Zoom Communications recently announced a collaboration with Google to advance immersive communication technologies. The partnership focuses on Google Beam, an evolution of Project Starline, designed to enhance video call experiences. This technology aims to create a sense of physical presence during video calls, eliminating the need for headsets or glasses, by leveraging AI and 3D innovations. Zoom is eager to contribute to the development of this technology, alongside Google and HP, to bring this innovative experience to teams globally.
Wall Street Analysts Forecast
Based on the one-year price targets offered by 18 analysts, the average target price for Alphabet Inc (GOOG, Financial) is $201.56 with a high estimate of $225.00 and a low estimate of $185.00. The average target implies an upside of 22.09% from the current price of $165.09. More detailed estimate data can be found on the Alphabet Inc (GOOG) Forecast page.
Based on the consensus recommendation from 22 brokerage firms, Alphabet Inc's (GOOG, Financial) average brokerage recommendation is currently 1.6, indicating "Outperform" status. The rating scale ranges from 1 to 5, where 1 signifies Strong Buy, and 5 denotes Sell.
Based on GuruFocus estimates, the estimated GF Value for Alphabet Inc (GOOG, Financial) in one year is $198.21, suggesting a upside of 20.06% from the current price of $165.09. GF Value is GuruFocus' estimate of the fair value that the stock should be traded at. It is calculated based on the historical multiples the stock has traded at previously, as well as past business growth and the future estimates of the business' performance. More detailed data can be found on the Alphabet Inc (GOOG) Summary page.
