Goldman Sachs Group Inc-The

Goldman Sachs Group Inc-The Stock Forecast & Price Prediction

Live Goldman Sachs Group Inc-The Stock (GS) Price
$594.22

27

Ratings

  • Buy 10
  • Hold 15
  • Sell 2
Disclaimer : Analyst ratings and price forecasts are sourced from Wall St analysts and other experts. These projections are speculative and do not guarantee future stock performance. This information is for educational purposes only and should not be construed as advice to buy or sell any security.

Stock Price

$594.22

P/E Ratio

17.38

Volume Traded Today

$1.8M

Dividend

$3

52 Week High/low

607.15/334.55

Goldman Sachs Group Inc-The Market Cap

$186.02B

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GS Summary

The Goldman Sachs Group Inc-The (GS) share price is expected to decrease by 7.02% over the next year. This is based on calculating the average 12-month share price estimate provided by 27 stock analysts who have covered GS. Price targets range from $420.2 at the low end to $661 at the high end. The current analyst consensus for GS is a buy. Please note analyst price targets are not guaranteed and could be missed completely.

GS Analyst Ratings

About 27 Wall Street analysts have assigned GS 10 buy ratings, 15 hold ratings, and 2 sell ratings. This means that analysts expect Goldman Sachs Group Inc-The to outperform the market. Keep in mind that these ratings are typically refreshed every quarter, underscoring the importance of conducting your own research on GS. Don't forget to include both technical and fundamental analysis, as well as staying informed on news that could influence these ratings, in your due diligence.

GS stock forecast by analyst

These are the latest 20 analyst ratings of GS.

Analyst/Firm

Rating

Price Target

Change

Date

Chris Kotowski
Oppenheimer

Outperform

$661

Maintains

Nov 5, 2024
Glenn Schorr
Evercore ISI Group

Outperform

$575

Maintains

Oct 16, 2024
Jason Goldberg
Barclays

Overweight

$588

Maintains

Oct 16, 2024
Betsy Graseck
Morgan Stanley

Overweight

$570

Maintains

Oct 16, 2024
Ebrahim Poonawala
B of A Securities

Buy

$575

Maintains

Oct 16, 2024
David Konrad
Keefe, Bruyette & Woods

Outperform

$570

Maintains

Oct 16, 2024
Chris Kotowski
Oppenheimer

Outperform

$614

Maintains

Oct 16, 2024
Kian Abouhossein
JP Morgan

Overweight

$520

Maintains

Oct 16, 2024
Devin Ryan
JMP Securities

Market Outperform

$550

Maintains

Oct 9, 2024
Brennan Hawken
UBS

Buy

$560

Maintains

Oct 8, 2024
Chris Kotowski
Oppenheimer

Outperform

$577

Maintains

Oct 2, 2024
Kian Abouhossein
JP Morgan

Overweight

$472

Maintains

Sep 9, 2024
Betsy Graseck
Morgan Stanley

Overweight

$561

Maintains

Jul 30, 2024
Gerard Cassidy
RBC Capital

Sector Perform

$500

Reiterates

Jul 30, 2024
James Fotheringham
BMO Capital

Market Perform

$373

Maintains

Jul 17, 2024
Jason Goldberg
Barclays

Overweight

$565

Maintains

Jul 16, 2024
Glenn Schorr
Evercore ISI Group

Outperform

$520

Maintains

Jul 16, 2024
Chris Kotowski
Oppenheimer

Outperform

$559

Maintains

Jul 16, 2024
Gerard Cassidy
RBC Capital

Sector Perform

$500

Maintains

Jul 16, 2024
Kian Abouhossein
JP Morgan

Overweight

$464

Maintains

Jul 16, 2024

GS Company Information

What They Do: Provides diverse financial services globally.

Business Model: The company operates through three main segments: Global Banking & Markets, Asset & Wealth Management, and Platform Solutions. It generates revenue by offering financial advisory, lending, asset management, and investment services, as well as credit cards and cash management solutions to a wide range of clients including corporations, governments, and individuals.

Other Information: Founded in 1869 and headquartered in New York, Goldman Sachs has a long history in the financial services industry and is known for its extensive expertise in investment banking and asset management.
GS
Goldman Sachs Group Inc-The (GS)

When did it IPO

1999

Staff Count

44,300

Country

United States

Sector/Industry

Financial Services/Capital Markets

CEO

Mr. David Solomon

Market Cap

$186.02B

Goldman Sachs Group Inc-The (GS) Financial Data

In 2023, GS generated $46.25B in revenue, which was a decrease of -2.35% from the previous year. This can be seen as a signal that GS's business is declining, and its share price could be worth less in the future. However, if the company grows faster (or slower) than expected, this could also have a major impact on the future share price.

Revenue From 2020

$44.56B

Revenue From 2021

$59.34B

33.17 %
From Previous Year

Revenue From 2022

$47.37B

-20.18 %
From Previous Year

Revenue From 2023

$46.25B

-2.35 %
From Previous Year
  • Revenue TTM $49.39B
  • Operating Margin TTM 32.7%
  • Gross profit TTM $0
  • Return on assets TTM 0.7%
  • Return on equity TTM 10.2%
  • Profit Margin 24.6%
  • Book Value Per Share 327.61%
  • Market capitalisation $186.02B
  • Revenue for 2021 $59.34B
  • Revenue for 2022 $47.37B
  • Revenue for 2023 $46.25B
  • EPS this year (TTM) $34.09

Goldman Sachs Group Inc-The (GS) Latest News

News Image

Tue, 12 Nov 2024

Sentiment - NEUTRAL

Source - Business Wire

Summary - Hamilton Reserve Bank appointed former Goldman Sachs executive Joshua Larson as Head of Investment Banking and Co-Head of Private Banking.

Why It Matters - Joshua Larson's appointment at Hamilton Reserve Bank signals a potential shift in investment strategies and client services, which could influence the bank's performance and investor confidence.

News Image

Fri, 08 Nov 2024

Sentiment - NEGATIVE

Source - Market Watch

Summary - The Trump administration is expected to negatively impact European economic growth and company earnings, while potentially benefiting the continent's defense sector.

Why It Matters - Potential European economic slowdown could lead to lower corporate earnings, impacting stock valuations, while defense sector growth represents a shift in investment opportunities.

News Image

Fri, 08 Nov 2024

Sentiment - NEUTRAL

Source - CNBC Television

Summary - Victoria Greene, CIO of G Squared Private Wealth, discussed Walmart, Goldman Sachs, Energy Transfer, and First Solar on CNBC's 'The Exchange.'

Why It Matters - Greene's insights on these stocks may influence market perceptions and investment strategies, potentially affecting stock prices and sector performance.

News Image

Fri, 08 Nov 2024

Sentiment - NEUTRAL

Source - CNBC Television

Summary - Scott Nations, president of Nations Indexes, appeared on CNBC's 'Power Lunch' to discuss Goldman Sachs, Tesla, and Vistra stocks.

Why It Matters - Insights from Scott Nations on Goldman Sachs, Tesla, and Vistra can influence investor sentiment, potentially impacting stock performance and market trends for these companies.

News Image

Thu, 07 Nov 2024

Sentiment - POSITIVE

Source - Reuters

Summary - Goldman Sachs promoted 95 bankers to partner ranks, with 26 women among them, as announced on Thursday.

Why It Matters - Goldman Sachs' promotion of 95 bankers, especially 26 women, signals strong performance and commitment to diversity, potentially enhancing reputation and attracting clients, impacting stock performance.

News Image

Wed, 06 Nov 2024

Sentiment - POSITIVE

Source - CNBC Television

Summary - Charles Bobrinskoy of Ariel Investments discusses current market gains and the movement of bond yields on 'The Exchange.' Investors may find insights on strategic investment opportunities.

Why It Matters - Insights from a key investment figure on market gains and bond yields can guide investor strategies and risk assessment, potentially impacting portfolio decisions and market trends.

...

GS Frequently asked questions

The highest forecasted price for GS is $661 from Chris Kotowski at Oppenheimer.

The lowest forecasted price for GS is $420.2 from from

The GS analyst ratings consensus are 10 buy ratings, 15 hold ratings, and 2 sell ratings.