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StocksMediumUpdated•Originally published 27 April 2026•Updated 27 April 2026•

1 min read

Alphabet Shares Hit New High as Market Cap Surpasses $4.27 Trillion

Key Facts

1Alphabet Inc Class A shares hit a new 52-week high of $349.08, bringing its market capitalization to $4.21 trillion.

2The company's stock surged 113% over the past year, driven by innovation in cloud computing and artificial intelligence.

about 1 month ago

Version History

Version 1about 1 month ago

What changed: Updated stock price and market cap, included new price target from TD Cowen, and added details regarding chip development talks with Marvell Technology.

Alphabet Inc. shares continued their record-breaking rally, reaching a new peak of $350.16 and pushing the company's market capitalization to $4.27 trillion. This latest surge is bolstered by reports of strategic discussions with Marvell Technology regarding custom chip development, a move aimed at strengthening its AI infrastructure. Adding to the bullish sentiment, TD Cowen has set a new price target of $375 for the stock, citing strong growth prospects. While the company still faces regulatory scrutiny via antitrust investigations in Brazil, its robust balance sheet and superior cash reserves continue to attract investors. Analysts believe that potential hardware partnerships and leadership in Google DeepMind remain the primary catalysts for future expansion. These milestones underscore Alphabet's strategic resilience and its dominant position in the evolving global digital economy.