Bank of America’s senior analyst Justin Post has maintained his buy rating for Alphabet’s Google stock (NASDAQ: GOOG). In a note to clients on Tuesday (June 30, 2026), the analyst revised his price target. He urged institutional buyers to remain focused on Alphabet and not panic amid the recent sell-offs.
His note comes after GOOG saw a 15% drop down to the $345–$350 zone, which caused retail traders to panic. Several commentators also warned that Google stock could slide below the $300 level. All of these led to a sense of fight or flight, seeing GOOG in skeptical eyes.
Also Read: How Much Is a $5,000 SpaceX IPO Investment Worth Today?
Bank of America’s Google Stock Price Target
The Bank of America analyst has predicted that Google stock could reach the $430 price target. That’s a profit of up to $77 per share if invested today when the equity is trading at $353. It also implies a return on investment (ROI) of nearly 22% from its current price. Therefore, an investment of $1,000 could turn into $1,220 if the price prediction turns out to be accurate. This is decent growth, as very few assets deliver double-digit returns.
Justin Post actively advised institutional clients that Alphabet’s structural advantages are built to withstand the near-term noise. He noted that Google is uniquely positioned to dominate the transition toward Agentic AI systems. He also wrote that Alphabet is weaving advanced LLM layers directly across its dominant ecosystem, which can bring in more revenue for the company and scale up Google stock. This consumer monetization will rise naturally, as it tends to cater to its user base.
Bank of America has been defending its bullish price target for Google stock in 2026. The analyst is confident that GOOG will comfortably sit above the $400 zone next. Taking an entry position at the ongoing $350+ level, or buying the dips, can be beneficial. Not just Bank of America, several Wall Street analysts have predicted that Google stock’s next stop is above $400.