Rating Change
HSBC analysts upgraded The Goldman Sachs Group, Inc. (NYSE:GS) from Reduce to Hold on July 21, 2026.
upgradeNYSE:GS
The Goldman Sachs Group, Inc. (GS) Upgraded to Hold at HSBC
Rating Change HSBC analysts upgraded The Goldman Sachs Group, Inc. (NYSE:GS) from Reduce to Hold on July 21, 2026. Market Context The Goldman Sachs Group, Inc.
Market Context
The Goldman Sachs Group, Inc. operates in the Financial Services sector. The stock currently trades at $1081.12 with a market capitalization of $285.8B. The stock has gained 31.5% over the past 52 weeks.
Analyst upgrades often act as catalysts for near-term price movement, particularly when they come from major firms with significant institutional following. HSBC's upgrade suggests their analysts see improving fundamentals, a more favorable risk-reward profile, or upcoming catalysts that could drive the stock higher.
Analyst ratings and price targets are one input among many for investment decisions. Historical studies show that consensus analyst recommendations have mixed predictive power on their own, but significant changes in consensus — such as multiple upgrades or downgrades in a short period — can be more meaningful signals.
Recent Analyst Activity for The Goldman Sachs Group, Inc.
Among the 10 most recent ratings: 4 Buy, 6 Hold, 0 Sell.
| Date | Firm | Rating | Price Target |
|---|---|---|---|
| Jul 21, 2026 | HSBC | Hold | N/A |
| Jul 17, 2026 | Evercore ISI Group | Outperform | N/A |
| Jul 17, 2026 | BMO Capital | Market Perform | N/A |
| Jul 16, 2026 | Citigroup | Neutral | N/A |
| Jul 16, 2026 | B of A Securities | Buy | N/A |
Related Tools: Analyst Ratings Dashboard | View GS Stock Page
Frequently Asked Questions
What does a Hold rating mean for GS?
A Hold rating from HSBC reflects the analyst's outlook on The Goldman Sachs Group, Inc. (NYSE:GS). Analyst ratings are one factor investors consider alongside earnings, valuation, and sector trends.
Where can I find more analyst ratings?
Browse recent upgrades and downgrades on our Analyst Ratings Dashboard or the GS forecast page.
