The share price of Alphabet (GOOG 0.06%)(GOOGL 0.20%) has been on fire over the past year, rising by 65%. Are you better off waiting for a pullback in price before buying Alphabet's stock, or can it still be a good buy right now? Has Alphabet's stock gotten too expensive? Could Alphabet's stock have more room to rise higher? According to analyst price targets, Alphabet's stock has already peaked, and it's projected to fall by about 2% from where it is today (estimates as of Jan. 27).