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.

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