Zacks Research Downgrades The Goldman Sachs Group (NYSE:GS) to Hold

The Goldman Sachs Group (NYSE:GS) was downgraded by stock analysts at Zacks Research from a “strong-buy” rating to a “hold” rating in a research report issued to clients and investors on Monday,Zacks.com reports.

Other equities analysts also recently issued reports about the stock. JPMorgan Chase & Co. boosted their target price on shares of The Goldman Sachs Group from $815.00 to $826.00 and gave the stock a “neutral” rating in a report on Tuesday, March 10th. UBS Group reiterated a “neutral” rating and issued a $990.00 price target on shares of The Goldman Sachs Group in a research note on Wednesday, February 4th. Barclays lifted their price objective on shares of The Goldman Sachs Group from $850.00 to $1,048.00 and gave the company an “overweight” rating in a research report on Monday, January 5th. Royal Bank Of Canada upped their target price on shares of The Goldman Sachs Group from $900.00 to $1,030.00 and gave the company a “sector perform” rating in a report on Tuesday, January 20th. Finally, Argus raised their target price on shares of The Goldman Sachs Group from $863.00 to $1,066.00 and gave the company a “buy” rating in a research note on Friday, January 16th. Eight analysts have rated the stock with a Buy rating and fourteen have issued a Hold rating to the stock. According to data from MarketBeat, The Goldman Sachs Group presently has a consensus rating of “Hold” and an average price target of $919.29.

The Goldman Sachs Group Stock Down 0.2%

GS stock opened at $805.07 on Monday. The company has a quick ratio of 0.66, a current ratio of 0.66 and a debt-to-equity ratio of 2.60. The business has a 50 day moving average price of $902.09 and a two-hundred day moving average price of $844.80. The company has a market cap of $238.90 billion, a price-to-earnings ratio of 15.70, a P/E/G ratio of 0.99 and a beta of 1.34. The Goldman Sachs Group has a twelve month low of $439.38 and a twelve month high of $984.70.

The Goldman Sachs Group (NYSE:GS) last posted its quarterly earnings results on Thursday, January 15th. The investment management company reported $13.55 earnings per share for the quarter, topping the consensus estimate of $11.52 by $2.03. The Goldman Sachs Group had a return on equity of 15.72% and a net margin of 13.73%.The firm had revenue of $15.71 billion for the quarter, compared to analyst estimates of $14.30 billion. The business’s quarterly revenue was down 3.0% on a year-over-year basis. During the same quarter in the previous year, the firm earned $11.95 EPS. Analysts anticipate that The Goldman Sachs Group will post 47.12 EPS for the current fiscal year.

Insider Transactions at The Goldman Sachs Group

In related news, CFO Denis P. Coleman sold 11,623 shares of The Goldman Sachs Group stock in a transaction dated Monday, February 9th. The shares were sold at an average price of $941.57, for a total transaction of $10,943,868.11. Following the completion of the sale, the chief financial officer owned 29,342 shares of the company’s stock, valued at approximately $27,627,546.94. The trade was a 28.37% decrease in their position. The sale was disclosed in a filing with the SEC, which is accessible through the SEC website. Also, Director David A. Viniar sold 45,000 shares of the company’s stock in a transaction dated Friday, January 16th. The shares were sold at an average price of $965.33, for a total transaction of $43,439,850.00. Following the completion of the transaction, the director owned 555,000 shares in the company, valued at approximately $535,758,150. This trade represents a 7.50% decrease in their position. The disclosure for this sale is available in the SEC filing. Over the last 90 days, insiders sold 117,283 shares of company stock valued at $112,016,033. Corporate insiders own 0.55% of the company’s stock.

Hedge Funds Weigh In On The Goldman Sachs Group

A number of large investors have recently made changes to their positions in the company. Vanguard Group Inc. grew its holdings in The Goldman Sachs Group by 1.5% in the 4th quarter. Vanguard Group Inc. now owns 29,014,431 shares of the investment management company’s stock valued at $25,503,685,000 after buying an additional 418,820 shares in the last quarter. State Street Corp lifted its holdings in shares of The Goldman Sachs Group by 2.1% during the fourth quarter. State Street Corp now owns 19,564,783 shares of the investment management company’s stock worth $17,197,444,000 after buying an additional 394,198 shares in the last quarter. Fisher Asset Management LLC lifted its holdings in shares of The Goldman Sachs Group by 1.7% during the fourth quarter. Fisher Asset Management LLC now owns 6,771,556 shares of the investment management company’s stock worth $5,952,199,000 after buying an additional 110,134 shares in the last quarter. Geode Capital Management LLC boosted its position in shares of The Goldman Sachs Group by 0.7% in the fourth quarter. Geode Capital Management LLC now owns 6,726,721 shares of the investment management company’s stock valued at $5,896,795,000 after acquiring an additional 45,266 shares during the period. Finally, Bank of America Corp DE grew its stake in shares of The Goldman Sachs Group by 3.4% in the fourth quarter. Bank of America Corp DE now owns 5,978,034 shares of the investment management company’s stock valued at $5,254,692,000 after acquiring an additional 194,109 shares in the last quarter. Institutional investors own 71.21% of the company’s stock.

Key Headlines Impacting The Goldman Sachs Group

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

• Positive Sentiment: Goldman is reported to be leading the underwriter race for a potential SpaceX/Starlink IPO — a large, high-profile mandate that would generate significant fees and bolster investment-banking revenue expectations. SpaceX Now Has 10,000 Starlink Satellites In Space — And Polymarket Is Betting The IPO Is Coming Soon
• Positive Sentiment: Goldman’s trading/asset-management presence shows up in crypto flows — coverage notes Goldman became a large XRP ETF buyer, highlighting fee-generating ETF activity and diversification outside traditional banking. XRP Price Prediction: Will the XRP Price Surge If the CLARITY Act Passes?
• Neutral Sentiment: Goldman reiterated a bullish S&P 500 call (large, longer‑term market view). That helps sentiment but is more macro than an immediate earnings driver for GS itself. Goldman Sachs doubles down on bold S&P 500 forecast
• Neutral Sentiment: Goldman research shows small businesses are adopting AI but few integrate it effectively — useful for long-term product and advisory opportunities, but not an immediate revenue catalyst. Goldman Sachs says small businesses are embracing AI, but fewer than 1 in 5 are good at actually integrating it
• Negative Sentiment: Goldman has cut its U.S. growth forecast and raised the probability of recession — a bearish macro signal from the firm’s own research that can sap risk appetite and pressure trading and M&A activity across the bank’s businesses. Goldman Sachs Just Issued a New Warning on the U.S. Economy — And It’s Not Just About Oil
• Negative Sentiment: Goldman warns the Middle East shock will disproportionately hit refined fuels (diesel, jet fuel) and raised inflation/PCE forecasts — energy-driven macro risk increases volatility and could hurt trading and credit exposure. Goldman Sachs Warns Oil’s Biggest Shock Will Hurt Fuels Most
• Negative Sentiment: Goldman research notes hedge funds are aggressively reducing exposure to financials and U.S. banks hold large private‑credit books — a sector-wide risk that can depress GS multiple and trading flows. Hedge Funds Dump Financial Stocks at Record Pace Amid Growing Market Uncertainty
• Negative Sentiment: Senior-banker movement: JPMorgan appointed Goldman’s Yi Zhang to co-head China IBD and Nomura hired an ex‑Goldman derivatives salesperson — departures of senior rainmakers can pressure deal pipelines and client coverage. JPMorgan names Goldman’s Yi Zhang as China investment banking co-head Nomura Hires Ex-Goldman’s Connolly to Boost Derivative Sales
• Negative Sentiment: Goldman’s research lowered India growth and warned the rupee could slide to 95, signaling regional FX/funding stress that could weigh on EM trading and advisory revenues. Goldman Sachs cuts India’s growth forecast to 6.4% for FY27, sees Re sliding to 95

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.