Keybanc Cuts Alphabet (GOOGL) Price Target to $410

On October 19, 2026, Keybanc maintained its Overweight rating on Alphabet Inc. (NASDAQ: GOOGL) while lowering its price target to $410 from $435. The update from Keybanc places the firm slightly below the broader Wall Street consensus as the internet and search giant prepares for its upcoming financial report.

GOOGL Alphabet Inc.

$340.59 ▲ +8.28% year to date

1M 3M YTD

Daily close · Oct 16, 2026

Keybanc's Call on Alphabet Inc.

In its research note issued on October 19, 2026, Keybanc kept its Overweight rating intact on Alphabet Inc. while trimming its target from $430.51 to $410.0. The adjustment reflects evolving views on the tech heavyweight, which recently traded around $345.99. Keybanc joins a crowded field of Wall Street firms tracking the company.

Other Institutional Activity in Alphabet Inc.

Other major investors have adjusted their holdings in Alphabet Inc. recently. Concurrent Investment Advisors grew its holdings by 91,846 shares, ending with 529,427 shares worth about $182,165,023. At the same time, PineStone Asset Management trimmed its stake by 307,340 shares, or 6.7%, leaving it with 4,300,481 shares valued at roughly $1,479,709,502.

Alphabet Inc. Stock Down 0.5%

Alphabet Inc. shares closed at $345.58 on October 19, 2026, sitting close to its spot price of $345.99. The stock is trading above its 50-day moving average of $344.92 and its 200-day moving average of $340.77. Over the past year, the shares have traded between a low of $244.15 and a high of $408.61.

Recent Earnings

Alphabet Inc. carries a trailing-twelve-month revenue of $445.87 billion with earnings of $19.93 per share. The company operates with a net margin of 54.8% and a return on equity of 48.7%. Investors are looking toward the company's next earnings report scheduled for October 28, 2026, for further insight into its financial trajectory.

Dividend

Alphabet Inc. pays an annual dividend yielding 0.25%, with a payout ratio of 4.3%.

Insider Buying and Selling at Alphabet Inc.

Company insiders have made several share sales over past quarters. Director Kavitark Ram Shriram sold 33,566 shares on July 18, 2025, at an average price of $185.76 for a total of $6,235,220, followed by a sale of 26,000 shares on August 15, 2025, at $205.00 worth $5,330,000. Later, Director John L Hennessy sold 600 shares on January 13, 2026, valued at $202,514, and another 600 shares on February 13, 2026, valued at $184,037.

Analysts Set New Price Targets

Wall Street firms continue to update their views on Alphabet Inc. Needham reiterated a buy rating with a $450 price target on October 8, 2026. Cantor Fitzgerald reiterated an overweight rating with a $420 target on October 12, 2026. UBS maintained a neutral rating while raising its target to $380 from $379 on October 14, 2026. JP Morgan maintained an overweight rating and lifted its target to $425 from $420 on October 15, 2026. Overall, the stock carries a consensus recommendation of strong buy from 54 analyst opinions with a mean price target of $430.51.

About Alphabet Inc.

Alphabet Inc. operates internet and technology services globally, housing businesses such as Google Services, Google Cloud, and various smaller experimental ventures. Its core offerings include search engines, digital advertising networks, mobile operating systems, productivity software, and cloud infrastructure used by millions of consumers and enterprises.

Bottom Line

Keybanc's revised target provides another data point for investors following the communication services sector. Market participants will monitor the upcoming earnings report on October 28, 2026, to gauge whether growth metrics align with current analyst targets.