Goldman Sachs
Upgrade grade
B
Downgrade grade
B
Goldman Sachs was founded in 1869 by Marcus Goldman as a merchant banking operation in New York and has evolved into one of the world's most influential investment banks and financial institutions. Today it operates as a sprawling global powerhouse with tens of thousands of employees across dozens of countries, managing hundreds of billions in assets and maintaining a dominant position in investment banking, trading, and wealth management. The firm's equity research team is particularly renowned for their coverage of technology, financial services, and industrial sectors, where they combine deep industry expertise with privileged access to corporate management and real-time market intelligence. Distinctively, Goldman Sachs research has historically carried outsized influence on market movements and investor sentiment, a reputation that stems both from their analytical rigor and from their role as a primary advisor to institutional investors and corporations navigating major strategic decisions.
Upgrades
1,583
78.84% win rate
· avg +2.17% D1
Downgrades
1,621
77.3% win rate
· avg -2.56% D1
Avg Gap — Upgrades
+2.18%
open vs prev close
Avg Gap — Downgrades
-2.64%
open vs prev close
Performance by Sector
| Sector | ↑ Win% | ↑ D1 | ↓ Win% | ↓ D1 |
|---|---|---|---|---|
| Consumer Cyclical | 77.01% (261) | +2.21% | 75.10% (261) | -2.26% |
| Technology | 80.45% (220) | +2.68% | 85.47% (234) | -3.71% |
| Financial Services | 80.00% (215) | +1.61% | 74.77% (222) | -1.98% |
| Industrials | 81.22% (181) | +1.89% | 76.65% (197) | -1.78% |
| Healthcare | 80.00% (170) | +3.22% | 77.84% (176) | -4.02% |
| Energy | 77.50% (160) | +2.22% | 75.63% (160) | -2.37% |
| Consumer Defensive | 83.84% (99) | +2.01% | 85.22% (115) | -3.70% |
| Basic Materials | 71.84% (103) | +1.39% | 85.29% (68) | -2.05% |
| Utilities | 73.33% (60) | +1.03% | 54.10% (61) | -0.14% |
| Communication Services | 81.54% (65) | +3.11% | 72.22% (54) | -2.91% |
| Real Estate | 80.00% (40) | +1.29% | 80.00% (65) | -1.28% |
Win Rate by Year
| Year | ↑ Win% | ↑ Calls | ↓ Win% | ↓ Calls |
|---|---|---|---|---|
| 2026 | 66.7% | 21 | 84.2% | 19 |
| 2025 | 74.7% | 99 | 74.5% | 106 |
| 2024 | 79.7% | 74 | 84.1% | 88 |
| 2023 | 86.0% | 93 | 74.2% | 89 |
| 2022 | 79.0% | 105 | 73.3% | 146 |
| 2021 | 81.0% | 126 | 81.2% | 138 |
| 2020 | 81.4% | 161 | 68.1% | 141 |
| 2019 | 82.2% | 152 | 77.6% | 116 |
| 2018 | 65.5% | 119 | 79.7% | 118 |
| 2017 | 85.6% | 97 | 75.2% | 105 |
Recent Calls
| Date | Ticker | Company | Sector | Action | Grade Change | PT | Gap | D1 |
|---|---|---|---|---|---|---|---|---|
| Apr 30, 2026 | VIRT | Virtu Financial, Inc. | Financial Services | Maintains | Neutral → Neutral | — | -0.6% | -2.3% |
| Apr 30, 2026 | CSGP | CoStar Group, Inc. | Real Estate | Maintains | Buy → Buy | — | -1.1% | +1.4% |
| Apr 30, 2026 | EBAY | eBay Inc. | Consumer Cyclical | Maintains | Neutral → Neutral | — | -3.6% | -0.3% |
| Apr 30, 2026 | TER | Teradyne, Inc. | Technology | Maintains | Buy → Buy | — | +6.7% | +12.1% |
| Apr 30, 2026 | EQIX | Equinix, Inc. | Real Estate | Maintains | Neutral → Neutral | — | -3.7% | -0.6% |
| Apr 30, 2026 | AMZN | Amazon.com, Inc. | Consumer Cyclical | Reiterates | Buy | $325 | +3.9% | +0.8% |
| Apr 30, 2026 | WING | Wingstop Inc. | Consumer Cyclical | Downgrade | Buy → Neutral | $190 | -0.1% | -4.2% |
| Apr 30, 2026 | GEHC | GE HealthCare Technologies Inc. | Healthcare | Downgrade | Buy → Neutral | $65 | -0.5% | +2.3% |
| Apr 29, 2026 | ARCB | ArcBest Corporation | Industrials | Maintains | Buy → Buy | — | +1.1% | -0.5% |
| Apr 29, 2026 | ST | Sensata Technologies Holding plc | Technology | Maintains | Buy → Buy | — | +1.6% | -4.7% |
| Apr 29, 2026 | IVZ | Invesco Ltd. | Financial Services | Maintains | Neutral → Neutral | — | -0.4% | -0.9% |
| Apr 29, 2026 | TFII | TFI International Inc. | Industrials | Maintains | Buy → Buy | — | -0.6% | -2.9% |
| Apr 29, 2026 | BEN | Franklin Resources, Inc. | Financial Services | Maintains | Buy → Buy | — | +1.4% | -0.0% |
| Apr 29, 2026 | SPOT | Spotify Technology S.A. | Communication Services | Maintains | Buy → Buy | — | -0.0% | +2.2% |
| Apr 29, 2026 | STNE | StoneCo Ltd. | Technology | Downgrade | Buy → Neutral | $14 | -3.3% | -6.9% |
| Apr 28, 2026 | NTLA | Intellia Therapeutics, Inc. | Healthcare | Maintains | Sell → Sell | — | -1.7% | +1.2% |
| Apr 28, 2026 | RLAY | Relay Therapeutics, Inc. | Healthcare | Maintains | Buy → Buy | — | -1.1% | -12.8% |
| Apr 28, 2026 | IAC | IAC InterActive Corp. | Technology | Maintains | Buy → Buy | — | +0.0% | -1.2% |
| Apr 28, 2026 | IT | Gartner, Inc. | Technology | Maintains | Neutral → Neutral | — | +1.5% | +0.9% |
| Apr 28, 2026 | DPZ | Domino's Pizza, Inc. | Consumer Cyclical | Maintains | Buy → Buy | — | +0.9% | +1.5% |
| Apr 28, 2026 | AMKR | Amkor Technology, Inc. | Technology | Maintains | Neutral → Neutral | — | -12.6% | -5.6% |
| Apr 28, 2026 | AXP | American Express Company | Financial Services | Maintains | Buy → Buy | — | +0.9% | -0.9% |
| Apr 27, 2026 | IT | Gartner, Inc. | Technology | Downgrade | Buy → Neutral | $171 | -2.0% | -1.2% |
| Apr 24, 2026 | VC | Visteon Corporation | Consumer Cyclical | Maintains | Buy → Buy | — | +1.1% | +3.9% |
| Apr 24, 2026 | MBLY | Mobileye Global Inc. | Consumer Cyclical | Maintains | Neutral → Neutral | — | +1.8% | +6.1% |