Goldman Sachs Gears Up For Q4 Print; These Most Accurate Analysts Revise Forecasts Ahead Of Earnings Call

    Date:

    Loading…

    Loading…

    The Goldman Sachs Group, Inc. GS is expected to release earnings results for its fourth quarter before the opening bell on Jan. 16, 2024.

    Analysts expect the bank to report quarterly earnings at $3.41 per share, compared to $3.32 per share in the year-ago period. The company is projected to report revenue of $10.80 billion, compared to $10.59 billion in the year-earlier quarter, according to data from Benzinga Pro.

    Goldman Sachs Group’s Goldman Sachs Asset Management recently disclosed the closure of the West Street Life Sciences I fund. The company stated that Life Sciences I closed above its fundraising target with $650 million in equity commitments.

    Goldman Sachs shares fell 0.5% to close at $377.75 on Friday.

    Benzinga readers can access the latest analyst ratings on the Analyst Stock Ratings page. Readers can sort by stock ticker, company name, analyst firm, rating change or other variables.

    Let’s have a look at how Benzinga’s most-accurate analysts have rated the company in the recent period.

    • UBS analyst Brennan Hawken maintained a Buy rating and raised the price target from $382 to $440 on Jan. 9, 2024. This analyst has an accuracy rate of 69%.
    • Morgan Stanley analyst Betsy Graseck maintained an Equal-Weight rating and increased the price target from $329 to $333 on Dec. 4, 2023. This analyst has an accuracy rate of 60%.
    • Oppenheimer analyst Chris Kotowski maintained an Outperform rating and boosted the price target from $447 to $468 on Nov. 16, 2023. This analyst has an accuracy rate of 74%.
    • JMP Securities analyst Devin Ryan reiterated a Market Outperform rating with a price target of $440 on Oct. 18, 2023. This analyst has an accuracy rate of 71%.
    • Citigroup analyst Keith Horowitz maintained a Neutral rating and cut the price target from $400 to $380 on Sept. 21, 2023. This analyst has an accuracy rate of 74%.

     

    Read This Next: Qualcomm, NetApp And 2 Other Stocks Insiders Are Selling

    Loading…

    Loading…

    Go Source

    Chart

    Sign up for Breaking Alerts

    Share post:

    Popular

    More like this
    Related

    California Leads The Charge: Golden State Now Has 1 EV Charger For Every 5 Gas Stations

    Loading... Loading... In a significant development for California’s electric vehicle infrastructure, the Golden...

    Trump Vs Biden: New Poll Reveals Shift In 2024 Race As Public Divided On Presidents’ Legacies

    Loading... Loading... In a recent CNN poll, former President Donald Trump is found...

    Wait No More: Google Play Store Launches Parallel App Downloads

    Loading... Loading... Alphabet Inc.’s GOOG GOOGL Google Play Store has introduced...

    Why Tesla Rival BYD Charges Up To 3x More For EVs In Europe While China Prices Remain Shockingly Low

    Loading... Loading... While fears of a Chinese EV invasion grip the...