# Alphabet just had its worst day as a public company. BofA now values Google search at a lower multiple than fossil fuel stocks

- Source: Fortune | FORTUNE
- Published: 2026-10-30T00:10:15+00:00
- Category: Business
- Original: https://fortune.com/2026/10/29/alphabet-worst-day-google-search-valuation-energy-sector-bofa/
- Canonical: https://groundlevelnews.com/story/alphabet-just-had-its-worst-day-as-a-public-company-bofa-now-values-go-e3ce6b/

Search revenue missed forecasts and free cash flow went negative. Bank of America now values Google’s core search business at about 10 times earnings, against 18.7 for the S&P 500.

_Ground Level News shows a short summary only; the full article and all rights belong to Fortune | FORTUNE._