Alphabet (GOOGL) not too long ago surpassed a $4T market capitalization, fueling its inventory to a brand new ATH of $337. As of January 2026, Alphabet has a market cap of $3.994T. Whereas GOOGL’s worth has since corrected to $329, the bulls behind the inventory entered 2026 on a robust observe. Because of this, Alphabet inventory has gotten a number of bullish requires the remainder of this yr. One of many newest means that by the beginning of subsequent yr, the Google mum or dad might breach the $5T market cap mark.
At present, Nvidia (NVDA) is the one firm to succeed in that membership, and it has since fallen again to the $4T market cap vary. Nvidia was pushed by the AI wave that took over in 2025, sending NVDA and different chip shares greater. Alphabet (GOOGL) additionally spent closely on investments within the AI sector, which propelled its inventory to among the finest performances of final yr. 2026 might see the corporate’s inventory and market cap valued even greater, even perhaps surpassing Nvidia.
Analyst’s Bullish Tackle Alphabet (GOOGL) Inventory and Market Cap
Not too long ago, Daniel Foelber of The Motley Idiot urged that the $5T market cap is doable by the top of this yr. He predicted GOOGL pushing previous $4T originally of final yr, and believes he may very well be appropriate two years in a row. “Since its valuation is affordable, it will make sense for Alphabet’s inventory worth to extend by its earnings development price. If Alphabet grows earnings by 10% to fifteen% yearly over the following two years — and the inventory worth mirrors that development price — that would push its market cap above $5 trillion.”
Foelber credit Google Gemini’s success as the principle driver for Alphabet’s inventory and market cap rally. “Gemini is the core motive why Alphabet has added $1.5 trillion to its market cap in lower than 5 months and why it might advance additional,” the analyst writes. He added that the launch of Gemini 3 this previous Fall might show much more fruitful, boosting the Google mum or dad’s income as long as the AI sector continues its robust development.
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Moreover, the Motley analyst backs Alphabet’s custom-made Tensor Processing Items as a robust different to Nvidia’s and AMD’s. “As a result of TPUs are application-specific built-in circuits, they’re designed to deal with exactly the forms of AI workloads they may see,” Foelber added. “By sacrificing some flexibility, they ship value benefits in comparison with GPUs in knowledge heart purposes like AI coaching and inference.” Therefore, slicing the prices with internally made TPUs might additional bolster Alphabet’s good points, sending GOOGL’s inventory and market cap greater.
GOOGL Value Prediction for 2026
Analyst worth targets for 2026 vary from a low of $185 to a excessive of $400 per share. Reaching the higher finish of those targets would push the market cap properly past $4.5 trillion. Ought to the market cap hit $5T, GOOGL might surpass Tesla (TSLA) and even attain $500 per share.
