The Goldman Sachs Group, Inc. (GS)

The Goldman Sachs Group Stock Forecast

Stock Price Forecast

The 16 analysts with 12-month price forecasts for GS stock have an average target of 559.75, with a low estimate of 373 and a high estimate of 686. The average target predicts a decrease of -2.85% from the current stock price of 576.18.

Analyst Consensus: Buy

Target	Low	Average	Median	High
Price	$373	$559.75	$575	$686
Change	-35.26%	-2.85%	-0.20%	+19.06%

Analyst Ratings

The average analyst rating for GS stock from 17 stock analysts is "Buy". This means that analysts believe this stock is likely to outperform the market over the next twelve months.

Recommendation Trends

Rating	Jul '24	Aug '24	Sep '24	Oct '24	Nov '24	Dec '24
Strong Buy	5	5	4	4	3	3
Buy	9	9	9	9	9	9
Hold	5	5	4	4	5	5
Sell	0	0	0	0	0	0
Strong Sell	0	0	0	0	0	0
Total	19	19	17	17	17	17

Latest Forecasts

Analyst	Firm	Rating	Rating	Action	Price Target	Upside	Date
Kian Abouhossein JP Morgan	JP Morgan	Buy Maintains $520 → $550	Buy	Maintains	$520 → $550	-4.54%	Dec 6, 2024
David Konrad Keefe, Bruyette & Woods	Keefe, Bruyette & Woods	Buy Maintains $570 → $686	Buy	Maintains	$570 → $686	+19.06%	Dec 3, 2024
Saul Martinez HSBC	HSBC	Strong Buy → Hold Downgrades $569 → $608	Strong Buy → Hold	Downgrades	$569 → $608	+5.52%	Nov 26, 2024
Keith Horowitz Citigroup	Citigroup	Hold Maintains $485 → $585	Hold	Maintains	$485 → $585	+1.53%	Nov 21, 2024
Mike Mayo Wells Fargo	Wells Fargo	Buy Maintains $600 → $680	Buy	Maintains	$600 → $680	+18.02%	Nov 15, 2024

More Analyst Ratings

Financial Forecast

Revenue This Year

53.28B

Increased by 17.80%

from 45.23B

Revenue Next Year

56.43B

Increased by 5.92%

from 53.28B

EPS This Year

37.83

Increased by 65.45%

from 22.87

EPS Next Year

43.91

Increased by 16.06%

from 37.83

Fiscal Year	FY 2019	FY 2020	FY 2021	FY 2022	FY 2023	FY 2024	FY 2025	FY 2026
Period Ending	Dec 31, 2019	Dec 31, 2020	Dec 31, 2021	Dec 31, 2022	Dec 31, 2023	Dec 31, 2024	Dec 31, 2025	Dec 31, 2026
Revenue	35.48B	41.46B	58.98B	44.65B	45.23B	53.28B	56.43B	58.63B
Revenue Growth	-1.28%	16.86%	42.26%	-24.30%	1.29%	17.80%	5.92%	3.90%
EPS	21.03	24.74	59.45	30.06	22.87	37.83	43.91	49.47
EPS Growth	-16.77%	17.65%	140.25%	-49.44%	-23.93%	65.45%	16.06%	12.67%
Forward PE	-	-	-	-	-	15.23	13.12	11.65
No. Analysts	-	-	-	-	-	26	26	22

Historical EPS numbers are GAAP, while forecasted numbers may be non-GAAP.

Revenue Forecast

Revenue	2024	2025	2026	2027
High	55.0B	61.6B	67.5B
Avg	53.3B	56.4B	58.6B
Low	50.2B	50.7B	52.1B

Revenue Growth

Revenue Growth	2024	2025	2026	2027
High	21.7%	15.7%	19.6%
Avg	17.8%	5.9%	3.9%
Low	11.0%	-4.9%	-7.7%

EPS Forecast

EPS	2024	2025	2026	2027
High	39.61	49.86	57.24
Avg	37.83	43.91	49.47
Low	34.92	37.98	41.93

EPS Growth

EPS Growth	2024	2025	2026	2027
High	73.2%	31.8%	30.4%
Avg	65.4%	16.1%	12.7%
Low	52.7%	0.4%	-4.5%

Sources: Price targets and analyst ratings provided by Benzinga. Revenue and EPS forecast data provided by Finnhub. The data is sourced from Wall Street analysts. Data disclaimer.