Wall Street analysts warn that Alphabet's capital expenditures may reach $250 billion by 2027

Wall Street analysts' consensus expectation for Alphabet's capital expenditures in 2026 is around $180 billion to $190 billion, a more than fivefold increase from $32.3 billion in 2023. Morgan Stanley analyst Brian Nowak predicts that Alphabet's capital expenditures may reach $250 billion in 2027, and Alphabet CFO Anat Ashkenazi stated that capital expenditures will significantly increase in 2027 compared to 2026.