The Goldman Sachs Group (NYSE:GS) Stock Price Expected to Rise, JPMorgan Chase & Co. Analyst Says

The Goldman Sachs Group (NYSE:GS) had its price target hoisted by equities researchers at JPMorgan Chase & Co. from $826.00 to $900.00 in a research report issued on Friday,MarketScreener reports. JPMorgan Chase & Co.‘s price objective points to a potential downside of 14.89% from the stock’s current price.

GS has been the subject of a number of other research reports. Evercore dropped their target price on shares of The Goldman Sachs Group from $1,075.00 to $950.00 and set an “outperform” rating for the company in a report on Monday, April 6th. BNP Paribas Exane decreased their price target on shares of The Goldman Sachs Group from $970.00 to $940.00 and set a “neutral” rating on the stock in a research note on Friday, April 24th. Weiss Ratings lowered shares of The Goldman Sachs Group from a “buy (b-)” rating to a “hold (c+)” rating in a research report on Friday, May 8th. Dbs Bank increased their price target on The Goldman Sachs Group from $890.00 to $1,050.00 in a report on Thursday, May 7th. Finally, HSBC upped their price objective on shares of The Goldman Sachs Group from $729.00 to $765.00 in a report on Monday, May 4th. Nine research analysts have rated the stock with a Buy rating and fourteen have assigned a Hold rating to the company. Based on data from MarketBeat.com, The Goldman Sachs Group has an average rating of “Hold” and a consensus target price of $941.82.

The Goldman Sachs Group Price Performance

Shares of NYSE GS traded up $21.87 during midday trading on Friday, hitting $1,057.51. The stock had a trading volume of 183,310 shares, compared to its average volume of 2,289,590. The company has a market capitalization of $311.98 billion, a PE ratio of 19.36, a P/E/G ratio of 1.30 and a beta of 1.30. The stock has a 50 day simple moving average of $953.27 and a 200-day simple moving average of $908.78. The Goldman Sachs Group has a 1 year low of $609.59 and a 1 year high of $1,098.36. The company has a quick ratio of 0.63, a current ratio of 0.63 and a debt-to-equity ratio of 2.89.

The Goldman Sachs Group (NYSE:GS) last issued its quarterly earnings results on Monday, April 13th. The investment management company reported $17.55 EPS for the quarter, topping the consensus estimate of $15.92 by $1.63. The Goldman Sachs Group had a return on equity of 16.53% and a net margin of 14.13%.The firm had revenue of $17.23 billion during the quarter, compared to analysts’ expectations of $16.66 billion. During the same period in the previous year, the business earned $14.12 earnings per share. The firm’s revenue for the quarter was up 14.4% on a year-over-year basis. On average, sell-side analysts expect that The Goldman Sachs Group will post 59.08 EPS for the current fiscal year.

Insider Buying and Selling at The Goldman Sachs Group

In other news, CFO Denis P. Coleman sold 6,857 shares of the company’s stock in a transaction on Thursday, May 14th. The stock was sold at an average price of $973.55, for a total transaction of $6,675,632.35. Following the sale, the chief financial officer owned 31,070 shares of the company’s stock, valued at approximately $30,248,198.50. This represents a 18.08% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, insider Alex S. Golten sold 1,116 shares of the stock in a transaction on Thursday, April 23rd. The shares were sold at an average price of $936.18, for a total value of $1,044,776.88. Following the completion of the sale, the insider owned 2,578 shares in the company, valued at approximately $2,413,472.04. The trade was a 30.21% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Insiders have sold 33,681 shares of company stock valued at $31,737,875 in the last quarter. Corporate insiders own 0.55% of the company’s stock.

Hedge Funds Weigh In On The Goldman Sachs Group

Hedge funds and other institutional investors have recently made changes to their positions in the stock. Dagco Inc. purchased a new stake in shares of The Goldman Sachs Group during the fourth quarter worth approximately $25,000. Turim 21 Investimentos Ltda. purchased a new position in The Goldman Sachs Group in the first quarter worth approximately $25,000. Garton & Associates Financial Advisors LLC acquired a new position in The Goldman Sachs Group during the 4th quarter worth approximately $26,000. Manning & Napier Advisors LLC increased its position in shares of The Goldman Sachs Group by 287.5% in the 4th quarter. Manning & Napier Advisors LLC now owns 31 shares of the investment management company’s stock valued at $27,000 after purchasing an additional 23 shares during the last quarter. Finally, Steph & Co. purchased a new stake in shares of The Goldman Sachs Group in the 1st quarter valued at approximately $27,000. Hedge funds and other institutional investors own 71.21% of the company’s stock.

Key Headlines Impacting The Goldman Sachs Group

Here are the key news stories impacting The Goldman Sachs Group this week:

• Positive Sentiment: Goldman-related commentary highlighted strong momentum in AI and technology spending, with the firm arguing that 2027 hyperscaler capex may be too conservative. That supports optimism around trading, advisory, and financing activity tied to tech and AI capital markets. Goldman says consensus 2027 hyperscaler capex estimates are too conservative
• Positive Sentiment: Another Goldman view said rising AI-related capital expenditures could create more opportunities for banks that help underwrite, advise, and finance those deals, reinforcing a favorable backdrop for GS’s investment banking franchise. As artificial-intelligence capital expenditures rise, so do the risks for AI stocks, Goldman Sachs tells investors
• Positive Sentiment: Analyst coverage continues to frame Goldman Sachs as a stock with room to run, with recent writeups focusing on the firm’s earnings power and appeal during an IPO and dealmaking revival. Goldman Sachs: Take Advantage Of The IPO Craze With This Leading Investment Bank

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.