The Goldman Sachs Group (NYSE:GS – Get Free Report) had its price objective cut by investment analysts at HSBC from $802.00 to $729.00 in a note issued to investors on Wednesday,MarketScreener reports. HSBC’s target price would indicate a potential downside of 15.13% from the company’s previous close.
Several other equities analysts also recently issued reports on GS. BMO Capital Markets boosted their price objective on The Goldman Sachs Group from $980.00 to $985.00 and gave the stock a “market perform” rating in a research report on Tuesday, January 20th. Jefferies Financial Group raised their target price on The Goldman Sachs Group from $898.00 to $1,087.00 and gave the company a “buy” rating in a research report on Tuesday, January 6th. Royal Bank Of Canada lifted their target price on The Goldman Sachs Group from $900.00 to $1,030.00 and gave the company a “sector perform” rating in a research note on Tuesday, January 20th. Daiwa Securities Group boosted their price target on The Goldman Sachs Group from $927.00 to $940.00 and gave the stock a “neutral” rating in a research report on Thursday, January 29th. Finally, JPMorgan Chase & Co. raised their price target on The Goldman Sachs Group from $815.00 to $826.00 and gave the company a “neutral” rating in a report on Tuesday, March 10th. Eight equities research analysts have rated the stock with a Buy rating and fourteen have given a Hold rating to the company’s stock. According to data from MarketBeat.com, the stock currently has an average rating of “Hold” and an average price target of $929.52.
The Goldman Sachs Group Stock Performance
The Goldman Sachs Group (NYSE:GS – Get Free Report) last issued its quarterly earnings data on Thursday, January 15th. The investment management company reported $13.55 earnings per share for the quarter, beating the consensus estimate of $11.52 by $2.03. The Goldman Sachs Group had a net margin of 13.73% and a return on equity of 15.72%. The firm had revenue of $15.71 billion for the quarter, compared to the consensus estimate of $14.30 billion. During the same period last year, the firm posted $11.95 EPS. The Goldman Sachs Group’s quarterly revenue was down 3.0% compared to the same quarter last year. As a group, sell-side analysts anticipate that The Goldman Sachs Group will post 47.12 EPS for the current year.
Insider Transactions at The Goldman Sachs Group
In other news, insider Alex S. Golten sold 1,092 shares of the business’s stock in a transaction on Monday, February 9th. The stock was sold at an average price of $936.89, for a total value of $1,023,083.88. The transaction was disclosed in a filing with the SEC, which is accessible through this link. Also, CEO David M. Solomon sold 272 shares of the company’s stock in a transaction on Thursday, January 29th. The shares were sold at an average price of $938.92, for a total value of $255,386.24. Following the completion of the sale, the chief executive officer owned 125,527 shares of the company’s stock, valued at approximately $117,859,810.84. This trade represents a 0.22% decrease in their position. The SEC filing for this sale provides additional information. Insiders sold a total of 117,283 shares of company stock valued at $112,016,033 over the last three months. 0.55% of the stock is owned by company insiders.
Institutional Investors Weigh In On The Goldman Sachs Group
Hedge funds and other institutional investors have recently bought and sold shares of the business. Dagco Inc. bought a new stake in shares of The Goldman Sachs Group in the 4th quarter worth approximately $25,000. Harbor Capital Advisors Inc. bought a new stake in The Goldman Sachs Group during the third quarter worth approximately $26,000. Garton & Associates Financial Advisors LLC bought a new stake in The Goldman Sachs Group during the fourth quarter worth approximately $26,000. Manning & Napier Advisors LLC grew its position in The Goldman Sachs Group by 287.5% in the fourth quarter. Manning & Napier Advisors LLC now owns 31 shares of the investment management company’s stock worth $27,000 after buying an additional 23 shares during the last quarter. Finally, First PREMIER Bank acquired a new position in The Goldman Sachs Group in the third quarter worth approximately $28,000. 71.21% of the stock is currently owned by institutional investors.
Key Stories Impacting The Goldman Sachs Group
Here are the key news stories impacting The Goldman Sachs Group this week:
- Positive Sentiment: Goldman has a strong track record of quarterly earnings surprises and Zacks says the bank currently has the factors that point toward another beat — a direct positive for investor sentiment and valuation expectations. Will Goldman (GS) Beat Estimates Again in Its Next Earnings Report?
- Positive Sentiment: Goldman highlights real, measurable AI productivity gains (workers saving up to ~60 minutes/day) and says many companies haven’t adopted AI yet — implying Goldman can both cut costs internally and sell AI-related advisory/technology services, supporting margins and fee income. AI is saving workers up to an hour a day — but Goldman Sachs says 80% of companies aren’t using it yet
- Positive Sentiment: Goldman analysts struck a constructive market tone as April began, saying the recent pullback improves the setup for Q1 earnings season — guidance that can lift investor risk appetite and trading/IB volumes. This commentary has likely supported buying in GS. Goldman Sachs: Market Pullback Creates Favorable April Setup as Q1 Earnings Loom
- Neutral Sentiment: Goldman is participating as an arranger/adviser on client moves (e.g., Experian share buyback execution), which generates fees but is routine — supportive of IB/markets revenue but not a game-changer. Experian Extends Share Buyback Ahead of May Results
- Neutral Sentiment: Goldman’s research/actions (e.g., upgrades like Nokia) and its role in capturing ECM share in Japan highlight the firm’s franchise strength in advisory and research — steady positives for fee pools but gradual in impact. Goldman, BofA Set to Capture Bigger Share of Japan’s ECM Deals
- Negative Sentiment: Goldman warned a client tool for shorting loans isn’t ready — a minor execution setback that could delay product revenue or frustrate institutional clients, and it underlines some operational risk. Goldman tells clients eager to short loans its tool isn’t ready
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.
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