Cantor Maintains Neutral Rating on Alphabet (GOOGL), Highlighting Long-Term AI Potential of Gemini 3

Alphabet Inc. (NASDAQ:GOOGL) is a key player in the AI sector, drawing the attention of analysts. Cantor Fitzgerald’s Deepak Mathivanan maintained a Neutral rating with a $310 price target, citing potential long-term benefits from its Gemini 3 AI model, set to enhance Search, AI mode, and Cloud by FY26. The firm highlighted the model’s secretive architecture, which contributes to its competitive advantage through scaling pre-training and efficiency in compute utilization. However, analysts suggest that rival AI labs may soon catch up. Historically, leading AI models retain their edge for only about 60 days. Despite a promising outlook for 2026, GOOGL shares may experience a consolidation phase after recent gains. While GOOGL is viewed as a reasonable investment, some analysts believe other AI stocks present better upside potential with reduced risk. For those interested in undervalued AI stocks, our report on short-term opportunities is available.

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