The Goldman Sachs Group, Inc. (GS)
NYSE: GS · IEX Real-Time Price · USD
465.61
+1.95 (0.42%)
At close: Jul 2, 2024, 4:00 PM
465.50
-0.11 (-0.02%)
After-hours: Jul 2, 2024, 7:59 PM EDT

The Goldman Sachs Group Stock Forecast

Stock Price Forecast

The 20 analysts with 12-month price forecasts for GS stock have an average target of 441.74, with a low estimate of 351 and a high estimate of 520. The average target predicts a decrease of -5.13% from the current stock price of 465.61.

Analyst Consensus: Buy
Target Low Average Median High
Price $351 $441.74 $440 $520
Change -24.62% -5.13% -5.50% +11.68%

Analyst Ratings

The average analyst rating for GS stock from 22 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 Feb '24Mar '24Apr '24May '24Jun '24Jul '24
Strong Buy 446666
Buy 999101010
Hold 555556
Sell 000000
Strong Sell 000000
Total 181820212122

Latest Forecasts

Analyst Firm Rating Rating Action Price Target Upside Date
Seaport Global
Seaport Global
Hold
Downgrades
n/a
Hold Downgrades n/a n/a Jul 2, 2024
Keefe, Bruyette & Woods
Keefe, Bruyette & Woods
Buy
Maintains
$485$520
Buy Maintains $485$520 +11.68% Jun 27, 2024
Morgan Stanley
Morgan Stanley
Buy
Maintains
$486$475
Buy Maintains $486$475 +2.02% Jun 27, 2024
Wells Fargo
Wells Fargo
Buy
Maintains
$450$504
Buy Maintains $450$504 +8.25% May 7, 2024
Oppenheimer
Oppenheimer
Buy
Maintains
$479$517
Buy Maintains $479$517 +11.04% Apr 30, 2024
More Analyst Ratings

Financial Forecast

Revenue This Year
53.31B
from 46.25B
Increased by 15.26%
Revenue Next Year
55.07B
from 53.31B
Increased by 3.29%
EPS This Year
38.41
from 22.87
Increased by 67.93%
EPS Next Year
42.13
from 38.41
Increased by 9.70%
Year 201920202021202220232024202520262027
Revenue
36.55B44.56B59.34B47.37B46.25B53.31B55.07B56.98B51.32B
Revenue Growth
-0.19%21.93%33.17%-20.18%-2.35%15.26%3.29%3.48%-9.93%
EPS
21.0324.7459.4530.0622.8738.4142.1346.0736.99
EPS Growth
-16.78%17.64%140.30%-49.44%-23.92%67.93%9.70%9.35%-19.71%
Forward PE
-----12.1211.0510.1112.59
No. Analysts -----2827164
Historical EPS numbers are GAAP, while forecasted numbers may be non-GAAP.

Revenue Forecast

Revenue 2024202520262027
High 55.6B 58.5B 60.7B 52.3B
Avg 53.3B 55.1B 57.0B 51.3B
Low 49.1B 50.2B 51.3B 48.8B

Revenue Growth

Revenue Growth 2024202520262027
High
20.2%
9.7%
10.2%
-8.2%
Avg
15.3%
3.3%
3.5%
-9.9%
Low
6.1%
-5.8%
-6.8%
-14.3%

EPS Forecast

EPS 2024202520262027
High 42.32 48.11 50.11 37.71
Avg 38.41 42.13 46.07 36.99
Low 32.54 36.02 37.87 35.19

EPS Growth

EPS Growth 2024202520262027
High
85.0%
25.3%
18.9%
-18.2%
Avg
67.9%
9.7%
9.3%
-19.7%
Low
42.3%
-6.2%
-10.1%
-23.6%
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.