The Best and Worst Dow Stocks for the Next 12 Months

24. The Goldman Sachs Group Inc. (NYSE:GS)

Upside Potential: 9.6%

Market Cap: $165 billion

Number of Hedge Fund Holders: 81

The Goldman Sachs Group Inc. (NYSE:GS) is a prominent global financial services firm that provides investment banking, securities, and asset management services.

Goldman Sachs Group Inc. (NYSE:GS) reported strong Q1 2025 results. Revenue of $15.1 billion was ahead of the street’s expectation of $14.8 billion. Surprisingly, EPS of $14.1 was substantially ahead of the expectation of $12.3. As a result, the quarter’s return on equity of 16.9% exceeded street estimates.

Buoyed by the stronger results, Bank of America Securities analyst Ebrahim Poonawala reiterated his Buy rating on The Goldman Sachs Group Inc. (NYSE:GS) with a price target of $700, close to the consensus high of $720. He estimates that the stock is undervalued with relatively low price-to-earnings and tangible book value ratios. This provides an attractive entry opportunity for the investors.

Ebrahim also believes that further upside to the share price is underpinned by revenue growth in investment banking, asset, and wealth management businesses, as well as opportunities for better capital allocation after recent stress tests. Share repurchases are also expected to bolster EPS and limit downside risks. These factors reinforce the analysts’ optimism overall.

In another recent report, Jefferies analyst Daniel Fannon maintained his Buy rating on the shares, citing the company’s strong performance amid market volatility.