Is page speed still a strong ranking factor?

Page speed yes impact seo because users may choose to just stop browsing on your site increasing the bounce rate as well

page loading speed may effect the core experiance
of site usage but likely wont change the ranking

It is an important point for the user experience, and it help reducing bounce rate, which is a ranking factor for Google and others search engines

I’ve noticed that improving site speed alone rarely causes a dramatic jump in rankings, but it does seem to make a difference over time, especially when combined with good Core Web Vitals and overall UX improvements. Google seems to treat it more as a tie breaker factor if two pages have similar relevance, the faster one usually wins. The bigger benefits, though, are definitely on the engagement and conversion side.

Eedita said:

Google keeps emphasizing user experience, and page speed is part of that. But I wonder if page speed truly affects rankings, or if it’s only important for user engagement and conversions. Have you noticed any ranking improvements directly after optimizing site speed in recent projects?

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Page speed mostly improves user experience and conversions, but it can also influence rankings indirectly. Faster websites keep visitors engaged, reduce bounce rates, and can give a small boost in search positions. However, speed alone rarely causes significant ranking jumps.