Goldman Sachs

The Goldman Sachs Group, Inc.

Goldman Sachs is a New York-based global investment bank and one of the bulge-bracket firms. Its Global Investment Research division publishes equity, credit, economic and strategy research, and held ratings on about 3,000 stocks worldwide as of January 2026.

Company history

Marcus Goldman founded the firm in New York in 1869; his son-in-law Samuel Sachs joined in 1882, and the partnership adopted the Goldman, Sachs & Co. name in 1885. It joined the New York Stock Exchange as a member firm in 1896 and remained privately owned until its 1999 NYSE listing. It became a bank holding company in 2008 and today operates global banking and markets, and asset and wealth management businesses.

  1. 1869Marcus Goldman founds the firm in New York
  2. 1882Samuel Sachs joins; partnership later renamed Goldman, Sachs & Co.
  3. 1896Joins the New York Stock Exchange
  4. 1999Initial public offering on the NYSE
  5. 2008Becomes a bank holding company
  6. 2018David Solomon becomes chief executive officer

Research

Global Investment Research held ratings on 3,055 equity securities as of January 1, 2026. Analysts place stocks on regional Investment Lists as Buy or Sell based on total return potential relative to their coverage universe; other actively rated stocks are Neutral. Regional Conviction Lists are drawn from Buy-rated stocks, and the division also publishes macroeconomic, commodities and portfolio-strategy research.

Coverage12M

Stocks
1,169
Ratings
1,732
Price targets
1,911
Median upside
+13.4%
Upgrades
142
Downgrades
132
Initiations
63
Reiterations
1,395
Targets raised
938
Targets cut
598
  • Positive48%448
  • Neutral37%350
  • Negative15%140

Sectors

  • Information Technology16%
  • Industrials13%
  • Consumer Discretionary13%
  • Health Care13%
  • Financials11%
  • Other10%
  • Energy6%

Ratings

  • Buy47%
  • Neutral38%
  • Sell15%

Listing

  • United States74%
  • United Kingdom2%
  • Canada2%
  • China2%

Activity24M

RatingsPrice targets522
Oct 2024 · Ratings 149 · Price targets 117Nov 2024 · Ratings 143 · Price targets 45Dec 2024 · Ratings 115 · Price targets 13Jan 2025 · Ratings 138 · Price targets 13Feb 2025 · Ratings 139 · Price targets 6Mar 2025 · Ratings 121 · Price targets 13Apr 2025 · Ratings 212 · Price targets 20May 2025 · Ratings 214 · Price targets 14Jun 2025 · Ratings 87 · Price targets 13Jul 2025 · Ratings 54 · Price targets 23Aug 2025 · Ratings 89 · Price targets 14Sep 2025 · Ratings 70 · Price targets 59Oct 2025 · Ratings 194 · Price targets 194Nov 2025 · Ratings 128 · Price targets 113Dec 2025 · Ratings 87 · Price targets 130Jan 2026 · Ratings 113 · Price targets 297Feb 2026 · Ratings 129 · Price targets 202Mar 2026 · Ratings 109 · Price targets 27Apr 2026 · Ratings 150 · Price targets 117May 2026 · Ratings 70 · Price targets 177Jun 2026 · Ratings 108 · Price targets 154Jul 2026 · Ratings 291 · Price targets 231Aug 2026 · Ratings 225 · Price targets 184Sep 2026 · Ratings 103 · Price targets 51
Oct '24Oct '25Sep '26

Most covered24M

StockRatingTargetActionsLast action
HOODRobinhood Markets, Inc.Buy$14227Sep 8
IVZInvesco Ltd.Neutral$3021Apr 29
AAPLApple Inc.Buy$36018Aug 17
COINCoinbase Global, Inc.Buy$21917Sep 9
ENPHEnphase Energy, Inc.Buy$4715Sep 21
GEMIGemini Space Station, Inc. Class A Common StockSell$3.5015Sep 9
JBLJabil Inc.Buy$37515Sep 8
NVDANVIDIA CorporationBuy$30015Sep 10
FIVEFive Below, Inc.Buy$21614Sep 4
FLNCFluence Energy, Inc.Neutral$914Sep 18

Analysts24M

  • Eric SheridanSNAP · ETSY · AMZN73
  • James SchneiderMRVL · MU · SNDK54
  • Michael NgAAPL · SOFI · FOXA37
  • Alexander BlosteinNTRS · IVZ · BLK36
  • Lizzie DoveMGM · HGV · FUN35
  • David RomanDOCS · EW · PODD35

Recent actions

StockRating actionRatingTargetDate
BKRKFDowngradeBuyNeutralSep 22
PTBRYDowngradeNeutralSep 22
PPERFDowngradeBuySellSep 22
On Holding AGONONReiterateBuySep 22
CMPGYReiterateNeutralSep 22
XDNCFUpgradeSellBuySep 21
Waters CorporationWATTarget$425$515Sep 21
Marathon Petroleum CorporationMPCTarget$73$472Sep 21
Sunrun Inc.RUNTarget$15$13Sep 21
Enphase Energy, Inc.ENPHTarget$57$47Sep 21
Tempus AI, Inc.TEMInitiateNeutral$75Sep 21

Similar coverage12M

References

  1. Goldman Sachs - Wikipediaen.wikipedia.org
  2. A Brief History of Goldman Sachsgoldmansachs.com
  3. Jan Hatzius - Goldman Sachs leadershipgoldmansachs.com
  4. Goldman Sachs Research report with rating disclosures (January 2026 distribution)goldmansachs.com
  5. Goldman Sachs sees slightly softer FICC business in Q3 - Reuters (September 2026)reuters.com