In a significant shift within the tech industry, Microsoft has recently recruited around 24 employees from Google's DeepMind division. This move includes Amar Subramanya, who after a 16-year tenure at Google, joined Microsoft as a corporate Vice President focusing on AI. Previously, he was involved in developing the Gemini assistant. Another notable addition is Adam Sadovsky, who after nearly 18 years at Google, transitioned to Microsoft in June to also become a corporate Vice President in their AI sector. The Gemini assistant from Google, which these former employees were associated with, directly competes with Microsoft's Copilot in the consumer market.
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 $203.56 with a high estimate of $225.00 and a low estimate of $185.00. The average target implies an upside of 6.83% from the current price of $190.54. More detailed estimate data can be found on the Alphabet Inc (GOOG) Forecast page.
Based on the consensus recommendation from 21 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 $201.53, suggesting a upside of 5.77% from the current price of $190.535. 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.
