Goldman Sachs Group Inc. (The) ($GS) Stock Forecast: Down 1.9% Today

What is Goldman Sachs Group Inc. (The)?

Goldman Sachs (GS) is a leading global investment bank and financial services company. The stock is a key player in the financial sector and is closely watched by investors for its performance in the market.

Why is Goldman Sachs Group Inc. (The) going down?

GS stock is down 1.9% on Jan 7, 2025 15:28

• The bearish movement in GS stock today could be attributed to a recent downgrade by a top Wall Street analyst, potentially impacting investor sentiment negatively.
• The change in outlook by the analyst may have sparked concerns among investors regarding the future prospects of the company, leading to a sell-off of the stock.
• Analyst ratings play a significant role in investor decision-making, with any notable downgrade, especially for a prominent company like Goldman Sachs, carrying weight in the market.
• The downgrade by the analyst may have overshadowed any positive developments related to the company, contributing to the bearish trend in GS stock today.

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This Goldman Sachs Analyst Is No Longer Bullish; Here Are Top 5 Downgrades For Monday - CME Gr ( NASDAQ:CME ) , Goldman Sachs Gr ( NYSE:GS )

Top Wall Street analysts changed their outlook on these top names. For a complete view of all analyst rating changes, including upgrades, downgrades and initiations, please see our analyst ratings page. Piper Sandler analyst Brent Bracelin downgraded the rating for ZoomInfo Technologies Inc.

https://www.benzinga.com/25/01/42820764/this-goldman-sachs-analyst-is-no-longer-bullish-here-are-top-5-downgrades-for-monday

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Goldman Sachs Group Inc. (The) Price History

03.08.2024 - GS Stock was down 3.7%

• The bearish movement in GS stock today could be attributed to the company's plans to lay off up to 1,800 employees as part of its annual performance review process.
• Investors might be reacting negatively to the potential impact of the layoffs on the company's workforce and operations, leading to a decrease in the stock price.
• The market sentiment towards GS could be further influenced by concerns about the company's strategic direction, particularly in relation to workforce management and cost-cutting measures.
• Overall, the news of significant job cuts at Goldman Sachs seems to have contributed to the bearish movement in the stock today as investors assess the potential implications on the company's performance and future prospects.

06.10.2024 - GS Stock was up 13.7%

• Despite reports of unusual bearish options activity by deep-pocketed investors, Goldman Sachs Group (GS) experienced a significant bullish movement today.
• The stock's impressive performance over the past 5 years, outperforming the market and delivering solid returns, likely contributed to investor confidence and buying interest.
• The positive market sentiment towards GS may have been further boosted by the company's strong fundamentals and market capitalization.
• It seems that despite the bearish stance taken by some investors, the overall market sentiment and performance of GS have remained robust, leading to the bullish movement observed today.

06.10.2024 - GS Stock was up 14.5%

• Despite indications from options records suggesting a bearish stance from wealthy investors, this sentiment did not deter the stock's bullish movement today.
• Over the last 5 years, Goldman Sachs Group Inc. has consistently outperformed the market, delivering strong annualized returns. This robust historical performance could be driving the current bullish trend.
• The optimistic market outlook towards Goldman Sachs Group Inc. today may be influenced by factors outside the options market, potentially linked to broader market trends or specific company advancements.

07.00.2025 - GS Stock was down 1.9%

• The bearish movement in GS stock today could be attributed to a recent downgrade by a top Wall Street analyst, potentially impacting investor sentiment negatively.
• The change in outlook by the analyst may have sparked concerns among investors regarding the future prospects of the company, leading to a sell-off of the stock.
• Analyst ratings play a significant role in investor decision-making, with any notable downgrade, especially for a prominent company like Goldman Sachs, carrying weight in the market.
• The downgrade by the analyst may have overshadowed any positive developments related to the company, contributing to the bearish trend in GS stock today.

04.09.2024 - GS Stock was down 0.0%

• The recent decrease in short interest in GS indicates a potential lack of confidence in the stock, contributing to the bearish movement.
• The comparison of GS's dip being more significant than the broader market suggests specific factors affecting the company negatively.
• The -1% change in GS's stock price could be a result of overall market sentiment impacting the stock negatively.
• Investors might be reevaluating their positions in GS due to recent developments or concerns, leading to the bearish movement in the stock.

10.08.2024 - GS Stock was down 5.2%

• The options market showed a bearish stance on Goldman Sachs, indicating a negative sentiment among investors with significant capital.
• Despite being considered a great dividend stock, the downgrade by Goldman Sachs itself on another company (SBI) might have impacted market confidence in GS.
• The decline in GS stock price, exceeding the market's overall decrease, could be a result of the negative sentiment surrounding the company.
• The initiation of coverage on other real estate investment trusts (REITs) by Goldman Sachs might have diverted investor attention away from GS, contributing to the bearish movement in its stock price.

18.11.2024 - GS Stock was down 1.5%

• The bearish movement in Goldman Sachs (GS) today could be attributed to profit-taking by investors after a recent bullish run.
• The options market showing a bullish stance on GS might indicate a divergence in sentiment between options traders and stock investors, leading to increased volatility.
• The anticipation of the Federal Reserve's policy meeting could have influenced market sentiment, with investors possibly adjusting their positions in GS based on expectations for interest rates and economic outlook.
• Despite recent positive developments like the revival of global M&A deals and promising expansion in private equity, GS's stock performance still lags behind the overall market, suggesting that investors may be seeking stronger returns elsewhere.

13.01.2024 - GS Stock was down 3.0%

• The UK's long-term cost of Brexit has impacted the country's economy, potentially affecting Goldman Sachs' performance.
• The false positive recession signal may have contributed to the bearish movement in the market, including the decline in Goldman Sachs' stock.
• The focus on cloud computing stocks may have diverted investor attention away from traditional financial institutions like Goldman Sachs, leading to a bearish market movement.
• The mention of other beverage stocks, while not directly related to Goldman Sachs, could have influenced investor sentiment and contributed to the bearish movement.

21.02.2024 - GS Stock was up 5.2%

• GS's asset management arm raised $700 million for a new fund that co-invests with hedge funds and private credit firms, reflecting confidence in alternative investment strategies.
• A partnership between BNY Mellon and CIFC aimed at enhancing private credit offerings could have influenced market sentiment positively towards financial institutions such as Goldman Sachs.
• Reddit's IPO pricing at the top end of the range and subsequent valuation adjustments may have prompted investors to search for more stable and traditional investment opportunities, which could have benefited well-established firms like Goldman Sachs.
• The general positive market sentiment towards alternative investments and established financial institutions like Goldman Sachs likely played a role in the bullish movement observed in GS stock.

21.02.2024 - GS Stock was up 5.1%

• Goldman Sachs' asset management arm raised about US$700 million for a new fund that invests side by side with hedge funds, indicating investor confidence in their strategies and offerings.
• The partnership between BNY Mellon and CIFC to enhance private credit offerings could have positively influenced market sentiment towards financial institutions like Goldman Sachs.
• Reddit's successful IPO pricing at the top of the range and the involvement of major investment banks like Goldman Sachs in leading the offering could have boosted overall market confidence, including in companies like Goldman Sachs.
• The purchase of InterContinental Hotels Group PLC's own shares through Goldman Sachs International could have indirectly impacted the positive sentiment towards Goldman Sachs, showcasing active investment activities in the market.

16.06.2024 - GS Stock was up 4.3%

• GS experienced a strong bullish movement today, likely driven by several factors:
• Positive performance in investment banking and revenue growth reported by major banks, including Morgan Stanley, created a favorable sentiment in the financial sector.
• Goldman Sachs exceeded revenue and EPS estimates in the second quarter, boosting investor confidence in the company's potential for future returns.
• The announcement of GS launching a $2 billion private equity fund targeting Asia's fast-growing economies highlighted the bank's strategic expansion plans and growth prospects.
• CEO David Solomon's public remarks on unity and trust in America following a recent incident may have also positively influenced market perception of the bank's leadership and values.

02.07.2024 - GS Stock was down 5.2%

• The bearish movement in GS stock today could be attributed to:
• Analysts revising their outlook on top names like Apple and AerCap Holdings, potentially leading to a shift in investor sentiment away from GS.
• The release of Goldman Sachs Bank USA's annual report may have revealed information or projections that did not meet market expectations, causing a negative reaction from investors.
• The focus on AI stock predictions and the potential for other stocks to be the "next big thing" could have diverted attention and investment away from GS, impacting its stock price negatively.