaccord Genuity’s Maria Ripps, who, along with ranking GOOGL as a ‘Buy,’ believes a 20% rally to $390 is in the cards.
The remaining two ratings were issued on January 4 and January 5 by Jefferies and Wolfe Research and feature price targets of $365 and $380 – 12% and 17% above the press time price of $323.86 – respectively, according to the latest data Finbold retrieved from TipRanks.
Why Wall Street is bullish about Google stock in 2026
Generally, Wall Street analysts have backed their optimism by citing Google’s continued strong position within the artificial intelligence (AI) boom, exemplified by products such as Gemini and Veo.
They have also described Alphabet axws a company with an unparalleled data moat, which, according to Wall Street, all but guarantees the technology giant will retain its dominant position.
Still, multiple analysts have noted that Google’s revenue growth is likely to be somewhat slower in 2026 and have offered comparatively modest stock upside predictions for the year.
Considering Alphabet shares’ 2025 performance, it appears unlikely that another such 12-month rally is possible for the time being.
GOOGL stock rallies more than 60% in 12 months
Indeed, Google has been one of the best-performing blue-chip companies as it rocketed 66.98% in the last 12 months, rising from $195.39 to its press time price of $323.86.
Despite the tempered optimism of Wall Street, the first week of 2026 hints at a continued advance as GOOGL shares are up 3.28% in the year-to-date (YTD) charts.
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