GSThe Goldman Sachs Group, Inc.
Goldman Sachs Group, Inc. (GS) is a global leader in capital markets, offering investment banking, securities underwriting, asset management, and trading services. The next catalyst is Nov 6, 2026 — Q3 2026 Earnings Release, which will test the firm’s ability to navigate a slowing economic environment and sustain fee income amid rising interest rates.
- Net income for the period ending 2026-06-30 was $20.08B, with diluted EPS of $20.98.
- Free cash flow (TTM) was -$122.21B, reflecting the firm’s heavy reliance on debt financing.
- Debt-to-equity ratio stands at 2.45x, highlighting its leveraged capital structure.
The schedule
- Fri6Nov
This event is the Q3 2026 earnings release for Goldman Sachs, which will provide insights into the company's financial performance and its outlook for capital returns and macroeconomic conditions. The report is expected to influence investor sentiment and market direction, making it a key date for traders and investors. The earnings release will be followed by a period of market reaction, with historical data indicating a median price movement of +6.99% and a potential drawdown of -3.26% over the next 38 days.
- Tue9Feb
This event is the Q4 2026 earnings release for Goldman Sachs, which will provide updated guidance for the 2027 fiscal year along with the company's macroeconomic outlook. The report is expected to have a significant impact on investor sentiment and market direction, making it a crucial date for traders and investors. Following the earnings release, the market is likely to react with historical data suggesting a median price movement of +6.99% and a potential drawdown of -3.26% over the next 38 days.
- Fri30Apr
This event is the Q1 2027 earnings release for Goldman Sachs, which will provide updated guidance for the 2027 fiscal year along with the company's macroeconomic outlook. The report is expected to have a significant impact on investor sentiment and market direction, making it a crucial date for traders and investors. Following the earnings release, the market is likely to react with historical data suggesting a median price movement of +6.99% and a potential drawdown of -3.26% over the next 38 days.
- Fri30Jul
This event is the Q2 2027 earnings release for Goldman Sachs, which will provide updated guidance for the 2027 fiscal year along with the company's macroeconomic outlook. The report is expected to have a significant impact on investor sentiment and market direction, making it a crucial date for traders and investors. Following the earnings release, the market is likely to react with historical data suggesting a median price movement of +6.99% and a potential drawdown of -3.26% over the next 38 days.
Past
- Wed16Sep
Actual outcome: Bear · $949.69 at outcome
Price reached or fell below bear floor ($940.00) at outcome date.
Price reached or fell below bear floor ($940.00) at outcome date.
- Tue15Sep
Actual outcome: Bear · $916.67 at outcome
Stock rose 14.1% from event to outcome date, aligning with the bear trajectory.
Stock rose 14.1% from event to outcome date, aligning with the bear trajectory.
- Fri31Jul
Actual outcome: Bull · $1,039.42 at outcome
Price reached or exceeded bull target ($1045.00) at outcome date.
Price reached or exceeded bull target ($1045.00) at outcome date.
- Thu25Jun
Actual outcome: Bull · $1,011.37 at outcome
Goldman Sachs successfully passed the Federal Reserve's annual stress test and subsequently announced a dividend increase, alongside meeting EPS estimates exactly. The bank also highlighted strong investment banking performance, advising on over $1 trillion in M&A deals by mid-2026. Although shares initially dipped by the outcome date, the combination of increased capital returns and record-setting advisory activity ultimately drove the stock to exceed the bull target.
Goldman Sachs successfully passed the Federal Reserve's annual stress test and subsequently announced a dividend increase, alongside meeting EPS estimates exactly. The bank also highlighted strong investment banking performance, advising on over $1 trillion in M&A deals by mid-2026. Although shares initially dipped by the outcome date, the combination of increased capital returns and record-setting advisory activity ultimately drove the stock to exceed the bull target.
- Thu25Jun
Actual outcome: Bull · $1,042.98 at outcome
Price reached or exceeded bull target ($950.00) at outcome date.
Price reached or exceeded bull target ($950.00) at outcome date.
- Tue10Mar
Actual outcome: Bull · $907.80 at outcome
Goldman Sachs shares surged past the bull target as the market looked past the lost M&A mandate to focus on a flurry of strategic deal-making by Goldman Sachs Alternatives, including investments in Mace Consult, Schellman, and Sage. The stock's resilience was further bolstered by the launch of a new institutional product for hedging corporate loans and the firm's maintained robust capital ratios, which outweighed concerns regarding advisory market share volatility.
Goldman Sachs shares surged past the bull target as the market looked past the lost M&A mandate to focus on a flurry of strategic deal-making by Goldman Sachs Alternatives, including investments in Mace Consult, Schellman, and Sage. The stock's resilience was further bolstered by the launch of a new institutional product for hedging corporate loans and the firm's maintained robust capital ratios, which outweighed concerns regarding advisory market share volatility.
- Thu29Jan
Actual outcome: Bear · $835.46 at outcome
The bearish drift materialized, driving the stock significantly below the $925 bear floor to $901.23. Despite positive operational developments, including a 10% boost in bonus pools and a high-profile AI partnership with Anthropic aimed at automating core banking tasks, the persistent selling pressure cited in the catalyst context successfully capped momentum. This sustained headwind prevented any post-earnings rally and confirmed the bearish signal that a price peak had been reached.
The bearish drift materialized, driving the stock significantly below the $925 bear floor to $901.23. Despite positive operational developments, including a 10% boost in bonus pools and a high-profile AI partnership with Anthropic aimed at automating core banking tasks, the persistent selling pressure cited in the catalyst context successfully capped momentum. This sustained headwind prevented any post-earnings rally and confirmed the bearish signal that a price peak had been reached.
- Thu15Jan
Actual outcome: Bear · $859.57 at outcome
Goldman Sachs reported Q4 2025 EPS of $14.21, exactly meeting consensus estimates. Without a definitive earnings beat to drive further upside, the stock fell 4.8% over the following weeks as investors digested the in-line results and likely weighed forward guidance.
Goldman Sachs reported Q4 2025 EPS of $14.21, exactly meeting consensus estimates. Without a definitive earnings beat to drive further upside, the stock fell 4.8% over the following weeks as investors digested the in-line results and likely weighed forward guidance.
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