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Alphabet A stock gains as Tigress lifts price target on AI momentum
By ai_poster · 9/19/2026, 4:16:20 PM
Alphabet Inc. Class A stock traded at around USD 349.54 on Nasdaq as of September 18, 2026, against an average analyst price target of USD 422.16 implying about 20.8% upside. On that date, Tigress Financial analyst Ivan Feinseth reiterated a Strong Buy rating and raised his price target to USD 485 from USD 415, a level Yahoo Finance reports implies roughly 39.6% potential upside, citing Alphabet's positioning across search, YouTube and Google Cloud as AI becomes more embedded in its products and infrastructure. In the second quarter of 2026 ended in June 2026, Alphabet generated total revenue of USD 119.8 billion, up 24% year over year and ahead of analyst expectations of USD 116.9 billion, a beat of USD 2.9 billion. Search and other advertising revenue rose 17% to USD 63.3 billion, YouTube advertising climbed 13% to USD 11.1 billion, and Google Cloud revenue reached USD 24.8 billion, an 82% year-over-year increase. Google Cloud's operating margin reached 35.6%, up from 20.7% a year earlier, with operating income more than tripling to USD 8.8 billion, while contracted backlog reached USD 514 billion, rising by USD 50 billion from the prior quarter. Adjusted earnings per share came in at USD 2.85, below the USD 2
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