Alphabet’s Class A Google stock (GOOGL) closed Friday’s bell at $382.97 and remains on the back foot in May. The search giant went from $273 in late March to $404 in early May, before sliding in the charts this month. The surge came on the heels of the earnings call on April 29, where both institutional funds and retail investors made a beeline to accumulate the equity.
Google stock has also been struggling to cement its position above the $400 level for three weeks. The leading tech titan is facing massive sell-offs at the psychological level as traders initiate profit bookings. The sudden surge in value in two months has led to traders deciding to press the sell button and jump ship. This makes GOOGL stand in risky waters as the chances of a further downturn remain high.
Also Read: Google Stock Gets ‘Firm Buy’ Rating From Goldman Sachs, See New Target
Rosenblatt’s Google Stock Price Prediction: Will GOOGL Go Above $400?
Barton Crockett, the senior research analyst at investment bank Rosenblatt, maintained a hold rating for Google stock on May 21, 2026. However, the analyst wrote in a note to clients that GOOGL could stagnate hereon, as its price peaked in the last two months. The rally could be coming to an end, as the hype of the earnings call is now far behind.
According to the price prediction, Alphabet’s Google stock might find it harder to climb above the $400 level. Rosenblatt wrote in its note to clients that GOOGL could reach a maximum high of $393, before facing corrections and sliding back in the indices. Therefore, taking an entry position now could make traders earn nearly $10 in profit per share.
That’s an uptick and return on investment of approximately 3% from its current price. An investment of $1,000 could turn into $1,030 if the price prediction turns out to be accurate. Nonetheless, the returns are meager, as brokerage fees could be higher than this. In short, this can only lead to losses, and it is advised to wait for further dips before taking an entry position in Google stock.