Analysts Set The Goldman Sachs Group, Inc. (NYSE:GS) Target Price at $943.95

The Goldman Sachs Group, Inc. (NYSE:GS) has earned an average rating of “Hold” from the twenty-three research firms that are presently covering the firm, Marketbeat Ratings reports. Fourteen investment analysts have rated the stock with a hold rating and nine have issued a buy rating on the company. The average 1 year price target among brokers that have updated their coverage on the stock in the last year is $943.9545.

A number of research analysts have recently issued reports on the company. BNP Paribas Exane cut their price target on The Goldman Sachs Group from $970.00 to $940.00 and set a “neutral” rating on the stock in a report on Friday, April 24th. Jefferies Financial Group cut their price target on The Goldman Sachs Group from $1,125.00 to $1,049.00 and set a “buy” rating on the stock in a report on Monday, April 6th. Citigroup lifted their price target on The Goldman Sachs Group from $765.00 to $930.00 and gave the company a “neutral” rating in a report on Friday, May 8th. Dbs Bank lifted their price target on The Goldman Sachs Group from $890.00 to $1,050.00 in a report on Thursday, May 7th. Finally, BMO Capital Markets lifted their price target on The Goldman Sachs Group from $905.00 to $972.00 and gave the company a “market perform” rating in a report on Monday, April 20th.

The Goldman Sachs Group News Roundup

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

• Positive Sentiment: Goldman Sachs raised its year-end S&P 500 target to 8,000, citing strong earnings growth and AI-driven market momentum, which reinforces a bullish outlook for risk assets and highlights Goldman’s strong market call-making. Goldman Sachs hikes S&P 500 target and rejects bubble-era comparisons
• Positive Sentiment: The firm also lifted its 2026 business investment forecast and said AI spending could reach $800 billion, suggesting durable capital-markets activity and more financing demand tied to technology investment. The AI Spending Boom Just Got Bigger: Goldman Sees $800 Billion Flowing In This Year
• Positive Sentiment: Goldman strategists said European stocks may attract investors looking for broader AI exposure beyond a handful of mega-cap tech names, underscoring the bank’s active role in shaping equity-market positioning. Goldman’s Bell Says European Stocks Offer Breadth in AI Rally
• Neutral Sentiment: Recent commentary from Goldman on hedge funds rotating into semiconductors and away from software highlights its strong market intelligence franchise, but the direct stock impact is less clear. Goldman Sachs just ran some ugly numbers on the SaaSPocalypse—and found hedge funds are dumping software and piling into semis
• Negative Sentiment: Goldman agreed to a $500 million settlement in the long-running 1MDB shareholder case, which could weigh on sentiment by reminding investors of legacy legal and reputational risks. Goldman Sachs 1MDB Deal Clarifies Settlement Costs And Valuation Picture

The Goldman Sachs Group Trading Down 0.3%

Shares of NYSE:GS opened at $994.05 on Wednesday. The Goldman Sachs Group has a 12-month low of $592.17 and a 12-month high of $1,016.54. The business’s fifty day simple moving average is $900.95 and its 200-day simple moving average is $888.16. The company has a market capitalization of $293.25 billion, a PE ratio of 18.17, a P/E/G ratio of 1.28 and a beta of 1.28. The company has a current ratio of 0.63, a quick ratio of 0.63 and a debt-to-equity ratio of 2.89.

The Goldman Sachs Group (NYSE:GS) last announced its quarterly earnings results on Monday, April 13th. The investment management company reported $17.55 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates 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 business had revenue of $17.23 billion for the quarter, compared to the consensus estimate of $16.66 billion. During the same period last year, the business posted $14.12 EPS. The business’s revenue was up 14.4% compared to the same quarter last year. As a group, equities research analysts predict that The Goldman Sachs Group will post 59.53 earnings per share for the current fiscal year.

The Goldman Sachs Group Announces Dividend

The firm also recently announced a quarterly dividend, which will be paid on Monday, June 29th. Investors of record on Monday, June 1st will be paid a dividend of $4.50 per share. This represents a $18.00 annualized dividend and a yield of 1.8%. The ex-dividend date is Monday, June 1st. The Goldman Sachs Group’s payout ratio is 32.89%.

Insiders Place Their Bets

In related news, insider Kathryn H. Ruemmler sold 14,292 shares of the business’s stock in a transaction on Wednesday, May 6th. The stock was sold at an average price of $939.07, for a total transaction of $13,421,188.44. Following the transaction, the insider directly owned 15,657 shares in the company, valued at $14,703,018.99. The trade was a 47.72% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available through this link. Also, insider Alex S. Golten sold 1,116 shares of the business’s 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 approximately $2,413,472.04. This trade represents 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 90 days. Corporate insiders own 0.55% of the company’s stock.

Institutional Inflows and Outflows

Several institutional investors and hedge funds have recently added to or reduced their stakes in GS. Dagco Inc. purchased a new position in The Goldman Sachs Group during the 4th quarter worth $25,000. Turim 21 Investimentos Ltda. purchased a new position in The Goldman Sachs Group during the 1st quarter worth $25,000. Garton & Associates Financial Advisors LLC purchased a new position in The Goldman Sachs Group during the 4th quarter worth $26,000. Manning & Napier Advisors LLC grew 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 valued at $27,000 after purchasing an additional 23 shares during the last quarter. Finally, Steph & Co. purchased a new stake in The Goldman Sachs Group during the 1st quarter valued at about $27,000. 71.21% of the stock is currently owned by hedge funds and other institutional investors.

About The Goldman Sachs Group

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.