Brad Gerstner
Jul 6, 2026 Neutral
You can never count Google out, Gerstner said, but flagged it has seen less AI traction lately.
You can never count Google out. They are the original pioneer here. They have plenty of compute. They have all the money in the world. I'm surprised that, frankly, they haven't seen more traction here as of late, but I think that they'll be in the hunt.
12 month horizon
Jun 12, 2026 Bearish
Altimeter fully exited its ~$162.5M Alphabet stake in Q1 2026 after a 100% one-year run, near 27x trailing P/E.
Altimeter fully exited its 519,290-share Alphabet (GOOGL) position in Q1 2026, a stake worth roughly $162.5 million ... GOOGL traded near 27x trailing P/E after a 100% one-year run at time of sale.
said down · 12 month horizon
May 4, 2026 Bullish
Alphabet was the clear winner of mega-cap earnings as search revenue grew 19%, Gerstner said.
Google, with its TPUs, its cloud services, is benefiting tremendously from what's going on in AI ... They grew search revenues 19% in the quarter, way higher than we forecast a couple years ago. I'm glad we had the mental flexibility to own Google along the way here.
said up · 12 month horizon
May 1, 2026 Bearish
Altimeter's full Alphabet exit while buying AI infrastructure implies it sees Google's AI shift as slower or riskier.
Selling Alphabet entirely while aggressively buying AI infrastructure names is a pointed statement.
12 month horizon
Jan 28, 2026 Bullish
Gerstner frames owning Google as a direct bet on Gemini and AI, alongside Amazon.
when I invest in Gemini, I'm investing in Google, I'm investing in Gemini and AI.
12 month horizon
Jan 6, 2026 Bullish
Gemini is on a tear and Google's AI innovation rate has improved dramatically, Gerstner said, still holding it.
Gemini is on a tear. The model has improved dramatically. The rate of innovation has improved dramatically at Google ... We were happy to be shareholders. We continue to be shareholders in Google.
12 month horizon
Jan 6, 2026 Neutral
Google's TPU won't match Nvidia's Reuben-family token efficiency despite the 'TPU kills GPU' narrative.
the TPU, while it has some advantages, is not going to produce the token efficiency that Reuben and the Reuben family of chips is going to produce.
12 month horizon
Dec 2, 2025 Bullish
Broadcom partnering with Google on TPU7 is forcing Nvidia to get better, Gerstner said, still holding Google.
What Hock Tan has done partnering with Google to build out TPU7 is extraordinary. That's going to force Nvidia to be even better.
12 month horizon