HSBC raises target for Goldman Sachs stock from USD 995 to USD 1,007
Published on 10/06/2026 at 17:11 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS
HSBC raised its price target for Goldman Sachs stock from USD 995.00 to USD 1,007.00 while retaining a Hold rating, according to Aktiencheck on September 28, 2026. The update places valuation and the approaching third-quarter report at the center of the bank stock story.
HSBC target rises to USD 1,007
HSBC's revised target is USD 12.00 above its previous USD 995.00 level, a 1.21 percent increase calculated against the former target. The Hold rating remained unchanged, while the report cited more demanding comparisons in capital-markets activity and higher costs as factors that could slow sector earnings growth.
The target remains below the broader analyst average of USD 1,116.75, which Investing.com listed alongside 25 analyst ratings on October 5, 2026. That average is USD 109.75 above HSBC's revised target, showing a wider range of views even as the consensus rating was Neutral.
Second-quarter earnings set a high bar
Goldman Sachs reported USD 20.98 earnings per share and USD 20.34 billion in revenue for the second quarter of 2026, according to Goldman Sachs on July 14, 2026. MarketBeat said those figures compared with consensus of USD 14.47 per share and USD 16.22 billion in revenue, making the earnings figure USD 6.51 above expectations and revenue USD 4.12 billion higher than the comparison estimate.
The second-quarter revenue was also 39.40 percent above the prior-year quarter, according to MarketBeat. The strong comparison raises the hurdle for the next report, particularly because current estimates imply USD 13.87 earnings per share and USD 17.02 billion in revenue for the third quarter.
October 13 report sets the next test
Goldman Sachs is scheduled to report third-quarter 2026 results before the US market opens on October 13, 2026, according to MarketBeat. The call is scheduled for 9:30 a.m. ET, giving investors a defined date for testing whether capital-markets momentum can match the second-quarter performance.
On October 6, 2026, the primary NYSE quote stood at USD 898.01 at 11:10 a.m. ET, up USD 4.55 or 0.51 percent from the USD 893.46 prior close. The same quote showed a USD 264.9 billion market capitalization and a USD 740.01 to USD 1,153.99 52-week range.
Goldman Sachs stock facts
- Company: The Goldman Sachs Group, Inc.
- ISIN: US38141G1040
- Ticker: GS
- Primary exchange: NYSE
- Market capitalization: USD 264.9 billion (as of October 6, 2026)
- 52-week range: USD 740.01-1,153.99 (as of October 6, 2026)
- Sector / Industry: Financial Services / Financial - Capital Markets
