Wall Street Analysts Cut Alphabet Price Targets Following Third-Quarter Earnings and Search Deceleration

Major Wall Street brokerages reduced their price targets on Alphabet Inc. on October 29, 2026, following the company's third-quarter earnings report. BofA Securities lowered its target to $380 from $430, while Evercore ISI cut its target to $435 from $450 and KeyBanc trimmed its target to $385 from $410. Earlier, Barclays lowered its target to $405 from $425, maintaining an Overweight rating, and Bernstein SocGen Group cut its target to $325 from $385 with a Market Perform rating. Bernstein cited a 10% post-earnings share drop driven by decelerating Google Search revenue and AI monetization headwinds.