BNP Paribas Exane Issues Pessimistic Forecast for The Goldman Sachs Group (NYSE:GS) Stock Price

The Goldman Sachs Group (NYSE:GS) had its target price reduced by stock analysts at BNP Paribas Exane from $970.00 to $940.00 in a research report issued on Friday,MarketScreener reports. The firm currently has a “neutral” rating on the investment management company’s stock. BNP Paribas Exane’s target price points to a potential upside of 1.87% from the stock’s previous close.

GS has been the topic of several other research reports. Argus raised their price target on 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. Zacks Research lowered The Goldman Sachs Group from a “strong-buy” rating to a “hold” rating in a research note on Monday, March 16th. Autonomous Res cut their target price on The Goldman Sachs Group from $1,047.00 to $960.00 and set an “outperform” rating on the stock in a research note on Thursday, January 15th. UBS Group reiterated a “neutral” rating and issued a $930.00 target price on shares of The Goldman Sachs Group in a research note on Monday, April 13th. Finally, HSBC cut their target price on The Goldman Sachs Group from $802.00 to $729.00 in a research note on Wednesday, April 1st. Eight research analysts have rated the stock with a Buy rating and fourteen have assigned a Hold rating to the company’s stock. Based on data from MarketBeat.com, the stock presently has a consensus rating of “Hold” and a consensus price target of $922.71.

The Goldman Sachs Group Stock Down 0.9%

Shares of The Goldman Sachs Group stock traded down $8.52 during trading on Friday, hitting $922.78. 211,838 shares of the stock traded hands, compared to its average volume of 2,383,267. The firm has a market cap of $272.21 billion, a P/E ratio of 16.87, a price-to-earnings-growth ratio of 1.20 and a beta of 1.32. The company has a current ratio of 1.10, a quick ratio of 0.66 and a debt-to-equity ratio of 2.56. The Goldman Sachs Group has a 52-week low of $531.45 and a 52-week high of $984.70. The stock’s fifty day simple moving average is $868.37 and its 200 day simple moving average is $861.39.

The Goldman Sachs Group (NYSE:GS) last announced its quarterly earnings results on Monday, April 13th. The investment management company reported $17.55 EPS for the quarter, beating the consensus estimate of $15.92 by $1.63. The firm had revenue of $17.23 billion for the quarter, compared to analyst estimates of $16.66 billion. The Goldman Sachs Group had a return on equity of 16.02% and a net margin of 14.13%.The business’s revenue for the quarter was up 14.4% on a year-over-year basis. During the same quarter last year, the firm posted $14.12 earnings per share. On average, equities analysts predict that The Goldman Sachs Group will post 59.53 earnings per share for the current fiscal year.

Insider Buying and Selling at The Goldman Sachs Group

In other news, Treasurer Carey Halio sold 2,846 shares of the business’s stock in a transaction dated Tuesday, January 27th. The stock was sold at an average price of $927.17, for a total transaction of $2,638,725.82. Following the sale, the treasurer owned 2,017 shares in the company, valued at approximately $1,870,101.89. The trade was a 58.52% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, insider Alex S. Golten sold 1,115 shares of the business’s stock in a transaction dated Friday, April 17th. The stock was sold at an average price of $919.19, for a total value of $1,024,896.85. Following the sale, the insider owned 3,694 shares in the company, valued at $3,395,487.86. The trade was a 23.19% decrease in their position. The disclosure for this sale is available in the SEC filing. In the last three months, insiders have sold 34,003 shares of company stock valued at $32,216,641. Insiders own 0.55% of the company’s stock.

Institutional Investors Weigh In On The Goldman Sachs Group

A number of large investors have recently modified their holdings of the business. IFM Investors Pty Ltd grew its stake in shares of The Goldman Sachs Group by 4.9% during the first quarter. IFM Investors Pty Ltd now owns 61,546 shares of the investment management company’s stock worth $52,067,000 after acquiring an additional 2,883 shares during the last quarter. Mitchell Mcleod Pugh & Williams Inc. grew its stake in shares of The Goldman Sachs Group by 1.2% during the first quarter. Mitchell Mcleod Pugh & Williams Inc. now owns 1,320 shares of the investment management company’s stock worth $1,117,000 after acquiring an additional 16 shares during the last quarter. Bayban grew its stake in shares of The Goldman Sachs Group by 54.3% during the first quarter. Bayban now owns 216 shares of the investment management company’s stock worth $183,000 after acquiring an additional 76 shares during the last quarter. Key Financial Inc grew its stake in shares of The Goldman Sachs Group by 141.1% during the first quarter. Key Financial Inc now owns 364 shares of the investment management company’s stock worth $308,000 after acquiring an additional 213 shares during the last quarter. Finally, Global Trust Asset Management LLC lifted its holdings in shares of The Goldman Sachs Group by 4.3% during the first quarter. Global Trust Asset Management LLC now owns 3,383 shares of the investment management company’s stock worth $2,862,000 after purchasing an additional 139 shares during the period. Hedge funds and other institutional investors own 71.21% of the company’s stock.

The Goldman Sachs Group News Roundup

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

• Positive Sentiment: Q1 beat and bullish analyst notes — coverage highlighting GS’s strong Q1 results and investment-banking rebound is supporting the stock’s move higher as investors price in durable fee momentum. After Solid Q1, Should You Hold or Fold Goldman at Current Level?
• Positive Sentiment: Advisory mandate wins — Goldman has been tapped to run a strategic review that may lead to a stake sale for Princeton Digital Group (PDG), a visible M&A mandate that drives fee revenue and showcases dealflow. Warburg Pincus-Backed PDG Is Said to Tap Goldman for Stake Sale
• Positive Sentiment: Alternatives expansion — Goldman Sachs Alternatives committed $50M to BLP Digital, signaling growth in fee-rich alternatives and tech-enabled investing that supports long-term revenue diversification. Goldman Sachs Alternatives Invests $50 Million in BLP Digital
• Neutral Sentiment: ETF product closures — GSAM is liquidating two municipal/corporate bond ETFs; a product-level move with limited near-term balance-sheet impact but worth monitoring for asset-gathering trends. Goldman Sachs Asset Management Announces Liquidation of Two Exchange-Traded Funds
• Neutral Sentiment: Market/sector research influence — Goldman is flagging rising AI concentration in the S&P 500 and maintaining nuanced market targets; its research is moving sentiment but is not a direct revenue event. ‘AI Stocks Now Make Up 45% of the S&P 500,’ Says Goldman Sachs
• Neutral Sentiment: Portfolio / regional corporate actions — ING’s Polish unit completed a PLN 405m deal to take full control of Goldman Sachs TFI, a localized asset-sale/exit that trims GS’s non-core footprint without altering core U.S. franchises. ING Groep’s Polish Unit Takes Full Control of Goldman Sachs TFI in PLN 405m Deal
• Negative Sentiment: Analyst caution and lower targets — BofA trimmed GS’s price target (while keeping a Buy) and flagged investor caution, which can cap upside and increase volatility around the name. BofA Flags Investor Caution on The Goldman Sachs Group, Inc. (GS) Despite Solid Quarterly Performance
• Negative Sentiment: Insider selling — a reported insider sale of about $1.0M in GS stock can be read negatively by some investors, even if small relative to the company’s market cap. Insider Selling: The Goldman Sachs Group (NYSE:GS) Insider Sells $1,024,896.85 in Stock
• Negative Sentiment: Macro warning from Goldman’s research — a Fortune write-up highlights GS’s view that K-shaped dynamics (rising divergence in housing affordability and consumer stress) could intensify in 2026, implying credit and consumer risk that could pressure financial stocks longer term. Good news: Rumors of a K-shaped economy are overblown so far, says Goldman Sachs. Bad news: 2026 is the year it will really bite

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.