Wall Street analyst updates Google stock price target for next 12 months

Core Viewpoint - Google stock has shown resilience amid the early 2026 technology sector sell-off, with a year-to-date decline of only 2.79% as of March 10, 2026, indicating a potential recovery [1]. Group 1: Stock Performance - Google shares halted a steady decline that began at the end of February, rallying nearly 3% by the morning of March 10 [1]. - The stock price as of March 10 was $305.04, reflecting a recovery trend [1]. Group 2: Analyst Ratings and Price Targets - JPMorgan's Doug Anmuth has rated Google as a 'Buy' and maintained a 12-month price target of $395, reflecting optimism following a strong earnings report [4]. - Wall Street analysts generally rate Google stock as a 'Strong Buy,' with an average expected rally of 22.92% to a target price of $376.57 [6]. - Despite the overall positive sentiment, there have been price target downgrades from Goldman Sachs (from $400 to $312) and Mizuho Securities (from $410 to $303.13) [8]. Group 3: Long-term Outlook - The company plans to double its expenditure on capital projects, particularly data centers, which are crucial for the expansion of artificial intelligence (AI) capabilities [5].