Although Alphabet (NASDAQ: GOOGL) stock has been trapped in a choppy consolidation over the past five months, down approximately 16.5% since early May 2026, Thomas Champion, a Wall Street analyst at Piper Sandler, expects Google’s price to rally towards its all-time high (ATH) over the next 12 months. 

On September 28, Champion maintained an ‘Overweight’ rating for GOOGL stock. He further elevated the firm’s 12-month price target for this tech-giant stock to  $400 from $395, representing a 1.27% increase.

With GOOGL trading at $342.38 at the time of writing, this analyst suggests a feasible 16.83% uptick by September 28, 2027. This bullish thesis is based on the company’s fundamental revaluation of Google Cloud…