Alphabet (GOOGL, Financial) has been upgraded by JMP Securities with a change in rating from "Market Perform" to "Market Outperform". The move reflects confidence in the company's future prospects and performance. Analyst Andrew Boone led this evaluation.
Despite the upgrade, the price target for Alphabet (GOOGL, Financial) remains unchanged at $220.00 USD. This suggests that while the analyst foresees an outperformance in the market, the immediate valuation of the stock is still considered stable at the current price target.
The upgrade was announced on June 27, 2025, providing a positive outlook for GOOGL on the NASDAQ exchange, underpinning its potential for growth within the market. Stakeholders may view this as a favorable sign for future investment opportunities in Alphabet's stock.
Wall Street Analysts Forecast
Based on the one-year price targets offered by 49 analysts, the average target price for Alphabet Inc (GOOGL, Financial) is $201.80 with a high estimate of $250.00 and a low estimate of $160.00. The average target implies an upside of 16.29% from the current price of $173.54. More detailed estimate data can be found on the Alphabet Inc (GOOGL) Forecast page.
Based on the consensus recommendation from 55 brokerage firms, Alphabet Inc's (GOOGL, Financial) average brokerage recommendation is currently 1.9, indicating "Outperform" status. The rating scale ranges from 1 to 5, where 1 signifies Strong Buy, and 5 denotes Sell.
Based on GuruFocus estimates, the estimated GF Value for Alphabet Inc (GOOGL, Financial) in one year is $197.51, suggesting a upside of 13.81% from the current price of $173.54. GF Value is GuruFocus' estimate of the fair value that the stock should be traded at. It is calculated based on the historical multiples the stock has traded at previously, as well as past business growth and the future estimates of the business' performance. More detailed data can be found on the Alphabet Inc (GOOGL) Summary page.
