The Goldman Sachs Group, Inc. (GS)

The Goldman Sachs Group Stock Forecast

Stock Price Forecast

The 13 analysts that cover The Goldman Sachs Group stock have a consensus rating of "Buy" and an average price target of $664.69, which forecasts a -10.41% decrease in the stock price over the next year. The lowest target is $560 and the highest is $790.

Price Target: $664.69 (-10.41%)

Analyst Consensus: Buy

Target	Low	Average	Median	High
Price	$560	$664.69	$640	$790
Change	-24.52%	-10.41%	-13.73%	+6.48%

* Price targets were last updated on Jul 21, 2025.

Analyst Ratings

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

Recommendation Trends

Rating	Mar '25	Apr '25	May '25	Jun '25	Jul '25	Aug '25
Strong Buy	2	2	2	1	1	1
Buy	7	7	7	6	5	5
Hold	7	7	7	8	7	7
Sell	0	0	0	0	1	1
Strong Sell	0	0	0	0	0	0
Total	16	16	16	15	14	14

Latest Forecasts

Analyst	Firm	Rating	Rating	Action	Price Target	Upside	Date
Keith Horowitz Citigroup	Citigroup	Hold Maintains $550 → $700	Hold	Maintains	$550 → $700	-5.65%	Jul 21, 2025
David Konrad Keefe, Bruyette & Woods	Keefe, Bruyette & Woods	Hold Maintains $771 → $790	Hold	Maintains	$771 → $790	+6.48%	Jul 17, 2025
Betsy Graseck Morgan Stanley	Morgan Stanley	Hold Maintains $680 → $715	Hold	Maintains	$680 → $715	-3.62%	Jul 17, 2025
Brian Fitzgerald JMP Securities	JMP Securities	Buy → Hold Downgrades $600	Buy → Hold	Downgrades	$600	-19.13%	Jul 14, 2025
Saul Martinez HSBC	HSBC	Hold → Sell Downgrades $558 → $627	Hold → Sell	Downgrades	$558 → $627	-15.49%	Jul 8, 2025

More Analyst Ratings

Financial Forecast

Revenue This Year

58.62B

Increased by 12.38%

from 52.16B

Revenue Next Year

61.49B

Increased by 4.90%

from 58.62B

EPS This Year

47.78

Increased by 17.84%

from 40.54

EPS Next Year

53.88

Increased by 12.78%

from 47.78

Fiscal Year	FY 2020	FY 2021	FY 2022	FY 2023	FY 2024	FY 2025	FY 2026	FY 2027
Period Ending	Dec 31, 2020	Dec 31, 2021	Dec 31, 2022	Dec 31, 2023	Dec 31, 2024	Dec 31, 2025	Dec 31, 2026	Dec 31, 2027
Revenue	41.46B	58.98B	44.65B	45.23B	52.16B	58.62B	61.49B	63.62B
Revenue Growth	16.86%	42.26%	-24.30%	1.29%	15.34%	12.38%	4.90%	3.45%
EPS	24.74	59.45	30.06	22.87	40.54	47.78	53.88	59.72
EPS Growth	17.65%	140.25%	-49.44%	-23.93%	77.31%	17.84%	12.78%	10.84%
Forward PE	-	-	-	-	-	15.53	13.77	12.42
No. Analysts	-	-	-	-	-	30	30	16

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

Revenue Forecast

Revenue	2025	2026	2027	2028	2029
High	61.5B	65.3B	70.9B
Avg	58.6B	61.5B	63.6B
Low	54.2B	53.2B	56.5B

Revenue Growth

Revenue Growth	2025	2026	2027	2028	2029
High	17.9%	11.4%	15.3%
Avg	12.4%	4.9%	3.5%
Low	4.0%	-9.3%	-8.1%

EPS Forecast

EPS	2025	2026	2027	2028	2029
High	52.08	61.43	71.14
Avg	47.78	53.88	59.72
Low	42.58	39.00	45.92

EPS Growth

EPS Growth	2025	2026	2027	2028	2029
High	28.5%	28.6%	32.0%
Avg	17.8%	12.8%	10.8%
Low	5.0%	-18.4%	-14.8%

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.