Market Crisis Warning: Former Goldman Sachs CEO Lloyd Blankfein expresses concern about an impending market downturn, citing historical patterns of crises occurring every four to five years, while paradoxically advising investors to remain fully invested in equities.
Investment Strategy Insights: Blankfein emphasizes the importance of risk management over market timing, advocating for investments in large companies that can leverage new technologies, despite acknowledging the presence of significant risks in the current market landscape.
GS
$879.15+Infinity%1D
Analyst Views on GS
Wall Street analysts forecast GS stock price to fall over the next 12 months. According to Wall Street analysts, the average 1-year price target for GS is 829.54 USD with a low forecast of 750.00 USD and a high forecast of 890.00 USD. However, analyst price targets are subjective and often lag stock prices, so investors should focus on the objective reasons behind analyst rating changes, which better reflect the company's fundamentals.
14 Analyst Rating
Wall Street analysts forecast GS stock price to fall over the next 12 months. According to Wall Street analysts, the average 1-year price target for GS is 829.54 USD with a low forecast of 750.00 USD and a high forecast of 890.00 USD. However, analyst price targets are subjective and often lag stock prices, so investors should focus on the objective reasons behind analyst rating changes, which better reflect the company's fundamentals.
6 Buy
8 Hold
0 Sell
Moderate Buy
Current: 889.590
Low
750.00
Averages
829.54
High
890.00
Current: 889.590
Low
750.00
Averages
829.54
High
890.00
JPMorgan
JPMorgan
Overweight -> Neutral
downgrade
$625 -> $750
2025-10-20
Reason
JPMorgan
JPMorgan
Price Target
$625 -> $750
2025-10-20
downgrade
Overweight -> Neutral
Reason
JPMorgan downgraded Goldman Sachs (GS) to Neutral from Overweight with a price target of $750, up from $625. The firm has been positive on global investment banks for a while now, noting such banks have seen material EPS upgrades and multiple expansion. While JPMorgan is willing to pay a premium for Tier 1 players like Goldman Sachs and Morgan Stanley (MS), the current valuation of 14x for Goldman and 15.2x for Morgan Stanley on its 2027 forecasts looks too high a premium of roughly 80% versus European IBs, the analyst tells investors in a research note. The firm continues with its preference for Goldman Sachs and Morgan Stanley in the U.S.
JPMorgan
Neutral
maintain
$122 -> $157
2025-10-20
Reason
JPMorgan
Price Target
$122 -> $157
2025-10-20
maintain
Neutral
Reason
JPMorgan raised the firm's price target on Morgan Stanley (MS) to $157 from $122 and keeps a Neutral rating on the shares. The firm has been positive on global investment banks for a while now, noting such banks have seen material EPS upgrades and multiple expansion. While JPMorgan is willing to pay a premium for Tier 1 players like Goldman Sachs (GS) and Morgan Stanley, the current valuation of 14x for Goldman and 15.2x for Morgan Stanley on its 2027 forecasts looks too high a premium of roughly 80% versus European IBs, the analyst tells investors in a research note. The firm continues with its preference for Goldman Sachs and Morgan Stanley in the U.S.
Keefe Bruyette
Christopher McGratty
Market Perform
maintain
$850 -> $870
2025-10-17
Reason
Keefe Bruyette
Christopher McGratty
Price Target
$850 -> $870
2025-10-17
maintain
Market Perform
Reason
Keefe Bruyette analyst Christopher McGratty raised the firm's price target on Goldman Sachs to $870 from $850 and keeps a Market Perform rating on the shares. The near-term fundamental outlook remains strong with elevated M&A volumes, increased CEO confidence, and elevated client engagement, while greater regulatory clarity provide a medium-term catalyst for normalizing capital levels and further improving Goldman's ROTCE, the analyst tells investors in a research note.
Freedom Capital
analyst
Sell
to
Hold
upgrade
$633 -> $794
2025-10-17
Reason
Freedom Capital
analyst
Price Target
$633 -> $794
2025-10-17
upgrade
Sell
to
Hold
Reason
Freedom Capital upgraded Goldman Sachs to Hold from Sell with a price target of $794, up from $633, after the bank delivered "strong results" for Q3. The main drivers were the recovery of investment banking activity, an increase in fee income from asset management, and stable results in trading, notes the analyst, who cites an improved earnings forecasts and favorable sector environment for its raised rating and target.
About GS
The Goldman Sachs Group, Inc. is a global financial institution that delivers a range of financial services to a large and diversified client base that includes corporations, financial institutions, governments and individuals. Its segments include Global Banking & Markets, Asset & Wealth Management and Platform Solutions. The Global Banking & Markets segment offers a range of services, including financing, advisory services, risk distribution, and hedging for its institutional and corporate clients. It facilitates client transactions and makes markets in fixed income, equity, currency and commodity products. The Asset & Wealth Management segment manages assets and offers investment products across all asset classes to a diverse set of clients. It also provides investing and wealth advisory solutions. The Platform Solutions segment includes consumer platforms, such as partnerships offering credit cards and point-of-sale financing, and transaction banking and other platform businesses.
About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
