JPMorgan Chase & Co. Issues Positive Forecast for The Goldman Sachs Group (NYSE:GS) Stock Price

The Goldman Sachs Group (NYSE:GS) had its price objective increased by JPMorgan Chase & Co. from $750.00 to $775.00 in a report released on Thursday morning,Benzinga reports. They currently have a neutral rating on the investment management company’s stock.

GS has been the subject of several other reports. Jefferies Financial Group lifted their price target on The Goldman Sachs Group from $898.00 to $1,087.00 and gave the company a “buy” rating in a research report on Tuesday. Barclays lifted their target price on shares of The Goldman Sachs Group from $850.00 to $1,048.00 and gave the company an “overweight” rating in a report on Monday. Royal Bank Of Canada increased their price target on shares of The Goldman Sachs Group from $843.00 to $900.00 and gave the stock a “sector perform” rating in a report on Friday, December 12th. Daiwa Capital Markets raised their price target on shares of The Goldman Sachs Group from $823.00 to $927.00 and gave the company a “neutral” rating in a research report on Tuesday. Finally, Deutsche Bank Aktiengesellschaft upped their price objective on shares of The Goldman Sachs Group from $725.00 to $790.00 and gave the stock a “hold” rating in a research report on Tuesday, September 30th. Five research analysts have rated the stock with a Buy rating, seventeen have assigned a Hold rating and one has given a Sell rating to the stock. Based on data from MarketBeat, the stock currently has an average rating of “Hold” and an average price target of $849.61.

The Goldman Sachs Group Trading Down 0.7%

Shares of The Goldman Sachs Group stock opened at $934.21 on Thursday. The stock has a market cap of $280.20 billion, a PE ratio of 18.98, a price-to-earnings-growth ratio of 1.10 and a beta of 1.33. The firm has a fifty day moving average price of $849.32 and a 200 day moving average price of $781.13. The Goldman Sachs Group has a 1 year low of $439.38 and a 1 year high of $961.69. 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 Goldman Sachs Group (NYSE:GS) last posted its quarterly earnings results on Tuesday, October 14th. The investment management company reported $12.25 EPS for the quarter, beating the consensus estimate of $10.27 by $1.98. The company had revenue of $15.18 billion for the quarter, compared to analyst estimates of $13.68 billion. The Goldman Sachs Group had a net margin of 13.18% and a return on equity of 15.29%. The firm’s revenue was up 19.5% on a year-over-year basis. During the same period in the prior year, the company earned $8.40 earnings per share. Equities research analysts predict that The Goldman Sachs Group will post 47.12 earnings per share for the current year.

The Goldman Sachs Group Dividend Announcement

The company also recently disclosed a quarterly dividend, which was paid on Tuesday, December 30th. Shareholders of record on Tuesday, December 2nd were paid a dividend of $4.00 per share. This represents a $16.00 annualized dividend and a yield of 1.7%. The ex-dividend date was Tuesday, December 2nd. The Goldman Sachs Group’s payout ratio is 32.50%.

Institutional Trading of The Goldman Sachs Group

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

Key Headlines Impacting The Goldman Sachs Group

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

• Positive Sentiment: Goldman Sachs led global M&A in 2025 with ~$1.48 trillion of deals, underscoring its top-tier investment banking position and potential fee momentum going into 2026. Goldman Sachs Tops Global M&A Dealmaking
• Positive Sentiment: Discord filed confidentially for a U.S. IPO with Goldman Sachs named as an underwriter — a signal of incremental underwriting pipeline that could boost future investment banking revenue. Discord IPO Taps Goldman Sachs
• Positive Sentiment: Life Sciences at Goldman Sachs Alternatives led an oversubscribed Series C for Beacon Therapeutics, highlighting GS’s alternatives business activity and fee/investment opportunities in private markets. Beacon Therapeutics Series C Led by Goldman Alternatives
• Positive Sentiment: Several broker notes have raised price targets (Wells Fargo to $970; BMO/Jefferies/Daiwa favorable commentary), supporting near- to medium‑term upside expectations from some sell‑side analysts. Wells Fargo Boosts GS Price Target
• Neutral Sentiment: Goldman published market outlooks (e.g., “lower but attractive” 2026 returns) and continues active research (raising TSMC and Rivian targets) — positive for its research/wealth positioning but with limited immediate P&L impact. Goldman Market Outlook Goldman Raises TSM Target
• Negative Sentiment: Apple has agreed to transfer Apple Card issuance to JPMorgan. Goldman expects a one‑time Q4 EPS boost from reserve releases but will lose ongoing card revenue and take carve‑out charges — a negative structural shift for its consumer finance footprint. Apple Card Switching to JPMorgan
• Negative Sentiment: Analysts expect GS may report a decline in upcoming earnings and highlight greater earnings volatility; this increases near‑term downside risk around the Q4 print (earnings expected Jan 15). Analysts Expect Earnings Decline
• Negative Sentiment: JPMorgan’s note lifting GS’s PT to $775 but keeping a neutral rating implies perceived downside from current levels and reflects some analyst caution despite the recent rally. JPMorgan Raises PT to $775
• Negative Sentiment: Commentary flags that CEO David Solomon faces the challenge of managing earnings volatility — a governance/operational risk investors are watching as markets reprice financials. Analyst on CEO Managing Earnings Volatility

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.