What Wall Street Analysts Think of Goldman Sachs Stock Ahead of Earnings
Jan 13, 2025
What Wall Street Analysts Think of Goldman Sachs Stock Ahead of Earnings


Key Takeaways



Goldman Sachs ( GS ) is set to report fourth-quarter results before the market opens Wednesday, with analysts expecting revenue and net interest income growth.

Of the 13 analysts covering the stock tracked by Visible Alpha, seven have a "buy" or equivalent rating, while six have a "hold" rating. Their consensus price target at roughly $617 would suggest about 10% upside from Friday’s closing price of $560.

Wall Street expects the bank to report revenue of $12.3 billion, 8.7% higher year-over-year, and net interest income of $2.1 billion, up from $1.34 billion a year earlier, after a stronger-than-expected third quarter .

Investors will also be watching for other big banks including JPMorgan Chase ( JPM ), Wells Fargo ( WFC ), and Citigroup ( C ) to report their results Wednesday morning. Bank of America ( BAC ) is set to follow Thursday, along with Morgan Stanley ( MS ) and others.

Goldman Sachs shares lost over 3% in Friday's session amid a broader market decline , but have gained close to 50% over the past 12 months.

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