Market anticipation for the release of Google Gemini 3.0 is mounting, with analysts noting that it could further solidify the company’s position in the artificial intelligence sector.
Wall Street’s recognition of Google’s artificial intelligence strategy has been gradually increasing this year.
Alphabet’s stock price has benefited this year from a shift in investor sentiment: one, in the eyes of Wall Street, the company has transformed from a laggard in the artificial intelligence space to a winner.
It is always worth noting that the stock’s valuation multiple caught Warren Buffett’s attention. His recent disclosure of an increase in Alphabet shares during the third quarter indicates that the stock could be considered – or at least recently was – a value investment choice. Although Alphabet’s forward price-to-earnings ratio is approximately 25 times, for much of the third quarter, this multiple was below 20 times. It remains unclear exactly when Berkshire Hathaway made its purchases within the quarter.
Buffett’s endorsement has boosted Alphabet’s stock price, which surged over 3% on Monday, marking a 50% increase year-to-date — the best performance among the ‘Magnificent Seven’ stocks in 2025 so far.
Another potential catalyst may soon emerge for Alphabet’s stock.
Today, Buffett and other investors holding shares in Google’s parent company are looking ahead to the release of the next version of its large language model — Gemini 3.0. On Monday morning, the prediction platform Polymarket showed a 92% probability of its release by November 22. Just days earlier, this probability stood at 69% — following an intriguing post by Alphabet CEO Sundar Pichai on social media platform X.
The excitement surrounding the imminent release of Gemini 3.0 reflects Wall Street’s newfound acknowledgment of Google’s positioning in artificial intelligence. Earlier this year, investors were concerned that the rise of ChatGPT might disrupt traditional search businesses, but Alphabet subsequently impressed investors with both the resilience of its search operations and the capabilities of its AI models.
A Morgan Stanley report at the end of October noted that Gemini 3.0 could bring improvements in AI reasoning, diffusion capabilities, agent commerce, and agent travel. At the time, analyst Brian Nowak believed these features might strengthen the company’s leadership position in generative AI.
In October, Lloyd Walmsley of Mizuho Securities wrote that the release is “expected to deliver significant upgrades in multimodal capabilities, reasoning, and automation,” and may feature enhanced “real-time video comprehension.” On social media, users anticipate that the new model will bring enhancements to the Nano Banana image generation tool.
Warmsley wrote: ‘If these capabilities are realized, Gemini 3 could significantly narrow the gap and potentially assume a leadership position in the fields of multimodal reasoning and enterprise automation.’
