Goldman Sachs consensus points to upside potential, stock in the S&P 500 spotlight

Goldman Sachs sits firmly in the S&P 500 with a predominantly positive analyst view. Current consensus data show a majority of Buy ratings and a marked gap between the GS share price and average Wall Street targets.

By Anna Wagner, Analysts & Consensus desk. Reviewed prior to publication on 2026-06-23, 08:09.

Goldman Sachs (US38141G1040) remains one of the heavyweight financials in the S&P 500 and trades on the NYSE under the ticker GS. On Wall Street, consensus data show a predominantly positive analyst stance with clear upside implied by average 12-month price targets, according to MarketScreener and other aggregators.

What current analyst data show

The Goldman Sachs stock is covered by more than 20 major research houses, including JPMorgan, Morgan Stanley and UBS, with most classifying the shares as Buy or Overweight. According to a 2026 consensus snapshot from MarketScreener consensus data, around two-thirds of analysts rate GS at Buy, with the remainder mostly at Hold.

The average analyst price target for Goldman Sachs sits clearly below some recent elevated spot quotations above 1,000 US dollars on certain data platforms, but still marks meaningful upside versus earlier-year trading ranges. Individual houses such as JPMorgan and Morgan Stanley keep targets in the mid-triple-digit area in US dollars and reiterate constructive views on earnings power, as reflected in recent analyst notes summarized by TipRanks’ GS forecast overview.

How Goldman Sachs compares in its sector

Within the US large-cap banking and investment banking universe, Goldman Sachs often appears in peer comparisons alongside JPMorgan Chase and Morgan Stanley. A Reuters sector overview for major Wall Street banks shows that GS trades at a price-to-book multiple typically above pure-play commercial banks, reflecting its investment banking and trading mix, while remaining below peak valuation levels of recent years, according to a recent Reuters banking sector report.

Sector-focused investors also watch the contribution from wealth and asset management, where Goldman Sachs positions itself against peers like Morgan Stanley and UBS. Consensus models compiled by MarketScreener suggest that analysts expect mid-single-digit revenue growth over the next two years, helped by fee income and more stable capital markets conditions, with return on equity assumptions in the low- to mid-teens.

How Goldman Sachs makes its money

Goldman Sachs Group, Inc. operates a diversified investment banking and financial services model spanning global markets, investment banking, asset and wealth management, and transaction banking. The group advises on mergers and acquisitions, underwrites equity and debt offerings, and runs trading operations across fixed income, currencies, commodities and equities.

Where the stock trades today

The Goldman Sachs shares (US38141G1040) trade on the NYSE at 2026-06-22, 22:00 at 1106.37 US dollars.

Key data on the Goldman Sachs shares

• Company: The Goldman Sachs Group, Inc.
• ISIN: US38141G1040
• WKN: 920332
• Ticker: GS
• Trading venue: NYSE
• Price (as of 2026-06-22, 22:00): 1106.37 USD
• Market cap: 361.0 billion USD (as of 2026-06-22)
• Sector / industry: Financials / Investment Banking & Brokerage
• Index membership: S&P 500, Dow Jones Industrial Average
• Next earnings date: 2026-07-15

This article is for informational purposes only and does not constitute investment advice, investment recommendation or an offer or solicitation to buy or sell any financial instrument. Investors should conduct their own research and, where appropriate, seek professional advice.