TD Cowen starts coverage of Goldman Sachs stock at USD 1,050.00

Published on 10/09/2026 at 16:25 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

Revenue was USD 20.34 billion in second-quarter 2026, up 39.40 percent. Goldman Sachs stock costs EUR 787.30 after EUR 786.70 on October 9, 2026.

Key points in brief

TD Cowen initiated coverage on October 8, 2026 with a USD 1,050.00 target and Buy rating.
Goldman Sachs reported USD 20.34 billion in second-quarter 2026 revenue and USD 20.98 diluted earnings per share.
The Lang & Schwarz price was EUR 787.30 on October 9, 2026, plus 0.08 percent versus EUR 786.70.

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Goldman Sachs (ISIN US38141G1040) was trading at EUR 787.30 at Lang & Schwarz on October 9, 2026 at 4:12 p.m. CEST, plus 0.08 percent versus the prior close of EUR 786.70. On October 8, 2026, MarketBeat reported that TD Cowen initiated coverage with a Buy rating and a USD 1,050.00 price target. The analyst action gives the stock a fresh valuation reference ahead of Goldman Sachs earnings.

Three dates shape the setup

On July 14, 2026, Goldman Sachs reported USD 20.98 diluted earnings per share and an annualized return on common equity of 23.50 percent for the second quarter of 2026. Revenue reached USD 20.34 billion, up 39.40 percent from the second quarter of 2025.

On September 28, 2026, HSBC raised its target from USD 995.00 to USD 1,007.00, according to MarketBeat. On October 8, 2026, TD Cowen then set its USD 1,050.00 target, creating a sequence of higher published targets even as the current euro quote remains below its prior close reference by EUR 0.60.

What does October 13 mean for earnings?

MarketBeat lists October 13, 2026 as the next third-quarter earnings date, before the market opens, with a conference call at 9:30 a.m. ET. Its consensus is USD 13.07 earnings per share and USD 16.84 billion in revenue, compared with USD 12.25 and USD 15.18 billion in the year-ago quarter.

The comparison sets a demanding but measurable test. Second-quarter earnings per share exceeded the USD 14.47 consensus by USD 6.51, while the next consensus estimate is materially lower than the USD 20.98 result reported for the second quarter of 2026.

Market value and trading context

The finance quote for the NYSE-listed stock showed a USD 260.1 billion market capitalization on October 9, 2026. The same market context placed the 52-week range at USD 740.01 to USD 1,153.99, leaving the current valuation between a tested low and a much higher yearly peak.

For investors, the key tension is visible in the numbers: Goldman Sachs delivered USD 20.34 billion of second-quarter revenue and 23.50 percent annualized return on common equity, while the next-quarter consensus calls for USD 16.84 billion of revenue. The October 13 report will show whether that difference reflects normal quarterly variation or a change in earnings momentum.

Goldman Sachs stock stays near its report date

Goldman Sachs was trading at EUR 787.30 at Lang & Schwarz on October 9, 2026 at 4:12 p.m. CEST, plus 0.08 percent versus the prior close of EUR 786.70. The further course of trading is shown by the continuously updated real-time quote of Goldman Sachs stock.