Report published August 13, 2026
Goldman Sachs Daily Marketcolour: Adyen, Pandora, Ströer & GOOGL (Aug 13, 2026)
Source and citation context
- Issuer
- Goldman Sachs
- Report date
- August 13, 2026
- Analysis as of
- Not stated in source
Authors / editors: Ioannis Blekos (Author)
Finvaulta summarizes Goldman Sachs's analysis. Attribute opinions, forecasts, time-sensitive values, and chronology to the issuer and report date; do not treat this page as an independent verification or a current market-data source.
Daily morning note reviewing in-line July US CPI data, pro-momentum buying in tech, and an upgraded 2026 STOXX Europe 600 EPS growth forecast to 15%. It also summarizes Q2 earnings results for Adyen, Pandora, Ströer, and reiterates a Buy on GOOGL ($435 PT).
Key Takeaways
- 1.US equities closed higher following an in-line July CPI print, with notable re-risking in Semis/AI momentum stocks.
- 2.Crowded short stocks have outperformed crowded long stocks (+0.40% vs +0.26%) season-to-date across 204 tracked names.
- 3.Goldman Sachs raised its 2026 STOXX Europe 600 EPS growth forecast to 15% (from 10%) on resilient Q2 earnings.
Table of Contents
- Interesting – crowded earnings reactions
- What are HF doing?
- GS Invite: Webcast on Orbit / Space
- Europe
- Adyen
- Guidance
- Pandora
- Stroeer (beats and reiterates)
- GOOGL
- CAPEX
- More in Macro
Report data
Capex Estimates Growth (2026-2027)
| Metric | Estimate | Context |
|---|---|---|
| STOXX Europe 600 EPS Growth Forecast 2026 | 15% | Upgraded from 10% to 15% following strong Q2 earnings season. |
| Alphabet (GOOGL) Price Target | 435 USD | Reiterated Buy rating and PT. |
| 2027 Hyperscaler Tech Capex Estimate | 1.0 USD Trillion | Jumped by ~$125B to over $1T+ representing 33% YoY growth. |
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Authors / Editors
Reported Data Context
- STOXX Europe 600 EPS Growth Forecast 2026: 15 % (2026) · Source: Goldman Sachs Global Investment Research
- Alphabet (GOOGL) Price Target: 435 USD (12-month) · Source: Goldman Sachs Global Investment Research
- 2027 Hyperscaler Tech Capex Estimate: 1.0 USD Trillion (2027) · Source: FactSet, Goldman Sachs Global Investment Research
Securities
Themes
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