The Goldman Sachs Group (NYSE:GS) Price Target Cut to $1,010.00 by Analysts at Royal Bank Of Canada

Posted by George Bondi on Oct 14th, 2026

The Goldman Sachs Group (NYSE:GS – Get Free Report) had its price target decreased by investment analysts at Royal Bank Of Canada from $1,220.00 to $1,010.00 in a research note issued to investors on Wednesday, MarketBeat.com reports. The firm presently has a “sector perform” rating on the investment management company’s stock. Royal Bank Of Canada’s price objective points to a potential upside of 14.09% from the company’s current price.

Several other analysts have also commented on the company. Rothschild & Co Redburn raised their price objective on The Goldman Sachs Group from $870.00 to $920.00 and gave the company a “neutral” rating in a report on Thursday, June 25th. Morgan Stanley set a $1,145.00 price target on shares of The Goldman Sachs Group in a research note on Wednesday, July 15th. Barclays lifted their target price on The Goldman Sachs Group from $1,048.00 to $1,245.00 and gave the company an “overweight” rating in a report on Wednesday, July 15th. Keefe, Bruyette & Woods upped their price objective on shares of The Goldman Sachs Group from $1,050.00 to $1,130.00 and gave the company a “market perform” rating in a research note on Wednesday, July 15th. Finally, Loop Capital set a $1,050.00 price target on The Goldman Sachs Group in a report on Thursday, October 8th. One analyst has rated the stock with a Strong Buy rating, nine have assigned a Buy rating, thirteen have assigned a Hold rating and one has issued a Sell rating to the company’s stock. According to data from MarketBeat, the company has an average rating of “Hold” and an average price target of $1,054.18.

Read Our Latest Stock Analysis on GS

The Goldman Sachs Group Stock Performance

GS traded down $6.63 during midday trading on Wednesday, reaching $885.28. The company had a trading volume of 374,015 shares, compared to its average volume of 2,203,428. The company has a market cap of $257.77 billion, a P/E ratio of 13.68, a P/E/G ratio of 0.98 and a beta of 1.29. The Goldman Sachs Group has a 1 year low of $740.01 and a 1 year high of $1,153.99. The business has a 50-day moving average of $984.44 and a two-hundred day moving average of $989.10. The company has a quick ratio of 0.63, a current ratio of 0.63 and a debt-to-equity ratio of 3.17.

The Goldman Sachs Group (NYSE:GS – Get Free Report) last posted its quarterly earnings data on Tuesday, October 13th. The investment management company reported $17.01 EPS for the quarter, topping the consensus estimate of $12.86 by $4.15. The company had revenue of $18.68 billion during the quarter, compared to analyst estimates of $16.83 billion. The Goldman Sachs Group had a net margin of 15.53% and a return on equity of 19.16%. The Goldman Sachs Group’s quarterly revenue was up 23.0% compared to the same quarter last year. During the same period in the previous year, the firm earned $12.25 earnings per share. As a group, equities research analysts predict that The Goldman Sachs Group will post 67.48 earnings per share for the current fiscal year.

Institutional Investors Weigh In On The Goldman Sachs Group

Hedge funds and other institutional investors have recently added to or reduced their stakes in the stock. BlackRock Inc. acquired a new position in shares of The Goldman Sachs Group in the 2nd quarter valued at approximately $24,172,123,000. Bank of America Corp DE bought a new position in shares of The Goldman Sachs Group during the 2nd quarter worth approximately $6,756,772,000. Orange County Employees Retirement System acquired a new stake in The Goldman Sachs Group during the second quarter worth approximately $69,537,544,000. Bank of New York Mellon Corp bought a new stake in The Goldman Sachs Group in the 2nd quarter valued at about $2,560,028,000. Finally, Corient Private Wealth LLC lifted its position in shares of The Goldman Sachs Group by 1,657.7% during the 4th quarter. Corient Private Wealth LLC now owns 2,596,487 shares of the investment management company’s stock valued at $2,282,312,000 after acquiring an additional 2,448,767 shares during the period. Hedge funds and other institutional investors own 71.21% of the company’s stock.

Key Stories Impacting The Goldman Sachs Group

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

Positive Sentiment: Powerful third-quarter earnings beat: Goldman reported diluted EPS of $17.01 versus the $12.86 consensus and revenue of $18.68 billion versus $16.83 billion expected. Revenue rose 23% year over year and net income increased 29% to $5.29 billion. Goldman Sachs quarterly profit rises on equities strength
Positive Sentiment: Trading and dealmaking drove results: Equities revenue surged 72% to $6.44 billion, while investment-banking fees rose 21% to $3.22 billion and advisory fees reached a record $1.65 billion. Management said deal activity remains robust despite some delayed IPOs. Goldman Q3 earnings beat on strong equities and investment banking revenues
Positive Sentiment: Shareholder returns and wealth management momentum: Goldman returned $4.49 billion to common shareholders, including $3 billion of buybacks, and reported a record $2.1 trillion in wealth-management assets. The board also declared a $5 quarterly dividend, or $20 annualized. Goldman Sachs supervised record wealth management assets
Neutral Sentiment: Leadership uncertainty eased: CEO David Solomon said there is no succession transition or timeline underway, reducing a near-term governance overhang. Goldman Sachs profits jump as CEO says no plans to exit
Negative Sentiment: Mixed trading composition: The equities surge was partly offset by weaker fixed-income and rates trading, raising questions about whether the exceptional trading environment can persist.
Negative Sentiment: Valuation and macro concerns remain: Morgan Stanley maintained a Hold rating and a $1,145 target, citing late-cycle risks. GS also trades below its 50-day and 200-day moving averages, while inflation, elevated rates and geopolitical uncertainty could weigh on future dealmaking. Goldman Sachs strong earnings surprise but late-cycle risks remain

The Goldman Sachs Group Company Profile

(Get Free Report)

The Goldman Sachs Group, Inc is a global financial services company headquartered in New York City. Founded in 1869, the firm provides services to corporations, financial institutions, governments, individuals and other clients through its investment banking, markets, asset management and wealth management businesses.

Goldman Sachs advises clients on mergers and acquisitions, financing and other strategic transactions, and facilitates trading in equities, fixed income, currencies and commodities.