Alphabet and Blackstone officially announced a massive $5 billion infrastructure joint venture for AI last week. The two firms will jointly build a data center in the US that will offer cloud capital-light TPU compute-as-a-service (CaaS). The goal is to bring 500 megawatts of capacity online by 2027 and merge into the energy sector. Google stock (NASDAQ: GOOG) stands to gain from this development and could be in a different position in 2027 when the data center opens and begins its operations.

Leading investment bank Piper Sandler wrote in a note to clients, highlighting Alphabet and Blackstone’s latest AI push. The note explicitly emphasized that Alphabet’s joint venture with Blackstone to monetize its custom AI hardware without burning its own cash will allow the company to earn massive revenues. Analysts from the investment bank cited this reason as to why Google stock could be poised for an uptick.

Also Read: Is Google Stock Going to $600? New Forecasts Say Yes

Google Stock Price Target: On Its Path To Reach $425, Predicts Piper Sandler

Piper Sandler’s latest price prediction estimates that Google stock will reach the $425 threshold next. The forecast estimates that if GOOG successfully tests its $384 support zone, the next leg-up could be the $395 range. The search giant could consolidate thereon and breakout to the $425 price level, according to the price prediction.

Wall Street giants are unfazed about Google stock struggling to climb above the $400 zone. Smart money is confident of a pump, as a string of AI launches are lined up for the rest of 2026. It also extends to 2027 and beyond, that can make GOOG a market leader. If Alphabet’s balance sheet remains clean for the next five years, the sky is the limit for the search giant. Piper Sandler’s $425 Google stock price target could just be the beginning, as buying GOOG now and holding on for the next five to 10 years could be very rewarding for traders.