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Barchart
Neha Panjwani

Goldman Sachs Stock Outlook: Is Wall Street Bullish or Bearish?

GS

New York-based The Goldman Sachs Group, Inc. (GS) is a financial institution that provides a range of financial services for corporations, financial institutions, governments, and high-net worth individuals. With a market cap of $186.3 billion, the company specializes in investment banking, trading and principal investments, asset management and securities services.

Shares of this leading global investment banking, securities, and asset and wealth management firm have outperformed the broader market considerably over the past year. GS has gained 73.4% over this time frame, while the broader S&P 500 Index ($SPX) has rallied nearly 30.6%. In 2024, GS stock is up 52.4%, surpassing the SPX’s 23.6% rise on a YTD basis. 

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