Evercore ISI Maintains Buy Rating on Goldman Sachs Group, Sets $752 Price Target

Evercore ISI analyst Glenn Schorr maintained a Buy rating on Goldman Sachs Group with a $752.00 price target, citing the company's strong earnings performance in Q1. The analyst covers the Financial sector and has a 11.2% average return and 65.71% success rate on recommended stocks. The company reported a Q1 revenue of $31.55 billion and net profit of $4.74 billion, compared to $32.16 billion and $4.13 billion in the same period last year. Corporate insider sentiment is negative, with 33 insiders selling shares over the past quarter.

Goldman Sachs Group Inc. (NYSE: GS) reported robust second-quarter (Q2) 2025 financial results, exceeding analyst expectations across the board. The company's earnings per share (EPS) of $10.91 surpassed the mean expectation of $9.53, while revenue surged 14.5% to $14.58 billion, exceeding the expected $13.46 billion [1].

The company's net income for the quarter was $3.47 billion, up 21% from the same period last year. Key drivers of this performance include strong trading and investment banking operations, with equities sales and trading revenue jumping 36% year over year to a record $4.3 billion [2]. Net interest income also saw a significant increase of 56% to $3.1 billion, contributing to the overall financial health of the firm.

Goldman Sachs Group's share price has been relatively stable, with a gain of 22.7% year-to-date despite a slight dip in the past quarter. Analysts remain optimistic about the company's future prospects, with a median 12-month price target of $708.00, about 0.8% above the last closing price of $702.51 [1].

The company's strong performance is reflected in the analyst ratings, with a current average rating of "buy" and a breakdown of recommendations favoring "strong buy" or "buy" (9) over "hold" (12) and "sell" or "strong sell" (1) [1]. Evercore ISI analyst Glenn Schorr, who covers the Financial sector and has an impressive track record with an 11.2% average return and 65.71% success rate, maintained a "Buy" rating on the stock with a price target of $752.00, citing the company's strong earnings performance in Q1 [3].

However, corporate insider sentiment remains negative, with 37 insiders selling shares over the past quarter, including CEO David Solomon, who sold 5,000 shares in May 2025 [4]. This trend indicates a cautious stance among insiders, which may warrant further investigation.

Looking ahead, Goldman Sachs Group expects revenue to grow at an average annual rate of 3.6% over the next three years, compared to the industry average of 5.9% for the Capital Markets sector in the US [5]. The company's strong Q2 performance positions it well to meet these expectations and continue its growth trajectory.

References:
[1] Reuters. (2025). Goldman Sachs Group Inc. reports results for the quarter ended June 30. Retrieved from https://www.tradingview.com/news/reuters.com,2025:newsml_L8N3TD15Q:0-goldman-sachs-group-inc-reports-results-for-the-quarter-ended-june-30-earnings-summary/
[2] Yahoo Finance. (2025). Goldman Sachs Delivers Q2 Powerhouse. Retrieved from https://finance.yahoo.com/news/goldman-sachs-delivers-q2-powerhouse-172206319.html
[3] GuruFocus. (2025). Evercore ISI Group Initiates Coverage on Ralliant. Retrieved from https://www.gurufocus.com/news/2987191/evercore-isi-group-initiates-coverage-on-ral-with-inline-rating-ral-stock-news
[4] The Globe and Mail. (2025). Goldman Sachs Group receives a rating update from a top analyst. Retrieved from https://www.theglobeandmail.com/investing/markets/stocks/GS/pressreleases/33492506/goldman-sachs-group-gs-receives-a-rating-update-from-a-top-analyst/
[5] Simply Wall St. (2025). Goldman Sachs Group Second Quarter 2025 Results. Retrieved from https://finance.yahoo.com/news/goldman-sachs-group-second-quarter-175204302.html