Samsung is reportedly close to reaching an agreement to invest in PerplexityAI, aiming to incorporate its search technology into Samsung devices. This strategic move is set to reduce Samsung’s reliance on Google (GOOG, Financial) by potentially integrating Perplexity's app and assistant into new devices, including the Galaxy S26 phone line. The collaboration is anticipated to be formally announced later this year, highlighting Samsung's commitment to diversifying its use of artificial intelligence technologies.
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 18.56% from the current price of $170.01. 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 $199.83, suggesting a upside of 17.54% from the current price of $170.005. 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.