Alphabet Voting Shares Command Premium Amid Search Rally

Alphabet's Class A shares (GOOGL) have gained 2.07% to $356.77, while its Class C shares (GOOG) rose 2.41% to $352.715 by 12:14 p.m. ET on Monday.

The voting shares of Alphabet Inc. are trading at a 1.15% premium to GOOGL, with the search giant's operating comparison showing a 24% increase in revenue for the second quarter ended June 30, 2026.

Evercore ISI's Mark Mahaney raised his target price to $450 from $420, citing a survey that found 78% of respondents chose Google as their primary search engine, up from 70% previously.