The Goldman Sachs Group (NYSE:GS) Price Target Raised to $1,007.00

The Goldman Sachs Group (NYSE:GS – Free Report) had its price target increased by HSBC from $995.00 to $1,007.00 in a research report sent to investors on Monday, Marketbeat reports. HSBC currently has a hold rating on the investment management company’s stock.

A number of other analysts have also weighed in on the stock. JPMorgan Chase & Co. raised their price target on shares of The Goldman Sachs Group from $900.00 to $955.00 and gave the company a “neutral” rating in a report on Wednesday, July 15th. Rothschild & Co Redburn upped their price objective on The Goldman Sachs Group from $870.00 to $920.00 and gave the stock a “neutral” rating in a report on Thursday, June 25th. Citigroup decreased their price objective on The Goldman Sachs Group from $1,200.00 to $1,050.00 and set a “neutral” rating on the stock in a research report on Wednesday, September 23rd. Weiss Ratings raised The Goldman Sachs Group from a “hold (c+)” rating to a “buy (b-)” rating in a research note on Friday, September 25th. Finally, Zacks Research downgraded The Goldman Sachs Group from a “strong-buy” rating to a “hold” rating in a research report on Friday, September 18th. Ten research analysts have rated the stock with a Buy rating, twelve have issued a Hold rating and one has issued a Sell rating to the company’s stock. According to MarketBeat, the stock currently has an average rating of “Hold” and a consensus target price of $1,073.60.

View Our Latest Report on GS

The Goldman Sachs Group Stock Down 1.5%

Shares of NYSE GS opened at $902.04 on Monday. The Goldman Sachs Group has a 12-month low of $740.01 and a 12-month high of $1,153.99. The firm’s 50-day simple moving average is $1,010.01 and its 200 day simple moving average is $984.02. The company has a quick ratio of 0.63, a current ratio of 0.63 and a debt-to-equity ratio of 3.17. The company has a market cap of $262.65 billion, a price-to-earnings ratio of 13.92, a price-to-earnings-growth ratio of 0.92 and a beta of 1.29.

The Goldman Sachs Group (NYSE:GS – Get Free Report) last posted its quarterly earnings data on Tuesday, July 14th. The investment management company reported $20.98 earnings per share for the quarter, beating the consensus estimate of $14.47 by $6.51. The Goldman Sachs Group had a net margin of 15.53% and a return on equity of 19.16%. The firm had revenue of $20.34 billion during the quarter, compared to analysts’ expectations of $16.22 billion. During the same quarter last year, the company posted $10.91 EPS. The company’s quarterly revenue was up 39.4% compared to the same quarter last year. On average, research analysts expect that The Goldman Sachs Group will post 69.64 earnings per share for the current fiscal year.

The Goldman Sachs Group Increases Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Tuesday, September 29th. Shareholders of record on Tuesday, September 1st were paid a $5.00 dividend. The ex-dividend date of this dividend was Tuesday, September 1st. This is a boost from The Goldman Sachs Group’s previous quarterly dividend of $4.50. This represents a $20.00 dividend on an annualized basis and a yield of 2.2%. The Goldman Sachs Group’s payout ratio is 30.87%.

Institutional Trading of The Goldman Sachs Group

Several institutional investors and hedge funds have recently made changes to their positions in the business. Strive Financial Group LLC increased its holdings in The Goldman Sachs Group by 316.7% in the second quarter. Strive Financial Group LLC now owns 25 shares of the investment management company’s stock valued at $25,000 after purchasing an additional 19 shares during the last quarter. BOK Financial Private Wealth Inc. boosted its holdings in The Goldman Sachs Group by 188.9% during the second quarter. BOK Financial Private Wealth Inc. now owns 26 shares of the investment management company’s stock worth $26,000 after buying an additional 17 shares during the last quarter. Turim 21 Investimentos Ltda. acquired a new position in shares of The Goldman Sachs Group during the 1st quarter worth about $25,000. Steph & Co. acquired a new position in shares of The Goldman Sachs Group during the 1st quarter worth about $27,000. Finally, Lifetime Wealth Management P.C. bought a new stake in shares of The Goldman Sachs Group in the 4th quarter valued at about $29,000. Institutional investors own 71.21% of the company’s stock.

Key The Goldman Sachs Group News

Here are the key news stories impacting The Goldman Sachs Group this week:

  • Positive Sentiment: Goldman Sachs Private Credit Corp. received repurchase requests equal to approximately 2% of shares outstanding in the third quarter, down from 3.24% in the second quarter and 4.99% in the first. Remaining below the 5% withdrawal limit suggests comparatively strong investor retention and helps ease concerns about liquidity pressure across the non-traded BDC industry. Goldman Sachs private credit BDC redemptions come in below 5% again in Q3
  • Positive Sentiment: The firm is making its roughly $100 billion Financial Square Treasury Instruments Fund available to crypto firms through Lynq, a private Avalanche-based settlement network. The move could expand distribution and reinforce Goldman’s role in institutional digital-asset infrastructure, although the immediate financial impact is unclear. Goldman Sachs moves $100B Treasury fund onto digital asset rails
  • Neutral Sentiment: Analysts expect third-quarter earnings of approximately $15.39 per share on $17.42 billion in revenue, with results scheduled for October 13. Expectations for double-digit profit growth provide a potential catalyst, but they also raise the risk of disappointment if trading and investment-banking results fall short. Goldman Sachs earnings forecasts ahead of earnings call
  • Negative Sentiment: Reports that the board has discussed COO and President John Waldron succeeding CEO David Solomon as early as late 2027 or 2028 are creating uncertainty over timing, strategy and executive continuity. The possibility that Solomon may not be ready to leave—or that Waldron may not wait indefinitely—adds to succession risk despite Waldron being viewed as the likely successor. Goldman Sachs CEO succession planning faces one big problem
  • Negative Sentiment: GS has recently underperformed the broader market, reflecting investor caution after a strong earnings period and continued sensitivity to market conditions. Its relatively high leverage and position below its 50-day moving average may be reinforcing near-term selling pressure. Here’s Why Goldman Sachs Fell More Than Broader Market

The Goldman Sachs Group Company Profile

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The Goldman Sachs Group, Inc is a global financial services company headquartered in New York City. Founded in 1869, the firm provides services to corporations, financial institutions, governments, individuals and other clients through its investment banking, markets, asset management and wealth management businesses.

Goldman Sachs advises clients on mergers and acquisitions, financing and other strategic transactions, and facilitates trading in equities, fixed income, currencies and commodities.

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