Goldman Sachs named five stocks as top ideas following their second-quarter earnings reports: Loar Holdings, Toast, MasTec, Quanta Services and StubHub. The bank's analysts raised or reiterated buy ratings across the group, citing guidance above consensus, margin expansion and growth tied to the data center buildout.
Goldman Sachs is telling investors there is still room to run in several stocks that just reported earnings. Analyst Noah Poponak is sticking with Loar Holdings after the aerospace and defense component parts company posted results. He noted that its 2026 guidance ranges for revenue, EBITDA and EPS are all ahead of consensus, and Loar shares are up 14% this year and remain on Goldman's conviction buy list. According to Poponak: "Upside to near-term estimates, for this long-term compounder."
Toast and MasTec draw buy ratings
Analysts led by Will Nance came away impressed by Toast's recent earnings, arguing that concerns over the fintech restaurant company's investment spending are overdone. The stock is up 16% over the past month, and Goldman remains buy-rated given better visibility on customer acquisition costs and the company's AI-powered marketing platform.
MasTec drew a different call. Analyst Neil Mehta told investors to buy the dip after the infrastructure and engineering company's mixed quarterly report, pointing to the data center buildout as a tailwind. Goldman still lowered its price target to $409 per share from $508. The bank projects an EPS compound annual growth rate of about 17% between 2025 and 2030, and the stock is up 37% this year.
Quanta Services and StubHub round out the list
Goldman also flagged Quanta Services as a beneficiary of the power demand theme, projecting an EPS compound annual growth rate of about 19.5% between 2026 and 2030 from its electric and underground infrastructure businesses.
StubHub rounded out the group. Goldman reiterated its buy rating and 12-month price target of $16, framing the ticketing company as positively levered to a large and growing market opportunity despite any short-term reaction to its guidance.
Source: US Top News and Analysis
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