Keefe, Bruyette & Woods Forecasts Strong Price Appreciation for The Goldman Sachs Group (NYSE:GS) Stock

The Goldman Sachs Group (NYSE:GS) had its price objective increased by Keefe, Bruyette & Woods from $1,050.00 to $1,130.00 in a report issued on Wednesday,Benzinga reports. The firm currently has a “market perform” rating on the investment management company’s stock. Keefe, Bruyette & Woods’ price objective suggests a potential upside of 3.23% from the stock’s current price.

GS has been the topic of several other reports. BNP Paribas Exane lowered their price objective on shares of The Goldman Sachs Group from $970.00 to $940.00 and set a “neutral” rating on the stock in a research note on Friday, April 24th. Morgan Stanley set a $1,145.00 target price on shares of The Goldman Sachs Group in a research note on Wednesday. Barclays lifted their price target on The Goldman Sachs Group from $1,048.00 to $1,245.00 and gave the stock an “overweight” rating in a report on Wednesday. Royal Bank Of Canada reissued a “neutral” rating on shares of The Goldman Sachs Group in a research report on Monday, April 13th. Finally, Wells Fargo & Company upped their price objective on The Goldman Sachs Group from $1,195.00 to $1,325.00 and gave the company an “overweight” rating in a research note on Wednesday. Ten investment analysts have rated the stock with a Buy rating, twelve have issued a Hold rating and one has assigned a Sell rating to the company’s stock. Based on data from MarketBeat.com, the company presently has a consensus rating of “Hold” and an average target price of $1,061.43.

The Goldman Sachs Group Price Performance

NYSE:GS opened at $1,094.61 on Wednesday. The stock has a market capitalization of $322.92 billion, a PE ratio of 16.89, a P/E/G ratio of 1.48 and a beta of 1.30. The Goldman Sachs Group has a 1-year low of $691.88 and a 1-year high of $1,153.99. The firm has a fifty day simple moving average of $1,032.61 and a 200 day simple moving average of $944.59. The company has a current ratio of 1.11, a quick ratio of 0.63 and a debt-to-equity ratio of 2.83.

The Goldman Sachs Group (NYSE:GS) last posted its quarterly earnings results on Tuesday, July 14th. The investment management company reported $20.98 earnings per share (EPS) for the quarter, topping the consensus estimate of $14.54 by $6.44. The firm had revenue of $20.34 billion for the quarter, compared to analyst estimates of $16.22 billion. The Goldman Sachs Group had a net margin of 15.53% and a return on equity of 18.59%. The company’s quarterly revenue was up 39.4% compared to the same quarter last year. During the same period in the prior year, the firm posted $10.91 earnings per share. On average, research analysts expect that The Goldman Sachs Group will post 60.44 EPS for the current fiscal year.

Insider Activity at The Goldman Sachs Group

In related news, insider Kathryn H. Ruemmler sold 14,292 shares of The Goldman Sachs Group stock in a transaction dated Wednesday, May 6th. The shares were sold at an average price of $939.07, for a total transaction of $13,421,188.44. Following the completion of the sale, the insider owned 15,657 shares of the company’s stock, valued at approximately $14,703,018.99. The trade was a 47.72% decrease in their position. The sale was disclosed in a filing with the SEC, which is accessible through the SEC website. Also, insider Alex S. Golten sold 1,116 shares of the company’s stock in a transaction dated Thursday, April 23rd. The shares were sold at an average price of $936.18, for a total transaction of $1,044,776.88. Following the completion of 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 position. The disclosure for this sale is available in the SEC filing. Over the last 90 days, insiders sold 32,566 shares of company stock worth $30,712,978. 0.55% of the stock is currently owned by corporate insiders.

Hedge Funds Weigh In On The Goldman Sachs Group

Several institutional investors and hedge funds have recently made changes to their positions in the company. Brighton Jones LLC increased its position in The Goldman Sachs Group by 17.1% during the 4th quarter. Brighton Jones LLC now owns 3,474 shares of the investment management company’s stock worth $1,989,000 after buying an additional 508 shares during the period. Revolve Wealth Partners LLC boosted its position in shares of The Goldman Sachs Group by 7.0% in the fourth quarter. Revolve Wealth Partners LLC now owns 888 shares of the investment management company’s stock valued at $508,000 after acquiring an additional 58 shares during the period. Sivia Capital Partners LLC boosted its position in shares of The Goldman Sachs Group by 90.1% in the second quarter. Sivia Capital Partners LLC now owns 1,551 shares of the investment management company’s stock valued at $1,098,000 after acquiring an additional 735 shares during the period. Schnieders Capital Management LLC. grew its stake in shares of The Goldman Sachs Group by 9.3% in the second quarter. Schnieders Capital Management LLC. now owns 821 shares of the investment management company’s stock valued at $581,000 after acquiring an additional 70 shares in the last quarter. Finally, Main Street Financial Solutions LLC grew its stake in shares of The Goldman Sachs Group by 22.2% in the second quarter. Main Street Financial Solutions LLC now owns 2,150 shares of the investment management company’s stock valued at $1,522,000 after acquiring an additional 391 shares in the last quarter. Institutional investors and hedge funds own 71.21% of the company’s stock.

The Goldman Sachs Group News Summary

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

• Positive Sentiment: Goldman Sachs posted record Q2 2026 results, with net revenues of $20.34 billion and EPS of $20.98, both well above expectations, driven by stronger trading, investment banking, and asset management performance.
• Positive Sentiment: The company raised its quarterly dividend by 11% to $5.00 per share and authorized a $4 billion share repurchase program, reinforcing confidence in capital strength and shareholder returns. Article Title
• Positive Sentiment: Analysts turned more constructive after the earnings beat, with Bank of America lifting its price target to $1,300 and Keefe, Bruyette & Woods raising its target to $1,130, reflecting higher earnings expectations.
• Positive Sentiment: Goldman’s equity underwriting revenue jumped sharply as a rebound in capital markets activity, including AI and SpaceX-related fundraising, helped drive one of the strongest ECM quarters in years.
• Positive Sentiment: CEO David Solomon’s comments that AI is still in the “early innings” and that the U.S. economy remains resilient support the view that Goldman’s revenue momentum could continue.
• Neutral Sentiment: Some commentary suggests the stock’s recent rally has already captured much of the improved outlook, with at least one analyst warning the shares may be getting “frothy” after the earnings spike.
• Neutral Sentiment: Goldman also remains in the spotlight for non-operating headlines, including coverage of former executive Kathryn Ruemmler’s testimony in the Epstein probe, though this appears more reputational than financially material right now.
• Negative Sentiment: Broader market weakness, especially a tech-led selloff, is also weighing on sentiment and may be pressuring financial stocks even after Goldman’s strong report.

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.