Goldman Sachs weighs Waldron succession plan for Goldman Sachs stock
Published on 10/12/2026 at 11:56 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWSKey points in brief
- Goldman Sachs is weighing a succession path involving President and COO John Waldron, according to Reuters on October 9, 2026.
- Goldman Sachs reported USD 20.98 diluted earnings per share and a 23.50 percent annualized return on common equity for the second quarter of 2026.
- The stock was trading at EUR 803.00 at Lang & Schwarz on October 12, 2026 at 11:50 a.m. CEST.
- MarketBeat expects USD 12.86 earnings per share for the third quarter of 2026, versus USD 12.25 a year earlier.
Goldman Sachs stock (ISIN US38141G1040) was trading at EUR 803.00 at Lang & Schwarz on October 12, 2026 at 11:50 a.m. CEST. Reuters reported on October 9, 2026 that President and Chief Operating Officer John Waldron is viewed as a likely successor to Chief Executive David Solomon, while internal discussions could affect several senior roles.
Succession could reshape leadership
Reuters described the succession discussion as internal speculation rather than a formal transition process. The report said Solomon could remain chief executive through 2028, while a potential Waldron handover could place the timing around late 2027 or 2028.
The leadership question matters because Goldman Sachs remains closely tied to capital markets and dealmaking. Reuters reported that the bank managed more than USD 1.0 trillion of announced mergers and acquisitions by June, a six-month figure that highlights the scale of its advisory franchise.
Second-quarter earnings set the benchmark
Goldman Sachs reported diluted earnings per share of USD 20.98 and an annualized return on common equity of 23.50 percent for the second quarter of 2026, according to its investor-relations release dated July 14, 2026. The earnings-per-share figure was higher than the USD 17.55 reported for the first quarter of 2026.
For the third quarter of 2026, MarketBeat lists consensus earnings per share of USD 12.86 against USD 12.25 in the third quarter of 2025. The comparison implies a USD 0.61 increase, or 4.98 percent, while expected revenue stands at USD 16.83 billion against USD 15.18 billion a year earlier.
What does October 13 bring?
MarketBeat lists October 13, 2026 as the next reporting date before the market opens, with the earnings call scheduled for 9:30 a.m. ET. The key test is whether trading activity can offset softer fixed-income, currencies and commodities performance described in an Investing.com report published October 8, 2026.
Stock price and valuation context
Goldman Sachs had a market capitalization of USD 264.1 billion as of October 9, 2026. Its reported 52-week range was USD 740.01 to USD 1,153.99, placing the latest USD 895.32 primary-market reference inside that band, while the Lang & Schwarz quote for German investors stood at EUR 803.00.
The further course of trading is shown by the continuously updated real-time quote of Goldman Sachs stock.
Goldman Sachs stock facts
- Company: The Goldman Sachs Group, Inc.
- ISIN: US38141G1040
- Ticker: GS
- Primary exchange: NYSE
- Price Lang & Schwarz (as of October 12, 2026, 11:50 a.m. CEST): EUR 803.00
- Market capitalization: USD 264.1 billion (as of October 9, 2026)
- 52-week range: USD 740.01-1,153.99 (as of October 9, 2026)
- Sector / Industry: Financials / Investment Banking and Asset Management
- Index membership: Dow Jones Industrial Average
- Next earnings date: October 13, 2026
Market context: Market report S&P 500.
