Alphabet Class C ( (GOOG) ) has been popular among investors this week. Here is a recap of the key news on this stock.
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Alphabet Class C is pushing deeper into artificial intelligence with the launch of Google’s Gemini 3.1 Pro, a major upgrade focused on complex reasoning rather than simple Q&A. The new model scored 77.1% on the tough ARC-AGI-2 benchmark, more than double its predecessor, signaling stronger problem-solving skills that could translate into better performance in real-world business and consumer applications.
Gemini 3.1 Pro is being rolled out widely, from the Gemini API and developer tools like Google AI Studio and Android Studio to enterprise platforms such as Vertex AI and Gemini Enterprise, and consumer-facing apps like Gemini and NotebookLM. With over 740 million monthly Gemini users already, this broader deployment could deepen Alphabet’s AI moat and support long-term monetization across its ecosystem.
On Wall Street, sentiment around Alphabet Class C remains bullish despite the stock being down about 3% year-to-date while still up 64% over the past 12 months. The consensus rating is Strong Buy based on 33 recent analyst calls, including 26 Buys and seven Holds, reflecting confidence in the company’s AI-driven growth story.
Tigress Financial analyst Ivan Feinseth has emerged as one of the most optimistic voices, lifting his 12‑month price target to a Street-high $450, implying roughly 48% upside. He argues that Alphabet is leveraged to multiple durable growth engines, including AI-native advertising, rapid Google Cloud and enterprise AI adoption, and the scaling of its Gemini platform across both consumer and corporate users.
Feinseth highlights that Alphabet’s growth now rests on multiple layers, combining its dominant ad business with cloud, subscriptions, and AI tools integrated into Search, YouTube, Workspace, Android, and Cloud. This integration, backed by heavy infrastructure investment for AI workloads, is seen as a key driver for higher engagement, better monetization, and expanding margins over time.
The analyst also points to more than 325 million paid subscriptions across products like Google One and YouTube Premium as evidence of a growing, recurring revenue base beyond advertising. Coupled with a strong balance sheet, ongoing share buybacks, and dividends, Alphabet Class C is being positioned by bulls as a long-term compounder in both AI and digital services, with the average price target of $381.74 still implying around 26% upside from current levels.