Google’s Alphabet stock (NASDAQ: GOOG) opened Tuesday’s bell at $299.02. The equity remains rangebound at $300 with the conflict in the Middle East and rising oil prices stunting its growth. However, two leading global banks upgraded their price predictions for GOOG, offering a bullish thesis.
The global banks are bullish on the company’s AI and cloud growth, which could pivot its price when the conflict de-escalates. Alphabet is also positioning itself as the leader of the AI segment that can drive its growth. Below are the two banks that provided a bullish forecast for Google’s Alphabet stock.
Also Read: AI Predicts Google Stock Price For March 31, 2026 (GOOGL)
Google Alphabet Stock Price Prediction: GOOG To Reach $400
Goldman Sachs: New Price Target: $400 (Upgraded from $375)
Goldman Sachs is highly bullish on Google Cloud, which has seen explosive growth. The investment bank noted that Google’s Cloud backlog reached a massive $240 billion, proving that enterprise businesses are locked in for the long term. The latest price prediction from Goldman Sachs estimates Google’s Alphabet stock to reach $400. The previous forecast stood at $375, and the upgrade makes GOOG an equity to watch out for.
Scotiabank: New Price Target: $400 (Upgraded from $375)
Scotiabank also provided a bullish price prediction for Google’s Alphabet stock, with the target being $400. The bank’s previous target for GOOG remained at $375, and it increased the target. They noted Alphabet’s massive “top-line beat” in revenue and wrote how the firm is blending Search and online advertising by integrating with AI. This will drive faster growth and pivot Google into a new era of tech, wrote Scotiabank.
Watcher Guru’s Take:
Google’s Alphabet stock is caught in the crosshairs of the global conflict that refuses to de-escalate. When the war cools down, Wall Street’s focus will remain firmly on the AI and Cloud infrastructure. Accumulating GOOG below the $300 price level now could be beneficial to investors. If Goldman Sachs and Scotiabank’s price predictions turn true, Alphabet would be among the biggest winners of 2026.