HSBC raises target for Goldman Sachs stock to USD 1,007

Published on 10/05/2026 at 12:37 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

Goldman Sachs earned USD 20.98 per share in the second quarter. Goldman Sachs stock costs EUR 806.30 on October 5, 2026 versus EUR 802.40.

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HSBC kept a Hold rating on Goldman Sachs and raised its price target from USD 995.00 to USD 1,007.00 in an analyst note dated September 28, 2026, according to aktiencheck.de. The unchanged rating and higher target put the bank's valuation against a backdrop of more cautious expectations for capital-markets earnings and higher costs.

HSBC raises the target

The USD 12.00 increase equals 1.21 percent versus the previous target. HSBC also pointed to rising global yields and renewed fiscal concerns as factors shaping sentiment toward banks, according to the same September 28, 2026 analysis from aktiencheck.de.

Second-quarter numbers set a high bar

Goldman Sachs reported USD 20.34 billion in net revenue for the second quarter of 2026, up 39.50 percent from the same period a year earlier. Diluted earnings per share reached USD 20.98, while net earnings totaled USD 6.40 billion, according to the company's investor-relations release dated July 14, 2026, and its standardized quarterly figures.

The official release also reported an annualized return on common equity of 23.50 percent for the second quarter of 2026. The revenue growth and earnings figure were reported by Yahoo Finance, which said the quarter exceeded consensus expectations for earnings per share and revenue.

Results date meets a lower quote

Goldman Sachs is scheduled to release third-quarter 2026 results on October 13, 2026, according to Investing.com. The upcoming report will test whether the second quarter's 39.50 percent revenue growth can be sustained as management has highlighted softer fixed-income trading and higher costs.

On the primary exchange, Goldman Sachs had a USD 266.3 billion market capitalization and a USD 740.01 to USD 1,153.99 52-week range as of October 2, 2026. The reference euro quote sits 30.12 percent below the upper end of that range only as a cross-market observation is not calculated because the currencies differ.

Goldman Sachs stock at Lang and Schwarz

Goldman Sachs stock was trading at EUR 806.30 at Lang & Schwarz on October 5, 2026, at 12:32 p.m. CEST, plus 0.49 percent versus the prior close of EUR 802.40 on October 2, 2026. The next course of trading is shown by the continuously updated real-time quote of Goldman Sachs stock.