Alphabet Inc. (NASDAQ:GOOGL) is one of the AI Stocks on Market Radar. On September 19, Citizens JMP analyst Andrew Boone raised the price target on the stock to $290.00 (from $250.00) while maintaining a Market Outperform rating. The rating follows Google’s announcement of major AI integrations into Chrome.
Google has introduced the “next Chrome era,” which it believes is the “biggest upgrade to Chrome in its history.” Google AI has been integrated in Chrome across multiple levels, the firm noted.
Gemini in Chrome will be made available to AI Pro and Ultra subscribers in the US, with the firm anticipating its broader expansion to all users as agentic-driven costs start to come down.
Google
“AI features include the ability to use Gemini in Chrome to schedule a booking (e.g., a haircut) or order items (e.g., groceries), and to compare and summarize information across tabs or other Google apps like Calendar, YouTube, and Maps. Additionally, AI Mode search results can be generated from the Chrome address bar (called the “omnibox”), while questions can be asked of details on a web page with contextually relevant answers. Simply put, this is the first step toward agents beginning to help internet browsers complete actions and find and summarize information at the browser level, enabling AI to bring tasks and information instead of the other way around. By Google leaning into distribution, we think it can win AI search.”
Alphabet Inc. (NASDAQ:GOOGL) is an American multinational technology conglomerate holding company wholly owning the internet giant Google, amongst other businesses.
While we acknowledge the potential of GOOGL as an investment, we believe certain AI stocks offer greater upside potential and carry less downside risk. If you're looking for an extremely undervalued AI stock that also stands to benefit significantly from Trump-era tariffs and the onshoring trend, see our free report on the best short-term AI stock.
READ NEXT: 10 AI Stocks in Focus on Wall Street and 10 Must-Watch AI Stocks on Wall Street.
Disclosure: None.