Zacks Analyst Blog Stock Updates
Written by Emily J. Thompson, Senior Investment Analyst
Updated: Jun 03 2026
0mins
Source: NASDAQ.COM
- Chevron's Strong Performance: Chevron's stock has risen 25.6% over the past six months, slightly below the industry's 27.1% gain, benefiting from higher oil prices and quality assets from the Hess acquisition, with production growth guidance of 7%-10% enhancing cash flow and market competitiveness.
- Goldman's Robust Growth: Goldman Sachs shares have increased by 28.3% in the past six months, significantly outperforming the industry's 2.7% growth, with earnings exceeding estimates for four consecutive quarters, as management focuses on sustainable revenue streams and diversifies through private equity market expansion.
- Philip Morris's Successful Transition: Philip Morris's stock has gained 16% over the last six months, surpassing the tobacco industry's 11.8% growth, with Q1 net revenues up 9.1% year-over-year, driven by smoke-free products contributing 43% of total revenues, indicating strong growth potential in this segment.
- Optimistic Market Outlook: Zacks' stock-picking strategies have outperformed the S&P's average gain of 7.7% annually since 2000, with the latest recommendations of seven stocks expected to provide early price pop opportunities, reflecting Zacks' strong analytical capabilities and investment confidence.
Trade with 70% Backtested Accuracy
Stop guessing "Should I Buy GS?" and start using high-conviction signals backed by rigorous historical data.
Sign up today to access powerful investing tools and make smarter, data-driven decisions.
Analyst Views on GS
Wall Street analysts forecast GS stock price to fall
12 Analyst Rating
5 Buy
7 Hold
0 Sell
Moderate Buy
Current: 1090.670
Low
604.00
Averages
951.45
High
1100
Current: 1090.670
Low
604.00
Averages
951.45
High
1100
About GS
The Goldman Sachs Group, Inc. is a global financial institution that delivers a range of financial services to a large and diversified client base that includes corporations, financial institutions, governments and individuals. Its segments include Global Banking & Markets, Asset & Wealth Management and Platform Solutions. The Global Banking & Markets segment offers a range of services, including financing, advisory services, risk distribution, and hedging for its institutional and corporate clients. It facilitates client transactions and makes markets in fixed income, equity, currency and commodity products. The Asset & Wealth Management segment manages assets and offers investment products across all asset classes to a diverse set of clients. It also provides investing and wealth advisory solutions. The Platform Solutions segment includes consumer platforms, such as partnerships offering credit cards and point-of-sale financing, and transaction banking and other platform businesses.
About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
Goldman Sachs: A Historical Paradigm Shift
- IPO Milestone: Goldman Sachs went public on May 4, 1999, issuing 69 million shares and raising $3.657 billion, marking the second-largest IPO in U.S. financial history at the time, thus ending its 130-year history as a private partnership and initiating a new chapter in its growth.
- Financial Performance: In 2025, Goldman Sachs reported net revenues of $58.28 billion, a 9% increase year-over-year, with net earnings of $17.18 billion, reflecting a robust performance in the investment banking sector and solidifying its market leadership.
- Market Influence: Goldman Sachs is viewed as a bellwether for investment banking activity and capital market trends, with its stock price trading above $1,000 in mid-2026, demonstrating strong market confidence and investor optimism since its IPO without any stock splits.
- Strategic Development: The firm's global expansion and diversified operations enable it to support clients in uncertain market conditions, with CEO David Solomon emphasizing the importance of a risk management culture to maintain competitiveness across various market environments.
See More
Nvidia Invests in Nebius to Accelerate AI Development
- Massive Investment: Nvidia announced a $2 billion investment in Nebius in March 2023 to accelerate the construction of its data centers and AI factories, demonstrating strong confidence in AI infrastructure and expected to enhance Nebius's market competitiveness.
- Significant Revenue Growth: Nebius reported $399 million in revenue for Q1 2026, an almost 8-fold increase year-over-year, primarily driven by robust performance in its data center business, indicating a surge in demand within the AI and high-performance computing sectors.
- Robot Delivery Market Potential: Nebius's Avride segment achieved a 178% increase in deliveries in Q1, totaling 174,000 robots, and is poised to benefit from the rapid expansion of the delivery robot market, projected to grow from $686 million to $7.6 billion.
- Long-Term Growth Outlook: Nebius aims to achieve over 4 GW of contracted data center power capacity by the end of 2026, which is expected to significantly scale its operations, with analysts forecasting substantial revenue growth in the coming years, further solidifying its leadership in the AI sector.
See More
Goldman Sachs and Broadcom Options Trading Volume Surge
- Goldman Sachs Options Volume: As of today, Goldman Sachs options volume reached 33,776 contracts, equivalent to approximately 3.4 million shares, representing a significant 143.3% of its average daily trading volume over the past month, indicating strong market interest in its future performance.
- Specific Goldman Sachs Options: Among Goldman Sachs options, the $1300 strike call option expiring on July 17, 2026, has seen 3,174 contracts traded today, representing about 317,400 underlying shares, reflecting investor enthusiasm for this price level.
- Broadcom Options Volume: Broadcom's options also show robust activity, with a total of 434,977 contracts traded, equivalent to approximately 43.5 million shares, which is 132.2% of its average daily trading volume over the past month, suggesting continued market confidence in Broadcom.
- Specific Broadcom Options: For Broadcom, the $400 strike call option expiring on June 17, 2026, has recorded a trading volume of 26,180 contracts today, representing around 2.6 million underlying shares, indicating bullish expectations from investors at this price point.
See More
Recap of CNBC Investing Club Monthly Meeting
- Portfolio Analysis: During the June Monthly Meeting, Jim Cramer and Jeff Marks provided an in-depth analysis of 35 portfolio stocks, highlighting their preference for Intel due to its significant upside potential in data center CPU growth, particularly in the context of competition with TSMC.
- Tech Giants Restructuring: Cramer noted a reordering of the 'Magnificent Seven,' with newcomers like SpaceX and the yet-to-go-public Anthropic and OpenAI emerging as formidable competitors, indicating intensified market competition, especially in the AI sector.
- Strengths of Alphabet and Apple: Alphabet is positioned advantageously in the AI era with its YouTube and Waymo businesses, while Apple leverages its ecosystem of over 2.5 billion iPhone users to strengthen its AI partnership with Alphabet, showcasing both companies' robust market positions.
- Market Dynamics and Investment Strategy: Despite challenges faced by Meta and Microsoft, Cramer advises maintaining investments in Amazon and Nvidia, believing that the latter's GPU demand will continue to grow, and that Amazon's cloud business remains highly profitable.
See More
Analysis of Significant Stock Movements in Various Companies
- SpaceX Stock Fluctuation: After soaring nearly 50% post-IPO, SpaceX's stock dropped over 3% on Wednesday, reflecting short-term volatility around its $135 per share IPO price, which may impact investor confidence.
- Strong Bank Performance: The Invesco KBW Bank ETF reached an all-time high, with JPMorgan, Bank of America, Morgan Stanley, and Goldman Sachs hitting new intraday records, indicating a bull market expansion into previously lagging bank stocks, potentially signaling a recovery in the financial sector.
- CarMax Earnings Beat: CarMax reported first-quarter earnings of $1.31 per share, exceeding analysts' expectations of $0.95, although the stock fell 7%, it remains up 31% over the past month, indicating market confidence in its long-term growth.
- Aehr Test Systems New Order: Aehr Test Systems announced a follow-on production order from a major customer, leading to a 12% stock increase, with the fully automated wafer-level burn-in system scheduled for delivery in six months, potentially driving future revenue growth.
See More
Market Volatility and Portfolio Performance Overview
- Market Volatility Overview: The S&P 500 experienced significant volatility over the past three weeks, recording its worst session in eight months on June 5, just after reaching record highs, indicating shifts in market sentiment and investor uncertainty.
- Portfolio Performance: Among 34 stocks, 19 have risen since the May meeting, with Arm's stock soaring 38.2% driven by strong AI demand and the release of a new Nvidia chip, highlighting the potential for a rebound in tech stocks.
- Bank Stocks Recovery: Wells Fargo's shares increased by 13.9%, reflecting the financial sector's status as the best-performing group in the S&P 500, although it remains down nearly 7% year-to-date, suggesting a cautious recovery amid potential earnings volatility.
- Underperforming Stocks: Amazon's stock fell 10.8%, primarily due to concerns over AI investments, despite securing a $17.5 billion loan for AI development, raising questions about its future financial health and investor confidence.
See More
Goldman Sachs: A Historical Paradigm Shift
- IPO Milestone: Goldman Sachs went public on May 4, 1999, issuing 69 million shares and raising $3.657 billion, marking the second-largest IPO in U.S. financial history at the time, thus ending its 130-year history as a private partnership and initiating a new chapter in its growth.
- Financial Performance: In 2025, Goldman Sachs reported net revenues of $58.28 billion, a 9% increase year-over-year, with net earnings of $17.18 billion, reflecting a robust performance in the investment banking sector and solidifying its market leadership.
- Market Influence: Goldman Sachs is viewed as a bellwether for investment banking activity and capital market trends, with its stock price trading above $1,000 in mid-2026, demonstrating strong market confidence and investor optimism since its IPO without any stock splits.
- Strategic Development: The firm's global expansion and diversified operations enable it to support clients in uncertain market conditions, with CEO David Solomon emphasizing the importance of a risk management culture to maintain competitiveness across various market environments.
See More
Nvidia Invests in Nebius to Accelerate AI Development
- Massive Investment: Nvidia announced a $2 billion investment in Nebius in March 2023 to accelerate the construction of its data centers and AI factories, demonstrating strong confidence in AI infrastructure and expected to enhance Nebius's market competitiveness.
- Significant Revenue Growth: Nebius reported $399 million in revenue for Q1 2026, an almost 8-fold increase year-over-year, primarily driven by robust performance in its data center business, indicating a surge in demand within the AI and high-performance computing sectors.
- Robot Delivery Market Potential: Nebius's Avride segment achieved a 178% increase in deliveries in Q1, totaling 174,000 robots, and is poised to benefit from the rapid expansion of the delivery robot market, projected to grow from $686 million to $7.6 billion.
- Long-Term Growth Outlook: Nebius aims to achieve over 4 GW of contracted data center power capacity by the end of 2026, which is expected to significantly scale its operations, with analysts forecasting substantial revenue growth in the coming years, further solidifying its leadership in the AI sector.
See More
Goldman Sachs and Broadcom Options Trading Volume Surge
- Goldman Sachs Options Volume: As of today, Goldman Sachs options volume reached 33,776 contracts, equivalent to approximately 3.4 million shares, representing a significant 143.3% of its average daily trading volume over the past month, indicating strong market interest in its future performance.
- Specific Goldman Sachs Options: Among Goldman Sachs options, the $1300 strike call option expiring on July 17, 2026, has seen 3,174 contracts traded today, representing about 317,400 underlying shares, reflecting investor enthusiasm for this price level.
- Broadcom Options Volume: Broadcom's options also show robust activity, with a total of 434,977 contracts traded, equivalent to approximately 43.5 million shares, which is 132.2% of its average daily trading volume over the past month, suggesting continued market confidence in Broadcom.
- Specific Broadcom Options: For Broadcom, the $400 strike call option expiring on June 17, 2026, has recorded a trading volume of 26,180 contracts today, representing around 2.6 million underlying shares, indicating bullish expectations from investors at this price point.
See More
Recap of CNBC Investing Club Monthly Meeting
- Portfolio Analysis: During the June Monthly Meeting, Jim Cramer and Jeff Marks provided an in-depth analysis of 35 portfolio stocks, highlighting their preference for Intel due to its significant upside potential in data center CPU growth, particularly in the context of competition with TSMC.
- Tech Giants Restructuring: Cramer noted a reordering of the 'Magnificent Seven,' with newcomers like SpaceX and the yet-to-go-public Anthropic and OpenAI emerging as formidable competitors, indicating intensified market competition, especially in the AI sector.
- Strengths of Alphabet and Apple: Alphabet is positioned advantageously in the AI era with its YouTube and Waymo businesses, while Apple leverages its ecosystem of over 2.5 billion iPhone users to strengthen its AI partnership with Alphabet, showcasing both companies' robust market positions.
- Market Dynamics and Investment Strategy: Despite challenges faced by Meta and Microsoft, Cramer advises maintaining investments in Amazon and Nvidia, believing that the latter's GPU demand will continue to grow, and that Amazon's cloud business remains highly profitable.
See More
Analysis of Significant Stock Movements in Various Companies
- SpaceX Stock Fluctuation: After soaring nearly 50% post-IPO, SpaceX's stock dropped over 3% on Wednesday, reflecting short-term volatility around its $135 per share IPO price, which may impact investor confidence.
- Strong Bank Performance: The Invesco KBW Bank ETF reached an all-time high, with JPMorgan, Bank of America, Morgan Stanley, and Goldman Sachs hitting new intraday records, indicating a bull market expansion into previously lagging bank stocks, potentially signaling a recovery in the financial sector.
- CarMax Earnings Beat: CarMax reported first-quarter earnings of $1.31 per share, exceeding analysts' expectations of $0.95, although the stock fell 7%, it remains up 31% over the past month, indicating market confidence in its long-term growth.
- Aehr Test Systems New Order: Aehr Test Systems announced a follow-on production order from a major customer, leading to a 12% stock increase, with the fully automated wafer-level burn-in system scheduled for delivery in six months, potentially driving future revenue growth.
See More
Market Volatility and Portfolio Performance Overview
- Market Volatility Overview: The S&P 500 experienced significant volatility over the past three weeks, recording its worst session in eight months on June 5, just after reaching record highs, indicating shifts in market sentiment and investor uncertainty.
- Portfolio Performance: Among 34 stocks, 19 have risen since the May meeting, with Arm's stock soaring 38.2% driven by strong AI demand and the release of a new Nvidia chip, highlighting the potential for a rebound in tech stocks.
- Bank Stocks Recovery: Wells Fargo's shares increased by 13.9%, reflecting the financial sector's status as the best-performing group in the S&P 500, although it remains down nearly 7% year-to-date, suggesting a cautious recovery amid potential earnings volatility.
- Underperforming Stocks: Amazon's stock fell 10.8%, primarily due to concerns over AI investments, despite securing a $17.5 billion loan for AI development, raising questions about its future financial health and investor confidence.
See More
