Top Research Reports for Goldman Sachs, TotalEnergies & Prologis

Thursday, August 27, 2026

The Zacks Research Daily presents the best research output of our analyst team. Today's Research Daily features new research reports on 16 major stocks, including The Goldman Sachs Group, Inc. (GS), TotalEnergies SE (TTE) and Prologis, Inc. (PLD), as well as two micro-cap stocks Gencor Industries, Inc. (GENC) and Ohio Valley Banc Corp. (OVBC). The Zacks microcap research is unique as our research content on these small and under-the-radar companies is the only research of its type in the country.

These research reports have been hand-picked from the roughly 70 reports published by our analyst team today.

You can see all of today’s research reports here >>>

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You can read today's AWS here >>> Nasdaq Up in Pre-Market on Strength from NVDA, CRM & More

Today's Featured Research Reports

Goldman Sachs’ shares have outperformed the Zacks Financial - Investment Bank industry over the year-to-date period (+20% vs. +12.7%). The company’s earnings surpassed estimates in each of the trailing four quarters. The company is prioritizing durable revenue streams, with improving deal activity and a strong investment banking backlog supporting fee-income growth. 

The planned LCN and NEOS acquisitions are likely to further strengthen Asset & Wealth Management. However, the rising expense base might hamper its near-term profitability. Elevated provisions amid a volatile macro backdrop remain a key concern. Its high dependence on overseas revenues is worrisome. 

Nevertheless, the company’s private credit expansion is expected to diversify revenues and drive long-term growth. Its strong capital and liquidity position aids shareholder returns, including a recent 11% dividend hike after clearing the 2026 Fed stress test.

(You can read the full research report on Goldman Sachs here >>>)

Shares of TotalEnergies have gained +33% over the year-to-date period against the Zacks Oil and Gas - Integrated - International industry’s gain of +33.9%. The company presents a balanced investment case, supported by its expanding global portfolio, resilient production outside disrupted regions and exposure to the global LNG value chain and emerging hydrocarbon basins. 

Contributions from new project start-ups and acquired assets are expected to boost volumes and support cash generation across market cycles. Investments in low-carbon businesses also provide a longer-term transition path and help align operations with emissions goals. 

However, geopolitical and security risks could disrupt operations, while dependence on acquired assets creates integration and execution challenges. Commodity price volatility may also weigh on margins and cash flow.

(You can read the full research report on TotalEnergies here >>>)

Prologis’ shares have gained +13.3% over the year-to-date period against the Zacks REIT and Equity Trust - Other industry’s gain of +15.9%. The company is supported by resilient leasing demand, healthy rent spreads and the company's unmatched scale in global logistics real estate. 

Prologis’ second-quarter 2026 results reinforced this momentum, with record leasing activity, higher occupancy, strong same-store NOI growth and better-than-expected core FFO, prompting management to raise its full-year guidance for the second time this year. Its disciplined capital deployment and growing exposure to data centers and energy infrastructure provide additional long-term growth opportunities beyond logistics. 

However, elevated interest rates, macroeconomic uncertainty, slower customer decision-making in select markets and the company's elevated debt remain headwinds. Moreover, Prologis' global operations expose it to foreign currency fluctuations and varying regional economic conditions.

(You can read the full research report on Prologis here >>>)

Shares of Gencor Industries have outperformed the Zacks Manufacturing - Thermal Products Bank industry over the year-to-date period (+51% vs. +48.2%). This microcap company with a market capitalization of $279.23 million has its investment case supported by a debt-free balance sheet, substantial liquidity, improving profitability and a record backlog that provides stronger revenue visibility. A diversified revenue mix, disciplined cost management and portfolio income further support financial flexibility and earnings resilience. 

However, results remain sensitive to infrastructure-funding continuity, customer order timing and the conversion of large contracts, which can create quarterly volatility. Rising aged-inventory allowances and the sizable securities portfolio add further operating and earnings uncertainty. 

The stock’s relatively modest valuation may offer investors a more favorable entry point, providing some cushion against execution and demand risks while leaving room for upside if backlog conversion, profitability and infrastructure demand remain supportive.

(You can read the full research report on Gencor Industries here >>>)

Ohio Valley Banc’s shares have outperformed the Zacks Banks - Midwest industry over the year-to-date period (+15% vs. +6.8%). This microcap company with a market capitalization of $212.94 million has its investment case supported by resilient net interest income, targeted loan growth, deposit-funded balance sheet expansion and improving operating efficiency. A shift toward higher-return commercial and real estate lending, selective market expansion and ample liquidity provide growth flexibility, while a moderate payout structure preserves capital for reinvestment. 

However, rising funding costs are pressuring margins. Greater commercial real estate concentration increases exposure to borrower stress. Credit costs remain elevated due to a few troubled relationships, creating provision volatility. Fee-income diversification has weakened and operating expenses remain sticky. 

The valuation presents a mixed picture, suggesting investors should weigh the current pricing against OVBC’s growth prospects, earnings stability and risk profile.

(You can read the full research report on Ohio Valley Banc here >>>)

Other noteworthy reports we are featuring today include Valero Energy Corp. (VLO), Illumina, Inc. (ILMN) and Semtech Corp. (SMTC).

Mark Vickery
Senior Editor

Note: Sheraz Mian heads the Zacks Equity Research department and is a well-regarded expert of aggregate earnings. He is frequently quoted in the print and electronic media and publishes the weekly Earnings Trends and Earnings Preview reports. If you want an email notification each time Sheraz publishes a new article, please click here>>>

Today's Must Read

Focus on Core Businesses & Strong Liquidity Aid Goldman (GS)

Expanding LNG & Clean Energy Assets Aid TotalEnergies (TTE)

Strong Leasing Demand & Expanding Data Centers Aid Prologis (PLD)

Featured Reports

Valero's (VLO) Extensive Refinery Network Aids Profitability
Per the Zacks analyst, Valero Energy's complex refineries enable it to process various crude grades and its Gulf Coast refining network provides access to global product markets, aiding profitability.

Illumina (ILMN) Banks on NovaSeq X Success, Macro Woes Stay
The Zacks analyst is impressed with Illumina building momentum with the NovaSeq X transition, particularly in the clinical markets. Still, macroeconomic pressures may weigh on margin performance.

Semtech (SMTC) Rides on AI Data Center Demand
Per the Zacks analyst, growing 800G demand and 1.6T FiberEdge and CopperEdge ramps are driving Semtech's data center growth.

Summit's (SMMT) Lead Candidate Progressing Well, Dependency a Woe
While Summit's progress with its experimental cancer drug is encouraging, the lack of pipeline diversification beyond this drug concerns the Zacks Analyst.

Genpact (G) Gains From AI Product Portfolio Amid Talent Cost
Per the Zacks analyst, Genpact has growth potential in Artificial Intelligence with a strong product portfolio and solid liquidity. A competitive talent market remains a concern.

Choice Hotels (CHH) Banks on Unit Growth, High Costs Ail
Per the Zacks analyst, Choice Hotels' focus on conversion-led development, extended-stay growth and its asset-light franchise model bodes well. However, higher interest expenses remain a concern.

Array (AD) Rides on Strength in Tower Business, Improved Profitability
Per the Zacks analyst, improving monetization in the tower leasing business will likely drive Array's top line. Focus on operational efficiency to drive profitability is positive.

New Upgrades

Virtu Financial (VIRT) Gains from Market Making Segment
Per the Zacks Analyst, Virtu Financial's Market Making unit is well-poised for growth due to growing retail engagement. Higher commissions have been driving results at its Execution Services unit.

Operational Restructuring Aids THOR (THO) Amid Declining Backlog
Per the Zacks analyst, THOR's strategic evolution of its North American RV operating model by establishing two operating RV groups bodes well. However, declining towable backlog remains a concern.

Kohl's (KSS) to Keep Gaining From Strong Omnichannel Platform
Per the Zacks analyst, Kohl's growing digital marketplace, AI shopping tools and same-day delivery will likely keep enhancing convenience, conversion and customer reach across its omnichannel network.

New Downgrades

Volatile Iron Ore Prices, High Costs to Hurt Vale (VALE)
Per the Zacks analyst, iron ore prices will be weighed down by subdued steel demand in China, hurting Vale's top-line results. High input and freight costs will further pressure margins.

High Debt Levels to Weigh on Petrobras (PBR)
The Zacks analyst believes that Petrobras' reported gross debt of about $70.8 billion during the second quarter of 2026 leads to pressure on cash flow generation and its balance-sheet stability.

Applied Digital (APLD) Faces Concentration and Leverage Risks
Per the Zacks analyst, Applied Digital faces customer concentration, execution risks, supply chain constraints and rising leverage as its AI infrastructure expansion scales.

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This article originally published on Zacks Investment Research (zacks.com).

Zacks Investment Research