GOOG

Wells Fargo Upgrades Alphabet (GOOG)

Fintel reports that on February 23, 2026, Wells Fargo upgraded their outlook for Alphabet (NasdaqGS:GOOG) from Equal-Weight to Overweight.

Analyst Price Forecast Suggests 8.66% Upside

As of February 4, 2026, the average one-year price target for Alphabet is $338.69/share. The forecasts range from a low of $187.51 to a high of $421.48. The average price target represents an increase of 8.66% from its latest reported closing price of $311.69 / share.

See our leaderboard of companies with the largest price target upside.

The projected annual revenue for Alphabet is 376,472MM, a decrease of 6.54%. The projected annual non-GAAP EPS is 8.11.

What is the Fund Sentiment?

There are 6,080 funds or institutions reporting positions in Alphabet. This is an decrease of 10 owner(s) or 0.16% in the last quarter. Average portfolio weight of all funds dedicated to GOOG is 1.49%, an increase of 7.15%. Total shares owned by institutions increased in the last three months by 2.25% to 3,706,899K shares. GOOG / Alphabet Inc. Put/Call Ratios The put/call ratio of GOOG is 0.77, indicating a bullish outlook.

What are Other Shareholders Doing?

VTSMX - Vanguard Total Stock Market Index Fund Investor Shares holds 150,387K shares representing 2.77% ownership of the company. In its prior filing, the firm reported owning 147,592K shares , representing an increase of 1.86%. The firm increased its portfolio allocation in GOOG by 3.22% over the last quarter.

VFINX - Vanguard 500 Index Fund Investor Shares holds 133,259K shares representing 2.45% ownership of the company. In its prior filing, the firm reported owning 131,352K shares , representing an increase of 1.43%. The firm increased its portfolio allocation in GOOG by 2.34% over the last quarter.

J. Stern & Co. LLP holds 112,092K shares representing 2.06% ownership of the company. In its prior filing, the firm reported owning 392K shares , representing an increase of 99.65%. The firm increased its portfolio allocation in GOOG by 32.18% over the last quarter.

Geode Capital Management holds 108,118K shares representing 1.99% ownership of the company. In its prior filing, the firm reported owning 108,237K shares , representing a decrease of 0.11%. The firm decreased its portfolio allocation in GOOG by 33.62% over the last quarter.

Jpmorgan Chase holds 100,603K shares representing 1.85% ownership of the company. In its prior filing, the firm reported owning 99,530K shares , representing an increase of 1.07%. The firm increased its portfolio allocation in GOOG by 36.47% over the last quarter.

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This story originally appeared on Fintel.

The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.

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