# Evercore ISI analyst Mark Mahaney has assigned the stock a $400 price target.

*fintech · news · 2026-04-25 · Finbold*

## Key points

- Evercore ISI's Mark Mahaney assigned Alphabet a $400 price target, 16% above its last close.
- Google Cloud's backlog has more than doubled to $240 billion, signaling strong enterprise demand.
- Alphabet plans $175 billion in 2026 capital expenditures, mainly for AI servers and data centers.
- Rising costs from AI infrastructure are expected to weigh on margins and free cash flow near term.
- YouTube's growth appears mixed with potential deceleration amid changing monetization dynamics.

**Companies:** Alphabet
**Countries:** United States

[Read the full story on Finbold](https://finbold.com/wall-street-analyst-updates-google-stock-price-target-3/)

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