Alphabet Inc. (NASDAQ:GOOGL) is one of the Best Multibagger Stocks to Buy for the Long Term. On April 10, Mizuho analyst Lloyd Walmsley raised his price target on the company’s shares to $420 from $410, while maintaining an “outperform” rating, reflecting a ~32% upside from the closing price of $317.24. Notably, the company raised its revenue estimates for Google Cloud, supported by signals related to the Anthropic partnership as well as a refined analysis of the order book.
It anticipates cloud revenue to reach $149 billion in 2027, compared to the Bloomberg consensus of $116 billion. Strong margins can also drive significant profit growth. Additionally, the company also noted TPU-related revenue upside, thanks to more favorable economics over time. It also raised Alphabet Inc.’s (NASDAQ:GOOGL) 2026 EPS estimate to $11.81 from the consensus estimates of $11.62 and the 2027 estimate to $14.04 from the previous estimate of $13.56.
Alphabet Inc. (NASDAQ:GOOGL) is a holding company that operates Google services such as search engines, advertising platforms, Internet browsers, devices, mapping software, app stores, video streaming and more.
While we recognize GOOGL’s potential as an investment, we believe certain AI stocks offer greater growth potential and carry less downside risk. If you’re looking for an extremely undervalued AI stock that’s also benefiting significantly from Trump-era tariffs and the offshoring trend, check out our free report on best short-term AI stock.
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