Alphabet’s AI advancements with Gemini 3 show a sharp increase in capabilities. With a market cap of $3.5 trillion, GOOGL stock has surged 66% in the past year, outperforming tech indexes. The company’s Q3 earnings exceeded forecasts, with Google Cloud showing strong growth and a $155 billion backlog.

GOOGL stock trades at a premium due to its dominant position. It offers consistent dividends and reported strong Q3 earnings, surpassing $100 billion in revenue for the first time. Google Cloud saw a 33.5% increase, ending the quarter with a $155 billion backlog. Operating income rose 9.5% YoY.

Alphabet’s expansion into new businesses is accelerating, with significant deals signed. Analysts project positive EPS growth for Q4 and beyond. Bank of America Securities maintains a “Buy” rating with a $335 price target. Overall analyst consensus is overwhelmingly positive, with an average price target of $315, offering potential upside.

Read more at Yahoo Finance: Is GOOGL Stock a Buy, Sell, or Hold as Google Launches Gemini 3?