The Goldman Sachs Group (NYSE:GS) Price Target Raised to $940.00
by Doug Wharley · The Cerbat GemThe Goldman Sachs Group (NYSE:GS – Get Free Report) had its target price upped by research analysts at UBS Group from $930.00 to $940.00 in a research report issued on Wednesday,MarketScreener reports. UBS Group’s target price suggests a potential upside of 0.82% from the company’s current price.
A number of other analysts have also recently commented on GS. Autonomous Res dropped their price target on shares of The Goldman Sachs Group from $1,047.00 to $960.00 and set an “outperform” rating on the stock in a research note on Thursday, January 15th. Morgan Stanley reduced their price objective on shares of The Goldman Sachs Group from $1,078.00 to $1,021.00 and set an “equal weight” rating for the company in a research note on Tuesday, March 31st. HSBC boosted their target price on shares of The Goldman Sachs Group from $729.00 to $765.00 in a report on Monday. Keefe, Bruyette & Woods raised their price target on The Goldman Sachs Group from $971.00 to $1,000.00 and gave the stock a “market perform” rating in a report on Friday, January 16th. Finally, Daiwa Securities Group lifted their price target on The Goldman Sachs Group from $891.00 to $930.00 and gave the company a “neutral” rating in a research report on Tuesday. Nine analysts have rated the stock with a Buy rating and thirteen have given a Hold rating to the company’s stock. According to data from MarketBeat, the stock has a consensus rating of “Hold” and an average price target of $926.76.
The Goldman Sachs Group Stock Performance
The Goldman Sachs Group stock traded down $5.04 during midday trading on Wednesday, reaching $932.31. The stock had a trading volume of 116,937 shares, compared to its average volume of 2,300,769. The Goldman Sachs Group has a 12 month low of $558.21 and a 12 month high of $984.70. The firm’s 50-day moving average price is $870.11 and its 200 day moving average price is $869.90. The firm has a market capitalization of $275.04 billion, a PE ratio of 17.04, a P/E/G ratio of 1.18 and a beta of 1.28. The company has a quick ratio of 0.66, a current ratio of 0.63 and a debt-to-equity ratio of 2.89.
The Goldman Sachs Group (NYSE:GS – Get Free Report) last released its quarterly earnings data on Monday, April 13th. The investment management company reported $17.55 EPS for the quarter, beating the consensus estimate of $15.92 by $1.63. The business had revenue of $17.23 billion for the quarter, compared to the consensus estimate of $16.66 billion. The Goldman Sachs Group had a net margin of 14.13% and a return on equity of 16.53%. The company’s revenue was up 14.4% compared to the same quarter last year. During the same period in the prior year, the firm earned $14.12 earnings per share. As a group, research analysts predict that The Goldman Sachs Group will post 59.53 earnings per share for the current fiscal year.
Insider Transactions at The Goldman Sachs Group
In other The Goldman Sachs Group news, CFO Denis P. Coleman sold 11,623 shares of the firm’s stock in a transaction dated Monday, February 9th. The stock was sold at an average price of $941.57, for a total transaction of $10,943,868.11. Following the sale, the chief financial officer owned 29,342 shares in the company, valued at $27,627,546.94. This trade represents a 28.37% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is available at this hyperlink. Also, EVP John F.W. Rogers sold 13,151 shares of The Goldman Sachs Group stock in a transaction dated Wednesday, February 11th. The stock was sold at an average price of $959.03, for a total value of $12,612,203.53. Following the sale, the executive vice president directly owned 39,007 shares of the company’s stock, valued at approximately $37,408,883.21. This trade represents a 25.21% decrease in their position. The disclosure for this sale is available in the SEC filing. Insiders sold 42,302 shares of company stock worth $39,938,686 in the last three months. Insiders own 0.55% of the company’s stock.
Institutional Trading of The Goldman Sachs Group
A number of hedge funds have recently bought and sold shares of the company. Dagco Inc. purchased a new position in shares of The Goldman Sachs Group during the fourth quarter worth approximately $25,000. Garton & Associates Financial Advisors LLC purchased a new stake in shares of The Goldman Sachs Group in the 4th quarter valued at $26,000. Manning & Napier Advisors LLC grew its holdings in shares of The Goldman Sachs Group by 287.5% during the 4th quarter. Manning & Napier Advisors LLC now owns 31 shares of the investment management company’s stock valued at $27,000 after purchasing an additional 23 shares during the last quarter. Steph & Co. bought a new position in shares of The Goldman Sachs Group during the 1st quarter valued at $27,000. Finally, Lifetime Wealth Management P.C. purchased a new position in The Goldman Sachs Group in the 4th quarter worth $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 is a founding investor/partner in a new $1.5B Anthropic-led enterprise AI services firm (with Blackstone and others) that gives GS distribution into mid‑market/private‑equity portfolios and could create recurring AI services revenue and deeper client relationships. Anthropic and Wall Street Giants Join Forces to Create New A.I. Firm
- Positive Sentiment: Coverage of Goldman’s broader AI pivot (Anthropic venture + firmwide tech overhaul) reinforces expectations for revenue mix improvement and efficiency gains over time—supporting upside to EPS forecasts. Goldman’s AI Pivot: Reshaping Revenues, Operations & Long-Term Growth
- Positive Sentiment: Recent quarterly results beat consensus (Q1 EPS $17.55 vs. $15.92 est.; revenue $17.23B) — a reminder that trading, asset management and fee businesses remain profitable drivers. The Goldman Sachs Group Trading Update
- Neutral Sentiment: Daiwa raised its GS price target to $930 but kept a neutral stance, a modest valuation tweak that signals limited near‑term upside from that shop. Daiwa Securities Adjusts Price Target on Goldman Sachs
- Neutral Sentiment: Management adjustments (new members to GS’s management committee, CAO named) are operationally relevant but not immediate earnings drivers. Goldman Sachs Adds Members to Management Committee
- Negative Sentiment: Insider selling: Chief Accounting Officer Sheara J. Fredman sold 10,301 shares (~61.9% reduction of her holding) in an SEC filing — a notable disclosed sale that can be perceived as a near‑term negative despite common non‑informational motives for executive sales. Insider Sale: Sheara J. Fredman
- Negative Sentiment: Some sell‑side friction remains: firms like HSBC continue to carry conservative ratings/targets on GS, highlighting lingering valuation and macro risks that cap enthusiasm. HSBC Adjusts Price Target on Goldman Sachs
The Goldman Sachs Group Company Profile
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.
Goldman Sachs’ core businesses include investment banking, global markets, asset and wealth management, and consumer banking.