Goldman Sachs stock: BMO cuts target for Goldman Sachs stock to USD 950.00
Published on 10/21/2026 at 15:58 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWSAnalyst target and earnings
- BMO Capital lowered its Goldman Sachs target from USD 970.00 to USD 950.00 on October 19, 2026.
- Third-quarter revenue reached USD 18.68 billion on October 13, 2026, up 23.00 percent year over year.
- Goldman Sachs stock costs EUR 795.00 at Lang & Schwarz on October 21, 2026 at 3:41 p.m. CEST.
Goldman Sachs (ISIN US38141G1040) faces a lower analyst target after MarketBeat reported on October 19, 2026 that BMO Capital cut its target from USD 970.00 to USD 950.00 while maintaining a Market Perform rating. The Goldman Sachs stock price was EUR 795.00 at Lang & Schwarz on October 21, 2026 at 3:41 p.m. CEST.
BMO trims the target to USD 950.00
The BMO change is the most recent analyst action in the available October coverage. The revised USD 950.00 target stands 7.37 percent above the USD 884.81 NYSE price shown at 4:30 a.m. ET on October 21, 2026. The target and the euro quotation use different markets and currencies, so they are separate reference points.
Third-quarter revenue reached USD 18.68 billion
Goldman Sachs reported on October 13, 2026 that third-quarter 2026 net revenue was USD 18.68 billion and net earnings were USD 5.29 billion. Revenue increased 23.00 percent from the third quarter of 2025, while diluted earnings per share rose to USD 17.01 from USD 12.25.
Returns and valuation remain central
The company reported an annualized return on average common shareholders' equity of 18.70 percent for the third quarter of 2026. Its third-quarter net margin was 28.33 percent, calculated from USD 5.29 billion of net earnings and USD 18.68 billion of revenue. Market capitalization stood at USD 260.8 billion, with a price-earnings ratio of 12.88 and a 52-week range of USD 740.01 to USD 1,153.99.
What the target says about valuation
BMO's USD 950.00 target is below the recent analyst average of USD 1,051.23 reported by MarketBeat on October 16, 2026. That spread places the BMO view below the broader target range even as Goldman Sachs delivered higher third-quarter revenue and earnings than the prior-year period.
Goldman Sachs stock stays tied to two currencies
The euro quotation is the relevant price for investors following the German trading indication, while the company's primary listing is on the NYSE under ticker GS. Goldman Sachs operates across investment banking, global markets, asset management and consumer and wealth management.
Goldman Sachs stock was trading at EUR 795.00 at Lang & Schwarz on October 21, 2026 at 3:41 p.m. CEST.
The further course of trading is shown by the continuously updated real-time quote of Goldman Sachs stock.
Goldman Sachs stock at a glance
- Company: The Goldman Sachs Group, Inc.
- ISIN: US38141G1040
- Ticker: GS
- Primary exchange: NYSE
- Price Lang & Schwarz (as of October 21, 2026, 3:41 p.m. CEST): EUR 795.00
- Market capitalization: USD 260.8 billion (as of October 16, 2026)
- 52-week range: USD 740.01-1,153.99 (as of October 16, 2026)
- Sector / Industry: Financial Services / Financial - Capital Markets
Market context: Market report S&P 500.
