From 24/7 Wall St. · Vandita Jadeja · · 50s
Alphabet Stock Could Still Rise
Google's stock may climb 26.86% to $431.74 by 2027.
In brief
Google's stock may climb 26.86% to $431.74 by 2027. Alphabet's stock has room to grow to $431.74 from $340.34 by 2027. Originally reported by 24/7 Wall St..
Alphabet Stock Target
24/7 Wall St. predicts Alphabet stock could rise 26.86% to $431.74 in 12 months.
Cloud Growth Accelerating
Google Cloud revenue growth jumped from 34% to 82% in two quarters.
Stock Price Gap
Alphabet stock sits 16.4% below its 52-week high of $403.96.
Analyst Ratings
13 analysts rate Alphabet a Strong Buy, 44 rate it Buy with no Sells.
Cloud Backlog
Google Cloud backlog hits $514 billion, expected to turn into revenue within 24 months.
AI Strategy
AI Mode has passed 1 billion monthly users, with TPU sales expected in 2027.
The key point
Alphabet's stock has room to grow to $431.74 from $340.34 by 2027.
