BMO Capital Hikes GOOGL Price Target Ahead of Earnings

Alphabet is preparing to release its earnings report on July 22, 2026, and major financial players are already adjusting their positions. BMO Capital recently doubled down on its positive outlook, with Managing Director Brian Pitz maintaining a buy rating on the stock. The firm increased its price target for GOOGL from $435 to $455, signaling strong confidence in the company before the results go public.

Currently, GOOGL is trading around the $348 level after a slight dip of 2.6 percent over the last five days. If the new price target holds true, investors could see a return of approximately 31 percent. Analysts suggest that entries below the $350 mark may offer significant profit potential if the company meets or exceeds the updated expectations.

Wall Street has set the consensus earnings per share at $2.86, which represents a 23.8 percent increase compared to last year. Most attention will be on the performance of Google Cloud, which remains a primary growth driver. For the stock to push past $400, the company will likely need to show that its cloud division can continue its rapid expansion beyond the $20 billion mark set last quarter.