The Goldman Sachs Group (NYSE:GS) Price Target Raised to $980.00

09 Jan 2026, 01:20 by Scott Moore · The Cerbat Gem

The Goldman Sachs Group (NYSE:GS – Free Report) had its price objective lifted by BMO Capital Markets from $785.00 to $980.00 in a research note published on Tuesday morning,MarketScreener reports. The firm currently has a market perform rating on the investment management company’s stock.

Several other equities research analysts also recently weighed in on the stock. Keefe, Bruyette & Woods increased their target price on shares of The Goldman Sachs Group from $870.00 to $971.00 and gave the company a “market perform” rating in a research note on Wednesday, December 17th. Rothschild & Co Redburn boosted their target price on The Goldman Sachs Group from $608.00 to $748.00 and gave the company a “neutral” rating in a research report on Friday, December 12th. Dbs Bank upped their target price on The Goldman Sachs Group from $800.00 to $890.00 and gave the company a “buy” rating in a research note on Thursday, November 13th. Daiwa Capital Markets raised their price target on The Goldman Sachs Group from $823.00 to $927.00 and gave the stock a “neutral” rating in a research note on Tuesday. Finally, Morgan Stanley dropped their price objective on The Goldman Sachs Group from $854.00 to $828.00 and set an “equal weight” rating for the company in a report on Wednesday, October 15th. Five analysts have rated the stock with a Buy rating, seventeen have given a Hold rating and one has issued a Sell rating to the company’s stock. According to MarketBeat.com, the stock currently has a consensus rating of “Hold” and an average target price of $849.61.

Read Our Latest Stock Analysis on The Goldman Sachs Group

The Goldman Sachs Group Price Performance

Shares of The Goldman Sachs Group stock opened at $934.21 on Tuesday. The stock has a market cap of $280.20 billion, a price-to-earnings ratio of 18.98, a price-to-earnings-growth ratio of 1.10 and a beta of 1.33. The company has a debt-to-equity ratio of 2.53, a quick ratio of 0.65 and a current ratio of 0.65. The stock has a 50 day moving average price of $849.32 and a 200-day moving average price of $781.13. The Goldman Sachs Group has a one year low of $439.38 and a one year high of $961.69.

The Goldman Sachs Group (NYSE:GS – Get Free Report) last released its quarterly earnings results on Tuesday, October 14th. The investment management company reported $12.25 earnings per share for the quarter, beating the consensus estimate of $10.27 by $1.98. The company had revenue of $15.18 billion for the quarter, compared to analyst estimates of $13.68 billion. The Goldman Sachs Group had a return on equity of 15.29% and a net margin of 13.18%.The Goldman Sachs Group’s quarterly revenue was up 19.5% compared to the same quarter last year. During the same quarter in the prior year, the firm posted $8.40 EPS. Equities analysts expect that The Goldman Sachs Group will post 47.12 EPS for the current year.

The Goldman Sachs Group Dividend Announcement

The firm also recently announced a quarterly dividend, which was paid on Tuesday, December 30th. Shareholders of record on Tuesday, December 2nd were given a dividend of $4.00 per share. The ex-dividend date of this dividend was Tuesday, December 2nd. This represents a $16.00 dividend on an annualized basis and a yield of 1.7%. The Goldman Sachs Group’s dividend payout ratio (DPR) is 32.50%.

Institutional Investors Weigh In On The Goldman Sachs Group

Several hedge funds have recently modified their holdings of GS. Brave Asset Management Inc. lifted its holdings in The Goldman Sachs Group by 36.2% during the fourth quarter. Brave Asset Management Inc. now owns 1,882 shares of the investment management company’s stock worth $1,654,000 after buying an additional 500 shares during the period. Norway Savings Bank increased its holdings in shares of The Goldman Sachs Group by 4.8% in the 4th quarter. Norway Savings Bank now owns 3,361 shares of the investment management company’s stock valued at $2,954,000 after acquiring an additional 155 shares during the period. Baker Tilly Wealth Management LLC bought a new position in shares of The Goldman Sachs Group in the 4th quarter worth $218,000. Fulton Bank N.A. lifted its stake in shares of The Goldman Sachs Group by 4.9% during the 4th quarter. Fulton Bank N.A. now owns 3,522 shares of the investment management company’s stock worth $3,096,000 after purchasing an additional 164 shares during the last quarter. Finally, Dagco Inc. bought a new stake in The Goldman Sachs Group during the fourth quarter valued at about $25,000. Hedge funds and other institutional investors own 71.21% of the company’s stock.

The Goldman Sachs Group News Summary

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

Positive Sentiment: Goldman Sachs led global M&A in 2025 with ~$1.48 trillion of deals, underscoring its top-tier investment banking position and potential fee momentum going into 2026. Goldman Sachs Tops Global M&A Dealmaking
Positive Sentiment: Discord filed confidentially for a U.S. IPO with Goldman Sachs named as an underwriter — a signal of incremental underwriting pipeline that could boost future investment banking revenue. Discord IPO Taps Goldman Sachs
Positive Sentiment: Life Sciences at Goldman Sachs Alternatives led an oversubscribed Series C for Beacon Therapeutics, highlighting GS’s alternatives business activity and fee/investment opportunities in private markets. Beacon Therapeutics Series C Led by Goldman Alternatives
Positive Sentiment: Several broker notes have raised price targets (Wells Fargo to $970; BMO/Jefferies/Daiwa favorable commentary), supporting near- to medium‑term upside expectations from some sell‑side analysts. Wells Fargo Boosts GS Price Target
Neutral Sentiment: Goldman published market outlooks (e.g., “lower but attractive” 2026 returns) and continues active research (raising TSMC and Rivian targets) — positive for its research/wealth positioning but with limited immediate P&L impact. Goldman Market Outlook Goldman Raises TSM Target
Negative Sentiment: Apple has agreed to transfer Apple Card issuance to JPMorgan. Goldman expects a one‑time Q4 EPS boost from reserve releases but will lose ongoing card revenue and take carve‑out charges — a negative structural shift for its consumer finance footprint. Apple Card Switching to JPMorgan
Negative Sentiment: Analysts expect GS may report a decline in upcoming earnings and highlight greater earnings volatility; this increases near‑term downside risk around the Q4 print (earnings expected Jan 15). Analysts Expect Earnings Decline
Negative Sentiment: JPMorgan’s note lifting GS’s PT to $775 but keeping a neutral rating implies perceived downside from current levels and reflects some analyst caution despite the recent rally. JPMorgan Raises PT to $775
Negative Sentiment: Commentary flags that CEO David Solomon faces the challenge of managing earnings volatility — a governance/operational risk investors are watching as markets reprice financials. Analyst on CEO Managing Earnings Volatility

About The Goldman Sachs Group

(Get Free Report)

The Goldman Sachs Group, Inc is a global investment banking and financial services firm headquartered in New York City. Founded in 1869 as a commercial paper business, the company has grown into a diversified financial institution that provides a broad range of services to corporations, financial institutions, governments and individuals. The firm is led by Chief Executive Officer David M. Solomon and operates across major financial centers worldwide.