Goldman Sachs Analysts Slash Their Forecasts After Q1 Earnings

Benzinga2025-04-15

The Goldman Sachs Group, Inc. (NYSE:GS) posted better-than-expected earnings for its first quarter.

Goldman Sachs reported quarterly earnings of $14.12 per share which beat the analyst consensus estimate of $12.35 per share. The company reported quarterly sales of $15.06 billion which beat the analyst consensus estimate of $14.81 billion.

Provision for credit losses was $287 million for the first quarter, lower than $318 million a year ago quarter, reflecting net provisions related to the credit card portfolio.

David Solomon, Chairman and CEO of Goldman Sachs, said, “While we are entering the second quarter with a markedly different operating environment than earlier this year, we remain confident in our ability to continue to support our clients.”

Goldman Sachs shares gained 2.3% to trade at $515.32 on Tuesday.

These analysts made changes to their price targets on Goldman Sachs following earnings announcement.

Barclays analyst Jason Goldberg maintained Goldman Sachs Group with an Overweight rating and lowered the price target from $760 to $720.
Wells Fargo analyst Mike Mayo maintained the stock with an Overweight rating and cut the price target from $680 to $650.

Considering buying GS stock? Here’s what analysts think:

Read This Next:

Jim Cramer: Planet Fitness Is Doing Better Than Expected, Says No To This Industrial Stock

Photo via Shutterstock

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Comments

We need your insight to fill this gap

Leave a comment

{"i18n":{"language":"en_US"},"isChannel":false,"data":{"share":"https://ttm.financial/m/news/2527446520?lang=en_US&edition=fundamental","thumbnail":"","is_english":true,"pubTime":"2025-04-15 22:49","share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","id":"2527446520","market":"hk","top_or_hot":-1,"title":"Goldman Sachs Analysts Slash Their Forecasts After Q1 Earnings","media":"Benzinga","content":"<html><body><p><strong>The Goldman Sachs Group, Inc.</strong> (NYSE:GS) posted better-than-expected earnings for its first quarter.</p>\n<p>Goldman Sachs reported quarterly earnings of $14.12 per share which beat the analyst consensus estimate of $12.35 per share. The company reported quarterly sales of $15.06 billion which beat the analyst consensus estimate of $14.81 billion.</p>\n<p>Provision for credit losses was $287 million for the first quarter, lower than $318 million a year ago quarter, reflecting net provisions related to the credit card portfolio.</p>\n<p>David Solomon, Chairman and CEO of Goldman Sachs, said, “While we are entering the second quarter with a markedly different operating environment than earlier this year, we remain confident in our ability to continue to support our clients.”</p>\n<p>Goldman Sachs shares gained 2.3% to trade at $515.32 on Tuesday.</p>\n<p>These analysts made changes to their price targets on Goldman Sachs following earnings announcement.</p>\n<ul>\n<li>Barclays analyst Jason Goldberg maintained Goldman Sachs Group with an Overweight rating and lowered the price target from $760 to $720.</li>\n<li>Wells Fargo analyst Mike Mayo maintained the stock with an Overweight rating and cut the price target from $680 to $650.</li>\n</ul>\n<p><strong>Considering buying GS stock? Here’s what analysts think:</strong> </p>\n<figure><img decoding=\"async\" height=\"597\" loading=\"lazy\" sizes=\"(max-width: 1024px) 100vw, 1024px\" src=\"https://editorial-assets.benzinga.com/wp-content/uploads/2025/04/15104811/image-117-1024x597.png\" srcset=\"https://editorial-assets.benzinga.com/wp-content/uploads/2025/04/15104811/image-117-1024x597.png 1024w,https://editorial-assets.benzinga.com/wp-content/uploads/2025/04/15104811/image-117-300x175.png 300w,https://editorial-assets.benzinga.com/wp-content/uploads/2025/04/15104811/image-117-768x448.png 768w,https://editorial-assets.benzinga.com/wp-content/uploads/2025/04/15104811/image-117.png 1085w\" width=\"1024\"/></figure>\n<p><strong>Read This Next: </strong></p>\n<ul>\n<li><strong>Jim Cramer: Planet Fitness Is Doing Better Than Expected, Says No To This Industrial Stock</strong> </li>\n</ul>\n<p><em>Photo via Shutterstock</em></p></body></html>","source":null,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Goldman Sachs Analysts Slash Their Forecasts After Q1 Earnings</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nGoldman Sachs Analysts Slash Their Forecasts After Q1 Earnings\n</h2>\n\n<h4 class=\"meta\">\n\n\n<div class=\"head\" \">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/d08bf7808052c0ca9deb4e944cae32aa);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Benzinga </p>\n<p class=\"h-time\">2025-04-15 22:49</p>\n</div>\n\n</div>\n\n\n</h4>\n\n</header>\n<article>\n<html><body><p><strong>The Goldman Sachs Group, Inc.</strong> (NYSE:GS) posted better-than-expected earnings for its first quarter.</p>\n<p>Goldman Sachs reported quarterly earnings of $14.12 per share which beat the analyst consensus estimate of $12.35 per share. The company reported quarterly sales of $15.06 billion which beat the analyst consensus estimate of $14.81 billion.</p>\n<p>Provision for credit losses was $287 million for the first quarter, lower than $318 million a year ago quarter, reflecting net provisions related to the credit card portfolio.</p>\n<p>David Solomon, Chairman and CEO of Goldman Sachs, said, “While we are entering the second quarter with a markedly different operating environment than earlier this year, we remain confident in our ability to continue to support our clients.”</p>\n<p>Goldman Sachs shares gained 2.3% to trade at $515.32 on Tuesday.</p>\n<p>These analysts made changes to their price targets on Goldman Sachs following earnings announcement.</p>\n<ul>\n<li>Barclays analyst Jason Goldberg maintained Goldman Sachs Group with an Overweight rating and lowered the price target from $760 to $720.</li>\n<li>Wells Fargo analyst Mike Mayo maintained the stock with an Overweight rating and cut the price target from $680 to $650.</li>\n</ul>\n<p><strong>Considering buying GS stock? Here’s what analysts think:</strong> </p>\n<figure><img decoding=\"async\" height=\"597\" loading=\"lazy\" sizes=\"(max-width: 1024px) 100vw, 1024px\" src=\"https://editorial-assets.benzinga.com/wp-content/uploads/2025/04/15104811/image-117-1024x597.png\" srcset=\"https://editorial-assets.benzinga.com/wp-content/uploads/2025/04/15104811/image-117-1024x597.png 1024w,https://editorial-assets.benzinga.com/wp-content/uploads/2025/04/15104811/image-117-300x175.png 300w,https://editorial-assets.benzinga.com/wp-content/uploads/2025/04/15104811/image-117-768x448.png 768w,https://editorial-assets.benzinga.com/wp-content/uploads/2025/04/15104811/image-117.png 1085w\" width=\"1024\"/></figure>\n<p><strong>Read This Next: </strong></p>\n<ul>\n<li><strong>Jim Cramer: Planet Fitness Is Doing Better Than Expected, Says No To This Industrial Stock</strong> </li>\n</ul>\n<p><em>Photo via Shutterstock</em></p></body></html>\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"GS","symbol_name":"高盛","start_time":0,"source_url":"https://www.benzinga.com/25/04/44816274/goldman-sachs-analysts-slash-their-forecasts-after-q1-earnings","article_id":"2527446520","we_media_id":"1052270027","thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=2527446520","pubTimestamp":1744728580,"columns":[],"sourceInfo":null,"weMediaInfo":{"media_name":"Benzinga","introduction":"Stock Market Quotes, Business News, Financial News, Trading Ideas, and Stock Research by Professionals","home_visible":0,"id":"1052270027","head_image":"https://static.tigerbbs.com/d08bf7808052c0ca9deb4e944cae32aa"},"summary":" ","collect":0,"end_time":0,"defaultTopTitle":"","property":["earning"],"viewcount":null,"language":"en","relate_stocks":{"GS":"高盛"},"translate_title":"高盛分析师在第一季度盈利后大幅下调预测","themeId":null,"isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{"GS":1},"content_text":"The Goldman Sachs Group, Inc. (NYSE:GS) posted better-than-expected earnings for its first quarter.\nGoldman Sachs reported quarterly earnings of $14.12 per share which beat the analyst consensus estimate of $12.35 per share. The company reported quarterly sales of $15.06 billion which beat the analyst consensus estimate of $14.81 billion.\nProvision for credit losses was $287 million for the first quarter, lower than $318 million a year ago quarter, reflecting net provisions related to the credit card portfolio.\nDavid Solomon, Chairman and CEO of Goldman Sachs, said, “While we are entering the second quarter with a markedly different operating environment than earlier this year, we remain confident in our ability to continue to support our clients.”\nGoldman Sachs shares gained 2.3% to trade at $515.32 on Tuesday.\nThese analysts made changes to their price targets on Goldman Sachs following earnings announcement.\n\nBarclays analyst Jason Goldberg maintained Goldman Sachs Group with an Overweight rating and lowered the price target from $760 to $720.\nWells Fargo analyst Mike Mayo maintained the stock with an Overweight rating and cut the price target from $680 to $650.\n\nConsidering buying GS stock? Here’s what analysts think: \n\nRead This Next: \n\nJim Cramer: Planet Fitness Is Doing Better Than Expected, Says No To This Industrial Stock \n\nPhoto via Shutterstock","kind":"highlight","is_publish_news":true,"is_publish_highlight":false,"is_publish_live":false,"is_publish_wemedia":null,"editions":null,"column":"","sentiment":"-1","news_tag":"","news_rank":0,"symbols":[],"gpt_button":0,"need_auth":false,"code":"91000000","status":"200"},"commentList":[],"isCommentEnd":true,"newsSizeData":{"likeSize":0,"commentSize":0,"repostSize":0,"favoriteSize":0,"likeStatus":false,"favoriteStatus":false},"APP":{"userAgent":"Mozilla/5.0 AppleWebKit/537.36 (KHTML, like Gecko; compatible; ClaudeBot/1.0; +claudebot@anthropic.com)","isDev":false,"isTTM":true,"deviceId":"web-server-community-laohu8-v3","version":"4.35.13","shortVersion":"4.35.13","platform":"web","vendor":"web","appName":"ttm","isIOS":false,"isAndroid":false,"isTiger":false,"isTHS":false,"isWeiXin":false,"isWeiXinMini":false,"isWeiBo":false,"isQQ":false,"isBaiduSwan":false,"isBaiduBox":false,"isDingTalk":false,"isToutiao":false,"isOnePlus":false,"isHuaWei":false,"isXiaomi":false,"isXiaomiWebView":false,"isOppo":false,"isVivo":false,"isSamsung":false,"isMobile":false},"href":"/m/news/2527446520","isCrawlerRequest":true}