Goldman Sachs(US:GS) Yahoo Finance·2026-01-19 04:26Core Insights - Goldman Sachs is recognized among the 15 Dividend Growth Stocks with the highest growth rates [1] - HSBC has slightly reduced its price target for Goldman Sachs to $604 while maintaining a Hold rating, citing recent pullbacks in bank stocks as potential opportunities for selective exposure [2] - Goldman Sachs reported Q4 2026 earnings that exceeded Wall Street expectations, driven by increased deal-making and strong trading performance [3] Financial Performance - Investment banking fees rose by 25% year-over-year to $2.58 billion, although this was slightly below the expected $2.66 billion [5] - Equity revenue reached a record $4.31 billion, up from $3.45 billion a year ago, benefiting from higher market volatility and a broader market rally [5] - Fixed income, currencies, and commodities trading revenue increased by 12.5% to $3.11 billion [5] Market Outlook - Goldman Sachs' CEO highlighted a favorable environment for mergers and acquisitions (M&A) and capital markets in 2026, citing supportive factors such as a friendlier regulatory environment, lower interest rates, and substantial cash reserves on corporate balance sheets [4] - HSBC raised its adjusted EPS estimates for Goldman Sachs for 2025 and 2026 by approximately 1% to 7%, reflecting expectations for stronger net interest income and improved investment banking fees [2]