Fintel reports that on February 23, 2026, Wells Fargo upgraded their outlook for Alphabet (NasdaqGS:GOOGL) from Equal-Weight to Overweight.
Analyst Price Forecast Suggests 7.15% Upside
As of February 3, 2026, the average one-year price target for Alphabet is $337.50/share. The forecasts range from a low of $186.85 to a high of $420.00. The average price target represents an increase of 7.15% from its latest reported closing price of $314.98 / 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 7,119 funds or institutions reporting positions in Alphabet. This is an decrease of 76 owner(s) or 1.06% in the last quarter. Average portfolio weight of all funds dedicated to GOOGL is 1.97%, an increase of 10.51%. Total shares owned by institutions decreased in the last three months by 0.93% to 5,021,316K shares. 
The put/call ratio of GOOGL is 0.83, indicating a bullish outlook.
What are Other Shareholders Doing?
VTSMX - Vanguard Total Stock Market Index Fund Investor Shares holds 185,966K shares representing 3.19% ownership of the company. In its prior filing, the firm reported owning 184,305K shares , representing an increase of 0.89%. The firm increased its portfolio allocation in GOOGL by 2.59% over the last quarter.
VFINX - Vanguard 500 Index Fund Investor Shares holds 165,201K shares representing 2.84% ownership of the company. In its prior filing, the firm reported owning 162,079K shares , representing an increase of 1.89%. The firm increased its portfolio allocation in GOOGL by 3.20% over the last quarter.
Geode Capital Management holds 146,193K shares representing 2.51% ownership of the company. In its prior filing, the firm reported owning 143,526K shares , representing an increase of 1.82%. The firm increased its portfolio allocation in GOOGL by 26.92% over the last quarter.
Norges Bank holds 97,553K shares representing 1.68% ownership of the company. In its prior filing, the firm reported owning 0K shares , representing an increase of 100.00%.
Price T Rowe Associates holds 83,963K shares representing 1.44% ownership of the company. In its prior filing, the firm reported owning 85,451K shares , representing a decrease of 1.77%. The firm increased its portfolio allocation in GOOGL by 27.50% over the last quarter.
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This story originally appeared on Fintel.
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