The Goldman Sachs Group, Inc. (NYSE:GS) is poised to report its financial results for the fourth quarter prior to the market opening on Thursday, January 15. Market analysts have consolidated their forecasts, anticipating Goldman Sachs will post earnings of $11.67 per share for the quarter. This figure represents a modest decline when compared with the $11.95 per share recorded during the same period a year prior.
Revenue expectations for Goldman Sachs also demonstrate growth, with analysts projecting quarterly revenue of approximately $14.12 billion. This is an increase over the $13.87 billion the investment banking firm reported in the fourth quarter of the preceding year, indicating a positive trajectory in top-line performance.
Over the recent three-year span, Goldman Sachs has demonstrated a consistent ability to surpass market expectations. The company has reported earnings per share above analyst estimates in nine consecutive quarters, while revenue has exceeded forecasts in ten straight periods, highlighting a trend of operational outperformance.
Despite this steady track record, shares of Goldman Sachs experienced a slight dip of 0.6 percent, closing at $932.67 on Wednesday ahead of the earnings announcement. This decline comes amid heightened market anticipation and analyst activity leading up to the release.
A range of influential analysts have updated their outlooks and price targets for Goldman Sachs stock in recent months, reflecting nuanced views on the firm's valuation and future earnings potential. These revisions offer investors critical context as they evaluate the upcoming earnings report.
JP Morgan's analyst Kian Abouhossein recently maintained a Neutral rating on the stock while raising his price target from $750 to $775 as of January 8, 2026. Notably, this analyst holds a 76% accuracy rate, signaling a reliable insight into Goldman Sachs' stock performance.
On January 5, 2026, Barclays analyst Jason Goldberg retained an Overweight rating and increased his price target substantially from $850 to $1,048. This suggests an optimistic stance on the firm's long-term prospects, underpinned by his 62% accuracy rate in stock recommendations.
Keefe, Bruyette & Woods’ David Konrad remains somewhat conservative with a Market Perform rating but elevated his price target from $870 to $971 on December 17, 2025. His 79% accuracy lends credibility to his moderated outlook.
Citigroup's Keith Horowitz has kept a Neutral rating and shifted his price target upward from $700 to $765 on October 16, 2025. His 80% accuracy ratio indicates solid forecasting capability in his evaluation of Goldman Sachs.
Meanwhile, Morgan Stanley analyst Betsy Graseck adjusted her positioning with an Equal-Weight rating while slightly lowering her price target from $854 to $828 as of October 15, 2025, reflecting a more tempered expectation. Graseck’s accuracy rate stands at 62%.
These varied analyses provide a spectrum of institutional sentiment ahead of the fourth-quarter results, illuminating differing perspectives on Goldman Sachs' earnings momentum and valuation benchmarks.
Investors tracking Goldman Sachs stock can access up-to-date analyst ratings through platforms offering comprehensive sorting options by company, rating changes, and analytic firm, aiding informed decision-making.
Throughout this earnings cycle, Goldman Sachs' performance metrics and broker estimates will be closely scrutinized for indications on how the firm is navigating current economic and market pressures. The evolution of price targets and ratings by top analysts will play a pivotal role in shaping investor sentiment following the earnings disclosure.