Goldman Sachs (GS) stock was down on Monday after the financial company reported its Q1 2026 earnings this morning. The report started with diluted earnings per share of $17.55, which was above Wall Street’s estimate of $16.47. It also was 24.29% higher than the $14.12 per share reported in the first quarter of 2025.
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Goldman Sachs also reported revenue of $17.23 billion during the quarter, which was better than the $16.99 billion that analysts expected for the quarter. Additionally, it represented revenue growth of 14.4% from the $15.06 billion reported in Q1 2025. The company’s revenue increase was due to year-over-year gains from its Global Banking & Markets segment.
Goldman Sachs stock was down 3.65% in pre-market trading on Monday, following a 0.45% jump on Friday. The stock has also rallied 3.82% year-to-date and 80.13% over the past 12 months.
Goldman Sachs Guidance 2026
Goldman Sachs didn’t provide formal guidance in its latest earnings report. Even so, David Solomon, Chairman and CEO of the company, did comment on its performance and future. He said, “Goldman Sachs delivered very strong performance for our shareholders this quarter, even as market conditions became more volatile. Our clients continue to depend on us for high quality execution and insights amid the broader uncertainty, and we remain confident in how we’ve positioned our businesses. The geopolitical landscape remains very complex – so disciplined risk management must remain core to how we operate.”
Shareholders who want more info about the Goldman Sachs earnings report and guidance will want to check out its earnings call this morning. The call is scheduled to start at 9:30 a.m. ET and will be open to the public.
Is Goldman Sachs Stock a Buy, Sell, or Hold?
Turning to Wall Street, the analysts’ consensus rating for Goldman Sachs is Moderate Buy, based on five Buy, five Hold, and a single Sell rating over the past three months. With that comes an average GS stock price target of $975.73, representing a potential 7.48% upside for the shares. These ratings and price targets will likely change as analysts update their coverage after today’s earnings report.
