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Goldman Sachs posts strong Q2 earnings and dividend hike

Tipranks - Thu Jul 16, 3:18AM CDT

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Goldman Sachs Group ( (GS) ) has shared an announcement.

On July 14, 2026, Goldman Sachs reported second-quarter net revenues of $20.34 billion and net earnings of $6.63 billion, with diluted EPS of $20.98, annualized ROE of 23.5% and book value per share rising to $367.67. The firm also announced an increase in its quarterly dividend to $5.00 per common share for the third quarter, underscoring strong profitability and capital generation.

The revenue surge was driven by Global Banking & Markets, where net revenues climbed 53% year-on-year to $15.52 billion on robust investment banking fees, FICC intermediation and equities trading and financing. Asset & Wealth Management net revenues rose 20% to $4.60 billion on higher management fees and gains in private equity investments, while Platform Solutions revenue fell 64% amid markdowns tied to the Apple Card loan portfolio, and provisions for credit losses dropped sharply versus the prior year.

The most recent analyst rating on (GS) stock is a Hold
with a $1050.00 price target.
To see the full list of analyst forecasts on Goldman Sachs Group stock,
see the GS Stock Forecast page.

Spark’s Take on GS Stock

According to Spark, TipRanks’ AI Analyst, GS is a Neutral.

The score is held back most by financial quality risks—especially persistently negative operating/free cash flow and high leverage—despite improved profitability. Offsetting that, the earnings call signaled strong current operating momentum and robust capital returns, while technicals show a generally positive longer-term trend and valuation is reasonable but not notably cheap.

To see Spark’s full report on GS stock,
click here.

More about Goldman Sachs Group

Goldman Sachs Group Inc. is a global investment banking, securities and asset management firm headquartered in New York. The company operates across Global Banking & Markets, Asset & Wealth Management and Platform Solutions, providing advisory, underwriting, trading, financing and wealth management services to institutional and retail clients worldwide.

Average Trading Volume: 2,106,439

Technical Sentiment Signal: Buy

Current Market Cap: $308.6B

For detailed information about GS stock, go to TipRanks’ Stock Analysis page.

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