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Alphabet (GOOGL) Registers a Bigger Fall Than the Market: Important Facts to Note

Zacks Investment Research·
Alphabet (GOOGL) Registers a Bigger Fall Than the Market: Important Facts to Note

Alphabet stock fell 3.8% on September 23, 2026, significantly underperforming the broader market's 0.76% decline. Despite strong earnings projections showing 2.09% EPS growth and 27.2% revenue growth for the upcoming quarter, the stock holds a Zacks Rank #3 (Hold) rating with a Forward P/E of 17.12, trading at a premium to its industry average of 16.02.

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