William Blair analyst Ralph Schackart has maintained their bullish stance on GOOG stock, giving a Buy rating on November 13.
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Ralph Schackart has given his Buy rating due to a combination of factors surrounding the release of Google’s latest AI model, Gemini 3. The model’s impressive performance in coding, application development, and image generation sets it apart from previous iterations and competitors. It has achieved record scores in various benchmarks, including a significant improvement in the Humanity’s Last Exam benchmark and a new standard in mathematics for AI models.
Additionally, the growth in Gemini’s user base, now at over 650 million monthly active users, highlights its increasing popularity and potential market impact. The introduction of niche products like Gemini 3 Deep Think and Google Antigravity further strengthens Google’s position in the AI space, offering advanced capabilities for research and development. These advancements and strategic product releases underpin Schackart’s positive outlook on Alphabet Class C’s stock, leading to his Buy recommendation.
In another report released on November 13, TD Cowen also maintained a Buy rating on the stock with a $335.00 price target.
Based on the recent corporate insider activity of 184 insiders, corporate insider sentiment is negative on the stock. This means that over the past quarter there has been an increase of insiders selling their shares of GOOG in relation to earlier this year.