November 07, 2025 a 08:38 am
GS: Analysts Ratings - The Goldman Sachs Group, Inc.
The stock of The Goldman Sachs Group, Inc. has shown a diverse range of analyst ratings over the past months, indicating mixed sentiment within the investment community. Despite the robust nature of the financial institution, the ratings suggest caution, with an increase in Hold recommendations and a decrease in Strong Buy ratings. As of November 2025, the sentiment leans towards a conservative approach, reflecting market uncertainty.
Historical Stock Grades
The following table provides an overview of the current analyst ratings for GS as of November 2025.
| Rating | Count | Score |
|---|---|---|
| Strong Buy | 1 | |
| Buy | 6 | |
| Hold | 15 | |
| Sell | 1 | |
| Strong Sell | 1 |
Sentiment development
Over the recent months, there has been a notable shift in the sentiment towards GS. While Buy recommendations have maintained relative stability, there is a marked increase in Hold ratings, suggesting a more cautious approach by analysts.
- From February 2025 onwards, Strong Buy ratings have diminished progressively, reaching only 1 by November.
- Buy recommendations have remained consistent with minor fluctuations.
- Hold ratings increased notably, from 9 in January 2025 to 15 in November 2025.
- Sell recommendations have had a minor presence, with slight increases or stabilization over the months.
Percentage trends
The percentage composition of analyst ratings provides further insight into the sentiment shift.
- Strong Buy ratings have decreased from 24% in January to 5% in November 2025.
- Buy ratings, making up approximately 32% initially, now constitute around 30% of opinions.
- Hold ratings increased significantly, rising from 36% to 75% by November.
- Minor changes in Sell and Strong Sell percentages indicate steady bearish sentiment among a minority.
- The trend indicates a shift towards neutral recommendations, with less inclination towards Strong Buy.
Latest Analyst Recommendations
Analyst recommendations in the latest period reveal stability in the general sentiment, with limited changes to positions. The latest ratings show stable or cautious sentiments among top financial institutions.
| Date | New Recommendation | Last Recommendation | Publisher |
|---|---|---|---|
| 2025-10-21 | Neutral | Overweight | JP Morgan |
| 2025-10-17 | Market Perform | Market Perform | Keefe, Bruyette & Woods |
| 2025-10-17 | Hold | Sell | Freedom Capital Markets |
| 2025-10-16 | Neutral | Neutral | Citigroup |
| 2025-10-15 | Equal Weight | Equal Weight | Morgan Stanley |
Analyst Recommendations with Change of Opinion
Changes in analyst recommendations over recent months further illustrate a cautious to neutral sentiment. Interestingly, recent downgrades and upgrades reflect a slightly volatile perspective from financial institutions.
| Date | New Recommendation | Last Recommendation | Publisher |
|---|---|---|---|
| 2025-10-21 | Neutral | Overweight | JP Morgan |
| 2025-10-17 | Hold | Sell | Freedom Capital Markets |
| 2025-07-14 | Market Perform | Market Outperform | JMP Securities |
| 2025-07-08 | Reduce | Hold | HSBC |
| 2025-03-19 | Perform | Outperform | Oppenheimer |
Interpretation
The current analysis of GS suggests a market environment characterized by caution. The increase in Hold ratings alongside the reduction in Strong Buy recommendations may indicate growing uncertainty about GS's short-term prospects, despite its strong financial foundation. The combination of downgraded ratings and stability in certain views implies a market more focused on risk mitigation rather than aggressive investment stances.
Conclusion
In summary, the analyst sentiment around The Goldman Sachs Group, Inc. has shown a significant shift toward more neutral positions over the past year. The increase in Hold ratings indicates a cautious market stance, balanced by consistent earnings performance. Despite some downgrading actions, the company's resilience and diversified business model present ongoing opportunities. However, potential investors should be aware of the market's current conservative sentiment, reflecting on cautious global economic conditions.