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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 $887.21, demonstrating a -1.11% change from the preceding day's closing price. The stock's change was less than the S&P 500's daily loss of 0.22%. Elsewhere, the Dow saw a downswing of 0.66%, while the tech-heavy Nasdaq depreciated by 0.22%.
Prior to today's trading, shares of the investment bank had lost 13.44% lagged the Finance sector's loss of 4.09% and the S&P 500's gain of 1.4%.
The investment community will be paying close attention to the earnings performance of Goldman Sachs in its upcoming release. The company is slated to reveal its earnings on October 13, 2026. In that report, analysts expect Goldman Sachs to post earnings of $13.35 per share. This would mark year-over-year growth of 8.98%. Alongside, our most recent consensus estimate is anticipating revenue of $16.87 billion, indicating a 11.08% upward movement from the same quarter last year.
Looking at the full year, the Zacks Consensus Estimates suggest analysts are expecting earnings of $67.92 per share and revenue of $71.46 billion. These totals would mark changes of +32.35% and +22.62%, respectively, from last year.
Additionally, investors should keep an eye on any recent revisions to analyst forecasts for Goldman Sachs. These latest adjustments often mirror the shifting dynamics of short-term business patterns. As such, positive estimate revisions reflect analyst optimism about the business and profitability.
Our research suggests that these changes in estimates have a direct relationship with upcoming stock price performance. To take advantage of this, we've established the Zacks Rank, an exclusive model that considers these estimated changes and delivers an operational rating system.
Ranging from #1 (Strong Buy) to #5 (Strong Sell), the Zacks Rank system has a proven, outside-audited track record of outperformance, with #1 stocks returning an average of +25% annually since 1988. Within the past 30 days, our consensus EPS projection has moved 1.41% lower. Goldman Sachs is currently a Zacks Rank #3 (Hold).
Looking at valuation, Goldman Sachs is presently trading at a Forward P/E ratio of 13.21. This expresses a premium compared to the average Forward P/E of 13.14 of its industry.
We can additionally observe that GS currently boasts a PEG ratio of 0.98. This popular metric is similar to the widely-known P/E ratio, with the difference being that the PEG ratio also takes into account the company's expected earnings growth rate. Financial - Investment Bank stocks are, on average, holding a PEG ratio of 0.89 based on yesterday's closing prices.
The Financial - Investment Bank industry is part of the Finance sector. At present, this industry carries a Zacks Industry Rank of 43, placing it within the top 18% of over 250 industries.
The strength of our individual industry groups is measured by the Zacks Industry Rank, which is calculated based on the average Zacks Rank of the individual stocks within these groups. Our research shows that the top 50% rated industries outperform the bottom half by a factor of 2 to 1.
Don't forget to use Zacks.com to keep track of all these stock-moving metrics, and others, in the upcoming trading sessions.
View the Zacks #1 Rank List
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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 $887.21, demonstrating a -1.11% change from the preceding day's closing price. The stock's change was less than the S&P 500's daily loss of 0.22%. Elsewhere, the Dow saw a downswing of 0.66%, while the tech-heavy Nasdaq depreciated by 0.22%.
Prior to today's trading, shares of the investment bank had lost 13.44% lagged the Finance sector's loss of 4.09% and the S&P 500's gain of 1.4%.
The investment community will be paying close attention to the earnings performance of Goldman Sachs in its upcoming release. The company is slated to reveal its earnings on October 13, 2026. In that report, analysts expect Goldman Sachs to post earnings of $13.35 per share. This would mark year-over-year growth of 8.98%. Alongside, our most recent consensus estimate is anticipating revenue of $16.87 billion, indicating a 11.08% upward movement from the same quarter last year.
Looking at the full year, the Zacks Consensus Estimates suggest analysts are expecting earnings of $67.92 per share and revenue of $71.46 billion. These totals would mark changes of +32.35% and +22.62%, respectively, from last year.
Additionally, investors should keep an eye on any recent revisions to analyst forecasts for Goldman Sachs. These latest adjustments often mirror the shifting dynamics of short-term business patterns. As such, positive estimate revisions reflect analyst optimism about the business and profitability.
Our research suggests that these changes in estimates have a direct relationship with upcoming stock price performance. To take advantage of this, we've established the Zacks Rank, an exclusive model that considers these estimated changes and delivers an operational rating system.
Ranging from #1 (Strong Buy) to #5 (Strong Sell), the Zacks Rank system has a proven, outside-audited track record of outperformance, with #1 stocks returning an average of +25% annually since 1988. Within the past 30 days, our consensus EPS projection has moved 1.41% lower. Goldman Sachs is currently a Zacks Rank #3 (Hold).
Looking at valuation, Goldman Sachs is presently trading at a Forward P/E ratio of 13.21. This expresses a premium compared to the average Forward P/E of 13.14 of its industry.
We can additionally observe that GS currently boasts a PEG ratio of 0.98. This popular metric is similar to the widely-known P/E ratio, with the difference being that the PEG ratio also takes into account the company's expected earnings growth rate. Financial - Investment Bank stocks are, on average, holding a PEG ratio of 0.89 based on yesterday's closing prices.
The Financial - Investment Bank industry is part of the Finance sector. At present, this industry carries a Zacks Industry Rank of 43, placing it within the top 18% of over 250 industries.
The strength of our individual industry groups is measured by the Zacks Industry Rank, which is calculated based on the average Zacks Rank of the individual stocks within these groups. Our research shows that the top 50% rated industries outperform the bottom half by a factor of 2 to 1.
Don't forget to use Zacks.com to keep track of all these stock-moving metrics, and others, in the upcoming trading sessions.