Overview
- Brokers raised or reaffirmed targets, including Wells Fargo at $397, Needham at $400 and Citizens at $385, citing strength in Google Cloud and AI.
- Google expanded its consumer AI lineup with Gemini 3.1 Flash Live for real-time audio chats and Lyria 3 Pro, which generates music tracks up to three minutes.
- Google said the Gemini ecosystem now reaches more than 750 million monthly users, signaling broad uptake across its apps and services.
- Alphabet closed its $32 billion purchase of Wiz, adding cloud and AI security tools to Google Cloud to deepen enterprise offerings.
- Analyst notes highlight AI infrastructure monetization, pointing to possible TPU licensing and Google’s custom Ironwood chips as new high‑margin lines.