Alphabet (GOOGL) Stock Sees Fair Value Cut After Q3 Miss And Higher AI Spending

Alphabet has seen its Fair Value Estimate adjusted from US$429.46 to US$408.09, which narrows the implied upside in some analyst models. This shift lines up with recent research that reacts to softer Q3 earnings, heavier AI and TPU capex, and questions about how quickly AI driven products and Search changes will translate into monetization. As you read on, you will see how to track these moving pieces and stay on top of the evolving Alphabet narrative. Analyst Price Targets don't always capture the full story. Head over to our Company Report to find new ways to value Alphabet.