We use cookies to understand how you use our site and to improve your experience.
This includes personalizing content and advertising.
By pressing "Accept All" or closing out of this banner, you consent to the use of all cookies and similar technologies and the sharing of information they collect with third parties.
You can reject marketing cookies by pressing "Deny Optional," but we still use essential, performance, and functional cookies.
In addition, whether you "Accept All," Deny Optional," click the X or otherwise continue to use the site, you accept our Privacy Policy and Terms of Service, revised from time to time.
You are being directed to ZacksTrade, a division of LBMZ Securities and licensed broker-dealer. ZacksTrade and Zacks.com are separate companies. The web link between the two companies is not a solicitation or offer to invest in a particular security or type of security. ZacksTrade does not endorse or adopt any particular investment strategy, any analyst opinion/rating/report or any approach to evaluating individual securities.
If you wish to go to ZacksTrade, click OK. If you do not, click Cancel.
Goldman Sachs (GS) Rises Higher Than Market: Key Facts
Read MoreHide Full Article
Goldman Sachs (GS - Free Report) closed at $959.39 in the latest trading session, marking a +1.85% move from the prior day. This move outpaced the S&P 500's daily gain of 1.49%. At the same time, the Dow added 0.71%, and the tech-heavy Nasdaq gained 2.26%.
The investment bank's shares have seen a decrease of 9.36% over the last month, not keeping up with the Finance sector's loss of 2.25% and the S&P 500's gain of 0.1%.
Market participants will be closely following the financial results of Goldman Sachs in its upcoming release. The company plans to announce its earnings on October 13, 2026. On that day, Goldman Sachs is projected to report earnings of $15.37 per share, which would represent year-over-year growth of 25.47%. Simultaneously, our latest consensus estimate expects the revenue to be $17.14 billion, showing a 12.91% escalation compared to the year-ago quarter.
For the full year, the Zacks Consensus Estimates project earnings of $68.58 per share and a revenue of $70.66 billion, demonstrating changes of +33.63% and +21.24%, respectively, from the preceding year.
Any recent changes to analyst estimates for Goldman Sachs should also be noted by investors. These revisions typically reflect the latest short-term business trends, which can change frequently. Hence, positive alterations in estimates signify analyst optimism regarding the business and profitability.
Empirical research indicates that these revisions in estimates have a direct correlation with impending stock price performance. We developed the Zacks Rank to capitalize on this phenomenon. Our system takes these estimate changes into account and delivers a clear, actionable rating model.
The Zacks Rank system, spanning from #1 (Strong Buy) to #5 (Strong Sell), boasts an impressive track record of outperformance, audited externally, with #1 ranked stocks yielding an average annual return of +25% since 1988. Over the past month, the Zacks Consensus EPS estimate has shifted 0.45% downward. Goldman Sachs is currently sporting a Zacks Rank of #3 (Hold).
From a valuation perspective, Goldman Sachs is currently exchanging hands at a Forward P/E ratio of 13.73. For comparison, its industry has an average Forward P/E of 13.64, which means Goldman Sachs is trading at a premium to the group.
Investors should also note that GS has a PEG ratio of 0.96 right now. This metric is used similarly to the famous P/E ratio, but the PEG ratio also takes into account the stock's expected earnings growth rate. The average PEG ratio for the Financial - Investment Bank industry stood at 0.96 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 71, placing it within the top 29% of over 250 industries.
The Zacks Industry Rank is ordered from best to worst in terms of the average Zacks Rank of the individual companies within each of these sectors. Our research shows that the top 50% rated industries outperform the bottom half by a factor of 2 to 1.
Be sure to follow all of these stock-moving metrics, and many more, on Zacks.com.
View the Zacks #1 Rank List
Image: Bigstock
Goldman Sachs (GS) Rises Higher Than Market: Key Facts
Goldman Sachs (GS - Free Report) closed at $959.39 in the latest trading session, marking a +1.85% move from the prior day. This move outpaced the S&P 500's daily gain of 1.49%. At the same time, the Dow added 0.71%, and the tech-heavy Nasdaq gained 2.26%.
The investment bank's shares have seen a decrease of 9.36% over the last month, not keeping up with the Finance sector's loss of 2.25% and the S&P 500's gain of 0.1%.
Market participants will be closely following the financial results of Goldman Sachs in its upcoming release. The company plans to announce its earnings on October 13, 2026. On that day, Goldman Sachs is projected to report earnings of $15.37 per share, which would represent year-over-year growth of 25.47%. Simultaneously, our latest consensus estimate expects the revenue to be $17.14 billion, showing a 12.91% escalation compared to the year-ago quarter.
For the full year, the Zacks Consensus Estimates project earnings of $68.58 per share and a revenue of $70.66 billion, demonstrating changes of +33.63% and +21.24%, respectively, from the preceding year.
Any recent changes to analyst estimates for Goldman Sachs should also be noted by investors. These revisions typically reflect the latest short-term business trends, which can change frequently. Hence, positive alterations in estimates signify analyst optimism regarding the business and profitability.
Empirical research indicates that these revisions in estimates have a direct correlation with impending stock price performance. We developed the Zacks Rank to capitalize on this phenomenon. Our system takes these estimate changes into account and delivers a clear, actionable rating model.
The Zacks Rank system, spanning from #1 (Strong Buy) to #5 (Strong Sell), boasts an impressive track record of outperformance, audited externally, with #1 ranked stocks yielding an average annual return of +25% since 1988. Over the past month, the Zacks Consensus EPS estimate has shifted 0.45% downward. Goldman Sachs is currently sporting a Zacks Rank of #3 (Hold).
From a valuation perspective, Goldman Sachs is currently exchanging hands at a Forward P/E ratio of 13.73. For comparison, its industry has an average Forward P/E of 13.64, which means Goldman Sachs is trading at a premium to the group.
Investors should also note that GS has a PEG ratio of 0.96 right now. This metric is used similarly to the famous P/E ratio, but the PEG ratio also takes into account the stock's expected earnings growth rate. The average PEG ratio for the Financial - Investment Bank industry stood at 0.96 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 71, placing it within the top 29% of over 250 industries.
The Zacks Industry Rank is ordered from best to worst in terms of the average Zacks Rank of the individual companies within each of these sectors. Our research shows that the top 50% rated industries outperform the bottom half by a factor of 2 to 1.
Be sure to follow all of these stock-moving metrics, and many more, on Zacks.com.