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
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.
Justin Post based his price prediction on AI adoption across all core products of Alphabet. The company is uniquely placed with built-in AI features that are unmatched by competitors. This includes its distribution scale in Android, Chrome, YouTube, and Maps, among other features. BofA notes that Google’s built-in distribution scale allows it to deploy AI-native features at unparalleled speed. This adds to the strength of Google, making Alphabet a must-watch stock for investors.
