GS · News · 20261022N

Quarterly Earnings Performance

GOLDMAN SACHS GROUP INC · 2026-10-22 · Importance 34 · Surprise 30 · In source text

Goldman Sachs reported EPS of $17.01, exceeding analyst estimates. Revenue increased 23% year over year in the latest reported period. The earnings performance was cited as a factor supporting positive investor sentiment toward Goldman Sachs.

Key facts

• GS Finance Corp. is offering $29,381,000 Autocallable Contingent Coupon Underlier-Linked Notes due 2029, guaranteed by The Goldman Sachs Group, Inc., with potential monthly coupons of $8.834 if all underliers are above 75% of their initial level and automatic call if all underliers are at or above their initial levels. source
• Axxcess Wealth Management LLC reduced its stake in The Goldman Sachs Group, Inc. by 58.4% in the third quarter, selling 7,744 shares and retaining 5,506 shares valued at approximately $4.96 million. source
• Goldman Sachs reported earnings with EPS of $17.01 and revenue rising 23% year over year (as cited in the MarketBeat article referencing Goldman Sachs' reported strong earnings). source
• Goldman Sachs awarded $650,000 collectively to tech-savvy finalists in its company-wide philanthropic competition (the Analyst Impact Fund) as part of its 11th event, and over 1,000 analysts competed. source
• Crossmark Global Holdings Inc. purchased an additional 5,172 shares of The Goldman Sachs Group Inc., bringing its total holdings to 20,228 shares valued at over $18 million. source
• Goldman Sachs has reduced its target price for Hua Hong Semiconductor's H-shares from HK$335 to HK$289, a 13.7% cut, while reiterating a "Buy" rating. source
• The average 12-month price target for Goldman Sachs Group, Inc. was cut slightly from $1,069.33 to $1,062.8 by 20 analysts, implying 17% upside from its Oct. 21 closing price with a consensus rating of "Buy" among 28 covering analysts. source

Impact estimates