Citi Sees Alphabet Shares Soaring After Gemini 4 Argon Outshines Rivals

Citi's analyst Ronald Josey says Alphabet's Gemini 4 Argon launch is a significant turning point for investor sentiment. The new model outperformed its frontier rivals from OpenAI and Anthropic in 14 of 19 benchmarks, according to Citi.

Gemini 4 Argon ranked first across coding, knowledge work, cybersecurity, and relatively attractive pricing. This SOTA capabilities remove a key overhang on Alphabet shares, Josey wrote.

The model's success is seen as a trigger for a broad re-acceleration of Google's product cycle across Cloud, Workspace, Search, and developer tools. Citi expects Argon to accelerate Google's product cadence and mark the restart of its product cycle, including Personal Agent Spark.