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Alphabet remains a Buy despite doubts on Gemini 4 Argon's AI performance and valuation concerns.

Analyst Insights
01 Oct 2026
Seeking Alpha
View Source
Bullish
Alphabet remains a Buy despite doubts on Gemini 4 Argon's AI performance and valuation concerns.

Alphabet Inc. continues to be rated a Buy despite skepticism about the performance of its Gemini 4 Argon AI model and elevated valuation compared to historical standards. The company's strong cash reserves of over $240 billion, profitable core businesses, and extensive cloud infrastructure position it well to benefit from AI advancements regardless of whether it leads in frontier AI models. Even if Alphabet falls behind in AI model development, its TPU chips and cloud services ensure ongoing opportunities to monetize AI technologies. This outlook reflects confidence in Alphabet's fundamentals and strategic assets amid evolving AI trends.

Alphabet's stock trades at USD 339.27 on Pluang, down 0.43% in the last day. The market cap stands at $4.19 trillion, with a nearly even split in order activity at 51% sell and 49% buy as of Oct 01, 2026 21:02 WIB.

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