Why this matters to you
If you manage paid search accounts on Target CPA or Target ROAS, mark August 17 on your calendar. Google is changing how Smart Bidding handles these strategies, and campaigns you haven't touched in a while could be affected once the change takes effect. This is the kind of update that's easy to miss in the noise of platform changelogs, but it directly touches the bidding logic behind live budgets. Waiting until after the deadline to check your account means finding out about any impact after the fact instead of before.
What's changing
Search Engine Journal reports that Google is ending target overperformance in Smart Bidding starting August 17. The change affects Target CPA and Target ROAS campaigns specifically, and Search Engine Journal's guidance centers on identifying which of your campaigns use these bidding strategies and reviewing them ahead of the cutoff.
Beyond that, the specifics of exactly how "overperformance" has worked up to now and what changes mechanically on Google's end aren't detailed in the summary available at the time of writing. What's clear is the direction: this is a deadline-driven change tied to a specific date, not a rolling rollout, and it applies to advertisers actively running Target CPA or Target ROAS campaigns.
What to do before August 17
The practical takeaway for marketers running paid search accounts is straightforward: know which of your active campaigns are set to Target CPA or Target ROAS, and don't assume they'll behave identically after the 17th just because they've been stable so far. Pull a list of campaigns using these strategies now, so you're not scrambling to identify them after the change is already live.
Beyond identifying affected campaigns, Search Engine Journal's coverage points advertisers toward checking what settings may need updating before the deadline, though the specific adjustments aren't detailed in the summary available here. If you manage client accounts or multiple properties, this is worth flagging to your team or clients directly rather than assuming it'll be a non-event.
The bigger picture
Smart Bidding changes tend to arrive with limited lead time and can quietly shift performance if nobody's watching. Whether or not this particular update ends up being significant for your accounts, it's a useful nudge to build a habit of checking Google Ads changelogs on a regular cadence rather than reacting only when a headline like this crosses your feed.