Prediction: Google Stock Will Hit $600 on This Date

Our 24/7 Wall St. price target for Alphabet (NASDAQ:GOOGL | GOOGL Price Prediction) is $453.04 over the next 12 months, but the more interesting question is when Google stock crosses $600.

Based on our proprietary model, the bull case scenario carries shares to $604.63 by June 2, 2028. With GOOGL currently at $372.58, our recommendation is buy with 90% model confidence.

24/7 Wall St. Price Target Summary

An $80 Billion Bet Lifts Alphabet Off May Lows

GOOGL has moved sharply over the past year, gaining 116.29% and adding 18.81% year to date. The past month delivered a 2.78% pullback from May’s peak of $393.32, leaving the stock 3% below its 52-week high of $404.47.

The recent narrative centers on Alphabet’s $80 billion equity raise announced to fund AI infrastructure, anchored by a $10 billion private placement from Berkshire Hathaway. That follows Q1 2026 results in April that delivered $109.90 billion in revenue (+21.8% YoY) and EPS of $5.11, a 94.1% beat. Google Cloud grew 63% with a backlog over $460 billion, nearly doubling sequentially.

The Case for $600 by 2028

The bull thesis rests on AI monetization translating to revenue. Google Cloud’s $460 billion backlog effectively pre-sells future capacity, and the Blackstone neocloud joint venture backed by $5 billion gives Alphabet’s TPU stack a direct lane against GPU-centric providers. Berkshire’s $10 billion placement validates the capital strategy.

Sell-side conviction is high. Oppenheimer sits at $445 with a Moderate Buy citing cloud and ad strength. Of the 66 covering analysts, 60 rate GOOGL Buy or Strong Buy with zero sells. Our bull case extension projects $524.17 within 12 months and $830.82 by 2031. The $600 line gets crossed in June 2028 under this scenario.

What Could Go Wrong

The bear case starts with capex. Alphabet guided 2026 spending to $175 to $185 billion, more than doubling prior levels, and Q1 free cash flow fell 46.6% YoY to $10.12 billion. Regulatory overhang persists with EU cloud scrutiny and DOJ antitrust matters. Our bear case lands at $361.13 over 12 months.

Bulls would argue the FCF compression reflects forward investment rather than deteriorating economics. Operating margin actually expanded to 36.1% in Q1, and the backlog effectively underwrites the buildout. Prediction markets do show near-term skepticism, assigning just 6.3% probability to $450 by month-end, suggesting the path to $600 will be uneven.

The Bottom Line

The 24/7 Wall St. price target of $453.04 implies 21.59% upside, and the bull case carries Google stock to $604.63 by June 2, 2028. The bull thesis holds together if the Cloud backlog converts to revenue on schedule and capex discipline is maintained.

It weakens if 2026 spending pushes past $200 billion without margin support. The recommendation is buy at 90% confidence, with Cloud monetization as the tipping factor.

Alphabet Price Prediction 2026-2030

Looking further out, here is where our model projects GOOGL could trade, assuming current growth and margin trajectories hold.

These projections assume Alphabet continues executing on Cloud and AI monetization while managing capex intensity. Significant upside or downside could come from regulatory outcomes, the pace of agentic AI adoption, or a step change in TPU-driven cloud share.