The Goldman Sachs Group (GS) Stock Forecast & Price Target

$606.18 -6.12 (-1.00%)

As of 03:58 PM Eastern

The Goldman Sachs Group - Analysts' Recommendations and Stock Price Forecast (2025)

MarketBeat calculates consensus analyst ratings for stocks using the most recent rating from each Wall Street analyst that has rated a stock within the last twelve months. Each analyst's rating is normalized to a standardized rating score of 1 (sell), 2 (hold), 3 (buy) or 4 (strong buy). Analyst consensus ratings scores are calculated using the mean average of the number of normalized sell, hold, buy and strong buy ratings from Wall Street analysts. Each stock's consensus analyst rating is derived from its calculated consensus ratings score (0 to .5 = Strong Sell, .5 to 1 = Sell, 1 to 1.5 = Reduce, 1.5 to 2.5 = Hold, 2.5 to 3.0 = Moderate Buy, 3.0 to 3.5 = Buy, >3.5 = Strong Buy). MarketBeat's consensus price targets are a mean average of the most recent available price targets set by each analyst that has set a price target for the stock in the last twelve months. MarketBeat's consensus ratings and consensus price targets may differ from those calculated by other firms due to differences in methodology and available data.

Consensus Rating

Hold

Based on 19 Analyst Ratings

Sell
0

Hold
13

Buy
6

Based on 19 Wall Street analysts who have issued ratings for The Goldman Sachs Group in the last 12 months, the stock has a consensus rating of "Hold." Out of the 19 analysts, 13 have given a hold rating, and 6 have given a buy rating for GS.

Consensus Price Target

$593.40
-2.11% Downside

According to the 19 analysts' twelve-month price targets for The Goldman Sachs Group, the average price target is $593.40. The highest price target for GS is $720.00, while the lowest price target for GS is $373.00. The average price target represents a forecasted downside of -2.11% from the current price of $606.18.

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GS Analyst Ratings Over Time

Type	Current Forecast 5/20/24 to 5/20/25	1 Month Ago 4/20/24 to 4/20/25	3 Months Ago 2/20/24 to 2/19/25	1 Year Ago 5/21/23 to 5/20/24
Strong Buy	0 Strong Buy rating(s)	0 Strong Buy rating(s)	0 Strong Buy rating(s)	0 Strong Buy rating(s)
Buy	6 Buy rating(s)	6 Buy rating(s)	12 Buy rating(s)	16 Buy rating(s)
Hold	13 Hold rating(s)	13 Hold rating(s)	8 Hold rating(s)	5 Hold rating(s)
Sell	0 Sell rating(s)	0 Sell rating(s)	0 Sell rating(s)	0 Sell rating(s)
Consensus Price Target	$593.40	$593.40	$593.56	$440.57
Forecasted Upside	-2.11% Downside	16.39% Upside	-11.15% Downside	-4.80% Downside
Consensus Rating	Hold	Hold	Moderate Buy	Moderate Buy

GS Analyst Recommendations By Month

The chart below shows how a company's ratings by analysts have changed over time. Each bar represents the previous year of ratings for that month. Within each bar, the sell ratings are shown in red, the hold ratings are shown in yellow, the buy ratings are shown in green, and the strong buy ratings are shown in dark green.

GS Price Targets by Month

The chart below shows how a company's share price and consensus price target have changed over time. The dark blue line represents the company's actual price. The lighter blue line represents the stock's consensus price target. The even lighter blue range in the background of the two lines represents the low price target and the high price target for each stock.

The Goldman Sachs Group Stock vs. The Competition

Type	The Goldman Sachs Group	Finance Companies	S&P 500
Consensus Rating Score	2.32	2.53	2.54
Consensus Rating	Hold	Moderate Buy	Moderate Buy
Predicted Upside	-2.11% Downside	26.40% Upside	13.03% Upside
News Sentiment Rating	Positive News See Recent GS News	Positive News	Positive News

Recent Analyst Forecasts and Stock Ratings

Rating

Upside/Downside

Action

Time Frame

Start Date

End Date

Show

Export to Excel

Date	Brokerage	Analyst Name	Action	Rating	Price Target	Upside/Downside on Report Date
4/15/2025	Royal Bank of Canada 3 of 5 stars	Gerard Cassidy Subscribe to MarketBeat All Access for the recommendation accuracy rating	Lower Target	Sector Perform ➝ Sector Perform	$610.00 ➝ $560.00	+8.62%
4/15/2025	Wells Fargo & Company 3 of 5 stars	Mike Mayo Subscribe to MarketBeat All Access for the recommendation accuracy rating	Lower Target	Overweight ➝ Overweight	$680.00 ➝ $650.00	+27.03%
4/15/2025	Barclays 3 of 5 stars	Jason Goldberg Subscribe to MarketBeat All Access for the recommendation accuracy rating	Lower Target	Overweight ➝ Overweight	$760.00 ➝ $720.00	+42.92%
4/8/2025	JMP Securities Subscribe to MarketBeat All Access for the recommendation accuracy rating	Devin Ryan Subscribe to MarketBeat All Access for the recommendation accuracy rating	Lower Target	Market Outperform ➝ Market Outperform	$625.00 ➝ $600.00	+28.25%
4/7/2025	Morgan Stanley Subscribe to MarketBeat All Access for the recommendation accuracy rating	Betsy Graseck Subscribe to MarketBeat All Access for the recommendation accuracy rating	Set Target	Overweight ➝ Equal Weight	$558.00	+18.83%
4/4/2025	Daiwa America Subscribe to MarketBeat All Access for the recommendation accuracy rating	K. Nishimura Subscribe to MarketBeat All Access for the recommendation accuracy rating	Downgrade	Strong-Buy ➝ Hold
4/4/2025	Daiwa Capital Markets Subscribe to MarketBeat All Access for the recommendation accuracy rating		Downgrade	Outperform ➝ Neutral	$560.00	+9.64%
4/3/2025	JPMorgan Chase & Co. Subscribe to MarketBeat All Access for the recommendation accuracy rating	Kian Abouhossein Subscribe to MarketBeat All Access for the recommendation accuracy rating	Lower Target	Overweight ➝ Overweight	$625.00 ➝ $614.00	+8.82%
4/1/2025	Evercore ISI Subscribe to MarketBeat All Access for the recommendation accuracy rating	Glenn Schorr Subscribe to MarketBeat All Access for the recommendation accuracy rating	Lower Target	Outperform ➝ Outperform	$660.00 ➝ $594.00	+10.37%
3/24/2025	Citigroup Subscribe to MarketBeat All Access for the recommendation accuracy rating	Keith Horowitz Subscribe to MarketBeat All Access for the recommendation accuracy rating	Lower Target	Neutral ➝ Neutral	$585.00 ➝ $550.00	-5.32%
Get the Latest News and Ratings for GS and Related Stocks Enter your email address below to receive the latest news and analysts' ratings for The Goldman Sachs Group and its competitors with MarketBeat's FREE daily newsletter.
3/19/2025	Oppenheimer Subscribe to MarketBeat All Access for the recommendation accuracy rating	Chris Kotowski Subscribe to MarketBeat All Access for the recommendation accuracy rating	Downgrade	Outperform ➝ Market Perform
2/27/2025	Keefe, Bruyette & Woods Subscribe to MarketBeat All Access for the recommendation accuracy rating	D. Konrad Subscribe to MarketBeat All Access for the recommendation accuracy rating	Downgrade	Outperform ➝ Market Perform	$690.00 ➝ $660.00	+6.79%
1/21/2025	UBS Group Subscribe to MarketBeat All Access for the recommendation accuracy rating	B. Hawken Subscribe to MarketBeat All Access for the recommendation accuracy rating	Boost Target	Neutral ➝ Neutral	$610.00 ➝ $640.00	+3.26%
11/26/2024	Hsbc Global Res Subscribe to MarketBeat All Access for the recommendation accuracy rating	S. Martinez Subscribe to MarketBeat All Access for the recommendation accuracy rating	Downgrade	Strong-Buy ➝ Hold
11/26/2024	HSBC Subscribe to MarketBeat All Access for the recommendation accuracy rating		Downgrade	Buy ➝ Hold	$569.00 ➝ $608.00	+0.82%
10/16/2024	Bank of America Subscribe to MarketBeat All Access for the recommendation accuracy rating		Boost Target	Buy ➝ Buy	$563.00 ➝ $575.00	+10.03%
9/18/2024	Wolfe Research Subscribe to MarketBeat All Access for the recommendation accuracy rating	S. Chubak Subscribe to MarketBeat All Access for the recommendation accuracy rating	Upgrade	Hold
7/17/2024	BMO Capital Markets Subscribe to MarketBeat All Access for the recommendation accuracy rating		Boost Target	Market Perform ➝ Market Perform	$360.00 ➝ $373.00	-26.29%
7/2/2024	Seaport Res Ptn Subscribe to MarketBeat All Access for the recommendation accuracy rating	J. Mitchell Subscribe to MarketBeat All Access for the recommendation accuracy rating	Downgrade	Strong-Buy ➝ Hold
4/16/2024	Argus Subscribe to MarketBeat All Access for the recommendation accuracy rating		Upgrade	Hold ➝ Buy	$465.00	+16.03%
2/27/2024	Edward Jones Subscribe to MarketBeat All Access for the recommendation accuracy rating		Initiated Coverage	Buy
8/1/2023	Atlantic Securities Subscribe to MarketBeat All Access for the recommendation accuracy rating		Upgrade	Underweight ➝ Neutral	$330.00 ➝ $351.00	-1.37%
7/20/2023	Credit Suisse Group Subscribe to MarketBeat All Access for the recommendation accuracy rating		Reiterated Rating	Outperform ➝ Outperform	$410.00	+20.39%
7/13/2023	Odeon Capital Group Subscribe to MarketBeat All Access for the recommendation accuracy rating		Upgrade	Hold ➝ Buy	$355.75	+8.99%
7/10/2023	Societe Generale Subscribe to MarketBeat All Access for the recommendation accuracy rating		Downgrade	Buy ➝ Hold

Analyst ratings data on MarketBeat is provided by Benzinga and other data providers. This page was last refreshed on Tuesday at 10:38 PM ET.

Should I Buy The Goldman Sachs Group Stock? GS Pros and Cons Explained

These pros and cons were generated based on recent news and financial data from MarketBeat in order to provide readers with the fastest and most accurate insights. They were last updated on Thursday, May 15, 2025. Please send any questions or comments about these The Goldman Sachs Group pros and cons to contact@marketbeat.com.

The Goldman Sachs Group
Bull Case

Here are some ways that investors could benefit from investing in The Goldman Sachs Group, Inc.:

The Goldman Sachs Group, Inc. reported a strong earnings per share (EPS) of $14.12 for the latest quarter, significantly exceeding analyst expectations, which indicates robust financial performance.
The firm has a solid return on equity of 13.30%, suggesting effective management and profitability in generating returns for shareholders.
With a recent quarterly dividend of $3.00, translating to an annualized dividend of $12.00, the company offers a competitive dividend yield of approximately 1.96%, providing income to investors.
Recent insider buying activity, with a director purchasing shares at a significant investment, can signal confidence in the company's future performance.
The current stock price is around $511.68, which may present a buying opportunity for investors looking to enter at a favorable valuation.

The Goldman Sachs Group
Bear Case

Investors should be bearish about investing in The Goldman Sachs Group, Inc. for these reasons:

Despite strong earnings, the stock has faced price target reductions from several analysts, indicating potential concerns about future growth prospects.
The company has a relatively low insider ownership of 0.55%, which may suggest a lack of alignment between management and shareholder interests.
With a dividend payout ratio of 27.85%, while sustainable, it may limit the company's ability to reinvest in growth opportunities.
Thirteen analysts have rated the stock as a hold, which may indicate a lack of strong bullish sentiment in the market.
Recent fluctuations in the stock price could reflect broader market volatility, which may pose risks for investors looking for stability.

GS Forecast - Frequently Asked Questions

: According to the research reports of 19 Wall Street equities research analysts, the average twelve-month stock price forecast for The Goldman Sachs Group is $593.40, with a high forecast of $720.00 and a low forecast of $373.00.
: 19 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for The Goldman Sachs Group in the last twelve months. There are currently 13 hold ratings and 6 buy ratings for the stock. The consensus among Wall Street research analysts is that investors should "hold" GS shares. A hold rating indicates that analysts believe investors should maintain any existing positions they have in GS, but not buy additional shares or sell existing shares.
: According to analysts, The Goldman Sachs Group's stock has a predicted downside of -2.11% based on their 12-month stock forecasts.
: Over the previous 90 days, The Goldman Sachs Group's stock had 4 downgrades by analysts.
: The Goldman Sachs Group has been rated by research analysts at Barclays, Citigroup, Daiwa America, Daiwa Capital Markets, Evercore ISI, JMP Securities, JPMorgan Chase & Co., Keefe, Bruyette & Woods, Morgan Stanley, Oppenheimer, Royal Bank of Canada, and Wells Fargo & Company in the past 90 days.
: The Goldman Sachs Group also publishes sell-side equities research reports and recommendations about other companies, which can be viewed at its brokerage rating page.
: Analysts like The Goldman Sachs Group less than other "finance" companies. The consensus rating for The Goldman Sachs Group is Hold while the average consensus rating for "finance" companies is Moderate Buy. Learn more on how GS compares to other companies.

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This page (NYSE:GS) was last updated on 5/20/2025 by MarketBeat.com Staff

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The Goldman Sachs Group (GS) Stock Forecast & Price Target