Goldman Sachs stock faces a succession test before Q3 earnings

Published on 09/30/2026 at 14:05 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

Goldman Sachs stock was at EUR 806.40 on September 30, 2026, while second-quarter EPS reached USD 20.98. Revenue hit USD 20.34 billion, and Q3 results are due October 13.

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Goldman Sachs stock (ISIN US38141G1040) was trading at EUR 806.40 at Lang & Schwarz on September 30, 2026, at 2:01 p.m. CEST, down 0.06 percent versus the prior close of EUR 806.90. The immediate catalyst is a reported succession discussion involving President and Chief Operating Officer John Waldron.

As Reuters reported on September 29, 2026, Goldman Sachs directors discussed a plan that could put Waldron in the CEO role as early as 2027 or 2028, while David Solomon could become executive chairman. Goldman communications chief Tony Fratto said the timing remains speculative, making the issue relevant but not yet a confirmed leadership change.

Succession meets strong earnings

The leadership debate arrives after a powerful second quarter. Goldman Sachs reported diluted earnings per share of USD 20.98 and annualized return on common equity of 23.50 percent for the quarter ended June 30, 2026, according to the Goldman Sachs investor-relations page dated July 14, 2026.

MarketBeat reported that second-quarter revenue reached USD 20.34 billion, up 39.40 percent year over year, while EPS exceeded the USD 14.47 consensus estimate by USD 6.51. That earnings cushion gives investors a concrete benchmark as attention shifts toward leadership continuity.

Analyst target moves higher

HSBC raised its Goldman Sachs price target from USD 995.00 to USD 1,007.00 on September 28, 2026, while maintaining a Hold rating, according to MarketBeat. The same report cited a consensus target of USD 1,060.10 and an average Hold rating based on 10 Buy, 13 Hold and 1 Sell recommendation.

Q3 date sets the next checkpoint

Goldman Sachs is scheduled to report third-quarter results before the market opens on October 13, 2026, according to ScanX. Consensus calls for EPS of USD 15.39 and revenue of USD 17.42 billion, compared with USD 12.25 EPS and USD 15.18 billion revenue in the year-ago quarter.

Euro quote and valuation

The Lang & Schwarz quote stood at EUR 806.40 on September 30, 2026, at 2:01 p.m. CEST, minus 0.06 percent against the EUR 806.90 prior close. The primary listing is on the NYSE in USD; the 52-week range was USD 740.01 to USD 1,153.99 and market capitalization was USD 270.3 billion as of September 29, 2026.