Latest news with #BrianNowak
Business Insider
4 days ago
- Business
- Business Insider
Morgan Stanley Sticks to Their Buy Rating for Amazon (AMZN)
Morgan Stanley analyst Brian Nowak reiterated a Buy rating on Amazon (AMZN – Research Report) today and set a price target of $250.00. The company's shares closed today at $207.91. Confident Investing Starts Here: Easily unpack a company's performance with TipRanks' new KPI Data for smart investment decisions Receive undervalued, market resilient stocks right to your inbox with TipRanks' Smart Value Newsletter According to TipRanks, Nowak is a 5-star analyst with an average return of 6.0% and a 60.24% success rate. Nowak covers the Communication Services sector, focusing on stocks such as Alphabet Class A, Meta Platforms, and Pinterest. Amazon has an analyst consensus of Strong Buy, with a price target consensus of $241.64, which is a 16.22% upside from current levels. In a report released today, Barclays also maintained a Buy rating on the stock with a $240.00 price target.
Yahoo
22-05-2025
- Business
- Yahoo
Morgan Stanley Turns Bullish After Google I/O--Is It Time to Buy?
May 22 - Morgan Stanley urged investors to buy Alphabet (NASDAQ:GOOGL) shares after Google I/O showcased new AI tools. At the conference, CEO Sundar Pichai rolled out AI Mode, a conversational interface for Search now live for U.S. users, and previewed Deep Search, which will deliver fully cited reports with visuals in sports and finance. He also highlighted agentic features that can book tickets or fill out forms, plus a Search Live camera function. Analyst Brian Nowak from Morgan Stanley said I/O demonstrated how Google plans to leverage its vast user base to drive personalized search and agentic experiences. He pointed to early demand for the Blackwell AI chips and expects tighter integration with apps like Gmail to boost engagement. Nowak kept an Overweight rating and $185 price target on the stock, implying roughly 10% upside. He noted that while some GenAI features may sit behind paywalls, offering compelling free-tier tools will be key to driving mass adoption over the long term. Based on the one year price targets offered by 48 analysts, the average target price for Alphabet Inc is $200.33 with a high estimate of $240.00 and a low estimate of $160.00. The average target implies a upside of +18.85% from the current price of $168.56. Based on GuruFocus estimates, the estimated GF Value for Alphabet Inc in one year is $195.77, suggesting a upside of +16.14% from the current price of $168.56. This article first appeared on GuruFocus. Sign in to access your portfolio
Business Insider
22-05-2025
- Business
- Business Insider
‘Buy After Google I/O,' Says Morgan Stanley About Alphabet Stock
Alphabet (NASDAQ:GOOGL) stock has been under pressure in recent times, weighed down by mounting antitrust challenges and growing concerns that AI could erode its search dominance. Confident Investing Starts Here: But this week's Google I/O conference helped flip the script. The company unveiled a slate of AI-driven innovations, making it clear it's not ceding ground – it's stepping up as a key architect of the AI era. More than anything, says Morgan Stanley analyst Brian Nowak, I/O showcased 'how the company intends to leverage its leading user bases and distribution to drive next generation more personalized 'search,' and agentic experiences.' Among the highlights, CEO Sundar Pichai announced that AI Mode – a conversational chatbot interface for the company's search engine that debuted in beta earlier this year – is now available to all of Google's US users. Google will also be enhancing AI Mode throughout 2025 with more agentic, commerce-focused experiences for users. Soon, users will be able to connect other Google apps, like Gmail, to enable more context-aware responses – such as suggesting events based on travel plans found in emails. Additionally, Deep Search will use Google's query expansion technology to deliver expert-level, fully cited reports with unique visualizations, beginning with sports and financial data. New agentic features will help users complete tasks like booking tickets or making reservations by navigating websites and filling out forms. Search Live will let users use their phone cameras in real time so Google can assist based on what they're seeing. Lastly, next-gen shopping tools will offer a dynamic, personalized product browsing experience using Google's massive catalog, including a new AI-powered 'Try-On' feature that shows how clothes might look on the user. 'It will be important to monitor whether these products are rolled out to all users (free vs paid) in order to gauge their potential benefits,' Nowak said on the matter. Nowak makes the case that for GenAI platforms to drive the next wave of widespread adoption, they'll need to introduce compelling new features across their free tiers. At the same time, it's clear that the most advanced capabilities will often be reserved for paid subscriptions. Google delivered on this front, says the analyst, with the launch of Agent Mode in the Gemini app, which allows users to assign and automate multiple tasks – comparable to OpenAI's Operator functionality. Google also unveiled Imagen 4 and Veo 3, its newest image and video generation models, both now available. Imagen 4 delivers significantly higher-quality images – up to 10 times faster than Imagen 3 – along with enhanced text rendering and topography capabilities. Meanwhile, Veo 3 builds on the capabilities of Veo 2 by adding audio generation features, including dialogue, background sounds, and sound effects, for more immersive video creation. 'Near-term adoption of these tools may be small (given the required paywall access) but long-term we see how GOOGL's improving GenAI capabilities can lead to further sources of engagement and monetization for creators and advertisers,' Nowak went on to say. With that in mind, Nowak is staying bullish on GOOGL shares, assigning an Overweight (i.e., Buy) rating and a $185 price target, implying a ~10% upside from where the stock trades now. (To watch Nowak's track record, click here) 27 other analysts also take a favorable view of GOOGL's prospects, while 9 fencesitters can't detract from a Strong Buy consensus rating. The average price target stands at $197.69, pointing toward one-year returns of 17%. (See ) To find good ideas for stocks trading at attractive valuations, visit TipRanks' Best Stocks to Buy, a tool that unites all of TipRanks' equity insights.
Globe and Mail
05-05-2025
- Business
- Globe and Mail
Can Meta's AI Tools Disrupt Google (GOOGL) and OpenAI? Analysts Weigh In
Meta Platforms (META) hosted its first AI-focused event, LlamaCon, and analysts came away feeling positive about the company's direction in artificial intelligence. Five-star Bank of America analyst Justin Post, who has a Buy rating and $640 price target on Meta, said that the event showed how flexible Llama is and how strong Meta's open-source position has become. He pointed out that Llama has now been downloaded over 1.2 billion times, offers a wide range of features, and is cheaper than many competitors. Meta also launched a new AI app, Llama API, and added tools for security and app development. Protect Your Portfolio Against Market Uncertainty Discover companies with rock-solid fundamentals in TipRanks' Smart Value Newsletter. Receive undervalued stocks, resilient to market uncertainty, delivered straight to your inbox. Separately, Morgan Stanley's 4.5-star rated analyst, Brian Nowak, said that Meta's new AI assistant app isn't as advanced as ChatGPT or Google's (GOOGL) Gemini just yet, but it's still early. He believes it has potential, especially if it uses Meta's massive amount of user data to offer personalized help, like recommending restaurants or planning trips. Since Meta is offering this app for free while others charge for similar tools, it could gain users faster. However, Nowak also said it's still uncertain whether the app will generate meaningful revenue or become a real threat to Google Search. Meanwhile, Jefferies 4.5-star analyst Brent Thill called the event an important step in Meta's move toward becoming a cloud platform. Until now, developers accessed Llama through other cloud providers like Amazon Web Services (AMZN) and Microsoft Azure (MSFT), but Meta's new Llama API allows it to make money directly from its own cloud services. Thill also pointed to new partnerships with chipmakers Groq and Cerebras and estimated that Llama could be worth $80 billion, based on other AI companies' valuations. In addition, he said that Meta's large user base and data access give it a major advantage. Is META Stock a Good Buy? Turning to Wall Street, analysts have a Strong Buy consensus rating on META stock based on 36 Buys, one Hold, and one Sell assigned in the past three months, as indicated by the graphic below. Furthermore, the average META price target of $680.53 per share implies 26.1% upside potential. See more META analyst ratings
CNBC
01-05-2025
- Business
- CNBC
Market's happy with returns from Meta's high AI CapEx spend, says Morgan Stanley's Brian Nowak
Brian Nowak, Morgan Stanley senior internet analyst, joins 'Power Lunch' to discuss Nowak's thoughts on big tech's earnings thus far, the generative AI aspect to Amazon's business, and much more.
