USSTOCK.TODAY
Pre-Market
Log in Sign up

Alphabet P/E Ratio Hits Lowest Level Since 2012 Following Stock Crash

Yahoo Finance · ·by G4L

GOOGL Alphabet Inc
$293.45 +2.11%
View chart & analysis →
GOOG +2.00%
  1. 1Alphabet shares plummeted 12.6% on Thursday, erasing approximately $500 billion in market capitalization.
  2. 2Third-quarter Google Search revenue of $63.4 billion fell below the market expectation of $64.9 billion.
  3. 3Alphabet shares showed an additional 1% decline in pre-market trading on Friday.

So what's the key point?

Alphabet's stock price dropped 12.6%, causing its market value to decrease significantly. The stock price fell because Google Search revenue was lower than what experts had predicted.

Source Yahoo Finance · View original ↗

Related 3-line summaries

Alphabet faces sharp drop in free cash flow despite Google Cloud growth The Motley Fool +1 · 9h agoAnthropic pursues IPO with launch of Microsoft Office competitor Quartz +3 · 20h agoBerkshire Hathaway buys approximately $9.6 billion in share buybacks in Q3 2026 The Motley Fool +1 · 22h ago
Today's 5 AI picks, all free
Nothing hidden: past picks and how they did against the S&P 500.
See today's picks →
← Back to news