Goldman Sachs Stock Trades Below High Ahead of Earnings Report

Goldman Sachs stock (ISIN US38141G1040) closed at USD 897.15 on the NYSE on October 5, 2026, down 0.60 percent from the previous day. Investors are now looking ahead to the bank's third-quarter earnings report, scheduled for October 13, 2026.

The upcoming earnings release comes after a strong second quarter, where Goldman Sachs reported diluted earnings per common share of USD 20.98 and an annualized return on common equity of 23.5 percent. The bank's Q2 revenue was USD 20.34 billion, with a net income of USD 6.63 billion, according to Yahoo Finance. The earnings per share exceeded the consensus estimate by USD 6.51, marking a 45.0 percent surprise.

Analysts have mixed views on the stock. The consensus rating is Neutral, with 7 Buy ratings, 16 Hold ratings, and 2 Sell ratings. The average 12-month price target is USD 1,116.75, with a high target of USD 1,300 and a low target of USD 730. This puts the average target 24.6 percent above the current share price.

UBS analyst Erika Najarian maintained a Hold rating with a price target of USD 1,010, as reported by Markets Insider. The stock's current price of USD 897.15 is 22.3 percent below its 52-week high of USD 1,153.99, with a market capitalization of USD 264.7 billion.