Alphabet Class A (GOOGL) is experiencing a modest decline, trading lower after-hours as it gets pulled into a broad technology and AI-led selloff driven by investor concerns over rich valuations and infrastructure spending.
- JP Morgan recently raised its price target to $385 and maintained an Overweight rating, adding to continued optimism around Waymo’s long-term upside.
- Sentiment remains underpinned by strong fundamentals, including record Q3 2025 revenue above $100 billion and robust cloud profitability.
- The stock is trading after-hours around $309.48, down 0.94%.