The Goldman Sachs Group, Inc. (GS) earnings on July 14, 2026

Before the market opens Q2 2026

More The Goldman Sachs Group, Inc. earnings

Prior outlook: Pessimistic Outcome: Missed

The stock surged dramatically in an intraday rally that reached +9.36% and closed at +9.00%, a sharp upside surprise that caught many investors off guard.

GS price around the earnings

1140.00

Change: +9.0%

2026-07-14, 20:00 UTC

Start of the measured window End of the measured window
1043.12 1076.44 1109.77 1143.09 1045.91
Price series around the eventClosing price per minute from before the event to the end of the measured window.
July 14, 2026
  • Price: green if it ends above the starting price; red if it ends below
  • Start of the measured window
  • End of the measured window
  • Market open
  • Starting price
Price series around the event

Prior thesis

Prior outlook: Pessimistic Outcome: Missed

Thesis published

Strong past earnings beats contrast with analyst downside and a recent volatile pullback into earnings.

Context analyzed before publication

Trend
Volatile trajectory with a recent significant pullback, suggesting after a strong recent drop conditions into earnings.

Analysts

Evidence

Analyst consensus
Hold
Consensus average (1-5)
2.68
Analysts covering the stock
20
Average price target
1,019.2
Lowest price target
730
Highest price target
1,202
Upside to price target
-2.6%
Quarterly earnings growth
18.8%
Revenue growth
14.5%
Forward EPS
67.1
Trailing EPS
54.7
Analyst moves in the last 60 days
8
  • Strong buy: 1
  • Buy: 6
  • Hold: 15
  • Sell: 2
  • Strong sell: 1
Strong buy
1
Buy
6
Hold
15
Sell
2
Strong sell
1
  • July 7, 2026 · B of A Securities: Maintains rating (Buy → Buy)
  • July 7, 2026 · UBS: Maintains rating (Neutral → Neutral)
  • July 6, 2026 · Evercore ISI Group: Maintains rating (Outperform → Outperform)
  • June 30, 2026 · Oppenheimer: Downgrades rating (Perform → Underperform)
  • June 29, 2026 · Morgan Stanley: Maintains rating (Equal-Weight → Equal-Weight)
  • June 24, 2026 · Wells Fargo: Maintains rating (Overweight → Overweight)
  • June 23, 2026 · Citigroup: Maintains rating (Neutral → Neutral)
  • June 12, 2026 · JP Morgan: Maintains rating (Neutral → Neutral)

News and sentiment

Evidence

Sentiment
Sentiment
Constructive
Mention volume
Low
Normalized volume
33%
News
Sources (3)
  • Bitcoin Adoption by Major Banks 'Accelerating, But Still Early,' Says Michael Saylor as New Index Ranks JPMorgan, Goldman Sachs, and Others — Benzinga
  • JPMorgan, Goldman Sachs And 3 Stocks To Watch Heading Into Tuesday — Benzinga
  • Bank Earnings Week: Goldman, JPMorgan, Citi, BofA, Morgan Stanley Set to Deliver a Profit Bonanza — Benzinga

Technicals

Evidence

Average true range (ATR)
2.6%
Distance to 52-week high
-5.5%
14-day change (14d)
-5.4%
30-day change (30d)
+3.7%
30-day relative strength
+3.7%
Benchmark change (0d)
+0.0%
Nearest support
1,043.12
Nearest resistance
1,048.24
Volume accumulation ratio (14d / 46d)
0.93

Trends

Evidence

Average earnings surprise
+12.8%
  • April 13, 2026: actual EPS 17.55 vs estimate 16.24 (surprise +8.1%)
  • January 15, 2026: actual EPS 14.01 vs estimate 11.76 (surprise +19.1%)
  • October 14, 2025: actual EPS 12.25 vs estimate 11.09 (surprise +10.5%)
  • July 16, 2025: actual EPS 10.91 vs estimate 9.62 (surprise +13.4%)

Expected move

There is no implied-move data available for this event.

Reactions over its last 19 earnings

Median move
2.1%
75th percentile move
3.4%
90th percentile move
6.1%
Up / down moves
11 / 8
Average up move
+2.7%
Average down move
-2.6%

Monitoring and close

What The Goldman Sachs Group, Inc. reported

There is no monitoring data available for this event.

Pre-market second reading after the results

There is no second reading available for this event.

How the stock reacted

Outcome
Missed
Consolidated
+9.0%
Max favorable move (MFE)
0%
Max adverse move (MAE)
9.4%