Goldman Sachs Gives Google Stock ‘Strong Buy’ Rating: See Target

Alphabet’s Google stock (NASDAQ: GOOG) opened Thursday’s trading session at $360. The search engine giant is looking to reclaim the $400 level, but the ongoing market conditions are stunting its growth. The company faced fresh scrutiny after it announced an increase in capital expenditure from $180 billion to $205 billion to build its AI infrastructure in 2026. This has ruffled a lot of feathers on Wall Street, which is critical of overspending, and the risk of negative revenue is high.

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Google Stock Price Prediction: See Goldman Sachs’ New Target

On the heels of the heightened volatility, leading investment bank Goldman Sachs has given Alphabet’s Google stock a ‘strong buy’ rating. Eric Sheridan, the Partner and Managing Director at Goldman Sachs, wrote in a note to clients sent last week, urging them to start taking entry positions in GOOG. He highlighted that the search engine giant’s price is consolidating in value and is ready for the next leg up. A push from here could take the Magnificent 7 asset above the $400 zone.

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