Goldman Sachs Group, Inc. (GS) Stock Forecast & Predictions

Goldman Sachs Group, Inc. GS: $399.81

200 West St, New York, New York, United States. | Sector: Finance and Insurance | Exchange: NEW YORK STOCK EXCHANGE INC. | Web: www.gs.com

  • Market Cap$131.75B
  • Change (52 Weeks)104.04%
  • Low (52 Weeks)$182.29
  • Goldman Sachs Group, Inc. (GS) Forecast Based on Technical Analysis


    Neutral
    Based on 16 Technical Indicators where 31.25% are on Buy, 18.75% on Sell, and 50.00% Neutral.

    According to the market data, Goldman Sachs Group, Inc. (GS) stock price is $399.81 and the 52 weeks low is $182.29, which means the Goldman Sachs Group, Inc. stock price is up 104.04% in the last 12 months.

    Goldman Sachs Group, Inc. (GS) Stock Price has been Trending Strongly with an ADX reading of 44.04 as per the Weekly Chart.

    A Upward trend indicates that Goldman Sachs Group, Inc. (GS) Stock Price may keep going up, with temporary Retracement (the process of stock price bouncing because of short term profit taking by the traders and investors).

    Technical Indicators are algorithms that are used mostly by Technical traders to predict the price action of a stock.

    Based on our analysis of 16 technical indicators, 31.25% are indicating that GS Stock price might rise further, 18.75% indicating that GS Stock price might fall, and 50.00% are in a neutral position.

    Based on these technical algorithms, overall GS stock price has a Neutral Signal, which means the stock price has the potential to move either up or down, depending on the nature of consolidating market phase, since majority of indicators are providing a neutral signal.

    Goldman Sachs Group, Inc. (GS) Stock Forecast By Analysts


    Strong Buy
    Analysts Recommendations for Goldman Sachs Group, Inc. (GS) is based on 37 Institutional Analyst Ratings where 45.95% are on Strong Buy, 24.32% on Moderate Buy, 27.03% remains on Hold, 0.00% are on Moderate Sell and 2.70% are on Strong Sell.

    Out of 37 Institutional Analysts, majority recommended GS stock as Strong Buy. Since most investors and traders follow analyst ratings closely, this can be a potentially driving factor for the future stock price of Goldman Sachs Group, Inc..

    Goldman Sachs Group, Inc. (GS) Stock Price Prediction By Analysts


    HighLowAverage
    $559.65$333.30$434.70
    $434.708.73% Upside
    Updated: 2021-09-19 00:00:00

    The Average Price target for GS set by the institutional analysts is $434.70 where High Estimate is $559.65, Median $441.15000000000003 and Low $333.30.

    The average price target for GS by Institutional Analysts is $434.70, which is 8.73% Upside from the current price. So according to the Institutional Analysts, GS Stock might be a bit undervalued at this stage and there’s potential for upside.

    However, although Institutional Analysts set their price targets after extensive research, they’re not always correct. After all, the market is mostly driven by investors speculation and emotion than just concrete numbers.

    Goldman Sachs Group, Inc. (GS) Stock Forecast Based on Investor Sentiment


    Very Positive

    Based on 480,058 investor portfolio.

    Our algorithm has analysed 480,058 investor portfolio with GS stock holdings and found that 99.50% of them are bullish. Which means the Investor Sentiment is mostly Very Positive.

    This shows most investors are very optimistic about GS and holding their positions hoping for a further rise in the stock price and more profit.

    Goldman Sachs Group, Inc. (GS) Stock Forecasts By Institutional Analysts


    Analyst
    Recommendation
    Action
    Morgan StanleyUnderweightMaintained
    Piper SandlerOverweightMaintained
    OppenheimerOutperformMaintained
    JMP SecuritiesMarket OutperformMaintained
    JP MorganOverweightMaintained
    JefferiesBuyInitiated
    Piper SandlerOverweightMaintained
    BMO CapitalOutperformMaintained
    RBC CapitalSector PerformMaintained
    Piper SandlerOverweightMaintained
    OppenheimerOutperformMaintained
    DA DavidsonNeutralMaintained
    Credit SuisseOutperformMaintained
    BarclaysOverweightMaintained
    JMP SecuritiesOutperformMaintained
    CitigroupBuyMaintained
    UBSNeutralDowngraded
    Deutsche BankHoldMaintained
    Morgan StanleyUnderweightMaintained
    CitigroupBuyMaintained
    Morgan StanleyUnderweightMaintained
    Credit SuisseOutperformMaintained
    BarclaysOverweightUpgraded
    Morgan StanleyUnderweightDowngraded
    Credit SuisseOutperformMaintained
    JMP SecuritiesMarket OutperformMaintained
    BMO CapitalOutperformMaintained
    B of A SecuritiesBuyMaintained
    JMP SecuritiesMarket OutperformMaintained
    Morgan StanleyEqual-WeightMaintained
    UBSBuyUpgraded
    CitigroupBuyMaintained
    Morgan StanleyEqual-WeightMaintained
    Credit SuisseOutperformMaintained
    B of A SecuritiesBuyMaintained
    Seaport GlobalBuyInitiated
    CitigroupBuyMaintained
    Morgan StanleyEqual-WeightMaintained
    UBSNeutralMaintained
    Deutsche BankHoldDowngraded
    BMO CapitalOutperformUpgraded
    OppenheimerOutperformMaintained
    BMO CapitalMarket PerformMaintained
    CFRAHoldUpgraded
    JMP SecuritiesMarket OutperformMaintained
    Wells FargoOverweightMaintained
    Piper SandlerOverweightMaintained
    Deutsche BankBuyMaintained
    Wells FargoOverweightMaintained
    OppenheimerOutperformMaintained
    CitigroupBuyMaintained
    Morgan StanleyEqual-WeightMaintained
    BerenbergHoldUpgraded
    UBSNeutralMaintained
    B of A SecuritiesBuyMaintained
    JP MorganOverweightMaintained
    Morgan StanleyEqual-WeightMaintained
    Morgan StanleyEqual-WeightMaintained
    CitigroupBuyMaintained
    Odeon CapitalHoldDowngraded
    DA DavidsonBuyMaintained
    BMO CapitalMarket PerformMaintained
    JMP SecuritiesMarket OutperformUpgraded
    DA DavidsonBuyInitiated
    Buckingham ResearchBuyUpgraded
    B of A SecuritiesBuyUpgraded
    DA DavidsonBuyInitiated
    Wells FargoOverweightMaintained
    CitigroupBuyUpgraded
    Morgan StanleyEqual-WeightMaintained
    Morgan StanleyEqual-WeightMaintained
    OppenheimerOutperformMaintained
    BMO CapitalMarket PerformMaintained
    Keefe Bruyette & WoodsOutperformUpgraded
    Odeon CapitalHoldUpgraded
    Morgan StanleyEqual-WeightMaintained
    BMO CapitalMarket PerformMaintained
    OppenheimerOutperformMaintained
    Societe GeneraleSellDowngraded
    Morgan StanleyEqual-WeightMaintained
    Credit SuisseOutperformMaintained
    Credit SuisseOutperformMaintained
    Bank of AmericaNeutralDowngraded
    Morgan StanleyEqual-WeightDowngraded
    BMO CapitalMarket PerformMaintained
    OppenheimerOutperformMaintained
    Keefe Bruyette & WoodsMarket PerformMaintained
    Credit SuisseNeutralMaintained
    BuckinghamNeutralMaintained
    BMO CapitalMarket PerformMaintained
    BuckinghamNeutralMaintained
    BernsteinOutperformInitiated
    Morgan StanleyOverweightMaintained
    Morgan StanleyOverweightMaintained
    Wells FargoOutperformMaintained
    Vertical GroupBuyUpgraded
    Vertical GroupSellDowngraded
    Morgan StanleyOverweightMaintained
    BuckinghamNeutralMaintained
    BMO CapitalMarket PerformMaintained
    CitigroupNeutralMaintained
    CitigroupNeutralMaintained
    HSBCHoldDowngraded
    UBSNeutralDowngraded
    Keefe Bruyette & WoodsMarket PerformDowngraded
    OppenheimerOutperformMaintained
    Atlantic EquitiesOverweightUpgraded
    CitigroupNeutralUpgraded
    RaffertyHoldDowngraded
    BerenbergSellDowngraded
    Compass PointNeutralInitiated
    CitigroupSellDowngraded
    Atlantic EquitiesNeutralDowngraded
    HSBCBuyInitiated
    Deutsche BankBuyUpgraded
    NomuraNeutralDowngraded
    Keefe Bruyette & WoodsOutperformUpgraded
    MacquarieOutperformUpgraded
    RaffertyBuyMaintained
    CitigroupNeutralDowngraded
    GuggenheimBuyUpgraded
    RaffertyBuyUpgraded
    CitigroupBuyMaintained
    OppenheimerOutperformMaintained
    OppenheimerOutperformMaintained
    BerenbergHoldInitiated
    Credit SuisseOutperformMaintained
    Credit SuisseOutperformMaintained
    JP MorganOverweightUpgraded
    UBSBuyUpgraded
    OppenheimerOutperformMaintained
    Deutsche BankHoldMaintained
    NomuraBuyUpgraded
    MacquarieNeutralMaintained
    BarclaysEqual-WeightMaintained
    Bank of AmericaBuyMaintained
    NomuraNeutralMaintained
    Morgan StanleyOverweightUpgraded
    Sandler O'NeillBuyUpgraded
    CitigroupBuyUpgraded
    OppenheimerOutperformMaintained
    OppenheimerOutperformUpgraded
    Bank of AmericaBuyUpgraded
    Evercore ISI GroupBuyUpgraded
    CitigroupNeutralMaintained
    Deutsche BankHoldDowngraded
    MKM PartnersBuyMaintained
    Keefe Bruyette & WoodsMarket PerformDowngraded
    BarclaysEqual-WeightMaintained
    SusquehannaNeutralMaintained
    Deutsche BankBuyMaintained
    JMP SecuritiesMarket PerformDowngraded
    Credit SuisseOutperformMaintained
    BarclaysEqual-WeightMaintained
    GuggenheimBuyInitiated
    SusquehannaNeutralDowngraded
    MacquarieNeutralMaintained
    Keefe, Bruyette & WoodsOutperformUpgraded
    CitigroupNeutralMaintained
    MKM PartnersBuyInitiated
    UBSNeutralMaintained
    MacquarieNeutralMaintained
    JP MorganUnderweightMaintained
    BarclaysEqual-WeightMaintained
    BernsteinMarket PerformDowngraded
    SunTrust Robinson HumphreyNeutralMaintained
    Sandler O'NeillHoldMaintained
    S&P Capital IQSellDowngraded
    GuggenheimBuyUpgraded
    NomuraNeutralInitiated
    Societe GeneraleSellInitiated
    GuggenheimNeutralMaintained
    Deutsche BankBuyUpgraded
    Mediobanca SecuritiesUnderperformDowngraded
    GuggenheimNeutralDowngraded
    CLSAOutperformDowngraded
    NomuraBuyMaintained
    Keefe Bruyette & WoodsMarket PerformInitiated
    Credit SuisseOutperformMaintained
    Bank of AmericaNeutralDowngraded
    GuggenheimBuyInitiated
    Deutsche BankHoldDowngraded
    CitigroupNeutralDowngraded
    CitigroupNeutralDowngraded
    Sandler O'NeilHoldDowngraded
    NomuraBuyMaintained
    ISI GroupNeutralMaintained
    UBSNeutralMaintained
    ISI GroupHoldMaintained
    Deutsche BankBuyMaintained
    NomuraBuyMaintained
    SusquehannaPositiveUpgraded
    SunTrust Robinson HumphreyNeutralInitiated
    ISI GroupHoldMaintained
    UBSNeutralDowngraded
    CitigroupBuyMaintained
    ISI GroupHoldMaintained
    Deutsche BankBuyMaintained
    UBSBuyMaintained
    FBR CapitalOutperformMaintained
    JMP SecuritiesUnderperformDowngraded
    Morgan StanleyEqual-WeightMaintained
    UBSBuyMaintained
    CitigroupBuyMaintained
    Bank ofericaNeutralMaintained
    Morgan StanleyEqual-WeightMaintained
    Deutsche BankBuyMaintained

    Goldman Sachs Group, Inc. (GS) Stock Earning Per Share (EPS) Forecast / Estimate


    $10.543
    The average consensus EPS for GS is $10.543 with a high estimate of $15.152 and Low of $8.046 for the period 2021-12-31 and based on 22 Institutional Analysts.

    Last Quarter


    Actual
    Estimate
    Date
    $15.02$10.54705582021-06-30


    Earning Per Share (EPS) History


    Actual
    Estimate
    Date
    $$9.95592852021-09-30
    $15.02$10.54705582021-06-30
    $18.6$10.52942222021-03-31
    $12.08$7.6982715000000012020-12-31
    $9.68$5.73631722020-09-30
    $6.26$3.89839550000000032020-06-30
    $3.11$3.45473332020-03-31
    $4.69$5.6300832019-12-31
    $4.79$4.95919252019-09-30
    $5.81$5.0385643000000012019-06-30
    $5.71$5.0321371000000012019-03-31
    $6.04$4.58561152018-12-31
    $6.28$5.54013312018-09-30
    $5.98$4.7950620000000012018-06-30
    $6.95$5.7517672000000012018-03-31
    $5.68$5.06208952017-12-31
    $5.02$4.29321512017-09-30
    $3.95$3.48732252017-06-30
    $5.15$5.46815672017-03-31
    $5.08$4.96536219999999952016-12-31
    $4.88$3.93599052016-09-30
    $3.72$3.08803272016-06-30
    $2.68$2.52485962016-03-31
    $4.68$3.64085432015-12-31
    $2.9$3.00118312015-09-30
    $4.75$4.00414562015-06-30
    $5.94$4.38588420000000052015-03-31
    $4.38$4.45020772014-12-31
    $4.57$3.30288040000000032014-09-30
    $4.1$3.13925462014-06-30
    $4.02$3.5507192014-03-31
    $4.6$4.34396322013-12-31
    $2.88$2.50153012013-09-30
    $3.7$2.90554760000000022013-06-30
    $4.29$3.99256842013-03-31
    $5.6$3.89557332012-12-31
    $2.85$2.18029372012-09-30
    $1.78$1.19990882012-06-30
    $3.92$3.6747312012-03-31
    $1.84$1.27641722011-12-31

    What is Analyst Ratings & Price Targets?

    The analysts provide Buy, Sell or Hold ratings after extensive research of a companies financial reports, listening to conference calls and some of them even get in contact with upper management of the company to get an overall picture of operation.

    Although institutional Analyst’s are not always correct, their ratings are followed by millions of traders around the world and they can heavily influence trading activities for a company.

    As a retail investor, going through analyst ratings will instantly provide you an idea if the stock is worth buying. Top Analysts also provide their price targets. It’s a prediction of where the stock price might go based on their analysis.

    The best way to analyze price targets is to combined average price targets of major analysts. If the average price target is much higher than the current price of the stock, then the probability of a stock going up is also high.

    What is Technical Analysis?

    Technical Analysis refers to analyzing a stock's price over a period of time. In the financial market, past price patterns are one of the strongest indicators of an asset's future performance.

    In easier terms, millions of traders use Live Charts to watch the stock prices, it is actually a single source of truth for most traders. When a stock's price reaches a significant price level/pattern in the chart, millions of traders take buy/sell positions from those levels.

    As a regular investor, one of the easiest ways to check technical analysis of a stock is through Technical Indicators. Technical Indicators are programmed algorithms that monitor price changes in the Charts and indicate Buy/Sell based on market conditions.

    Some Technical Indicators can be very powerful (e.g SMA) and some can be pretty useless. Stock research tools like iTradely heavily simplify the technical analysis process for the investors by showing Buy/Sell/Neutral ratings combined from 17 powerful technical indicators, all in one page.

    What is Earnings Per Share (EPS) and Why is it Important?

    EPS, or Earning Per Share, can tell a lot about a stock’s performance. It’s calculated by dividing a company’s profit by the number of outstanding shares of its common stocks.

    In layman’s term, earnings is an indicator of a company’s profitability. Higher the earnings, the more profitable a company is.
    Some traders pick stocks solely based on EPS or earnings Analysis, it is a very powerful indicator of a stock’s price.

    Before you buy a stock, check the company’s earnings History and Surprises. A Surprise happens when a company reports a much higher or lower actual earnings/EPS than the forecasted earnings/EPS.

    If a company reports higher EPS surprises consistently, analysts keep raising their estimates, traders become more confident in the company, driving the share price higher.

    What is Stock Sentiment?

    Stock Sentiment refers to how people speculating about the stock or what kind of trading position investors are often taking.

    There are different kinds of sentiments you can find online for a company, this includes Investor Sentiment (Percentage of investors buying or selling), News Sentiment (Is the company getting positive or negative impressions from the Press?), Social Sentiment (The overall trends about the company in social media, is it negative or positive?).