Goldman Sachs stock: JPMorgan raises target to USD 970

Published on 10/20/2026 at 15:32 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

The new target is USD 970, up from USD 955 on October 16, 2026. Goldman Sachs stock costs EUR 776.30 on October 20, 2026 at 3:30 p.m. CEST.

JPMorgan target raised to USD 970

JPMorgan lifted its Goldman Sachs target from USD 955 to USD 970 on October 16, 2026.
An extraordinary shareholder meeting is scheduled for October 20, 2026.
Goldman Sachs stock costs EUR 776.30 at Lang & Schwarz on October 20, 2026 at 3:30 p.m. CEST.

Dokumentarische Schwarzweiß-Aufnahme eines belebten Bankenhandelsraums mit Bildschirmen — Schwarzweiß-Reportagefoto zeigt Handelsraum für The Goldman Sachs Group Inc., Aktie US38141G1040, New York City, Illustration mit AI erstellt.

JPMorgan raised its Goldman Sachs target from USD 955 to USD 970 on October 16, 2026, while maintaining a neutral rating, according to Benzinga. The new target stands 10.96 percent above the USD 874.21 share price quoted on the NYSE at 9:31 a.m. ET on October 20, 2026. Goldman Sachs stock was trading at EUR 776.30 at Lang & Schwarz on October 20, 2026 at 3:30 p.m. CEST.

Shareholder meeting adds a date

An extraordinary shareholder meeting is scheduled for October 20, 2026, according to Boerse Frankfurt. The date gives investors a near-term corporate event alongside the latest analyst revision. The meeting is not a replacement for operating results, but it can add detail on shareholder matters after the third-quarter reporting cycle.

Stock remains below its yearly high

On the NYSE, Goldman Sachs was last at USD 874.21 at 9:31 a.m. ET on October 20, 2026. The session range was USD 868.92 to USD 875.12, with volume of 50,192 shares at that time. The 52-week range extended from USD 743.11 to USD 1,153.99, placing the latest US quote 24.27 percent below the high and 17.64 percent above the low.

Valuation and the next event

The company carried a trailing price-to-earnings ratio of 12.59 and a dividend yield of 0.02 percent on October 20, 2026. Its market capitalization stood at USD 254.5 billion on the same date. The next dated corporate event identified for investors is the extraordinary shareholder meeting on October 20, 2026.

Peers provide a financial-sector yardstick

Goldman Sachs: down 0.18 percent, P/E 12.59, market capitalization USD 254.5 billion. JPMorgan Chase: up 0.12 percent, P/E 13.99, market capitalization USD 887.6 billion. Morgan Stanley: up 0.05 percent, P/E 14.27, market capitalization USD 281.6 billion. The comparison places Goldman Sachs below both peers on the reported P/E measure, while its market value is smaller than those of JPMorgan Chase and Morgan Stanley.

Target revision keeps valuation in view

JPMorgan's move from USD 955 to USD 970 leaves its neutral rating unchanged, but the revised target is 10.96 percent above the latest NYSE price. That gap is the clearest numerical link between the analyst update and the current valuation picture.

Goldman Sachs price at Lang & Schwarz

Goldman Sachs was trading at EUR 776.30 at Lang & Schwarz on October 20, 2026 at 3:30 p.m. CEST. The latest NYSE quote was USD 874.21 at 9:31 a.m. ET on the same date, providing a separate home-market reference.

The further course of trading is shown by the continuously updated real-time quote of Goldman Sachs stock.