Citizens analyst Andrew Boone reiterated a $515 price target and an "Outperform" rating for Google (Alphabet) on August 26. This price target is above the market average, primarily based on Google's consumer distribution across its Search, YouTube, and Android platforms, as well as the strong growth and leading margins of Google Cloud Platform. Google Cloud's revenue grew by 82% in Q2 2026, surpassing Amazon Web Services and Microsoft Azure, driven by massive enterprise demand for AI. Google also raised its full-year capital expenditure guidance for fiscal year 2026 to $195 billion-$205 billion, but investor concerns about spending led to pressure on its stock price after its Q2 earnings report.