Goldman Sachs stock reacts as JPMorgan cuts rating but lifts target

Published on 09/11/2026 at 14:14 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

Goldman Sachs stock traded near USD 1,019.33 on September 10, 2026, less than 4 percent below a 52-week high of USD 1,153.99. JPMorgan shifted its view to Neutral while raising its price target to USD 750.00, highlighting valuation concerns after a strong run.

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Goldman Sachs stock (ISIN US38141G1040) was recently quoted at about USD 1,019.33 on the New York Stock Exchange as of September 10, 2026, leaving the shares below a 52-week high of USD 1,153.99 but well above a 52-week low of USD 740.01 and valuing the group at roughly USD 296.80 billion.

JPMorgan adjusts rating and target

According to etnet on September 11, 2026, JPMorgan lowered its rating on Goldman Sachs shares from Overweight to Neutral while simultaneously lifting its price target from USD 625.00 to USD 750.00, arguing that the stock's strong recent performance has pushed the valuation to a more balanced level.

The JPMorgan report cited robust market-share gains in sales and trading and a solid performance in the global banking and markets division, but noted that the bank currently prefers cheaper European investment banks such as Barclays and Deutsche Bank when comparing valuations across the sector, according to etnet.

Consensus still points to moderate upside

Per MarketBeat data retrieved on September 11, 2026, Goldman Sachs stock carries an average analyst rating of Moderate Buy, based on 2 Strong Buy ratings, 10 Buy ratings, 11 Hold ratings and 1 Sell rating, with a consensus price target of USD 1,062.86 that stands modestly above the current trading level.

According to MarketBeat, Goldman Sachs shares traded at USD 878.28 on January 1, 2026 and have since risen to around USD 1,019.33, an increase of about 16.0 percent, while the price-to-earnings ratio is approximately 15.73 and the dividend yield is about 1.96 percent, underscoring how the stock's rerating has tightened the gap to the consensus target.

Stock trades near the upper end of its range

Market data compiled by MarketBeat on September 11, 2026 show that Goldman Sachs stock changed hands between USD 1,011.68 and USD 1,027.23 in the latest trading session, with a 52-week range of USD 740.01 to USD 1,153.99 and a trading volume of about 535,514 shares compared with an average volume of 2.19 million shares.

With the latest quote around USD 1,019.33, Goldman Sachs stock trades roughly 37.8 percent above its 52-week low of USD 740.01 and about 11.7 percent below its 52-week high of USD 1,153.99 as of early September 2026, a position that helps explain why some analysts see limited short-term upside even as consensus targets still sit slightly above the current price level.

Goldman Sachs stock price snapshot

As of the close of trading on the New York Stock Exchange on September 10, 2026, Goldman Sachs stock was quoted at approximately USD 1,019.33, with intraday data indicating a move of about minus 0.92% from the prior close and a market capitalization of roughly USD 296.80 billion in US dollars.