• Jeffrey Wlodarczak from Pivotal Research sets a price target of $420 for NASDAQ:GOOG, indicating a 26% increase.
• Alphabet reports an 18% increase in revenue and a 31% growth in earnings per share for Q4 2025, with its Cloud segment experiencing a 48% rise in revenues.
• The company announces a substantial increase in its capital expenditure forecast for 2026 to between $175 and $185 billion, focusing on AI-driven technologies.

Alphabet Inc. (NASDAQ:GOOG), the parent company of Google, is a major player in the tech industry, known for its dominance in search engines, digital advertising, and cloud computing. As of February 5, 2026, Jeffrey Wlodarczak from Pivotal Research set a price target of $420 for GOOG, which is a 26% increase from its current price of $333.34. This optimistic outlook is supported by Alphabet's recent performance and strategic initiatives.

Alphabet's stock price is experiencing a surge, driven by accelerated growth in its advertising and cloud sectors. The company reported record-breaking results for the fourth quarter of 2025, with an 18% increase in revenue and a 31% growth in earnings per share, surpassing market expectations. The Cloud segment, in particular, saw a 48% rise in revenues and an increase in margins to 30%, highlighting its strong performance.

Despite these positive results, Alphabet's announcement of a substantial increase in its capital expenditure forecast for 2026, ranging from $175 to $185 billion, has caught the attention of investors and analysts. This ambitious investment plan is seen as a strategic move to maintain its competitive edge in AI-driven technologies. CEO Sundar Pichai emphasized the company's commitment to scaling its infrastructure responsibly to meet the surging demand for AI.

Alphabet's strong positioning as a leader in artificial intelligence is a key factor in its positive momentum. However, the company faces real-world constraints such as power, land, and supply chain issues, which are currently the biggest near-term challenges. Despite these challenges, Alphabet is investing in custom chips like tensor processing units (TPUs) to address the unprecedented demand for AI technologies.

The current stock price of GOOG is $333.34, reflecting a decrease of 2.16% or $7.36. The stock has fluctuated between a low of $329.37 and a high of $344.25 today. Over the past year, GOOG has reached a high of $350.15 and a low of $142.66. With a market capitalization of approximately $4.02 trillion and a trading volume of 32.53 million shares, Alphabet remains a significant player in the tech industry.