Alphabet Inc. (GOOG) Dips More Than Broader Market: What You Should Know

Alphabet Inc. (GOOG) declined 3.58% on September 23, 2026, underperforming the broader market's 0.76% loss. Despite a Zacks Rank #3 (Hold) rating, the company shows strong earnings growth expectations with projected EPS of $2.93 (up 2.09% YoY) and revenue of $111.26 billion (up 27.2% YoY). The stock trades at a Forward P/E of 16.94, slightly above its industry average of 16.02.