Buy Alphabet at $350 Because Wall Street’s Former Fear is Now Officially Dead
This financial analysis argues that Alphabet (GOOGL) is a compelling buy at $351.99, as the fear that conversational AI would cannibalize Google Search has been invalidated by strong Q1 2026 results. Google Search revenue hit $60.4 billion (up 19% YoY), and Google Cloud surged 63% to $20 billion with a $460 billion backlog. EPS beat estimates by 94%. Despite this, the stock has lagged the S&P 500 since its Q1 report. The article notes risks including soaring capex ($180-190 billion guided for 2026), antitrust overhang, and insider selling. However, with 57 analysts rating it a Buy and a consensus target of $433.51 (23% upside), the author concludes buyers win at current levels. The piece also promotes a separate list of top AI stocks.
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Buy Alphabet at $350 Because Wall Street’s Former Fear is Now Officially Dead
This financial analysis argues that Alphabet (GOOGL) is a compelling buy at $351.99, as the fear that conversational AI would cannibalize Google Search has been invalidated by strong Q1 2026 results. Google Search revenue hit $60.4 billion (up 19% YoY), and Google Cloud surged 63% to $20 billion with a $460 billion backlog. EPS beat estimates by 94%. Despite this, the stock has lagged the S&P 500 since its Q1 report. The article notes risks including soaring capex ($180-190 billion guided for 2026), antitrust overhang, and insider selling. However, with 57 analysts rating it a Buy and a consensus target of $433.51 (23% upside), the author concludes buyers win at current levels. The piece also promotes a separate list of top AI stocks.