Investors interested in Financial - Investment Bank stocks are likely familiar with Goldman Sachs (GS) and Tradeweb Markets (TW). But which of these two companies is the best option for those looking for undervalued stocks?
A J.P. Morgan analyst downgrades Goldman Sachs to neutral from overweight, saying Barclays and Deutsche Bank offer more potential upside.
Big banks including JPMorgan Chase and Goldman Sachs had just finished taking victory laps after a blockbuster quarter when concerns emerged from an obscure corner of Wall Street, sending a collective shiver through global finance. Regional bank Zions late Wednesday disclosed a near total wipeout on $60 million in loans after finding "apparent misrepresentations" from the borrowers.
Markets have spent much of autumn caught between nerves and relief, and Goldman Sachs thinks that tug-of-war could define the months ahead. After a spell of optimism that the US economy might cruise into 2026 in decent shape, investors were jolted last week by renewed US-China trade tensions.
Goldman Sachs delivered a strong Q3, beating revenue and EPS estimates, driven by robust dealmaking and resilient wealth management performance. GS's leadership in M&A and capital markets remains unchallenged, with record backlogs and continued momentum expected into 2026. A machine learning model projects 9.3% annualized growth in tangible book value per share, but current valuation suggests GS is about 16% overvalued.
Goldman Sachs Group Inc (NYSE:GS, ETR:GOS) is entering a new phase of operational transformation dubbed “OneGS 3.0,” focused on artificial intelligence and centralized efficiency, following what Jefferies described as a “constructive” third quarter marked by surging deal activity and durable trading momentum. Jefferies said it raised its 2026 earnings estimate for Goldman Sachs by about 1% to $54.45 a share, citing improving capital markets conditions and the firm's deepening pipeline of investment banking mandates.
Now even earnings numbers are taking a back seat to artificial intelligence (AI). In a dramatic turn of events Tuesday (Oct. 14), Goldman Sachs used its third‑quarter earnings announcement to unveil “One Goldman Sachs 3.0.
The Goldman Sachs Group, Inc. (NYSE:GS ) Q3 2025 Earnings Call October 14, 2025 9:30 AM EDT Company Participants David Solomon - Chairman & CEO Denis Coleman - Chief Financial Officer Conference Call Participants Glenn Schorr - Evercore ISI Institutional Equities, Research Division Ebrahim Poonawala - BofA Securities, Research Division L. Erika Penala - UBS Investment Bank, Research Division Chinedu Bolu - Autonomous Research US LP Betsy Graseck - Morgan Stanley, Research Division Michael Mayo - Wells Fargo Securities, LLC, Research Division Brennan Hawken - BMO Capital Markets Equity Research Daniel Fannon - Jefferies LLC, Research Division Devin Ryan - Citizens JMP Securities, LLC, Research Division Gerard Cassidy - RBC Capital Markets, Research Division Presentation Operator Good morning.
Wall Street firm will “constrain headcount growth through" 2025 and carry out a “limited reduction in roles across the firm,” according to a memo.
GS tops estimates with strong investment banking fees and trading gains, though its stock slips after the results.
Goldman Sachs is overhauling its marquee OneGS program, launching "OneGS 3.0." The bank told employees Tuesday in a memo it would leverage AI to accelerate its efficiency goals.
Although the revenue and EPS for Goldman (GS) give a sense of how its business performed in the quarter ended September 2025, it might be worth considering how some key metrics compare with Wall Street estimates and the year-ago numbers.