Is Alphabet (GOOGL) One of The Best Multibagger Stocks to Buy for Long Term?

Alphabet Inc. (NASDAQ:GOOGL) is one of the Best Multibagger Stocks to Buy for Long Term. On April 10, Mizuho analyst Lloyd Walmsley lifted the price objective on the company’s stock to $420 from $410 while maintaining an “Outperform” rating, reflecting an upside of ~32% from the closing price of $317.24. Notably, the firm upped its revenue estimates for Google Cloud, backed by the signals related to the Anthropic partnership as well as a refined backlog analysis.

Is Alphabet (GOOGL) One of The Best Multibagger Stocks to Buy for Long Term?

It anticipates Cloud revenue reaching $149 billion in 2027, compared to the Bloomberg consensus of $116 billion. The strong margins can also fuel a significant increase in profits. Furthermore, the firm also noted the upside from TPU-related revenue, thanks to the more favorable economics over time. It also increased Alphabet Inc. (NASDAQ:GOOGL)’s EPS estimate for 2026 to $11.81 from the consensus estimates of $11.62 and the 2027 estimate to $14.04 compared to the previous estimate of $13.56.

Alphabet Inc. (NASDAQ:GOOGL) is a holding company, which operates Google services like search engines, ad platforms, Internet browsers, devices, mapping software, app stores, video streaming, and more.

While we acknowledge the risk and potential of GOOGL as an investment, our conviction lies in the belief that some AI stocks hold greater promise for delivering higher returns and doing so within a shorter time frame. If you are looking for an AI stock that is more promising than GOOGL and that has 10,000% upside potential, check out our report about this cheapest AI stock.

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