Goldman Sachs Likely To Report Surge In Q2 Earnings; Here Are The Recent Forecast Changes From Wall Street's Most Accurate Analysts

The Goldman Sachs Group, Inc. GS is scheduled to release its financial results for the second quarter, before the opening bell on Monday, July 15.

Analysts expect the New York-based company to report quarterly earnings at $8.36 per share, up sharply from $3.08 per share in the year-ago period. Goldman Sachs is expected to post revenue of $12.47 billion, compared to $10.89 billion a year earlier, according to data from Benzinga Pro.

Ahead of the year’s end, Goldman Sachs plans to roll out three new tokenization projects, expanding its crypto offerings. According to Fortune on Wednesday, these initiatives will include tokenizing real-world assets like money market funds and real estate holdings on public or private blockchains.

Goldman Sachs shares rose 0.1% to close at $479.23 on Thursday.

Benzinga readers can access the latest analyst ratings on the Analyst Stock Ratings page. Readers can sort by stock ticker, company name, analyst firm, rating change or other variables.

Let's have a look at how Benzinga's most-accurate analysts have rated the company in the recent period.

• Keefe, Bruyette & Woods analyst David Konrad maintained an Outperform rating and raised the price target from $485 to $520 on June 27. This analyst has an accuracy rate of 74%.
• Wells Fargo analyst Mike Mayo maintained an Overweight rating and boosted the price target from $450 to $504 on May 7. This analyst has an accuracy rate of 70%.
• Oppenheimer analyst Chris Kotowski maintained an Outperform rating and increased the price target from $479 to $517 on April 30. This analyst has an accuracy rate of 84%.
• Citigroup analyst Keith Horowitz maintained a Neutral rating and raised the price target from $410 to $425 on April 16. This analyst has an accuracy rate of 82%.
• BMO Capital analyst James Fotheringham maintained a Market Perform rating and boosted the price target from $349 to $360 on April 16. This analyst has an accuracy rate of 74%.

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