Freedom Capital Markets has upgraded Goldman Sachs Group Inc (GS) to a Hold rating from Sell, reflecting a more optimistic outlook on the company's prospects. This change, effective October 16, 2025, may signal improved fundamentals or enhanced confidence in Goldman Sachs' strategic direction.
Goldman Sachs operates in the financial services sector, providing a range of services through its segments: Global Banking & Markets, Asset & Wealth Management, and Platform Solutions. The company, headquartered in New York City, employs 48,300 full-time staff and has a market capitalization of $235.8 billion. As of now, GS shares are priced at $810.31, with a P/E ratio of 14.15 and an impressive dividend yield of 203.2%.
Upcoming earnings reports are scheduled for July 13, 2026, and April 12, 2026, with earnings per share estimates of $13.58 and $15.34, respectively. Recent performance has been strong, with Q3 2025 EPS reported at $12.25, surpassing estimates by 8.1%. This trend of positive earnings surprises may have influenced the recent analyst sentiment shift.
Analyst ratings, including this recent upgrade, are based on extensive research and financial modeling. While they provide valuable insights, investors should consider a range of factors when making decisions, including company fundamentals and industry trends. The consensus among analysts currently stands at Buy, with 7 Strong Buy, 8 Buy, 16 Hold, 1 Sell, and no Strong Sell ratings among 32 total analysts.
Such decisions reflect the evolving perceptions of Goldman Sachs' market position and future potential, as analysts reassess their views in light of new information.