53/100BGoldman Sachs Group stock forecast 2026–2030
Analysts' average 12-month price target for Goldman Sachs Group is 1,130.75, 30.6% above the current price of 865.63. Their targets range from 942.00 to 1,325.00.
Of the 15 firms that rated Goldman Sachs Group in the past 12 months, 6 rate it buy or strong buy, 8 hold and 1 sell or strong sell (each firm at its latest rating): a Hold consensus.
Analysts' 1-year price targets range from 942.00 to 1,325.00, with an average of 1,130.75.
| Strong buy | 0 | |
| Buy | 6 | |
| Hold | 8 | |
| Sell | 1 | |
| Strong sell | 0 |
12-month price target
| Highest target | 1,325.00 |
| Average target | 1,130.75 |
| Lowest target | 942.00 |
| Current price | 865.63 |
Goldman Sachs Group price target history
Have analysts recently raised or lowered their Goldman Sachs Group price target and rating?
How analysts rate Goldman Sachs Group, month by month
6 of 15 firms rate it buy now, against 3 of 14 in December 2025.
Each month: every firm at its latest rating from the 12 months before. Strong buys count as buys, strong sells as sells.
Goldman Sachs Group analyst upgrades, downgrades and price targets
The latest rating change came on 23 October 2026, when Freedom Broker upgraded Goldman Sachs Group from Hold to Buy. The most recent new target came from UBS on 26 October 2026: 942.00.
| Date | Firm | Rating | Price target | Change | Price then |
|---|---|---|---|---|---|
| 26 Oct 2026 | UBS | — | 1,150.00 → 942.00 | -18.1% | 875.68 |
| 23 Oct 2026 | Freedom Broker | Upgraded · Hold → Buy | — | — | — |
| 14 Oct 2026 | Goldman Sachs Stephen Biggar | — | 970.00 → 1,280.00 | +32.0% | 885.90 |
| 14 Oct 2026 | RBC Capital | Reiterated · Sector Perform | 1,030.00 → 1,010.00 | -1.9% | 891.91 |
| 8 Oct 2026 | Loop Capital Markets | — | 1,050.00 | — | 887.21 |
| 6 Oct 2026 | Goldman Sachs | — | 1,000.00 → 970.00 | -3.0% | 904.21 |
| 1 Oct 2026 | Goldman Sachs | — | 1,300.00 → 1,000.00 | -23.1% | 900.36 |
| 3 Aug 2026 | UBS | Reiterated · Neutral | 1,120.00 → 1,150.00 | +2.7% | 1,017.73 |
| 21 Jul 2026 | HSBC | Upgraded · Reduce → Hold | — | — | — |
| 20 Jul 2026 | HSBC Saul Martinez | — | 604.00 → 995.00 | +64.7% | 1,055.03 |
| 16 Jul 2026 | Goldman Sachs | — | 1,200.00 → 1,300.00 | +8.3% | 1,152.07 |
| 16 Jul 2026 | Goldman Sachs | — | 1,190.00 → 1,200.00 | +0.8% | 1,152.07 |
| 15 Jul 2026 | Goldman Sachs | — | 955.00 → 1,190.00 | +24.6% | 1,138.15 |
| 15 Jul 2026 | Goldman Sachs | — | 1,245.00 → 955.00 | -23.3% | 1,140.00 |
| 15 Jul 2026 | Morgan Stanley Manan Gosalia | — | 900.00 → 1,145.00 | +27.2% | 1,140.00 |
| 15 Jul 2026 | Goldman Sachs Jason Goldberg | — | 1,130.00 → 1,245.00 | +10.2% | 1,140.00 |
| 15 Jul 2026 | Wells Fargo Mike Mayo | Reiterated · Overweight | 1,050.00 → 1,325.00 | +26.2% | 1,140.00 |
| 15 Jul 2026 | Goldman Sachs | — | 1,150.00 → 1,130.00 | -1.7% | 1,140.00 |
| 15 Jul 2026 | Jefferies | — | 1,299.00 | — | 1,140.00 |
| 7 Jul 2026 | Goldman Sachs | — | 1,075.00 → 1,150.00 | +7.0% | 1,042.14 |
| 7 Jul 2026 | UBS | Reiterated · Neutral | 990.00 → 1,120.00 | +13.1% | 1,048.93 |
| 6 Jul 2026 | Goldman Sachs | — | 1,100.00 → 1,075.00 | -2.3% | 1,048.80 |
| 30 Jun 2026 | Oppenheimer | Downgraded · Perform → Underperform | — | — | — |
| 23 Jun 2026 | Goldman Sachs | — | 930.00 → 1,100.00 | +18.3% | 1,106.37 |
| 12 Jun 2026 | Morgan Stanley | — | 828.00 → 900.00 | +8.7% | 1,035.64 |
| 8 May 2026 | Goldman Sachs | — | 1,066.00 → 930.00 | -12.8% | 925.87 |
| 14 Apr 2026 | Goldman Sachs | — | 1,050.00 → 1,066.00 | +1.5% | 899.01 |
| 14 Apr 2026 | Goldman Sachs Ebrahim Poonawala | — | 1,050.00 | — | 890.79 |
| 4 Feb 2026 | UBS | — | 805.00 → 990.00 | +23.0% | 918.27 |
| 20 Jan 2026 | RBC Capital Gerard Cassidy | Reiterated · Sector Perform | 560.00 → 1,030.00 | +83.9% | 962.00 |
| 16 Jan 2026 | Bank of America Securities | — | 1,100.00 | — | 969.92 |
| 16 Jan 2026 | Keefe Bruyette Christopher McGratty | Reiterated · Market Perform | 971.00 → 1,000.00 | +3.0% | 975.86 |
| 16 Jan 2026 | Wells Fargo | Reiterated · Overweight | 785.00 → 1,050.00 | +33.8% | 975.86 |
| 16 Jan 2026 | Evercore ISI Glenn Schorr | — | 830.00 → 1,075.00 | +29.5% | 975.86 |
| 7 Jan 2026 | HSBC | — | 604.00 | — | 944.36 |
| 5 Jan 2026 | Barclays | Reiterated · Overweight | 850.00 → 1,048.00 | +23.3% | 914.34 |
| 17 Dec 2025 | Keefe Bruyette | Reiterated · Market Perform | 870.00 → 971.00 | +11.6% | 879.15 |
Goldman Sachs Group EPS and revenue estimates
Analysts expect Goldman Sachs Group's EPS to grow 16.1% a year until 2028. Over the last 5 years it grew 15.7% a year, and over the last 3 years 19.5%.
Analysts expect Goldman Sachs Group's revenue to grow 9.4% a year until 2028. Over the last 5 years it grew 5.5% a year, and over the last 3 years 7.2%.
Revenue
EPS
Does Goldman Sachs Group beat earnings estimates?
On average, analysts' EPS estimate was 25.6% off the result, either way, and their revenue estimate 9.2%, over the last 12 quarters.
- EPS beats
- 91 / 105
- Revenue beats
- 70 / 105
- Average EPS surprise, last 12
- +25.6%
- Since
- June 1999
| Quarter | Report date | EPS estimate | Reported EPS | Surprise | Revenue estimate | Reported revenue | Surprise |
|---|---|---|---|---|---|---|---|
| Q3 FY2026 | 13 Oct 2026 | 12.86 | 17.01 | +32.3% | 16.83B | 18.68B | +11.0% |
| Q2 FY2026 | 14 Jul 2026 | 14.54 | 20.98 | +44.3% | 16.22B | 20.34B | +25.3% |
| Q1 FY2026 | 13 Apr 2026 | 16.47 | 17.55 | +6.6% | 16.99B | 17.23B | +1.4% |
| Q4 FY2025 | 15 Jan 2026 | 11.70 | 14.01 | +19.7% | 14.52B | 13.45B | -7.3% |
| Q3 FY2025 | 14 Oct 2025 | 11.03 | 12.25 | +11.1% | 14.12B | 15.18B | +7.5% |
| Q2 FY2025 | 16 Jul 2025 | 9.65 | 10.91 | +13.1% | 13.51B | 14.58B | +8.0% |
| Q1 FY2025 | 14 Apr 2025 | 12.32 | 14.12 | +14.6% | 14.77B | 15.06B | +2.0% |
| Q4 FY2024 | 15 Jan 2025 | 8.03 | 11.95 | +48.8% | 12.36B | 13.87B | +12.2% |
| Q3 FY2024 | 15 Oct 2024 | 6.89 | 8.40 | +21.9% | 11.77B | 12.70B | +7.9% |
| Q2 FY2024 | 15 Jul 2024 | 8.34 | 8.62 | +3.4% | 12.35B | 12.73B | +3.1% |
| Q1 FY2024 | 15 Apr 2024 | 8.56 | 11.58 | +35.3% | 12.94B | 14.21B | +9.8% |
| Q4 FY2023 | 16 Jan 2024 | 3.51 | 5.48 | +56.1% | 9.87B | 11.32B | +14.7% |
Goldman Sachs Group stock price 2026–2030: scenarios
If Goldman Sachs Group's earnings keep growing at the 16.1% a year analysts expect to FY2028, it would earn about 108.23 a share in FY2030. At the P/E it has traded at over the last five years (6.3 to 16.9) that is 686.07 to 1,831.30 a share, or 1,409.61 at its average P/E of 13.0. This is arithmetic on the analysts' estimates, not a prediction.
| Fiscal year | EPS | Bear | Base | Bull |
|---|---|---|---|---|
| FY2026 | 71.44 | 452.85 | 930.44 | 1,208.79 |
| FY2027 | 74.67 | 473.30 | 972.44 | 1,263.36 |
| FY2028 | 80.28 | 508.91 | 1,045.61 | 1,358.41 |
| FY2029 (extrapolated) | 93.22 | 590.89 | 1,214.04 | 1,577.23 |
| FY2030 (extrapolated) | 108.23 | 686.07 | 1,409.61 | 1,831.30 |
Each year's EPS is the analysts' consensus to FY2028; the years after continue its 16.1% a year. Bear, base and bull apply the lowest, average and highest P/E of the last five fiscal year ends (6.3, 13.0, 16.9).
Is Goldman Sachs Group stock undervalued or overvalued?
Goldman Sachs Group's P/E of 12.3 is below the middle of its 5-year range (5.0 to 20.8, median 15.1). Analysts do not expect slower growth than in recent years, so it is cheaper than its usual level. Buyers pay less for each point of growth than usual: a PEG of 0.8 on expected growth against 1.0 on its median P/E and past five years' growth. At its usual P/E (13.6 × EPS of 70.46), Goldman Sachs Group's fair value is 956.65; the price, 865.63, is 9.5% below it. Its forward P/E, on the consensus for FY2026, is 12.1.
Fair value is the usual (median) P/E of the last five years times the earnings per share of the last twelve months; the ends of the bar are the same earnings at its lowest and highest P/E of those years (5.0 and 20.8). The price against its P/E range
- Price to earnings ratio (TTM)
- 12.29
- Five-year median P/E
- 15.07
- Five-year P/E range
- 5.0 – 20.8
- Forward P/E (FY2026)
- 12.12
- PEG ratio
- 0.76
- To the average target
- +30.6%
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