Alphabet shares fell 7.63% over the past week and trade at $314.19 ahead of the third-quarter report, even as Google Cloud grew 82% last quarter. The 24/7 Wall St. 12-month price target is $421.17, implying 34.05% upside, and its Buy rating carries 70% confidence. Cloud generated $24.77 billion in revenue, with an operating margin of 35.6% versus 20.7% a year earlier and a backlog of $514 billion. Risks include capital spending up 100.14% to $44.92 billion, which pushed free cash flow to -$5.86 billion, and long-term debt rising from $46.5 billion to $98.2 billion. The bear case is $366.77, and the author sees the target as conservative because it implies about 16x earnings, below Microsoft and Meta.
Summary written by Upside AI from the original article. Read the source for full details.
Original headline: Prediction: Alphabet’s Biggest Opportunity Could Still Be Ahead
Read the original on Yahoo Finance ↗
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Alphabetearningsvaluationcloud computing
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Related tickers and likely impact
GOOGL
▲ Likely positiveAlphabet Inc. (Class A)
Relevance: low
| Market | US stocks |
|---|---|
| Sector | Communication Services |
| Industry | Interactive Media & Services |
| Market cap | $4.0T |
| Close on 10/29/2026 | 283.75 |
| Change that session | -12.66% |
Impact is scored by AI from the headline and may be wrong. It is not investment advice.
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