Google Public Sector is expanding its collaboration with Palantir Technologies Inc. (PLTR) by integrating support for Palantir's FedStart platform. This initiative will enable public sector clients to leverage software and applications on Google's accredited cloud infrastructure through Palantir's system.
The Palantir FedStart platform is designed to help U.S. government agencies comply with regulations, enhance operational scalability, and access cutting-edge solutions from leading independent software vendors (ISVs). Many of these software solutions are developed natively on Google Cloud. This partnership is set to boost innovation within U.S. government entities by providing them with certified solutions across multiple cloud platforms, ensuring robust security and compliance.
The collaboration also facilitates a smoother and quicker path for ISVs to gain accreditation and make a significant impact. At the commencement of this initiative, Anthropic's Claude for Enterprise application will be the first to be available to federal government agencies through Palantir FedStart on Google Cloud.
Wall Street Analysts Forecast
Based on the one-year price targets offered by 17 analysts, the average target price for Alphabet Inc (GOOG, Financial) is $204.53 with a high estimate of $234.00 and a low estimate of $173.00. The average target implies an upside of 28.33% from the current price of $159.38. More detailed estimate data can be found on the Alphabet Inc (GOOG) Forecast page.
Based on the consensus recommendation from 22 brokerage firms, Alphabet Inc's (GOOG, Financial) average brokerage recommendation is currently 1.8, indicating "Outperform" status. The rating scale ranges from 1 to 5, where 1 signifies Strong Buy, and 5 denotes Sell.
Based on GuruFocus estimates, the estimated GF Value for Alphabet Inc (GOOG, Financial) in one year is $195.33, suggesting a upside of 22.56% from the current price of $159.38. GF Value is GuruFocus' estimate of the fair value that the stock should be traded at. It is calculated based on the historical multiples the stock has traded at previously, as well as past business growth and the future estimates of the business' performance. More detailed data can be found on the Alphabet Inc (GOOG) Summary page.
