The Goldman Sachs Group, Inc. (GS)
NYSE: GS · IEX Real-Time Price · USD
417.69
+2.44 (0.59%)
At close: Mar 28, 2024, 4:00 PM
418.00
+0.31 (0.07%)
After-hours: Mar 28, 2024, 7:54 PM EDT

The Goldman Sachs Group Stock Forecast

Stock Price Forecast

The 17 analysts with 12-month price forecasts for GS stock have an average target of 413.04, with a low estimate of 351 and a high estimate of 493. The average target predicts a decrease of -1.11% from the current stock price of 417.69.

Analyst Consensus: Buy
Target Low Average Median High
Price $351 $413.04 $410 $493
Change -15.97% -1.11% -1.84% +18.03%

Analyst Ratings

The average analyst rating for GS stock from 18 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 Oct '23Nov '23Dec '23Jan '24Feb '24Mar '24
Strong Buy 444444
Buy 999999
Hold 666555
Sell 000000
Strong Sell 000000
Total 191919181818

Latest Forecasts

Analyst Firm Rating Rating Action Price Target Upside Date
HSBC
HSBC
Strong Buy
Maintains
$432$460
Strong Buy Maintains $432$460 +10.13% Mar 28, 2024
RBC Capital
RBC Capital
Hold
Reiterates
$390
Hold Reiterates $390 -6.63% Mar 27, 2024
JP Morgan
JP Morgan
Buy
Maintains
$421$424
Buy Maintains $421$424 +1.51% Mar 21, 2024
Oppenheimer
Oppenheimer
Buy
Maintains
$506$446
Buy Maintains $506$446 +6.78% Mar 19, 2024
Daiwa Capital
Daiwa Capital
Buy
Upgrades
$410$430
Buy Upgrades $410$430 +2.95% Mar 14, 2024
More Analyst Ratings

Financial Forecast

Revenue This Year
51.91B
from 46.25B
Increased by 12.23%
Revenue Next Year
54.16B
from 51.91B
Increased by 4.34%
EPS This Year
34.95
from 22.87
Increased by 52.83%
EPS Next Year
40.20
from 34.95
Increased by 15.00%
Year 201920202021202220232024202520262027
Revenue
36.55B44.56B59.34B47.37B46.25B51.91B54.16B56.33B51.32B
Revenue Growth
-0.19%21.93%33.17%-20.18%-2.35%12.23%4.34%4.01%-8.89%
EPS
21.0324.7459.4530.0622.8734.9540.2044.4036.99
EPS Growth
-16.78%17.64%140.30%-49.44%-23.92%52.83%15.00%10.47%-16.70%
No. Analysts -----2726134
Historical EPS numbers are GAAP, while forecasted numbers may be non-GAAP.

Revenue Forecast

Revenue 2024202520262027
High 54.6B 57.5B 60.7B 52.3B
Avg 51.9B 54.2B 56.3B 51.3B
Low 47.7B 49.4B 51.2B 48.8B

Revenue Growth

Revenue Growth 2024202520262027
High
18.0%
10.9%
12.0%
-7.1%
Avg
12.2%
4.3%
4.0%
-8.9%
Low
3.1%
-4.8%
-5.5%
-13.3%

EPS Forecast

EPS 2024202520262027
High 40.74 43.57 48.55 37.71
Avg 34.95 40.20 44.40 36.99
Low 29.16 33.96 36.12 35.19

EPS Growth

EPS Growth 2024202520262027
High
78.1%
24.7%
20.8%
-15.1%
Avg
52.8%
15.0%
10.5%
-16.7%
Low
27.5%
-2.8%
-10.1%
-20.7%
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.