Goldman Sachs edges up on Q2 profit rise
ReutersJul 16, 2025 12:00 PM
Shares of U.S. banking giant Goldman Sachs GS.N rise 1.4% to $712 in premarket trading
Co reports Q2 profit of $3.7 billion, or $10.91 per share, for the quarter ended June 30, compared with $3.04 billion, or $8.62 per share, a year earlier
Higher profit helped by boom in equities trading and investment banking; revenue from asset and wealth management arm dips
As of last close, GS shares up ~22.7% YTD, eclipsing a 6.2% rise in the benchmark S&P 500 .SPX
Nine of 22 brokerages rate the stock "buy" or higher, 12 "hold", and 1 "sell"; median price target is $708 - data compiled by LSEG
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