Bank of America Forecasts Strong Price Appreciation for The Goldman Sachs Group (NYSE:GS) Stock

The Goldman Sachs Group (NYSE:GS) had its price target boosted by research analysts at Bank of America from $1,150.00 to $1,300.00 in a research report issued to clients and investors on Thursday,Benzinga reports. The firm presently has a “buy” rating on the investment management company’s stock. Bank of America‘s target price suggests a potential upside of 18.92% from the stock’s previous close.

GS has been the subject of a number of other research reports. Jefferies Financial Group set a $1,299.00 price target on The Goldman Sachs Group in a research report on Wednesday. Royal Bank Of Canada restated a “neutral” rating on shares of The Goldman Sachs Group in a report on Monday, April 13th. JPMorgan Chase & Co. lifted their price objective on shares of The Goldman Sachs Group from $900.00 to $955.00 and gave the stock a “neutral” rating in a research report on Wednesday. BMO Capital Markets increased their target price on The Goldman Sachs Group from $1,070.00 to $1,190.00 and gave the company a “market perform” rating in a report on Wednesday. Finally, Morgan Stanley set a $1,145.00 price target on The Goldman Sachs Group in a research report on Wednesday. Ten investment analysts have rated the stock with a Buy rating, twelve have issued a Hold rating and one has issued a Sell rating to the stock. According to data from MarketBeat, The Goldman Sachs Group has an average rating of “Hold” and an average price target of $1,056.67.

The Goldman Sachs Group Price Performance

Shares of GS traded down $58.91 during mid-day trading on Thursday, hitting $1,093.16. The company’s stock had a trading volume of 1,489,996 shares, compared to its average volume of 2,288,446. The company has a debt-to-equity ratio of 2.83, a current ratio of 1.11 and a quick ratio of 0.63. The firm has a 50-day moving average price of $1,029.22 and a 200 day moving average price of $943.28. The Goldman Sachs Group has a fifty-two week low of $691.88 and a fifty-two week high of $1,153.99. The stock has a market capitalization of $322.49 billion, a price-to-earnings ratio of 16.87, a PEG ratio of 1.46 and a beta of 1.30.

The Goldman Sachs Group (NYSE:GS) last released its earnings results on Tuesday, July 14th. The investment management company reported $20.98 EPS for the quarter, beating the consensus estimate of $14.47 by $6.51. The Goldman Sachs Group had a net margin of 15.53% and a return on equity of 18.59%. The business had revenue of $20.34 billion during the quarter, compared to analyst estimates of $16.22 billion. During the same period in the prior year, the business earned $10.91 earnings per share. The business’s quarterly revenue was up 39.4% on a year-over-year basis. On average, research analysts predict that The Goldman Sachs Group will post 60.44 EPS for the current fiscal year.

Insider Activity

In other The Goldman Sachs Group news, CFO Denis P. Coleman sold 6,857 shares of the business’s stock in a transaction that occurred 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 transaction, the chief financial officer owned 31,070 shares of the company’s stock, valued at $30,248,198.50. The trade was a 18.08% decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink. Also, insider Alex S. Golten sold 1,116 shares of the stock in a transaction on Thursday, April 23rd. The stock was sold at an average price of $936.18, for a total value of $1,044,776.88. Following the transaction, the insider owned 2,578 shares in the company, valued at $2,413,472.04. The trade was a 30.21% decrease in their position. The disclosure for this sale is available in the SEC filing. Over the last quarter, insiders have sold 33,681 shares of company stock valued at $31,737,875. Company insiders own 0.55% of the company’s stock.

Institutional Trading of The Goldman Sachs Group

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

Trending Headlines about The Goldman Sachs Group

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

• Positive Sentiment: Goldman Sachs reported record Q2 2026 results, with EPS and revenue both topping estimates, driven by strong investment banking, equities trading, and asset management performance. The company also raised its quarterly dividend by 25% and announced a $4 billion share repurchase program. Goldman Sachs (GS) Lifts Dividend 25% After Record Q2 Results
• Positive Sentiment: Analysts turned more constructive after the earnings beat, with JPMorgan and Keefe, Bruyette & Woods both raising price targets, signaling that Wall Street sees additional upside despite the stock’s recent run. JPMorgan Chase & Co. Issues Positive Forecast for The Goldman Sachs Group (NYSE:GS) Stock Price The Goldman Sachs Group (NYSE:GS) Price Target Raised to $1,130.00 at Keefe, Bruyette & Woods
• Neutral Sentiment: Commentary around Goldman’s CEO highlighted optimism on the U.S. economy and the long-term AI investment cycle, which supports the bank’s growth narrative but does not change near-term fundamentals directly. Goldman Sachs CEO David Solomon Says He’s a ‘Huge Optimist’ on the US Economy Over the Next 7 Years — and AI is the Biggest Reason Why
• Neutral Sentiment: Some analysts and media coverage suggested the stock may be getting stretched after its sharp rally, with one note warning that much of the improved earnings outlook may already be reflected in the share price. Goldman Sachs Crushes Records, but This Analyst Warns the Party Is Over

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.