Goldman Sachs Stock Holds Above $1,030 as Record Q2 Earnings Boost Outlook

Goldman Sachs (US38141G1040) stock has remained above $1,030 in late August 2026 following record second-quarter earnings. The firm reported revenue of $20.34 billion, a 39% increase from the same period last year.

The Global Banking and Markets division was a major contributor to this growth, generating $15.52 billion in revenue in Q2 2026, a 53% increase year-over-year. This segment's strong performance helped boost the firm's profitability, with a return on equity of 23.5%.

Goldman Sachs also continued to expand its asset and wealth management franchise, attracting long-term net inflows of $91 billion in Q2 2026. Assets under supervision reached $4.04 trillion by the end of the quarter, providing a stable source of recurring fee income.