It is. I'd consider it a form of stochastic terrorism. Stochastic terrorism is the public demonization of a person or group through mass media that incites a violent act which is statistically predictable but whose specific perpetrator and timing cannot be predicted.

So the government labeling anti-fascists as terrorists, or people that support an end to the Palestinian genocide as terrorists could fall under the definition of stochastic terrorism. We have the public demonization of anti-facists via policy and yellow journalism, which leads to those people speaking out against fascism to be targeted by the police/government for exercising their right to free speech and assembly. The anti genocide protesters spreading red paint and breaking windows are vandals for sure, but I wouldn't go so far as to label them as terrorists. Labeling them as terrorists creates an opening for the government to deny them freedom via criminal charges worse than any crime they are actually guilty of.

The US Department of Justice is attempting to prosecute an Atlanta resident in connection with the movement against the police training center known as Cop City because he had GrapheneOS on his phone, an open-source operating system that enables users to enter a passcode and wipe a phone clean. The dude gave the police officer the code to wipe the phone, instead of the unlock code, in response to an illegal search and seizure of his property. The defendant, Sam Tunick, was stopped for interrogation at Atlanta’s Hartsfield-Jackson airport on 24 January last year, after vacationing in the Dominican Republic. Unbeknown to him, federal authorities had put him on a terrorism watchlist because of his alleged association with the movement against Cop City.