---
format: "aidr-story-markdown/v1"
id: "4ee21cd2af57cd0ee7284134c2507e43ef7f0458bbf78bf8b7edc4a291cfaadc"
canonical_url: "https://aidr.today/4ee21cd2?lang=en"
title: "Alphabet Plunges 11% Premarket Toward Worst Earnings Drop as 13 Analysts Cut Targets"
lang: "en"
requested_lang: "en"
available_langs: ["en","vi"]
translation_fallback: null
fallback_fields: []
published_at: "2026-10-29T12:36:34.000Z"
category: "Industry"
topics: ["google"]
source_urls: ["https://marketbrief.now/earnings/alphabet-plunges-11percent-premarket-toward-worst-earnings-drop-as-13-an-ccdb3eab","https://x.com/financialjuice/status/2115534792527683838","https://x.com/DeItaone/status/2115771366775353481","https://x.com/pequityresearch/status/2115535521397280907","https://x.com/TheTranscript_/status/2115571406725378333","https://x.com/firstadopter/status/2115552826986582081","https://x.com/jasonlk/status/2115554572412596299","https://x.com/MelvinInvests/status/2115538142035943731"]
summary: "Alphabet shares fell 11% in premarket trading after its third quarter report missed revenue estimates, prompting 13 Wall Street firms to cut price targets and Citizens to downgrade the stock. The decline marked Alphabet's largest post-earnings drop since its 2004 IPO, with Google Cloud revenue rising 103% to $30.71 billion while Search and Other revenue growth slowed to 12%."
---

# Alphabet Plunges 11% Premarket Toward Worst Earnings Drop as 13 Analysts Cut Targets

> [Open the canonical story](<https://aidr.today/4ee21cd2?lang=en>)

**Published:** 2026-10-29T12:36:34.000Z
**Category:** Industry
**Topics:** google

## Summary

Alphabet shares fell 11% in premarket trading after its third quarter report missed revenue estimates, prompting 13 Wall Street firms to cut price targets and Citizens to downgrade the stock\. The decline marked Alphabet's largest post\-earnings drop since its 2004 IPO, with Google Cloud revenue rising 103% to $30\.71 billion while Search and Other revenue growth slowed to 12%\.

## Sources

- [Story source](<https://marketbrief.now/earnings/alphabet-plunges-11percent-premarket-toward-worst-earnings-drop-as-13-an-ccdb3eab>)
- [Supporting source](<https://x.com/financialjuice/status/2115534792527683838>)
- [Story source](<https://x.com/DeItaone/status/2115771366775353481>)
- [Supporting source](<https://x.com/pequityresearch/status/2115535521397280907>)
- [Supporting source](<https://x.com/TheTranscript_/status/2115571406725378333>)
- [Supporting source](<https://x.com/firstadopter/status/2115552826986582081>)
- [Supporting source](<https://x.com/jasonlk/status/2115554572412596299>)
- [Supporting source](<https://x.com/MelvinInvests/status/2115538142035943731>)