Goldman Sachs Stock Bags Record After Historic Q2

Goldman Sachs delivered a strong second quarter, beating both earnings and revenue estimates and sending the stock to a fresh record high. GS rose about 8% intraday to $1,130.36, marking its best single-session gain since April 2025. The move helped support the Dow Industrial average even as IBM sold off. The article also highlights that Goldman is up 26.7% in 2026 and 57% year over year, yet analyst sentiment remains relatively cautious with 17 of 26 brokerages at hold or worse and a consensus price target below the current price. Options activity is heavily bullish, with call volume running about five times the average intraday level and put/call positioning suggesting bears are under pressure. Overall, the story points to strong earnings momentum, improving technicals, and a potentially bullish near-term setup for Goldman Sachs and the broader financial sector.