Alphabet 2026 Stock Prediction: Waymo’s Expansion to Drive GOOGL Growth
Alphabet (GOOGL) surged over 60% in 2025, cementing its position as a top-performing tech stock. Analysts project continued bullish momentum in 2026, with Waymo emerging as a key catalyst. The autonomous vehicle subsidiary, spun out from Google's X initiative, now completes 250,000 weekly robotaxi trips across multiple U.S. states.
Waymo plans quadruple expansion by year-end 2026, targeting 1 million weekly rides through aggressive territorial growth. Unlike competitor Tesla's volatile autonomous program, Waymo's consistent execution has drawn investor confidence. This expansion aligns with Alphabet's broader AI infrastructure advantages.
Market observers note Waymo's 20 million cumulative trips demonstrate scalable technology, while its asset-light fleet model contrasts with legacy auto manufacturers' capital intensity. The coming year's international rollout could create new revenue streams beyond Core advertising.