Android 16 Launch Boosts Google's (GOOG) Platform Features | GOOG Stock News

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3 days ago
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Google (GOOG, Financial) has unveiled Android 16, initially releasing it on supported Pixel devices, with a broader rollout to various phone brands expected later in the year. This marks the earliest major Android update in recent years, aiming to deliver the latest improvements promptly to users.

The new version introduces Material 3 Expressive design, enhancing accessibility and usability. One notable feature is real-time updates for ride-share and food delivery apps, eliminating the need to constantly check app statuses. This capability will integrate with Samsung's Now Bar and alerts from OPPO and OnePlus.

To streamline notifications, Android 16 groups alerts from the same app to minimize clutter. Additionally, significant advancements for hearing aid users include the option to use a phone’s microphone for clearer calls in noisy settings. Users can also control hearing device settings like volume directly from their Android phones, ensuring a more consistent user experience.

Wall Street Analysts Forecast

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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 11.97% from the current price of $180.01. 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 11.01% from the current price of $180.01. 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.

Disclosures

I/We may personally own shares in some of the companies mentioned above. However, those positions are not material to either the company or to my/our portfolios.