Narrative Update: Goldman Sachs Group Analyst Price Target Raised
Analysts have increased their price target for Goldman Sachs Group from $781.79 to $801.58, citing marginal improvements in profit margin and forward price-to-earnings estimates as key factors behind the adjustment.
What's in the News
- Goldman Sachs is in late-stage discussions to acquire a majority stake in Excel Sports Management, a talent agency representing clients such as Tiger Woods and Caitlin Clark. The deal, valued at about $1 billion, may be announced as soon as next week (Financial Times).
- Elevation Point has partnered with Goldman Sachs to provide expanded banking, lending, and asset management services, which broadens solutions for independent advisory teams and sophisticated clients.
- Goldman Sachs & Co. LLC and InspereX LLC have been named as Co-Lead Underwriters for several of Goldman Sachs Group's recent fixed-income offerings. These offerings total millions of dollars in debt issuance.
Valuation Changes
- Fair Value increased slightly from $781.79 to $801.58.
- Discount Rate declined marginally from 9.76% to 9.74%.
- Revenue Growth edged down moderately from 3.88% to 3.78%.
- Net Profit Margin improved incrementally from 28.76% to 28.79%.
- Future P/E rose from 15.71x to 16.13x.
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AnalystConsensusTarget is a tool utilizing a Large Language Model (LLM) that ingests data on consensus price targets, forecasted revenue and earnings figures, as well as the transcripts of earnings calls to produce qualitative analysis. The narratives produced by AnalystConsensusTarget are general in nature and are based solely on analyst data and publicly-available material published by the respective companies. These scenarios are not indicative of the company's future performance and are exploratory in nature. Simply Wall St has no position in the company(s) mentioned. Simply Wall St may provide the securities issuer or related entities with website advertising services for a fee, on an arm's length basis. These relationships have no impact on the way we conduct our business, the content we host, or how our content is served to users. The price targets and estimates used are consensus data, and do not constitute a recommendation to buy or sell any stock, and they do not take account of your objectives, or your financial situation. Note that AnalystConsensusTarget's analysis may not factor in the latest price-sensitive company announcements or qualitative material.