The Goldman Sachs Group (NYSE:GS) Stock Price Expected to Rise, HSBC Analyst Says

The Goldman Sachs Group (NYSE:GS) had its target price lifted by equities research analysts at HSBC from $995.00 to $1,007.00 in a research note issued to investors on Monday, MarketBeat.com reports. The firm currently has a “hold” rating on the investment management company’s stock. HSBC’s price target suggests a potential upside of 9.89% from the stock’s previous close.

Other equities analysts have also recently issued research reports about the company. UBS Group boosted their price objective on The Goldman Sachs Group from $1,120.00 to $1,150.00 and gave the company a “neutral” rating in a report on Monday, August 3rd. Keefe, Bruyette & Woods boosted their price target on The Goldman Sachs Group from $1,050.00 to $1,130.00 and gave the company a “market perform” rating in a report on Wednesday, July 15th. Jefferies Financial Group set a $1,299.00 price objective on shares of The Goldman Sachs Group in a research note on Wednesday, July 15th. Wall Street Zen cut shares of The Goldman Sachs Group from a “buy” rating to a “hold” rating in a research note on Sunday, September 13th. Finally, Bank of America increased their price target on shares of The Goldman Sachs Group from $1,150.00 to $1,300.00 and gave the stock a “buy” rating in a report on Thursday, July 16th. Ten analysts have rated the stock with a Buy rating, twelve have assigned a Hold rating and one has assigned a Sell rating to the company’s stock. Based on data from MarketBeat, The Goldman Sachs Group presently has an average rating of “Hold” and an average price target of $1,073.60.

The Goldman Sachs Group Stock Performance

Shares of GS opened at $916.41 on Monday. The company has a debt-to-equity ratio of 3.17, a quick ratio of 0.63 and a current ratio of 0.63. The stock has a 50-day moving average of $1,013.95 and a two-hundred day moving average of $983.21. The stock has a market cap of $266.83 billion, a P/E ratio of 14.14, a P/E/G ratio of 0.92 and a beta of 1.29. The Goldman Sachs Group has a one year low of $740.01 and a one year high of $1,153.99.

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

Institutional Investors Weigh In On The Goldman Sachs Group

Large investors have recently bought and sold shares of the company. Cim Investment Management Inc. acquired a new position in shares of The Goldman Sachs Group during the second quarter valued at approximately $1,781,000. QRG Capital Management Inc. increased its position in shares of The Goldman Sachs Group by 13.2% during the second quarter. QRG Capital Management Inc. now owns 73,537 shares of the investment management company’s stock worth $74,373,000 after purchasing an additional 8,560 shares in the last quarter. Envestnet Portfolio Solutions Inc. raised its stake in The Goldman Sachs Group by 14.7% in the 2nd quarter. Envestnet Portfolio Solutions Inc. now owns 17,422 shares of the investment management company’s stock valued at $17,606,000 after purchasing an additional 2,230 shares during the last quarter. Envestnet Asset Management Inc. lifted its holdings in The Goldman Sachs Group by 0.8% in the 2nd quarter. Envestnet Asset Management Inc. now owns 292,463 shares of the investment management company’s stock valued at $295,784,000 after purchasing an additional 2,221 shares in the last quarter. Finally, Andra AP fonden boosted its stake in The Goldman Sachs Group by 0.5% during the 2nd quarter. Andra AP fonden now owns 34,757 shares of the investment management company’s stock worth $35,152,000 after purchasing an additional 160 shares during the last quarter. 71.21% of the stock is currently owned by hedge funds and other institutional investors.

Trending Headlines about The Goldman Sachs Group

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

• Positive Sentiment: Goldman Sachs is reportedly considering President and COO John Waldron as CEO David Solomon’s successor as early as 2027, potentially with Solomon becoming executive chairman. An orderly internal transition could reduce long-term uncertainty and preserve the firm’s strategy. Goldman Sachs CEO succession planning faces one big problem
• Positive Sentiment: Goldman is making its roughly $100 billion Financial Square Treasury Instruments Fund available to institutional crypto firms through Lynq, a private Avalanche-based network. The move could expand distribution and strengthen Goldman’s position in tokenized and blockchain-linked financial infrastructure, without tokenizing the fund itself. Goldman Sachs Just Put a $100B Treasury Fund on Avalanche Rails
• Positive Sentiment: Analysts expect third-quarter earnings of approximately $15.39 per share on $17.42 billion of revenue, with results due before the market opens on October 13. Expectations for double-digit profit growth provide a potential near-term catalyst. What to Expect From Goldman Sachs’ Q3 2026 Earnings Report
• Positive Sentiment: HSBC raised its price target on GS to $1,007 from $995 while retaining a Hold rating, implying meaningful upside from recent levels but limited conviction on outperformance. HSBC Forecasts Strong Price Appreciation for The Goldman Sachs Group
• Neutral Sentiment: The board’s succession discussions are not finalized, and reports indicate Solomon may not be ready to leave or Waldron may not wait indefinitely. The timing and execution of the transition therefore remain important risks for investors. Waldron long seen as next Goldman CEO. The question is when
• Negative Sentiment: Succession headlines have increased concerns about leadership stability and contributed to recent pressure on GS shares, particularly because the transition could occur sooner than previously expected.
• Negative Sentiment: Goldman’s credit strategists warned that heavy high-yield bond issuance is widening risk premiums and pressuring markets, a potentially unfavorable backdrop for trading, underwriting and credit businesses. Goldman warns high-yield bond supply surge pressuring markets

About The Goldman Sachs Group

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.