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BMO Capital raises Alphabet price target to $410, citing AI and cloud momentum ahead of Q1 2026 earnings

Yahoo Finance AIApr 27, 20261 min read
BMO Capital raises Alphabet price target to $410, citing AI and cloud momentum ahead of Q1 2026 earnings

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3 Key Points

  1. BMO Capital analyst Brian Pitz raised Alphabet's price target to $410 from $400 and maintained an Outperform rating, citing the company's position across the AI stack and search trends suggesting Google's AI Overviews may be gaining traction.

  2. The bank lifted its 2026 Google Cloud estimate by 5%, implying 44% year-over-year growth, and noted that cloud demand remains firm with supply constraints appearing to be the main limit on faster expansion.

  3. Alphabet is scheduled to release first-quarter 2026 earnings on Wednesday, April 29, 2026, after the market closes.

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