Neutral
Goldman Sachs' Q2 2026 earnings beat expectations; stock remains near record highs.
Goldman Sachs reported strong Q2 2026 earnings, with earnings per share of $20.98 and revenue of $20.34 billion, surpassing analyst expectations. Despite this, the stock remains near record highs, with a consensus 'Hold' rating and an average price target of $978.
Key points
- Goldman Sachs' Q2 2026 earnings per share of $20.98 and revenue of $20.34 billion exceeded analyst expectations.
- The stock remains near record highs, with a consensus 'Hold' rating and an average price target of $978.
- Assetmark Inc. reduced its stake in Goldman Sachs by 3.5% in Q1 2026, selling 1,201 shares.
- Goldman Sachs filed an 8-K report on July 27, 2026, announcing the creation of a new 6.500% Fixed-Rate Reset Non-Cumulative Preferred Stock, Series AA.
Sources
- Goldman Sachs (GS) Q2 2026 (USD): EPS 20.98 (exp. 14.47), Revenue 20.34bln (exp. 16.20bln), Provision for credit losses 102mln (exp. 204.9mln); Raises quarterly dividend to 5/shr in Q3 (prev. 4.50)Newsquawk · July 14, 2026
- Goldman Sachs Stock Price ($1,020) Sits Near Record Highs on a $1T Dealmaking Boom, but Oppenheimer Downgrades and the Consensus Target Is $978TradingNews · July 6, 2026
- Assetmark Inc. Decreases Stake in The Goldman Sachs Group, Inc. $GSMarketBeat · July 19, 2026
- GS 8-K: Shareholder Matters & Corporate Changes — Jul 27, 2026AnalystLens · July 27, 2026
AI-generated from public news sources. Not financial advice.