Goldman Sachs stock forecast: Third-party price targets

Goldman Sachs (GS) is trading at $763.96 at 1:57pm UTC on 13 October 2025, near the lower end of its intraday range of $763.95-$790.72. The stock has fallen from recent highs amid broader financial sector volatility.

By Dan Mitchell8 hours ago

Goldman Sachs Stock Forecast 2025–2030 | Future Outlook — Source: shutterstock

Goldman Sachs approaches its Q3 2025 earnings release, scheduled for Tuesday, 14 October. Analysts expect earnings per share (EPS) of $11.06 and revenue of $14.07bn, driven by investment banking activity and M&A advisory fees (Investing.com, 13 October 2025). Trading activity indicates heightened volatility expectations, with options traders pricing in a 5.6% move following the earnings announcement (TipRanks, 13 October 2025).

Analyst forecasts and estimates may differ significantly from actual results. Past performance is not a reliable indicator of future outcomes.

Goldman Sachs stock forecast: Analyst price target view

Wells Fargo (overweight rating)

Wells Fargo analyst Mike Mayo maintains an overweight rating with a price target of $855. The firm cites strong investment banking revenue expectations and steady growth in fee-based business activity amid recovering M&A volumes (MarketBeat, 20 September 2025).

UBS Group (neutral rating)

UBS analyst Brennan Hawken raised the price target from $762 to $805, maintaining a neutral rating. The revision reflects updated models that include three projected rate cuts in 2025 and valuations extended to 2027 (GuruFocus, 7 October 2025).

Evercore ISI (outperform rating)

Evercore ISI analyst Glenn Schorr increased the price target from $752 to $830, maintaining an outperform rating. The firm highlights robust trading revenue and stronger capital management as key factors supporting the higher estimate (Benzinga, 9 October 2025).

Morgan Stanley (equal weight rating)

Morgan Stanley analyst Betsy Graseck raised the price target from $706 to $854, maintaining an equal weight rating. The increase reflects valuations rolled forward to 2027 and adjustments for lower rate expectations across the banking sector (TipRanks, 29 September 2025).

Keefe, Bruyette & Woods (market perform rating)

KBW analyst David Konrad lifted the price target from $790 to $850, maintaining a market perform rating. The firm notes greater visibility on investment banking fee recovery and sustained trading revenue strength ahead of Q3 earnings (MarketBeat, 13 October 2025).

Analyst price targets cluster between $805 and $855, with investment banking revenue recovery and growth in fee-based business activity identified as shared drivers across most forecasts.

Forecasts and third-party estimates are subject to change and may not reflect future performance. Past performance is not a reliable indicator of future results.

GS stock price: Technical overview

Goldman Sachs is trading at $763.96 as of 1:57pm UTC on 13 October 2025, below its short-term moving average cluster, with the 20-, 50-, 100-, and 200-day SMAs at approximately 792, 760, 712, and 646 respectively. The stock has moved beneath the 20-day SMA amid consolidation, while the 50-over-100-over-200 alignment remains intact, indicating a stable longer-term trend structure.

Momentum appears neutral, with the 14-day RSI at 43.10, reflecting neither overbought nor oversold conditions, while the ADX at 27.60 signals a moderately established trend environment. The first resistance area sits near the Classic Pivot R1 at 841, with a daily close above that level bringing the 886 region into view as the next technical reference point.

On the downside, initial support lies at the Classic Pivot near 781, followed by the 50-day SMA region around 760. A break below the 100-day SMA near 712 could expose a deeper move toward the 677 level, which marks the next notable support reference (TradingView, 13 October 2025).

This analysis is provided for informational purposes only and does not constitute financial advice or a recommendation to buy or sell any instrument.

Goldman Sachs share price history

Goldman Sachs listed publicly in May 1999 at $53 per share, though the investment bank’s origins date back to 1869, when Marcus Goldman founded the firm in New York.

GS reached an all-time high of $854 on 29 September 2025, reflecting a notable recovery from pandemic-era lows. The stock began 2024 near $387, rising steadily through the year despite sector-wide headwinds and increased regulatory scrutiny. Momentum strengthened in late 2024, with GS breaking above $600 by December and maintaining an upward trend into 2025.

The rally extended through 2025, with GS advancing from $573 at the end of 2024 to peak levels above $850 by September. Key contributors included strong investment banking revenue, resilient trading activity, and a rebound in M&A volumes. In recent weeks, the stock has consolidated, easing from September highs amid wider financial sector volatility.

Goldman Sachs last closed at $763.96 on 10 October 2025, around 33.4% higher year to date and 56.2% higher year on year.

Past performance is not a reliable indicator of future results.

Capital.com’s client sentiment for Goldman Sachs CFDs

Capital.com client positioning in Goldman Sachs CFDs currently shows a strong buy bias, with 83.7% of positions long and 16.3% short. This represents a 67.4-percentage-point difference in favour of buyers, keeping sentiment skewed towards long positions as of 13 October 2025.

This data reflects open client positions on Capital.com and is subject to change.

FAQ

Is Goldman Sachs a good stock to buy?

Whether Goldman Sachs stock is considered suitable for purchase depends on an individual’s risk tolerance, investment objectives, and market outlook. Analyst ratings currently span from neutral to outperform, illustrating varying perspectives on valuation and sector conditions. This content is for general information only and should not be regarded as financial advice.

Could Goldman Sachs stock go up or down?

Like all listed equities, Goldman Sachs shares may rise or fall depending on broader market conditions, company earnings, and macroeconomic factors such as interest rates and regulation. Past performance is not a reliable indicator of future results, and prices can move quickly in response to new data or market events.

Should I invest in Goldman Sachs stock?

Only you can decide whether investing in Goldman Sachs fits your financial goals and risk profile. It’s important to carry out independent research and ensure you understand the associated risks. Capital.com provides risk management tools and educational resources to help you learn about CFD trading and make informed decisions. CFDs are traded on margin – leverage amplifies both profits and losses.