- Alphabet's Google unveils a new AI feature in Gemini, converting photos into dynamic, eight-second videos.
- Wall Street analysts see a potential 14.18% upside for Alphabet Inc (GOOGL, Financial) with a price target average of $201.99.
- GuruFocus estimates suggest a 12.65% potential upside based on the GF Value for a one-year outlook.
Alphabet's Google (GOOGL) is making waves with its latest AI innovation, Gemini. This groundbreaking feature elevates user experience by transforming static photos into vibrant, eight-second videos complete with sound. Initially accessible to Google AI Pro and Ultra users in select markets, the tool allows for effortless photo upload and scene description, culminating in dynamic video clips. This advancement showcases Google's continued commitment to integrating cutting-edge AI technology into everyday applications.
Wall Street Analysts Forecast
According to projections from 50 analysts, Alphabet Inc (GOOGL, Financial) is set to reach an average target price of $201.99 over the next year. Analysts have pegged the high estimate at $250.00, while the low estimate stands at $160.00. With the current price at $176.90, this translates to a promising upside of 14.18%. For a deeper dive into these figures, visit the Alphabet Inc (GOOGL) Forecast page.
The consensus among 55 brokerage firms rates Alphabet Inc (GOOGL, Financial) at 1.9, indicating an "Outperform" status. This rating scale, where 1 signifies a Strong Buy and 5 denotes a Sell, reflects a positive outlook on the company's stock performance.
GuruFocus' GF Value Estimation
GuruFocus' own estimates peg the GF Value for Alphabet Inc (GOOGL, Financial) at $199.27 in one year, suggesting a potential upside of 12.65% from the current price of $176.90. The GF Value represents GuruFocus' approximation of the stock's fair trading value, derived from historical trading multiples, past business growth, and projections of future business performance. Additional comprehensive data is available on the Alphabet Inc (GOOGL) Summary page.
