Alphabet Stock Is Down After Earnings: Time to Buy or Time to Bail?

By Jason Hall and Jeff Santoro – Oct 29, 2022 at 5:09AM

NASDAQ: GOOGL

Alphabet

Market Cap

$2,069B

Today's Change

(0.37%) $0.62

Current Price

$167.24

Price as of May 3, 2024, 4:00 p.m. ET

Slowing growth and declining ad revenue at YouTube have investors worried. This could be a buying opportunity.

Alphabet (GOOG 0.32%) (GOOGL 0.37%) reported third-quarter results on October 25, and shares have fallen by double digits since. Revenue was up a modest 6%, half the growth rate of the first half of the year, and YouTube ad revenue actually declined. Is Alphabet dealing with temporary weakness in the ad market, or is growth slowing permanently? In this video, Motley Fool contributor Jason Hall takes a closer look.

*Stock prices used were the after-market prices of Oct. 27, 2022. The video was published on Oct. 27, 2022.

Suzanne Frey, an executive at Alphabet, is a member of The Motley Fool's board of directors. Jason Hall has no position in any of the stocks mentioned. The Motley Fool has positions in and recommends Alphabet (A shares) and Alphabet (C shares). The Motley Fool has a disclosure policy. Jason Hall is an affiliate of The Motley Fool and may be compensated for promoting its services. If you choose to subscribe through his link, he will earn some extra money that supports his channel. His opinions remain his own and are unaffected by The Motley Fool.