Alphabet (GOOG) stock is still undervalued at $352, with a fair value estimate of $379, despite recent gains and trading near historical highs.
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Huge News for Alphabet Stock Investors! | GOOG Stock Analysis
Jul 21, 2026
Alphabet stock (GOOG) saw a 3% price increase following news of its development of a new server chip, Frozen V2, designed to optimize its Gemini AI model. The creator, who has held a buy rating on the stock since 2019, updated his fair value estimate to $379, suggesting the stock remains undervalued at its current market price of $352, despite trading near the higher end of its historical forward P/E range.
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GOOGbuy opened Jul 21, 2026
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