Cantor Fitzgerald Upgrades Alphabet to Buy with $370 Price Target
Written by Emily J. Thompson, Senior Investment Analyst
Updated: Jan 08 2026
0mins
Source: CNBC
- Rating Upgrade: Cantor Fitzgerald upgraded Alphabet from hold to buy and raised its price target from $310 to $370, reflecting analysts' confidence in its strong positioning in the AI tech sector, particularly with the success of its Gemini large language models, which is expected to drive future performance growth.
- Market Dynamics: Despite the Nasdaq's decline on Thursday as investors moved away from tech stocks, the Dow rose, indicating market volatility at the start of the new year; Jim Cramer advised investors to remain cautious and avoid making significant investment decisions at this time.
- Industry Outlook: Texas Roadhouse stock has had a strong start to 2026, surging nearly 8% year-to-date, but Jim Cramer cautioned that rising beef prices pose ongoing risks, suggesting potential impacts on future earnings and stock performance.
- Rapid Recap: Other stocks mentioned in Thursday's video included Constellation Brands, Ford, Gap, AbbVie, and Darden, highlighting a focus on a diversified investment portfolio, with Jim Cramer's charitable trust holding positions in TXRH and GOOGL, further emphasizing confidence in these companies.
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Analyst Views on GOOGL
Wall Street analysts forecast GOOGL stock price to rise over the next 12 months. According to Wall Street analysts, the average 1-year price target for GOOGL is 338.25 USD with a low forecast of 279.00 USD and a high forecast of 390.00 USD. However, analyst price targets are subjective and often lag stock prices, so investors should focus on the objective reasons behind analyst rating changes, which better reflect the company's fundamentals.
34 Analyst Rating
27 Buy
7 Hold
0 Sell
Strong Buy
Current: 336.010
Low
279.00
Averages
338.25
High
390.00
Current: 336.010
Low
279.00
Averages
338.25
High
390.00
About GOOGL
Alphabet Inc. is a holding company. The Company's segments include Google Services, Google Cloud, and Other Bets. The Google Services segment includes products and services such as ads, Android, Chrome, devices, Google Maps, Google Play, Search, and YouTube. The Google Cloud segment includes infrastructure and platform services, collaboration tools, and other services for enterprise customers. Its Other Bets segment is engaged in the sale of healthcare-related services and Internet services. Its Google Cloud provides enterprise-ready cloud services, including Google Cloud Platform and Google Workspace. Google Cloud Platform provides access to solutions such as artificial intelligence (AI) offerings, including its AI infrastructure, Vertex AI platform, and Gemini for Google Cloud; cybersecurity, and data and analytics. Google Workspace includes cloud-based communication and collaboration tools for enterprises, such as Calendar, Gmail, Docs, Drive, and Meet.
About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
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