S&P 500   4,210.24 (+2.13%)
DOW   33,309.51 (+1.63%)
QQQ   325.93 (+2.79%)
AAPL   169.24 (+2.62%)
MSFT   289.16 (+2.43%)
META   178.34 (+5.82%)
GOOGL   119.70 (+2.63%)
AMZN   142.69 (+3.53%)
TSLA   883.07 (+3.89%)
NVDA   180.97 (+5.92%)
NIO   20.05 (+4.59%)
BABA   92.43 (+1.36%)
AMD   99.05 (+3.67%)
MU   61.40 (+3.80%)
T   18.01 (-0.50%)
CGC   3.29 (+14.63%)
GE   77.14 (+2.95%)
F   15.50 (+2.04%)
DIS   112.43 (+3.98%)
AMC   23.67 (+5.43%)
PYPL   98.91 (+4.69%)
PFE   49.95 (+0.34%)
NFLX   244.11 (+6.16%)
S&P 500   4,210.24 (+2.13%)
DOW   33,309.51 (+1.63%)
QQQ   325.93 (+2.79%)
AAPL   169.24 (+2.62%)
MSFT   289.16 (+2.43%)
META   178.34 (+5.82%)
GOOGL   119.70 (+2.63%)
AMZN   142.69 (+3.53%)
TSLA   883.07 (+3.89%)
NVDA   180.97 (+5.92%)
NIO   20.05 (+4.59%)
BABA   92.43 (+1.36%)
AMD   99.05 (+3.67%)
MU   61.40 (+3.80%)
T   18.01 (-0.50%)
CGC   3.29 (+14.63%)
GE   77.14 (+2.95%)
F   15.50 (+2.04%)
DIS   112.43 (+3.98%)
AMC   23.67 (+5.43%)
PYPL   98.91 (+4.69%)
PFE   49.95 (+0.34%)
NFLX   244.11 (+6.16%)
S&P 500   4,210.24 (+2.13%)
DOW   33,309.51 (+1.63%)
QQQ   325.93 (+2.79%)
AAPL   169.24 (+2.62%)
MSFT   289.16 (+2.43%)
META   178.34 (+5.82%)
GOOGL   119.70 (+2.63%)
AMZN   142.69 (+3.53%)
TSLA   883.07 (+3.89%)
NVDA   180.97 (+5.92%)
NIO   20.05 (+4.59%)
BABA   92.43 (+1.36%)
AMD   99.05 (+3.67%)
MU   61.40 (+3.80%)
T   18.01 (-0.50%)
CGC   3.29 (+14.63%)
GE   77.14 (+2.95%)
F   15.50 (+2.04%)
DIS   112.43 (+3.98%)
AMC   23.67 (+5.43%)
PYPL   98.91 (+4.69%)
PFE   49.95 (+0.34%)
NFLX   244.11 (+6.16%)
S&P 500   4,210.24 (+2.13%)
DOW   33,309.51 (+1.63%)
QQQ   325.93 (+2.79%)
AAPL   169.24 (+2.62%)
MSFT   289.16 (+2.43%)
META   178.34 (+5.82%)
GOOGL   119.70 (+2.63%)
AMZN   142.69 (+3.53%)
TSLA   883.07 (+3.89%)
NVDA   180.97 (+5.92%)
NIO   20.05 (+4.59%)
BABA   92.43 (+1.36%)
AMD   99.05 (+3.67%)
MU   61.40 (+3.80%)
T   18.01 (-0.50%)
CGC   3.29 (+14.63%)
GE   77.14 (+2.95%)
F   15.50 (+2.04%)
DIS   112.43 (+3.98%)
AMC   23.67 (+5.43%)
PYPL   98.91 (+4.69%)
PFE   49.95 (+0.34%)
NFLX   244.11 (+6.16%)
NYSE:GS

The Goldman Sachs Group - GS Stock Forecast, Price & News

$347.91
+11.29 (+3.35%)
(As of 08/10/2022 12:00 AM ET)
Add
Compare
Today's Range
$341.35
$349.70
50-Day Range
$279.79
$336.62
52-Week Range
$277.84
$426.16
Volume
2.43 million shs
Average Volume
2.92 million shs
Market Capitalization
$118.76 billion
P/E Ratio
7.87
Dividend Yield
2.38%
Price Target
$413.92

The Goldman Sachs Group MarketRank™ Forecast

Analyst Rating
Moderate Buy
2.62 Rating Score
Upside/​Downside
19.0% Upside
$413.92 Price Target
Short Interest
Healthy
1.54% of Float Sold Short
Dividend Strength
Moderate
Based on Four Factors
Sustainability
-0.60
Upright™ Environmental Score
News Sentiment
0.10mentions of The Goldman Sachs Group in the last 14 days
Based on 40 Articles This Week
Insider Trading
Selling Shares
$25.68 M Sold Last Quarter
Proj. Earnings Growth
12.88%
From $34.48 to $38.92 Per Share

Overall MarketRank

MarketRank is calculated as an average of available category scores, with extra weight given to analysis and valuation.

3.08 out of 5 stars

Finance Sector

91st out of 904 stocks

Security Brokers & Dealers Industry

4th out of 25 stocks

GS stock logo

About The Goldman Sachs Group (NYSE:GS) Stock

The Goldman Sachs Group, Inc., a financial institution, provides a range of financial services for corporations, financial institutions, governments, and individuals worldwide. It operates through four segments: Investment Banking, Global Markets, Asset Management, and Consumer & Wealth Management. The company's Investment Banking segment provides financial advisory services, including strategic advisory assignments related to mergers and acquisitions, divestitures, corporate defense activities, restructurings, and spin-offs; and middle-market lending, relationship lending, and acquisition financing, as well as transaction banking services. This segment also offers underwriting services, such as equity underwriting for common and preferred stock and convertible and exchangeable securities; and debt underwriting for various types of debt instruments, including investment-grade and high-yield debt, bank and bridge loans, and emerging-and growth-market debt, as well as originates structured securities. Its Global Markets segment is involved in client execution activities for cash and derivative instruments; credit and interest rate products; and provision of equity intermediation and equity financing, clearing, settlement, and custody services, as well as mortgages, currencies, commodities, and equities related products. The company's Asset Management segment manages assets across various classes, including equity, fixed income, hedge funds, credit funds, private equity, real estate, currencies, and commodities; and provides customized investment advisory solutions, as well as invests in corporate, real estate, and infrastructure entities. Its Consumer & Wealth Management segment offers wealth advisory and banking services, including financial planning, investment management, deposit taking, and lending; private banking; and unsecured loans, as well as accepts saving and time deposits. The company was founded in 1869 and is headquartered in New York, New York.

Analysts Set New Price Targets

Several equities research analysts have weighed in on GS shares. Morgan Stanley cut their price target on The Goldman Sachs Group from $418.00 to $354.00 and set an "equal weight" rating on the stock in a report on Tuesday, July 12th. Citigroup cut their price target on The Goldman Sachs Group from $400.00 to $360.00 in a report on Tuesday, July 12th. Piper Sandler cut their price target on The Goldman Sachs Group from $430.00 to $410.00 and set an "overweight" rating on the stock in a report on Friday, July 1st. Bank of America upgraded The Goldman Sachs Group from a "neutral" rating to a "buy" rating and upped their price target for the stock from $360.00 to $380.00 in a report on Wednesday, June 29th. Finally, Wells Fargo & Company dropped their price objective on The Goldman Sachs Group from $420.00 to $380.00 and set an "overweight" rating on the stock in a report on Friday, July 1st. Six equities research analysts have rated the stock with a hold rating and eight have assigned a buy rating to the company's stock. According to data from MarketBeat.com, The Goldman Sachs Group has a consensus rating of "Moderate Buy" and a consensus price target of $413.92.

The Goldman Sachs Group Trading Up 0.6 %

NYSE:GS opened at $336.62 on Wednesday. The Goldman Sachs Group has a 52-week low of $277.84 and a 52-week high of $426.16. The stock's 50 day moving average price is $307.20 and its 200 day moving average price is $323.47. The company has a quick ratio of 0.87, a current ratio of 0.87 and a debt-to-equity ratio of 2.34. The company has a market capitalization of $114.91 billion, a PE ratio of 7.61, a P/E/G ratio of 0.76 and a beta of 1.39.

The Goldman Sachs Group (NYSE:GS - Get Rating) last issued its quarterly earnings data on Monday, July 18th. The investment management company reported $7.73 earnings per share (EPS) for the quarter, topping the consensus estimate of $6.61 by $1.12. The firm had revenue of $11.86 billion during the quarter, compared to analysts' expectations of $10.70 billion. The Goldman Sachs Group had a return on equity of 15.89% and a net margin of 27.75%. The Goldman Sachs Group's revenue was down 22.9% on a year-over-year basis. During the same period in the previous year, the firm posted $15.02 earnings per share. On average, research analysts anticipate that The Goldman Sachs Group will post 34.48 EPS for the current year.

The Goldman Sachs Group Announces Dividend

The firm also recently disclosed a dividend, which will be paid on Wednesday, August 10th. Stockholders of record on Tuesday, July 26th will be given a $2.50 dividend. The ex-dividend date of this dividend is Monday, July 25th. The Goldman Sachs Group's dividend payout ratio is currently 18.09%.

Insider Activity

In other news, Director Goldman Sachs Group Inc sold 13,818 shares of The Goldman Sachs Group stock in a transaction on Monday, May 23rd. The stock was sold at an average price of $19.18, for a total value of $265,029.24. Following the completion of the sale, the director now owns 2,910,205 shares of the company's stock, valued at $55,817,731.90. The sale was disclosed in a document filed with the SEC, which is available through the SEC website. Insiders sold a total of 1,320,622 shares of company stock valued at $25,684,252 over the last quarter. Company insiders own 0.57% of the company's stock.

Receive GS Stock News and Ratings via Email

Sign-up to receive the latest news and ratings for The Goldman Sachs Group and its competitors with MarketBeat's FREE daily newsletter.

GS Stock News Headlines

EXPLAINER: How do we know when a recession has begun?
The U.S. economy has contracted for two straight quarters, intensifying fears that it is on the cusp of a recession, if not already in one, barely two years after the pandemic downturn officially ended
Banks far from hitting Paris climate targets, groups warn
Many of the world's biggest banks are falling far short of aligning their practices with the Paris Agreement goal of limiting the Earth's warming to 1.5 degrees Celsius above pre-industrial levels, a new report warns
Rishi Sunak, heir apparent who ran afoul of Boris Johnson
Former Treasury chief Rishi Sunak is one of two finalists in the race to replace Boris Johnson as Britain's prime minister
Wall Street's slowdown cuts into Goldman's 2Q profits
Investment banking giant Goldman Sachs saw its second-quarter profits fall nearly half from a year ago, as the markets turmoil and warnings of a possible recession caused the bank’s deal-making business to slow down considerably
Johnson & Johnson Continues to Prove its Value in a Volatile Year (GS)
Johnson & Johnson is scheduled to release its second quarter earnings report on July 19, 2022. Low single-digit growth may not do much to excite investors. But in this article, we’ll take a closer look at the reasons why investors should consider adding JNJ stock to their bear market portfolio
Freshpet PT Lowered to $79 at Goldman Sachs
See More Headlines
Receive GS Stock News and Ratings via Email

Sign-up to receive the latest news and ratings for The Goldman Sachs Group and its competitors with MarketBeat's FREE daily newsletter.

GS Company Calendar

Last Earnings
7/18/2022
Ex-Dividend for 8/10 Dividend
7/25/2022
Today
8/10/2022
Dividend Payable
8/10/2022
Ex-Dividend for 9/29 Dividend
8/31/2022
Dividend Payable
9/29/2022
Next Earnings (Estimated)
10/21/2022
Fiscal Year End
12/31/2022

Industry, Sector and Symbol

Industry
Security brokers & dealers
Sub-Industry
Investment Banking & Brokerage
Sector
Finance
CUSIP
38141G10
Employees
43,900
Year Founded
1869

Price Target and Rating

Average Stock Price Forecast
$413.92
High Stock Price Forecast
$519.00
Low Stock Price Forecast
$354.00
Forecasted Upside/Downside
+19.0%
Consensus Rating
Moderate Buy
Rating Score (0-4)
2.62
Research Coverage
13 Analysts

Profitability

Net Income
$21.64 billion
Pretax Margin
34.41%

Debt

Sales & Book Value

Annual Sales
$64.99 billion
Cash Flow
$73.40 per share
Book Value
$296.37 per share

Miscellaneous

Free Float
339,410,000
Market Cap
$118.76 billion
Optionable
Optionable
Beta
1.39

Social Links