Alphabet Inc., US02079K3059

KeyBanc cuts target for Alphabet stock to USD 410.00

Published on 10/26/2026 at 10:58 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

Q2 revenue reached USD 119.80 billion, up 24.00 percent. Alphabet stock costs EUR 288.03 on October 26, 2026, 0.42 percent below the Xetra close.

Analyst view and operating scale

On October 19, 2026, KeyBanc lowered its target from USD 435.00 to USD 410.00.
Alphabet reported USD 119.80 billion of revenue in Q2 2026, up 24.00 percent year over year.
Alphabet stock trades at EUR 288.03 at 10:52 a.m. CEST at Lang & Schwarz on October 26, 2026, 0.42 percent below the Xetra close of October 23, 2026.

Trading-Floor mit großen Bildschirmen, Kurscharts und der Aufschrift NASDAQ — Börsen-Editorial vom Nasdaq-Handelsraum mit Kurscharts repräsentiert Alphabet Inc. (Class A), ISIN US02079K3059, Aktienhandel, Illustration mit AI erstellt.

Alphabet A (ISIN US02079K3059) is trading at EUR 288.03 at Lang & Schwarz on October 26, 2026 at 10:52 a.m. CEST, 0.42 percent below the Xetra close of October 23, 2026 at EUR 289.25. The immediate catalyst is a KeyBanc target cut to USD 410.00 from USD 435.00, reported on October 19, 2026.

Three events shape the setup

Alphabet announced an USD 84.75 billion equity capital raise on June 3, 2026, according to Alphabet. On July 22, 2026, the company announced second-quarter results, with revenue of USD 119.80 billion, up 24.00 percent from the prior-year quarter, according to Alphabet. On October 19, 2026, KeyBanc cut its target from USD 435.00 to USD 410.00 while retaining its Overweight rating, as Benzinga reported.

What does the target cut change?

The lower USD 410.00 target puts valuation and execution ahead of a simple growth narrative. KeyBanc analyst Justin Patterson cited reduced Google Services earnings estimates and a lower valuation multiple for Google Cloud technology, while maintaining an Overweight rating, according to Benzinga. The operating picture remains substantial: second-quarter operating profit was USD 40.77 billion and the operating margin was 34.00 percent, based on the reported Q2 2026 figures.

When is the next results date?

Alphabet is scheduled to report third-quarter 2026 results after the market close on October 28, 2026. The investor-relations calendar identifies the October 6, 2026 announcement of the conference-call date, while the latest reported quarter ended June 30, 2026. Consensus cited by Investing.com calls for third-quarter revenue of USD 128.10 billion and earnings per share of USD 3.01.

Stock trades below the Xetra close

Alphabet A was trading at EUR 288.03 at Lang & Schwarz on October 26, 2026 at 10:52 a.m. CEST, 0.42 percent below the Xetra close of October 23, 2026 at EUR 289.25. The Nasdaq-listed Class A shares had a USD 3.9 trillion market capitalization as of October 26, 2026, while the reported 52-week range was USD 256.10 to USD 404.47. The further course of trading is shown by the continuously updated real-time quote of Alphabet stock.

Alphabet A stock facts

Company: Alphabet Inc.
ISIN: US02079K3059
Ticker: GOOG
Primary exchange: NASDAQ
Price Lang & Schwarz (as of October 26, 2026, 10:52 a.m. CEST): EUR 288.03
Change versus Xetra close: minus 0.42 percent
Xetra close (October 23, 2026): EUR 289.25
Market capitalization: USD 3.9 trillion (as of October 26, 2026)
52-week range: USD 256.10-404.47 (as of October 26, 2026)
Sector / Industry: Communication Services / Internet Content and Information