Bullish
Morgan Stanley maintains 'Overweight' rating for Alphabet, raises TPU revenue forecast
Morgan Stanley has reaffirmed its 'Overweight' rating for Alphabet Inc. (GOOGL) and increased its revenue forecast for Alphabet's Tensor Processing Units (TPUs) to $27 billion per gigawatt (GW). This adjustment reflects the growing demand for AI infrastructure and Alphabet's strategic investments in custom hardware.
Key points
- Morgan Stanley maintains 'Overweight' rating for Alphabet, raises TPU revenue forecast to $27B per GW.
- Alphabet's stock price slightly declined by 0.4% to $340.65 on August 27, 2026.
- Analyst target price for Alphabet set at $428, indicating a potential upside of approximately 25.7% from the current price.
Sources
AI-generated from public news sources. Not financial advice.
