These Analysts Boost Their Forecasts On Goldman Sachs Following Strong Q4 Earnings

Core Viewpoint - Goldman Sachs reported strong earnings for the fourth quarter, exceeding earnings per share expectations but falling short on sales [1][2]. Financial Performance - The company posted quarterly earnings of $14.01 per share, surpassing the analyst consensus estimate of $11.65 per share [1]. - Quarterly sales amounted to $13.454 billion, which was below the analyst consensus estimate of $13.791 billion [1]. Strategic Insights - David Solomon, Chairman and CEO, highlighted a 60% revenue growth since the first Investor Day, a 500 basis point improvement in returns, and over 340% total shareholder returns [2]. - Solomon expressed optimism about client engagement and anticipated momentum to accelerate in 2026, suggesting a positive outlook for the firm's future activities [2]. Analyst Ratings and Price Targets - Keefe, Bruyette & Woods analyst Christopher McGratty maintained a Market Perform rating and raised the price target from $971 to $1,000 [4]. - Wells Fargo analyst Mike Mayo maintained an Overweight rating and increased the price target from $970 to $1,050 [4].