Sohini Mondal
2 min read
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Valued at a market cap of $210.8 billion, The Goldman Sachs Group, Inc. (GS) is a global financial institution that delivers a range of financial services to a large and diversified client base that includes corporations, financial institutions, governments, and individuals. The New York-based company operates through Global Banking & Markets, Asset & Wealth Management, and Platform Solutions segments.
The company is expected to release its Q2 2025 earnings before the market opens on Wednesday, Jul. 16. Ahead of this event, analysts expect GS to post a profit of $9.61 per share, reflecting a growth of 11.5% from $8.62 per share reported in the same quarter last year. In addition, the company has surpassed Wall Street's bottom-line estimates in the past four quarters.
For fiscal 2025, analysts forecast Goldman Sachs to report an EPS of $44.12, an 8.8% increase from $40.54 reported in fiscal 2024. Moreover, in fiscal 2026, its earnings are expected to surge 14.1% year-over-year to $50.33 per share.
GS stock has soared 50.7% over the past 52 weeks, outperforming the S&P 500 Index’s ($SPX) 12.1% gain and the Financial Select Sector SPDR Fund’s (XLF) 26.3% returns during the same time frame.
Shares of Goldman Sachs rose 1.9% following the release of its strong Q1 2025 results on Apr. 14. The company reported net revenues of $15.1 billion, up 6% year-over-year, surpassing the Wall Street expectations. The revenue growth was driven by higher net revenues in the Global Banking & Markets segment, partially offset by a slight decline in Asset & Wealth Management revenues. The bottom line came in at $14.12 per share, marking a 21.9% increase from the prior year quarter and exceeding the consensus estimate by 11.1%.
Analysts' consensus view on GS stock remains moderately optimistic, with a "Moderate Buy" rating overall. Out of 23 analysts covering the stock, opinions include nine "Strong Buys," one "Moderate Buy,” and 13 "Holds.” As of writing, it is trading above the mean price target of $603.60.
On the date of publication, Sohini Mondal did not have (either directly or indirectly) positions in any of the securities mentioned in this article. All information and data in this article is solely for informational purposes. This article was originally published on Barchart.com