Goldman Sachs flags 20 Russell 1000 stocks with widest revenue forecast dispersion

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Summary · why it matters

Goldman Sachs is telling investors to hunt for alpha in stocks where the firm holds a differentiated view on long-term revenue growth, as valuation dispersion stays narrow and growth stocks trade at a sizable premium. Chief U.S. equity strategist Ben Snider screened the Russell 1000 for companies with market caps above $5B and average analyst estimates calling for annual sales growth of more than 10% three years from now. From that group, Goldman identified the 20 stocks with the widest dispersion in analysts' three-year revenue forecasts, where differentiated views offer greater potential for alpha, and the 20 stocks where estimates are most tightly clustered. Space Exploration Technologies Corp. tops the widest-dispersion list with 72% FY3 sales growth and a dispersion reading of 0.31, followed by IREN Limited at 75% growth and 0.26, Rambus Inc. at 25% and 0.24, IonQ, Inc. at 39% and 0.24, and Rocket Lab Corporation at 33% and 0.23. On the narrowest-dispersion side, Jersey Mike's Subs, Inc. leads with 12% FY3 sales growth and a dispersion of 0.01, alongside Samsara, Inc. at 20% and 0.01, SailPoint, Inc. at 19% and 0.01, and Edwards Lifesciences Corporation at 11% and 0.01.

Impact on assets 42

Cloud & Digital Infrastructure▲
Semiconductors▲
Rambus Inc
RMBS
± MixedCapitalrelevance

Named among the 20 stocks with widest analyst revenue-forecast dispersion, offering alpha potential but no company-specific development.

Cybersecurity & Digital Trust▲
Communication Services▲
Digital Finance & Tokenization▲
IREN Ltd
IREN
± Mixedrelevance

Named on Goldman's widest revenue-forecast dispersion list (75% growth, 0.26); no company-specific development.

Artificial Intelligence▲
Energy Transition & Power Demand▲
Space Economy▲
Rocket Lab USA Inc.
RKLB
± Mixedrelevance

Named on Goldman's widest revenue-forecast dispersion list (33% growth, 0.23); no company-specific development.

Biotech & Genomic Medicine▲
Electrification & Mobility▲
Quantum Computing▲
IONQ Inc
IONQ
± Mixedrelevance

Named on Goldman's widest revenue-forecast dispersion list (39% growth, 0.24); no company-specific development.

Aging Population▲
Edwards Lifesciences Corp
EW
± Mixedrelevance

Listed among narrowest-dispersion Russell 1000 names with 11% FY3 sales growth; no company-specific development.

Smart City / Autonomous Infrastructure▲
Samsara Inc
IOT
± Mixedrelevance

Named among narrowest-dispersion names with 20% FY3 sales growth; no company-specific development.

Climate Adaptation & Water▲
Financials▲
Critical Materials & Supply Chain▲
Defense & Geopolitical Fragmentation▲
Industrials▲
Consumer Discretionary▲
Others▲
Jersey Mike's Subs Inc.
JMKE
± MixedCapitalrelevance

Leads the narrowest-dispersion list with 12% FY3 sales growth, cited only as a screen result.