Alphabet (NASDAQ: GOOGL) is breaking new ground this week, its stock rising to a fresh all-time high of $305.95 on Thursday, November 20, driven by Gemini 3, the company’s most advanced artificial intelligence (AI) model yet.
The market saw the release as another step toward immediate integration into revenue-generating products, such as Search, where AI Overviews now boast 2 billion monthly users.
Accordingly, analysts are already highlighting Google’s reinvigorated momentum and see the new Gemini model as a direct response to competitors like OpenAI’s ChatGPT.
Google stock price targets
TD Cowen was among the latest to weigh in on Google’s performance, reiterating its “Buy” rating with a $335 price target on Thursday, November 20. Naturally, the firm cited Gemini 3 as one of the key catalysts, and it now expects the enhancements to boost engagement with Alphabet’s AI ecosystem.
Loop Capital also upgraded the stock from “Hold” to “Buy,” citing not only AI but cloud aspects of the business as well. Moreover, the analyst raised the price target to $320 from $260, implying a 12% upside.
Elsewhere, KeyBanc praised the launch as it managed to meet high expectations. With the Gemini app topping 650 million monthly active users, the analyst Justin Patterson argued the tech giant is proving it can scale AI adoption across consumer and developer ecosystems.
“Third-party reviews were highly favorable, and the jump in performance from Gemini 2.5 to 3 suggests scaling in pre-training remains solid,” Patterson further added.
Patterson maintained his “Buy” rating with a $330 price target, implying about 13% upside from the current levels.
Overall, a total of 38 analysts have shared their takes on Alphabet over the past three months on the stock research platform TipRanks. Together, they predict the average GOOGL stock price target of $312 for the next twelve months, suggesting a modest 6.55% upside.
With 31 “Buys,” 7 “Holds,” and no “Sells,” the Wall Street consensus on Google stock is a “Strong Buy”.
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