Piper Sandler raises target for Alphabet stock from USD 395.00 to USD 400.00
Published on 10/01/2026 at 14:43 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS
Alphabet (ISIN US02079K3059) stock received a higher USD 400.00 target from Piper Sandler, up from USD 395.00 in the September 28, 2026 report, according to MarketBeat. The modest euro-session gain leaves the valuation story tied more closely to Alphabet's earnings execution and AI spending than to the daily move.
Target moves to USD 400.00
Piper Sandler maintained its Overweight rating while lifting the target by USD 5.00, a 1.27 percent increase from USD 395.00. The call gives Alphabet a fresh analyst reference point, but its target is stated in US dollars and is separate from the euro quotation at Lang & Schwarz.
The broader analyst picture is also positive. MarketBeat reported an average Buy rating and a USD 425.60 consensus target, while noting regulatory pressure and insider selling as counterweights to the growth case.
Revenue reaches USD 119.80 billion
Alphabet's second-quarter 2026 revenue rose 24.00 percent year over year to USD 119.80 billion, while operating income increased 30.00 percent to USD 40.77 billion, according to NadirAlpha. The 34.00 percent operating margin shows that Alphabet expanded profit faster than sales in the period.
Google Cloud revenue grew 82.00 percent to USD 24.80 billion in the second quarter of 2026, making cloud execution a central test for the higher targets. At the same time, Alphabet's investment cycle remains heavy, with second-quarter capital expenditures of USD 44.92 billion and operating cash flow of USD 39.07 billion.
Next results set for October 28
Alphabet is scheduled to report its next quarterly results on October 28, 2026, after the market close, according to Yahoo Finance. That report will show whether the second-quarter combination of 24.00 percent revenue growth and 82.00 percent Cloud growth is carrying into the next period.
Alphabet stock stays nearly unchanged
Alphabet stock was trading at EUR 309.08 at Lang & Schwarz on October 1, 2026 at 2:36 p.m. CEST, up 0.07 percent versus the prior close of EUR 308.85. The quote is an intraday euro reference for German investors, while the primary listing is Nasdaq under ticker GOOGL.
The further course of trading is shown by the continuously updated real-time quote of Alphabet stock.
Alphabet A stock facts
- Company: Alphabet Inc.
- ISIN: US02079K3059
- Ticker: GOOGL
- Primary exchange: Nasdaq
- Price Lang & Schwarz (as of October 1, 2026, 2:36 p.m. CEST): EUR 309.08
- Change versus prior close: plus 0.07 percent
- Prior close Lang & Schwarz (September 30, 2026): EUR 308.85
- Market capitalization: USD 4.2 trillion (as of September 30, 2026)
- Sector / Industry: Communication Services / Internet Content and Information
