Analysts have raised their price target for Goldman Sachs Group from $710.58 to $738.25. This reflects improved outlooks for revenue growth and profit margins.
What's in the News
- Elevation Point is collaborating with Goldman Sachs to expand access to the bank's lending, trading, and asset management capabilities for partner firms, strengthening family office and advisory team solutions (Key Developments).
- Goldman Sachs & Co. LLC and InspereX LLC have been added as Co-Lead Underwriters for multiple recent fixed-income offerings totaling over $20 million (Key Developments).
- Speculation is rising that Goldman Sachs may acquire a 50% stake in Froneri, valued at approximately $17.1 billion, as talks advance with PAI Partners (Key Developments).
- Goldman Sachs is reportedly exploring significant M&A moves, including recent talks with Northern Trust and Cliffwater LLC, and ongoing efforts to grow through acquisitions in asset management and ETFs (Key Developments).
- The company completed a major share buyback, repurchasing over 5.3 million shares, representing 1.81% of the company, for nearly $3 billion (Key Developments).
Valuation Changes
- Fair Value Estimate has increased from $710.58 to $738.25, reflecting a modest upward revision.
- Discount Rate has edged up slightly, rising from 9.73% to 9.77%.
- Revenue Growth forecast has improved, up from 3.88% to 4.18%.
- Net Profit Margin projection has risen marginally, moving from 27.68% to 27.90%.
- Future P/E ratio estimate has increased from 15.52x to 15.87x, indicating a higher earnings multiple expectation.
Disclaimer
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