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Alphabet stock dips but AI growth and cloud revenue boost buy rating with 28% upside potential.

Analyst Insights
23 Jun 2026
24/7 Wall Street
View Source
Bullish
pluang ai news

Alphabet's stock fell nearly 5% last week amid news of key AI researchers leaving, yet it remains up over 11% year-to-date. Strong Q1 earnings beat expectations with revenue rising 21.8% and Google Cloud revenue surpassing $20 billion, growing 63%. The bullish outlook is driven by rapid AI monetization and cloud expansion, with a price target of $445.85 implying 27.8% upside. Risks include rising capital expenditures, talent losses, and regulatory challenges, but the long-term growth story remains intact with potential for significant gains through 2030.

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