Google Stock (GOOGL) Slips despite New Personal Intelligence Feature

Shares of tech giant Google (GOOGL) are down today despite the rollout of a new Gemini AI feature that uses Gmail, Search history, Photos, and YouTube activity to give more personalized answers. This update, called Personal Intelligence, is meant to make Gemini more helpful by understanding what users like, do, and need. Unsurprisingly, Google executive Josh Woodward said that this is a big step toward making Gemini more personal and powerful. For now, the feature is launching in beta in the United States to Google AI Pro and AI Ultra subscribers.

At the same time, Google is trying to reduce privacy concerns by making Personal Intelligence completely optional. Users have to turn it on themselves and can choose which apps Gemini is allowed to access. For example, someone could let Gemini use their email and photos but block their search history. This approach gives Google a strong advantage over rivals like OpenAI, because Google already has access to far more personal data, even though ChatGPT can now remember some details from past chats.

However, what makes this update different is that Gemini can now use this information automatically, without being asked, whenever it thinks it will improve an answer. For instance, if someone asks about buying new car tires, Gemini could already know what type of car they drive and give more accurate suggestions. Still, Google admits that the system is not perfect and may sometimes overreach or misunderstand details. As a result, users can turn off personalization for any reply, give feedback, or correct Gemini directly.

Is GOOGL Stock a Good Buy?

Turning to Wall Street, analysts have a Strong Buy consensus rating on GOOGL stock based on 27 Buys and seven Holds assigned in the past three months. Furthermore, the average GOOGL price target of $340.45 per share implies 1.6% upside potential.

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