Why Alphabet Inc. (GOOGL) stock fell 11.7% on Thursday, October 29, 2026

Alphabet Inc. (GOOGL) traded at $286.98 as of 11:31 AM ET, down 11.67% on Thursday, October 29, 2026, on volume of 67,742,350 shares (2.6× its 3-month average); market value about $3509.70B.

What happened: primary sources

Events Nexqual found for GOOGL on Thursday, October 29, 2026 or the trading day before (October 28, 2026):

• Oct 28, 2026: Reported Q3 2026 results: EPS $2.12 vs consensus $2.97 (miss), revenue $127.58B vs consensus $127.91B (miss). source
• Oct 29, 2026: Barclays: Target lowered, Overweight, price target $425 → $405
• Oct 29, 2026: Wedbush: Target lowered, Outperform, price target $445 → $387
• Oct 29, 2026: Truist Securities: Target lowered, Buy, price target $420 → $410
• Oct 29, 2026: Guggenheim: Reiterated, Buy, price target $450
• Oct 29, 2026: Piper Sandler: Target lowered, Overweight, price target $400 → $345
• Oct 29, 2026: Keybanc: Target lowered, Overweight, price target $410 → $385

These are listed as context. A filing or rating change on the same day is not proof that it caused the move; read the source.

More on GOOGL

GOOGL stock page: price, SEC financials, insider trades, superinvestor holders, analyst estimates and options. Other big moves that day: October 29, 2026.

Sources: SEC EDGAR, Nexqual Earnings Flash, analyst rating changes, Nexqual market data. Built October 29, 2026 at 16:09 UTC. Not investment advice.

Data source: Nexqual. Last updated: October 29, 2026 at 16:09 UTC. This page is informational and not investment advice.

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