What is GS stock price target for 2026?

WallStSmart's 12-month price target for Goldman Sachs Group Inc is $836.96, representing 7.6% downside from the current price of $905.60.

What is GS stock forecast?

Goldman Sachs Group Inc forecast includes bull, base, and bear case scenarios from 2026 through 2030. Revenue and EPS projections are derived from analyst consensus and conservative extrapolation with growth deceleration for outer years.

Goldman Sachs Group Inc

NYSE: GS · FINANCIAL SERVICES · CAPITAL MARKETS

$905.60

-2.26% today

Updated 2026-04-29

Market cap

$274.13B

P/E ratio

16.86

P/S ratio

4.46x

EPS (TTM)

$54.79

Dividend yield

1.71%

52W range

$536 – $980

Volume

2.2M

Market cap

$274.13B

P/E ratio

16.86

P/S ratio

4.46x

EPS (TTM)

$54.79

Dividend yield

1.71%

52W range

$536 – $980

Volume

2.2M

Goldman Sachs Group Inc (GS) Financial Forecast & Price Target 2030

Research-backed projections from analyst consensus, management guidance, and sector analysis.

Price target summary

Current

$905.60

Consensus

$901.19

-0.49%

2030 Target

$834.22

-7.88%

DCF

—

Current price

$905.60

Analyst consensus

$901.19

-0.49%

2030 Target

$834.22

-7.88%

Intrinsic (DCF)

—

16 analysts:

3 Buy10 Hold1 Sell

Management guidance

No specific CEO revenue targets found in provided data. Most recent guidance indicates strong Q1 2026 performance with revenue beat on expectations. Management has not provided explicit 2026-2030 revenue guidance in available documents.

Sources: Management guidance, analyst consensus, sector analysishigh confidence

Revenue & price projection

Actual revenue Projected revenue Base case Bull to bear range

Bull case (2030)

$1,297.67

$79.9B Rev × 4.8x P/S

Base case (2030)

$834.22

$79.9B Rev × 3x P/S

Bear case (2030)

$463.46

$79.9B Rev × 1.8x P/S

Financial forecast — research-backed

Metric	2023	2024	2025	2026 (E)	2027 (E)	2028 (E)	2029 (E)	2030 (E)
Revenue	$108.4B	$126.9B	$125.1B	$65.6B	$68.8B	$72.1B	$75.8B	$79.9B
Revenue growth	—	17.0%	-1.4%	10.4%	4.8%	4.9%	5.1%	5.4%
EPS	$22.82	$40.19	$51.29	$59.96	$66.90	$71.50	$76.80	$82.50
P/S ratio	—	—	—	3.0x	3.0x	3.0x	3.0x	3.0x
Implied price	—	—	—	$648.84	$648.84	$741.53	$741.53	$834.22

Catalysts & risks

Growth catalysts

+ M&A advisory strength - Goldman topped North America M&A advisors by value in Q1 2026

+ Investment banking recovery - Expected 100 IPOs totaling $160B in 2026 creates significant fee opportunity

+ Alternatives and capital markets expansion - New leadership initiatives in alternatives capital markets

+ Institutional client flows - Volatility in markets driving increased institutional trading and capital deployment

Key risks

- Regulatory scrutiny - Ongoing shareholder lawsuits (1MDB settlement) create compliance and reputational risks

- Geopolitical volatility - Iran war creating market uncertainty and potential trading losses (bond desk weakness noted)

- Consumer banking headwinds - Expansion into consumer banking has underperformed; scaling consumer franchises remains challenging

- Competitive M&A pressures - Houlihan Lokey and others competing aggressively in advisory space

- Interest rate sensitivity - Capital markets volumes inversely correlated with rate stability

Methodology

Goldman Sachs Group Inc's forward estimates are derived from AI-powered research synthesis combining analyst consensus from 16 Wall Street analysts, management guidance from the latest earnings call, and sector growth forecasts from industry research. Revenue and EPS projections use analyst consensus where available and conservative extrapolation with growth deceleration for outer years. Price targets are calculated using a tiered Price-to-Sales (P/S) methodology, where the P/S multiple is determined by the projected revenue growth rate.

WallStSmart proprietary research model · Not financial advice · Past performance is not indicative of future results · Last researched: April 27, 2026.