The Goldman Sachs Group (NYSE:GS) Price Target Raised to $970.00

The Goldman Sachs Group (NYSE:GS) had its price objective hoisted by Wells Fargo & Company from $855.00 to $970.00 in a research report report published on Monday morning,MarketScreener reports. They currently have an overweight rating on the investment management company’s stock.

GS has been the subject of a number of other research reports. Weiss Ratings restated a “hold (c+)” rating on shares of The Goldman Sachs Group in a research report on Monday, December 22nd. Royal Bank Of Canada raised their price target on The Goldman Sachs Group from $843.00 to $900.00 and gave the company a “sector perform” rating in a report on Friday, December 12th. Evercore ISI raised their price target on The Goldman Sachs Group from $752.00 to $830.00 and gave the company an “outperform” rating in a report on Tuesday, September 30th. UBS Group upped their price objective on The Goldman Sachs Group from $762.00 to $805.00 and gave the stock a “neutral” rating in a report on Tuesday, October 7th. Finally, Barclays raised their target price on The Goldman Sachs Group from $850.00 to $1,048.00 and gave the company an “overweight” rating in a report on Monday. Five analysts have rated the stock with a Buy rating, seventeen have assigned a Hold rating and one has given a Sell rating to the company. According to data from MarketBeat, the company currently has a consensus rating of “Hold” and an average price target of $848.22.

The Goldman Sachs Group Stock Performance

NYSE:GS opened at $939.69 on Monday. The company has a debt-to-equity ratio of 2.53, a current ratio of 0.65 and a quick ratio of 0.65. The firm has a market cap of $281.84 billion, a price-to-earnings ratio of 19.09, a price-to-earnings-growth ratio of 1.12 and a beta of 1.33. The firm’s fifty day moving average price is $846.41 and its 200 day moving average price is $780.06. The Goldman Sachs Group has a 1-year low of $439.38 and a 1-year high of $961.69.

The Goldman Sachs Group (NYSE:GS) last announced its quarterly earnings data on Tuesday, October 14th. The investment management company reported $12.25 EPS for the quarter, topping analysts’ consensus estimates of $10.27 by $1.98. The company had revenue of $15.18 billion during the quarter, compared to the consensus estimate of $13.68 billion. The Goldman Sachs Group had a net margin of 13.18% and a return on equity of 15.29%. The Goldman Sachs Group’s quarterly revenue was up 19.5% on a year-over-year basis. During the same quarter in the prior year, the firm earned $8.40 EPS. On average, sell-side analysts expect that The Goldman Sachs Group will post 47.12 EPS for the current year.

The Goldman Sachs Group Announces Dividend

The company also recently declared a quarterly dividend, which was paid on Tuesday, December 30th. Stockholders of record on Tuesday, December 2nd were given a $4.00 dividend. The ex-dividend date was Tuesday, December 2nd. This represents a $16.00 dividend on an annualized basis and a dividend yield of 1.7%. The Goldman Sachs Group’s dividend payout ratio (DPR) is currently 32.50%.

Institutional Investors Weigh In On The Goldman Sachs Group

A number of large investors have recently added to or reduced their stakes in GS. Gilliland Jeter Wealth Management LLC grew its position in shares of The Goldman Sachs Group by 3.5% in the third quarter. Gilliland Jeter Wealth Management LLC now owns 388 shares of the investment management company’s stock valued at $309,000 after purchasing an additional 13 shares during the last quarter. EWA LLC lifted its stake in The Goldman Sachs Group by 2.2% in the 3rd quarter. EWA LLC now owns 612 shares of the investment management company’s stock valued at $488,000 after buying an additional 13 shares in the last quarter. Carrera Capital Advisors grew its holdings in The Goldman Sachs Group by 3.5% during the 3rd quarter. Carrera Capital Advisors now owns 385 shares of the investment management company’s stock valued at $306,000 after buying an additional 13 shares during the last quarter. Centerpoint Advisors LLC increased its position in The Goldman Sachs Group by 1.5% during the third quarter. Centerpoint Advisors LLC now owns 863 shares of the investment management company’s stock worth $687,000 after buying an additional 13 shares in the last quarter. Finally, Cassaday & Co Wealth Management LLC raised its holdings in shares of The Goldman Sachs Group by 0.9% in the third quarter. Cassaday & Co Wealth Management LLC now owns 1,488 shares of the investment management company’s stock worth $1,185,000 after acquiring an additional 13 shares during the last quarter. 71.21% of the stock is owned by institutional investors and hedge funds.

The Goldman Sachs Group News Summary

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

• Positive Sentiment: Goldman led global M&A in 2025 with roughly $1.48 trillion of deals, reinforcing a hefty advisory fee pipeline that should support revenue and offset market volatility. Goldman Sachs tops global M&A rankings with $1.48 trillion in deals
• Positive Sentiment: Several analysts raised targets or reiterated conviction this week (Jefferies to $1,087 buy; Wells Fargo to $970; BMO to $980), signaling continued investor confidence in GS’s earnings power and capital returns. Jefferies adjusts price target on Goldman Sachs to $1,087 Wells Fargo Boosts The Goldman Sachs Group Price Target to $970.00
• Positive Sentiment: Deal flow and product pipeline remain active: reports show GS tapped as an underwriter for a possible Discord IPO and the bank positioning for institutional crypto adoption as regulation advances — both could support future advisory and trading revenues. Discord Quietly Files For US IPO Tapping Goldman Sachs And JPMorgan: Report Goldman Sachs sees regulation driving next wave of institutional crypto adoption
• Neutral Sentiment: Technicals and sentiment are mixed: GS rallied into earnings season but analysts warn valuations and macro uncertainty keep the outlook nuanced, so price action may stay choppy until results. Goldman Sachs Stock Snapshot: Rally, Earnings Ahead And Mixed Technicals
• Negative Sentiment: Near-term downside risk centers on earnings volatility: analysts highlight the CEO’s challenge managing volatile quarterly results and note Q4 earnings are due Jan. 15 — the uncertainty likely drove downside pressure today. Also, a note flagged that GS fell more than the broader market in the latest session. Analyst Says Goldman Sachs CEO David Solomon Faces Key Challenge In Managing Earnings Volatility Here’s Why Goldman Sachs (GS) Fell More Than Broader Market

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.