Alphabet

Gains

Search

Apple

<h3 id="h-key-insights" class="wp-block-heading"><strong>Key Insights</strong></h3>
<ul>
 <li>Google stock (GOOGL) price plunged after Alphabet missed quarterly revenue expectations.</li>
 <li>Google Cloud revenue surged 103%, reaching $30.71 billion quarterly.</li>
 <li>Alphabet reported lower earnings, while Search and YouTube missed estimates.</li>
</ul>
<p>GOOGL stock fell sharply after Alphabet missed third-quarter revenue expectations, despite record sales and rapid growth at Google Cloud.</p>
<p>The GOOGL stock price dropped 9.74% in after-hours trading to $293.80, following a regular-session close of $324.89. Alphabet reported $127.58 billion in revenue, below the $127.93 billion estimate.</p>
<p>Its results also showed weaker-than-expected Search and YouTube advertising revenue, alongside lower earnings per share. On October 19, SPCX stock price <a href="https://www.thecoinrepublic.com/2026/10/19/analyst-keeps-225-spcx-stock-price-target-ahead-of-spacex-earnings/" rel="noopener noreferrer nofollow">climbed more than 3%</a> during the trading session ahead of SpaceX’s earnings release.</p>
<h2 id="h-google-stock-reverses-gains-after-quarterly-results" class="wp-block-heading"><strong>Google Stock Reverses Gains After Quarterly Results</strong></h2>
<p>Before the <a href="https://s206.q4cdn.com/479360582/files/doc_financials/2026/q3/2026q3-alphabet-earnings-release.pdf" rel="noopener noreferrer nofollow">Alphabet earnings release</a>, the Google (GOOGL) stock price gained $4.31, or 1.34%, during the regular session. The stock ended at $324.89 after trading within a relatively narrow range. However, the subsequent sell-off erased those gains and pushed shares below $300.</p>
<div class="wp-block-image">
 <figure class="aligncenter size-full"><img width="822" height="522" src="https://www.thecoinrepublic.com/wp-content/uploads/2026/10/4ace7ae947c26083bb136af643051321c51ee3d797ff77dc9e4defe271e9cd54-2.png" alt="Alphabet (GOOGL) Stock Price Update | Source: X">
  <figcaption>
   Alphabet (GOOGL) Stock Price Update | Source: X
  </figcaption>
 </figure>
</div>
<p>The GOOGL stock price fell $31.09 from its regular-session close. The chart also showed a volume spike as the after-hours decline began. Shares subsequently slipped toward $290 before recovering slightly to $293.80.</p>
<p>Meanwhile, Alphabet recorded 25% annual revenue growth, reaching $127.58 billion for the quarter. Earnings per share declined to $2.12 from $2.87 a year earlier. Operating income totaled $40.58 billion, compared with analysts’ $43.16 billion estimate.</p>
<p>The company’s operating margin also fell to 31.8%, down from 34% in the second quarter. Capital expenditures reached $51.36 billion, below the $55.78 billion estimate. Together, these figures accompanied the sharp after-hours movement in Google stock.</p>
<h2 id="h-search-and-youtube-miss-estimates-as-cloud-revenue-doubles" class="wp-block-heading"><strong>Search and YouTube Miss Estimates as Cloud Revenue Doubles</strong></h2>
<p>Alphabet’s Google Services business generated $96.30 billion in third-quarter revenue, missing the $98.40 billion estimate. Still, that represented 11% growth from $87.05 billion in the same quarter last year. The previous year’s third-quarter growth rate stood at 14%.</p>
<div class="wp-block-image">
 <figure class="aligncenter size-full"><img width="712" height="556" src="https://www.thecoinrepublic.com/wp-content/uploads/2026/10/7f2b40513f621cd1c818a40facf55344b49e150ac4ffe7762a3d2bb301c5701e-2.png" alt="Google Stock Price Dips After Earnings Release | Source: X">
  <figcaption>
   Google Stock Price Dips After Earnings Release | Source: X
  </figcaption>
 </figure>
</div>
<p>Within Services, Google Search and Other produced $63.35 billion, below the $64.85 billion estimate. Revenue increased 12% from $56.57 billion a year earlier. YouTube Ads contributed $11.21 billion, compared with expectations of $11.43 billion.</p>
<p>Despite missing that estimate, YouTube advertising revenue rose 9% from $10.26 billion a year earlier. Google Network revenue reached $7.46 billion, increasing 1% from $7.35 billion. Subscriptions, Platforms and Devices produced $14.29 billion, up 11% from $12.87 billion.</p>
<p>By contrast, Google Cloud exceeded estimates with $30.71 billion in revenue, against expectations of $29.10 billion. Cloud revenue jumped 103% year over year. The increase coincided with misses across Search, YouTube advertising, and overall Google Services revenue.</p>
<p>For comparison, Microsoft reported $92.3 billion in quarterly revenue, while Alphabet posted approximately $127.6 billion. Both companies recorded quarterly revenue highs. However, Microsoft shares climbed as much as 6% after hours following its earnings beat.</p>
<h2 id="h-analysts-discuss-advertising-performance-and-computing-costs" class="wp-block-heading"><strong>Analysts Discuss Advertising Performance and Computing Costs</strong></h2>
<p>The earnings report also prompted commentary on Alphabet’s core advertising business. Stock Talk, a financial commentary account with more than 400,000 followers, highlighted the search and advertising misses.</p>
<p>The account argued that declining engagement with conventional search links and growing AI agent use could affect advertising. Its remarks reflected the account’s assessment rather than a finding in Alphabet’s reported financial figures.</p>
<p>Separately, VanEck digital assets research head Matthew Sigel <a href="https://x.com/matthew_sigel/status/2115551220286865915" rel="noopener noreferrer nofollow">shared details</a> from Alphabet’s earnings call. Alphabet began using third-party computing capacity near the end of the third quarter because of supply constraints. It expects to increase that usage during the fourth quarter.</p>
<p>Management also expects near-term margin pressure associated with the additional computing capacity. However, Alphabet maintained its 2026 capital expenditure guidance of $195 billion to $205 billion. It also expects capital spending to increase significantly in 2027, with further details planned for its fourth-quarter call.</p>
<p>Beyond quarterly results, Apple and Google <a href="https://www.thecoinrepublic.com/2026/09/21/apple-google-hire-stablecoin-experts-as-crypto-payments-grow/" rel="noopener noreferrer nofollow">were hiring specialists</a> in stablecoins, blockchain, and tokenization a month earlier. Those openings related to digital payments and institutional financial infrastructure. Separately, months earlier, the Solana Foundation and Google Cloud <a href="https://www.thecoinrepublic.com/2026/05/06/solana-news-solana-and-google-launch-ai-stablecoin-payment-system/" rel="noopener noreferrer nofollow">launched Pay.sh,</a> a stablecoin payment system for AI agents.</p>
<p>The post <a href="https://www.thecoinrepublic.com/2026/10/29/googl-stock-crashes-as-alphabet-misses-quarterly-revenue-estimates/" rel="noopener noreferrer nofollow">GOOGL Stock Crashes as Alphabet Misses Quarterly Revenue Estimates</a> appeared first on <a href="https://www.thecoinrepublic.com" rel="noopener noreferrer nofollow">The Coin Republic</a>.</p>

GOOGL Stock Crashes as Alphabet Misses Quarterly Revenue Estimates

Table of Contents

Thecoinrepublic.com

Other articles published on Oct 29, 2026

Join our free newsletter for daily crypto updates!