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Alphabet Sees Gemini Surge As Viral AI Tool Drives Downloads
Benzinga· 2025-10-08 19:25
Alphabet Inc. (NASDAQ:GOOGL) (NASDAQ:GOOG) reported stronger engagement across its AI ecosystem in September, driven by a surge in Gemini’s user growth following the rollout of its viral image-generation tools.Meanwhile, Google Search traffic remained stable, underscoring the platform’s resilience amid rising competitive pressure from OpenAI’s ChatGPT.Bank of America analyst Justin Post maintained a Buy rating on Alphabet with a price forecast of $252, based on a 22x multiple of 2026 estimated core Google G ...