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Goldman Sachs (GS) Sees a More Significant Dip Than Broader Market: Some Facts to Know
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Goldman Sachs (GS - Free Report) ended the recent trading session at $916.28, demonstrating a -2.05% change from the preceding day's closing price. The stock fell short of the S&P 500, which registered a loss of 0.77% for the day. Elsewhere, the Dow lost 0.67%, while the tech-heavy Nasdaq lost 0.92%.
The investment bank's stock has dropped by 9.53% in the past month, falling short of the Finance sector's loss of 3.48% and the S&P 500's gain of 0.96%.
The investment community will be closely monitoring the performance of Goldman Sachs in its forthcoming earnings report. The company is scheduled to release its earnings on October 13, 2026. The company's upcoming EPS is projected at $15.18, signifying a 23.92% increase compared to the same quarter of the previous year. Simultaneously, our latest consensus estimate expects the revenue to be $17.14 billion, showing a 12.91% escalation compared to the year-ago quarter.
Looking at the full year, the Zacks Consensus Estimates suggest analysts are expecting earnings of $69.64 per share and revenue of $71.62 billion. These totals would mark changes of +35.7% and +22.88%, respectively, from last year.
Investors should also take note of any recent adjustments to analyst estimates for Goldman Sachs. Recent revisions tend to reflect the latest near-term business trends. As a result, upbeat changes in estimates indicate analysts' favorable outlook on the business health and profitability.
Our research reveals that these estimate alterations are directly linked with the stock price performance in the near future. To benefit from this, we have developed the Zacks Rank, a proprietary model which takes these estimate changes into account and provides an actionable 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 has moved 1.08% higher within the past month. Goldman Sachs presently features a Zacks Rank of #3 (Hold).
Investors should also note Goldman Sachs's current valuation metrics, including its Forward P/E ratio of 13.43. This valuation marks a premium compared to its industry average Forward P/E of 13.26.
We can also see that GS currently has a PEG ratio of 0.94. The PEG ratio is akin to the commonly utilized P/E ratio, but this measure also incorporates the company's anticipated earnings growth rate. GS's industry had an average PEG ratio of 0.94 as of yesterday's close.
The Financial - Investment Bank industry is part of the Finance sector. At present, this industry carries a Zacks Industry Rank of 96, placing it within the top 40% of over 250 industries.
The Zacks Industry Rank gauges the strength of our 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.
To follow GS in the coming trading sessions, be sure to utilize Zacks.com.
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Goldman Sachs (GS) Sees a More Significant Dip Than Broader Market: Some Facts to Know
Goldman Sachs (GS - Free Report) ended the recent trading session at $916.28, demonstrating a -2.05% change from the preceding day's closing price. The stock fell short of the S&P 500, which registered a loss of 0.77% for the day. Elsewhere, the Dow lost 0.67%, while the tech-heavy Nasdaq lost 0.92%.
The investment bank's stock has dropped by 9.53% in the past month, falling short of the Finance sector's loss of 3.48% and the S&P 500's gain of 0.96%.
The investment community will be closely monitoring the performance of Goldman Sachs in its forthcoming earnings report. The company is scheduled to release its earnings on October 13, 2026. The company's upcoming EPS is projected at $15.18, signifying a 23.92% increase compared to the same quarter of the previous year. Simultaneously, our latest consensus estimate expects the revenue to be $17.14 billion, showing a 12.91% escalation compared to the year-ago quarter.
Looking at the full year, the Zacks Consensus Estimates suggest analysts are expecting earnings of $69.64 per share and revenue of $71.62 billion. These totals would mark changes of +35.7% and +22.88%, respectively, from last year.
Investors should also take note of any recent adjustments to analyst estimates for Goldman Sachs. Recent revisions tend to reflect the latest near-term business trends. As a result, upbeat changes in estimates indicate analysts' favorable outlook on the business health and profitability.
Our research reveals that these estimate alterations are directly linked with the stock price performance in the near future. To benefit from this, we have developed the Zacks Rank, a proprietary model which takes these estimate changes into account and provides an actionable 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 has moved 1.08% higher within the past month. Goldman Sachs presently features a Zacks Rank of #3 (Hold).
Investors should also note Goldman Sachs's current valuation metrics, including its Forward P/E ratio of 13.43. This valuation marks a premium compared to its industry average Forward P/E of 13.26.
We can also see that GS currently has a PEG ratio of 0.94. The PEG ratio is akin to the commonly utilized P/E ratio, but this measure also incorporates the company's anticipated earnings growth rate. GS's industry had an average PEG ratio of 0.94 as of yesterday's close.
The Financial - Investment Bank industry is part of the Finance sector. At present, this industry carries a Zacks Industry Rank of 96, placing it within the top 40% of over 250 industries.
The Zacks Industry Rank gauges the strength of our 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.
To follow GS in the coming trading sessions, be sure to utilize Zacks.com.