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Goldman Sachs (GS) Declines More Than Market: Some Information for Investors
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Goldman Sachs (GS - Free Report) closed the most recent trading day at $988.45, moving -3.96% from the previous trading session. This change lagged the S&P 500's 0.48% loss on the day. On the other hand, the Dow registered a loss of 0.29%, and the technology-centric Nasdaq decreased by 0.56%.
The investment bank's shares have seen a decrease of 0.99% over the last month, not keeping up with the Finance sector's loss of 0.73% and the S&P 500's loss of 0.82%.
The upcoming earnings release of Goldman Sachs will be of great interest to investors. The company's earnings report is expected on October 13, 2026. The company is expected to report EPS of $15.62, up 27.51% from the prior-year quarter. Meanwhile, the latest consensus estimate predicts the revenue to be $17.04 billion, indicating a 12.19% increase compared to the same quarter of the previous year.
In terms of the entire fiscal year, the Zacks Consensus Estimates predict earnings of $68.89 per share and a revenue of $70.58 billion, indicating changes of +34.24% and +21.1%, respectively, from the former year.
Additionally, investors should keep an eye on any recent revisions to analyst forecasts for Goldman Sachs. Such recent modifications usually signify the changing landscape of near-term business trends. As a result, we can interpret positive estimate revisions as a good sign for the business outlook.
Our research shows that these estimate changes are directly correlated with near-term stock prices. To utilize this, we have created the Zacks Rank, a proprietary model that integrates these estimate changes and provides a functional rating system.
The Zacks Rank system, running from #1 (Strong Buy) to #5 (Strong Sell), holds an admirable track record of superior performance, independently audited, with #1 stocks contributing an average annual return of +25% since 1988. The Zacks Consensus EPS estimate remained stagnant within the past month. At present, Goldman Sachs boasts a Zacks Rank of #1 (Strong Buy).
In terms of valuation, Goldman Sachs is currently trading at a Forward P/E ratio of 14.94. This valuation marks a premium compared to its industry average Forward P/E of 14.36.
Meanwhile, GS's PEG ratio is currently 1.04. The PEG ratio is akin to the commonly utilized P/E ratio, but this measure also incorporates the company's anticipated earnings growth rate. The average PEG ratio for the Financial - Investment Bank industry stood at 1.05 at the close of the market yesterday.
The Financial - Investment Bank industry is part of the Finance sector. At present, this industry carries a Zacks Industry Rank of 48, placing it within the top 20% of over 250 industries.
The Zacks Industry Rank gauges the strength of our individual industry groups by measuring the average Zacks Rank of the individual stocks within the groups. Our research shows that the top 50% rated industries outperform the bottom half by a factor of 2 to 1.
Remember to apply Zacks.com to follow these and more stock-moving metrics during the upcoming trading sessions.
View the Zacks #1 Rank List
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Goldman Sachs (GS) Declines More Than Market: Some Information for Investors
Goldman Sachs (GS - Free Report) closed the most recent trading day at $988.45, moving -3.96% from the previous trading session. This change lagged the S&P 500's 0.48% loss on the day. On the other hand, the Dow registered a loss of 0.29%, and the technology-centric Nasdaq decreased by 0.56%.
The investment bank's shares have seen a decrease of 0.99% over the last month, not keeping up with the Finance sector's loss of 0.73% and the S&P 500's loss of 0.82%.
The upcoming earnings release of Goldman Sachs will be of great interest to investors. The company's earnings report is expected on October 13, 2026. The company is expected to report EPS of $15.62, up 27.51% from the prior-year quarter. Meanwhile, the latest consensus estimate predicts the revenue to be $17.04 billion, indicating a 12.19% increase compared to the same quarter of the previous year.
In terms of the entire fiscal year, the Zacks Consensus Estimates predict earnings of $68.89 per share and a revenue of $70.58 billion, indicating changes of +34.24% and +21.1%, respectively, from the former year.
Additionally, investors should keep an eye on any recent revisions to analyst forecasts for Goldman Sachs. Such recent modifications usually signify the changing landscape of near-term business trends. As a result, we can interpret positive estimate revisions as a good sign for the business outlook.
Our research shows that these estimate changes are directly correlated with near-term stock prices. To utilize this, we have created the Zacks Rank, a proprietary model that integrates these estimate changes and provides a functional rating system.
The Zacks Rank system, running from #1 (Strong Buy) to #5 (Strong Sell), holds an admirable track record of superior performance, independently audited, with #1 stocks contributing an average annual return of +25% since 1988. The Zacks Consensus EPS estimate remained stagnant within the past month. At present, Goldman Sachs boasts a Zacks Rank of #1 (Strong Buy).
In terms of valuation, Goldman Sachs is currently trading at a Forward P/E ratio of 14.94. This valuation marks a premium compared to its industry average Forward P/E of 14.36.
Meanwhile, GS's PEG ratio is currently 1.04. The PEG ratio is akin to the commonly utilized P/E ratio, but this measure also incorporates the company's anticipated earnings growth rate. The average PEG ratio for the Financial - Investment Bank industry stood at 1.05 at the close of the market yesterday.
The Financial - Investment Bank industry is part of the Finance sector. At present, this industry carries a Zacks Industry Rank of 48, placing it within the top 20% of over 250 industries.
The Zacks Industry Rank gauges the strength of our individual industry groups by measuring the average Zacks Rank of the individual stocks within the groups. Our research shows that the top 50% rated industries outperform the bottom half by a factor of 2 to 1.
Remember to apply Zacks.com to follow these and more stock-moving metrics during the upcoming trading sessions.