It’s Wednesday. Do You Own Enough Google?

I bought Alphabet (NASDAQ:GOOGL | GOOGL Price Prediction) at $15 in April 2012. I’ve been watching this company through every panic, every antitrust headline, and every “Google is finished” moment for over a decade now. And today, with the stock at $332.91, I’m asking you directly: do you own enough?

Google Built the First Internet. It Is Building the Next One.

Google was born at the dawn of the commercial internet and defined it. Search. Gmail. Maps. Android. Chrome. YouTube. Each became the default for billions. The company built the infrastructure of the modern web.

Now a second dawn is breaking. AI Overviews reached 1.5 billion monthly users. The Gemini App crossed 750 million monthly active users. Gemini models now process over 10 billion tokens per minute via direct API. Alphabet has fully crossed into AI-infrastructure territory.

The deeper advantage is hardware. Google designed its own Tensor Processing Units years before the AI boom. A long-term TPU and networking supply agreement with Broadcom through 2031 cements this further. Google is not just an AI consumer. It is an AI infrastructure company.

You Are Getting Several Businesses for Free

Alphabet is not one company. It is a holding structure containing several Fortune 500-scale businesses priced as a single advertising stock.

• Google Search: $63 billion in Q4 revenue alone, the most profitable ad business in history.
• Google Cloud: $17.664 billion in Q4, up 48% year over year, with an annual run rate exceeding $70 billion.
• YouTube: Annual revenues surpassed $60 billion. A single quarter crossed $10 billion. If YouTube were standalone, it would be valued higher than Netflix.
• Waymo: The most advanced autonomous vehicle program on the planet, with more fully autonomous miles logged than any competitor. Analysts have pegged its standalone value at well over $100 billion. Alphabet announced a $16 billion Waymo investment round in February 2026.
• DeepMind, Android, Google Maps: A world-class AI research lab, the OS on roughly 3 billion devices, and the default navigation layer for the planet.

The sum of these parts almost certainly exceeds the current market valuation. Our price target is $393.06, representing 18% upside, with a BUY rating at 90% confidence. Our 5-year target is $559.75.

I say again, do you own enough Google?

What the Numbers Say Right Now

Alphabet crossed $400 billion in annual revenue for the first time in fiscal 2025. Full-year net income reached $132.170 billion, up 32%. The stock is up 110% over the past year and 760% over the past decade.

The analyst community is aligned: 61 of 67 analysts rate it Buy or Strong Buy, with a consensus target of $375.93. Prediction markets assign an 87.5% probability of GOOGL hitting $335 in April 2026.

We’re seeing our AI investments and infrastructure drive revenue and growth across the board. To meet customer demand and capitalize on the growing opportunities we have ahead of us, our 2026 CapEx investments are anticipated to be in the range of $175 to $185 billion.

Sundar Pichai, Q4 2025 Earnings Call

The honest risk is that $175 to $185 billion in 2026 capex is an enormous bet, and execution risk is real. Antitrust scrutiny is ongoing. Free cash flow dipped slightly in Q4. But for a long-term investor, every great company faces headwinds. The real question is whether any company is better positioned to compound value over the next 20 years. I own it. I am not selling it. And on a Wednesday in April 2026, the honest answer to the title question is: probably not enough.