Bank of America Gives Double-Digit Price Prediction for Google Stock

NewsWed, 12 Aug 2026 11:30:57 UTC1 hour ago
Bank of America Gives Double-Digit Price Prediction for Google Stock

Alphabet’s Google stock (NASDAQ: GOOG) opened Wednesday’s trading session at $343 after seeing a decline of 3.61% the previous day. The search engine giant is struggling to maintain momentum above the $360 level and is experiencing repeated slides back to the $340 zone. After Alphabet announced it would increase its AI capex from $180 billion to $205 billion in 2026, investors have been skeptical of the stock’s prospects.

On the heels of the price grind and skepticism, Bank of America Securities analyst Justin Post has maintained his buy rating for Alphabet’s Google stock. He wrote in a note to clients on Tuesday (August 11, 2026), stressing that the ongoing price stagnation is a temporary phase and GOOG is on the path to reclaiming the $400 wall. The leading investment bank is confident in the equity prospects, calling its AI spending disciplined.

Also Read: Warren Buffett Spends His Cash Pile, Buys $14.5 Billion in Google Stock

Alphabet’s Google Stock Price Target: Bank of America Securities Goes Bullish

Source: Reuters

Bank of America Securities analyst has given Alphabet’s Google stock a price target of $430. That’s a profit of nearly $87 per share if traders take an entry position at today’s price of $343. It is also an uptick and return on investment (ROI) of approximately 25% from its current value. Therefore, an investment of $1,000 could turn into $1,250 if the price prediction from Justin Post turns out to be accurate and reaches the mentioned target. That’s double-digit gains and can make traders’ portfolios swell.

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