What Wall Street Analysts Think of Goldman Sachs Stock Ahead of Earnings

Key Takeaways

Goldman Sachs ( GS ) is set to report fourth-quarter results before the market opens Wednesday, with analysts expecting revenue and net interest income growth.

Of the 13 analysts covering the stock tracked by Visible Alpha, seven have a "buy" or equivalent rating, while six have a "hold" rating. Their consensus price target at roughly $617 would suggest about 10% upside from Friday’s closing price of $560.

Wall Street expects the bank to report revenue of $12.3 billion, 8.7% higher year-over-year, and net interest income of $2.1 billion, up from $1.34 billion a year earlier, after a stronger-than-expected third quarter .

Investors will also be watching for other big banks including JPMorgan Chase ( JPM ), Wells Fargo ( WFC ), and Citigroup ( C ) to report their results Wednesday morning. Bank of America ( BAC ) is set to follow Thursday, along with Morgan Stanley ( MS ) and others.

Goldman Sachs shares lost over 3% in Friday's session amid a broader market decline , but have gained close to 50% over the past 12 months.

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