Goldman Sachs cuts Lazard stock target to USD 32.00

Published on 10/15/2026 at 19:22 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

Lazard reports third-quarter results on October 22, 2026. Lazard stock costs EUR 32.30 on October 15, 2026 at 7:10 p.m. CEST, up 4.53 percent on Nasdaq.

Analyst targets shape valuation

Goldman Sachs lowered its Lazard target to USD 32.00 on October 13, 2026.
Lazard will publish third-quarter results on October 22, 2026.
Lazard stock costs EUR 32.30 at Lang & Schwarz on October 15, 2026 at 7:10 p.m. CEST, up 4.53 percent on Nasdaq.
Lazard's market capitalization is USD 4.0 billion and its P/E ratio is 17.41.

LAZ, US52110M1099, Illustration mit AI erstellt.

Goldman Sachs analyst James Yaro lowered the Lazard target from USD 36.00 to USD 32.00 and kept a Sell rating on October 13, 2026, according to Markets Insider. The new target is 11.68 percent below Lazard's USD 36.23 price on the New York Stock Exchange. Lazard stock was trading at EUR 32.30 at Lang & Schwarz on October 15, 2026 at 7:10 p.m. CEST, up 4.53 percent on Nasdaq.

Results arrive October 22

Lazard will announce third-quarter and nine-month 2026 results on October 22, 2026, with an 8:00 a.m. ET conference call, the company said in a release dated October 1, 2026. The date gives investors the next scheduled checkpoint after the latest target changes. Lazard also identifies the company as listed on the New York Stock Exchange under LAZ.

Price remains above yearly low

The NYSE price was USD 36.23 on October 15, 2026 at 1:20 p.m. ET. Lazard's 52-week range was USD 34.13 to USD 58.75, putting the stock 6.15 percent above its low and 38.33 percent below its high. Trading volume was 459,920 shares against an average of 1,684,528 shares.

Valuation and scheduled date

Lazard's market capitalization was USD 4.0 billion on October 15, 2026, while its P/E ratio was 17.41. The current price and the Goldman Sachs target frame the central valuation gap: the target sits USD 4.23 below the NYSE price. The October 22 results date is the next company event identified in the company's release.

Comparison with peers

LAZ (NYSE, USD): plus 4.53 percent, P/E 17.41, market capitalization USD 4.0 billion

Evercore (NYSE, USD): plus 0.73 percent, P/E 14.44, market capitalization USD 9.9 billion

Moelis (NYSE, USD): plus 1.49 percent, P/E 19.16, market capitalization USD 4.1 billion

Trading price in euros

The euro quotation stood at EUR 32.30 at Lang & Schwarz on October 15, 2026 at 7:10 p.m. CEST. The home-market move was plus 4.53 percent on Nasdaq on the same date, while the primary-market price was USD 36.23 at 1:20 p.m. ET. The further course of trading is shown by the continuously updated real-time quote of Lazard stock.