These Analysts Lower Their Forecasts On Goldman Sachs After Q3 Results

The Goldman Sachs Group, Inc (NYSE:GS) on Tuesday reported upbeat earnings for the third quarter.

The company posted quarterly earnings of $17.01 per share which beat the analyst consensus estimate of $13.08 per share. The company reported quarterly sales of $18.679 billion which beat the analyst consensus estimate of $16.705 billion.

Goldman Sachs’ Board of Directors declared a quarterly dividend of $5 per common share on Oct. 12, 2026, payable on Dec. 30 to shareholders of record as of Dec. 2, 2026.

Goldman Sachs shares fell 2.2% to trade at $872.79 on Wednesday.

These analysts made changes to their price targets on Goldman Sachs following earnings announcement.

• RBC Capital analyst Gerard Cassidy maintained the stock with a Sector Perform and lowered the price target from $1220 to $1010.
• Keefe, Bruyette & Woods analyst Christopher McGratty maintained the stock with a Market Perform and lowered the price target from $1130 to $1100.

Considering buying GS stock? Here’s what analysts think:

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