This video analyzes Alphabet's stock (GOOGL) using fundamental analysis, aiming to determine a price target for the end of 2027. The analyst considers investors' concerns regarding changing consumer search behavior and its impact on Google's search business. He also notes that the stock has underperformed amid the AI boom. The video incorporates earnings per share (EPS) estimates for Alphabet's stock, utilizing these to predict the stock price, in addition to the current P/E ratio which is at 22.55. The video suggests that the current P/E is low for alphabet. It shows a model where the stock price would hit 270.83 with the current EPS and P/E, the price might be at 300 with an increase in P/E of 25 or as high as 330 with the P/E ratio increasing at 33. The presenter believes the P/E multiple will increase over time. His price prediction for the end of 2027 is a stock price between 300 and 330.