
Goldman Sachs (GS) Stock Forecast & Price Target
Goldman Sachs (GS) Analyst Ratings
Bulls say
Goldman Sachs Group is a storied financial institution that has undergone a strategic shift towards more stable fee-based businesses such as asset and wealth management. Its strong position as a leading global investment bank, coupled with its recent performance in investment banking, asset and wealth management, and markets, leads us to believe that the company will continue to see strong revenue growth. Additionally, the company's efforts to reduce exposure to consumer lending and focus on achieving long-term shareholder returns through tangible book value and dividend growth are further reasons for our positive outlook.
Bears say
Goldman Sachs Group is facing challenges in its traditional investment banking business and has been relying on more stable fee-based businesses like asset and wealth management for revenue. The reduction in net revenues related to markdowns on the Apple Card loan portfolio and contract termination obligations, as well as the decline in consumer credit card loans, could lead to a negative earnings surprise compared to consensus estimates in the upcoming quarter. Additionally, macroeconomic concerns and potential legislation that could restrict the company's business practices present a risk to its profitability and share price.
This aggregate rating is based on analysts' research of Goldman Sachs and is not a guaranteed prediction by Public.com or investment advice.
Goldman Sachs (GS) Analyst Forecast & Price Prediction
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