Alphabet's Fair Value Estimate was adjusted from US$429.46 to US$408.09, narrowing the implied upside in some analyst models. TD Cowen, BMO Capital and Oppenheimer highlighted AI and Google Cloud momentum, while Citi, JPMorgan, Piper Sandler, Deutsche Bank and BofA cut price targets after Search revenue growth came in below buy-side expectations, free cash flow softened and heavier AI and TPU capex weighed on sentiment. Updated assumptions include revenue growth moving from 21.31% to 22.16%, net profit margin from 30.54% to 29.44%, future P/E from 28.95x to 26.94x, and discount rate from 8.77% to 8.69%.
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GOOGLvaluationearningsAI investment
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Related tickers and likely impact
GOOGL
▼ Likely negativeAlphabet Inc. (Class A)
Relevance: high
| Market | US stocks |
|---|---|
| Sector | Communication Services |
| Industry | Interactive Media & Services |
| Market cap | $4.0T |
| Close on 10/30/2026 | 279.76 |
| Change that session | -1.43% |
Impact is scored by AI from the headline and may be wrong. It is not investment advice.
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