Google parent Alphabet (NASDAQ: GOOG) saw its stock fall to $353 on Thursday after reports indicated a months-long delay for its most powerful AI model, Gemini 3.5 Pro, sparking industry jitters. Wedbush Securities analyst Ygal Arounian initiated a buy rating, urging clients to use the price dip as a buying opportunity. He set a $671 price target, one of the most bullish predictions for Alphabet in 2026. Arounian called the delay a temporary blip, noting Alphabet’s financial discipline and recent $80 billion in funding, plus a $10 billion investment from Berkshire Hathaway.
Alphabet’s Google stock fell to the $353 level on Thursday after reports broke that Gemini 3.5 Pro, its most powerful AI model, is delayed for launch. The delay sent ripples across the industry, as Alphabet was among the top leaders of the AI sector.
On the heels of the price dip, Wedbush Securities urged clients to make use of the price fall. Stock market analyst Ygal Arounian wrote in a note to clients that Google is on the path to nearly double in price.
Arounian initiated a buy rating for GOOG, predicting it could even breach the $600 level. He noted that “the delay is a temporary blip” and clients can make the most out of the price decline.
According to the Wedbush analyst, Google stock could reach a new target of $671, one of the most bullish price predictions for Alphabet in 2026. He highlighted that Alphabet is the only financially disciplined company in the AI industry, with spending capped this year and a series of funding rounds worth $80 billion.
Additionally, Warren Buffett’s Berkshire Hathaway invested $10 billion in a private placement, a decision made by the new CEO Greg Abel under the billionaire’s guidance. If the price prediction is accurate, investors could see nearly 90% in profit, with a $1,000 investment turning into $1,900.
