Alphabet Inc. (NASDAQ:GOOG) is included among the 15 Best S&P 500 Stocks to Buy Right Now.
Alphabet Inc. (NASDAQ:GOOG) is a holding company with segments that include Google Services, Google Cloud, and Other Bets.
On April 2, Wells Fargo trimmed the firm’s price target on Alphabet Inc. (NASDAQ:GOOG) from $397 to $361, while keeping an ‘Overweight’ rating on the shares. The lowered target still indicates an upside potential of over 22% from the current share price.
Wells Fargo views Alphabet Inc. (NASDAQ:GOOG)’s Q1 2026 as a positive turning point for cash flow revisions. The analyst firm expects the tech company to post an increase in both revenue and operating income estimates and maintain its capital expenditures steady after a prolonged period of pressure on free cash flow forecasts. Additionally, Wells expects this uptick to be driven primarily by non-cyclical factors, particularly its cloud services platform.
Alphabet Inc. (NASDAQ:GOOG) has outlined capital expenditures in the range of $175 billion to $185 billion for FY 2026. AI momentum accelerates across search, cloud, and YouTube.
While we acknowledge the potential of GOOG as an investment, we believe certain AI stocks offer greater upside potential and carry less downside risk. If you’re looking for an extremely undervalued AI stock that also stands to benefit significantly from Trump-era tariffs and the onshoring trend, see our free report on the best short-term AI stock.
READ NEXT: 15 Best High Yield Energy Stocks to Buy Now and 14 Best Energy Stocks to Buy According to Wall Street Analysts
Disclosure: None. Follow Insider Monkey on Google News.
