Alphabet (GOOGL) Stock News: August 2026

Wolfe Research reiterated Outperform on GOOGL with a $460 PT and raised 2027 revenue and EPS estimates. The firm also forecasts Q3 Google Cloud growth of +125% YoY, above the Street's +87%.

Google has hired Barret Zoph, co-founder and former CTO of Thinking Machines Lab, as VP of Research. He will work on Gemini, focusing on reinforcement learning and post-training, per WSJ.

Google discloses 7.2% SpaceX Class A stake worth ~$94B.