Goldman Sachs Group Option Alert: Apr 17 $530 Calls at the Ask: 100 vs 198 OI; Earnings 4/14 Before Open 

Goldman Sachs Group Option Alert: Apr 17 $530 Calls at the Ask: 100 @ $52.3 vs 198 OI; Earnings 4/14 Before Open Ref=$574.96

Goldman Sachs Group Option Alert: Dec 19 $540 Puts at the Ask: 150 vs 504 OI; Earnings 4/14 Before Open 

Goldman Sachs Group Option Alert: Dec 19 $540 Puts at the Ask: 150 @ $40.95 vs 504 OI; Earnings 4/14 Before Open Ref=$562.99

Goldman Sachs Group Option Alert: Jan, 2027 $660 Calls at the Ask: 200 vs 226 OI; Earnings 4/14 Before Open 

Goldman Sachs Group Option Alert: Jan, 2027 $660 Calls at the Ask: 200 @ $50.5 vs 226 OI; Earnings 4/14 Before Open Ref=$548.6

Goldman Sachs Group (NYSE:GS) Stock

Goldman Sachs Gr

Goldman Sachs is a leading global investment banking and asset management firm. Approximately 14% of its revenue comes from investment banking, 42% from trading, 20% from asset & wealth management, 15% from net interest income, and 9% from other principal transactions. Around 64% of the company's net revenue is generated in the Americas, 13% in Asia, and 23% in Europe, the Middle East, and Africa.

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La Bourse a tendance à offrir des gains bien documentés au cours des derniers jours de négociation de décembre, un phénomène connu sous le nom de &#34;rallye du père Noël&#34;. 



Cette période d&#39;optimisme a historiquement

Rallye du Père Noël : 10 actions du S&amp;P 500 qui surperformant de manière constante pendant l&#39;optimisme de fin d&#39;année

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General Steel Holdings Inc

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Gulfslope Energy Inc

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Geospatial Corp

GREEN STAR PRODUCTS INC by Green Star Products, Inc.

Green Star Products Inc

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Golden Spike Resources Corp

Golden Star Enterprises Ltd

Food Culture Inc

Gotham Enhanced 500 ETF

GSP Resource Corp

GOLDEN SHIELD RES INC by GOLDEN SHIELD RES INC.

Golden Shield Resources Inc

GSR III Acquisition Corp. - Ordinary Shares

GSR III Acquisition Corp

GSR III Acquisition Corp. - Right

GSRX INDUSTRIES INC by GSRX Industries Inc.

GSRX Industries Inc

GS ActiveBeta U.S. Small Cap Equity ETF

GOSSAN RESOURCES LTD CDA by Gossan Resources Ltd.

Gossan Resources Ltd

Goldman Sachs Ultra Short Bond ETF

GS SWEDEN AB by GS SWEDEN AB

GrEarn - United States Dollar

GLOBESTAR THERAPEUTICS CO by GlobeStar Therapeutics Corporation

GlobeStar Therapeutics Corp

GORE STR ENRGY STORAGE FD by Gore Str Energy Storage Fd Plc.

GROWTH STALK HLDGS CORP by Growth Stalk Holdings Corp

Growth Stalk Holdings Corp

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Goldstorm Metals Corp

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GRAPHENE & SOLAR TECHS by Graphene & Solar Technologies Ltd.

Graphene & Solar Technologies Ltd

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Golden Sun Health Technology Group Ltd

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GSV Inc

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Gameswap

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Goldman Sachs Group, Inc. (The) Depositary Shares each representing 1/1000th Interest in a Share of Floating Rate Non-Cumulative Preferred Stock Series A

Goldman Sachs Group, Inc. (The) Depositary Share repstg 1/1000th Preferred Series C

Goldman Sachs Group, Inc. (The) Dep Shs repstg 1/1000 Pfd Ser D Fltg

While the tariffs announced by President Donald Trump are already dragging markets deep into the red, early signs of strain are beginning to emerge in corporate health indicators, raising concerns that the services sector, the backbone of the U.S. economy, may no longer be <a href="https://www.benzinga.com/news/econ-s">able to sustain growth.</a>
The Institute for Supply Management&#8217;s Purchasing Managers' Index (PMI) survey revealed a marked deterioration in sentiment among service-sector businesses last month, further igniting investor concerns on the state of the economy. 
<h3 class="wp-block-heading">ISM Services PMI Falls More Than Expected</h3>
The ISM Services PMI fell sharply to 50.9% in March, down from 53.5% in February, which had been the highest reading since August 2023. The decline was steeper than expected, with forecasts pointing to a more modest drop to 53%.
This was the lowest reading since December and only marginally above the 50% threshold that separates expansion from contraction.
The Business Activity Index, a gauge of current output, actually strengthened to 55.9% in March from 54.4%, extending its expansion streak to 58 consecutive months. However, forward-looking indicators showed weakness.
The New Orders Index dropped to 50.4% from 52.2%, suggesting waning customer demand, while the Backlog of Orders Index slipped to 45.6%, down from 47.7%, marking a third straight month of contraction.
<h3 class="wp-block-heading">Employment Index Craters, Hiring Freezes Emerge</h3>
The most striking component of the report was the collapse in the Employment Index, which plunged to 46.2% from 53.9%—a 7.7 percentage point drop and a nine-month low, marking its first contraction in six months.
That's a red flag for a services sector that comprises nearly 80% of U.S. private-sector employment. The reading suggests that companies are either slowing down hiring, cutting jobs outright, or scaling back hours amid economic uncertainty.
In the ISM's qualitative commentary, respondents in professional, scientific and technical services reported a loosening labor market. They cited easier hiring conditions, declining staff turnover and a more abundant supply of high-quality job candidates.
One participant said, "Have been able to hire high-quality employees to fill open positions," while another described a "conservative view of the job market and economy," noting they are "not adding head count or resources."
Now, 19.2% of respondents anticipate reducing employment, up from 15% in February.
<h3 class="wp-block-heading">Inflation Still Hot Despite Easing Slightly</h3>
The Prices Index registered at 60.9%, down modestly from 62.6% in February, but still above the 60% mark for a fourth straight month. That signals input cost pressures remain elevated, even as demand cools.
The ISM also noted a surge in mentions of tariff-related cost pressures, citing "a significant increase this month in the number of respondents reporting cost increases due to tariff activity."
<h3 class="wp-block-heading">Market Reactions: Stocks Fall, Traders Eye Four Rate Cuts</h3>
The weaker-than-expected ISM Services PMI intensified the tariff-driven selloff on Wall Street, dragging major U.S. equity indexes to new session lows.
The S&amp;P 500 index – as trakced by the SPDR S&amp;P 500 ETF Trust (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/SPY#NYSE">SPY</a>) – fell 4.1% to 5,440 points, eyeing the worst session since September 2022. 
The Nasdaq 100 – tracked by the Invesco QQQ Trust, Series 1 (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/QQQ#NASDAQ">QQQ</a>) – sank 4.4%, hitting a 7-month low.
Shares of Apple Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/AAPL#NASDAQ">AAPL</a>) were down 8.5%, on track for their worst day since March 2020. 
Similarly, major banks like Bank of America Corp. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/BAC#NYSE">BAC</a>) and Goldman Sachs Group Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/GS#NYSE">GS</a>) fell 8.7% and 9.10%, eyeing their worst days in five years. 
Ralph Lauren (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/RL#NYSE">RL</a>) was the S&amp;P 500&#8217;s worst performer for the day, down 17%, also heading for its worst session since March 2020.
In money markets, traders ramped up bets on Federal Reserve rate cuts following the downbeat economic data. According to the CME FedWatch Tool, the probability of four 25-basis-point cuts by December 2025 surged to as high as 67%. 
The shift in expectations triggered a sharp selloff in the U.S. dollar, which plunged 2.1%—its steepest single-day drop since November 2022.
Read now: 
<ul>
<li><a href="https://www.benzinga.com/top-stories/25/04/44627817/retaliation-odds-spike-after-trumps-heavy-tariffs-sending-country-etfs-tumbling">Retaliation Odds Spike After Trump&#8217;s Heavy Tariffs, Sending Country ETFs Tumbling</a></li>
</ul>
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US Services Sector Slows Sharply As Hiring Drops, Tariff Pressures Mount

WIIM

Goldman Sachs shares are trading lower after JP Morgan cut its price target on the stock from $625 to $614.

JP Morgan analyst Kian Abouhossein maintains Goldman Sachs Group (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/GS#NYSE">GS</a>) with a Overweight and lowers the price target from $625 to $614.

News

Price Target

JP Morgan Maintains Overweight on Goldman Sachs Group, Lowers Price Target to $614

Goldman Sachs Group's (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/GS#NYSE">GS</a>) short percent of float has fallen 18.59% since its last report. The company recently reported that it has 3.95 million shares sold short, which is 1.27% of all regular shares that are available for trading. Based on its trading volume, it would take traders 1.09 days to cover their short positions on average.
<h3>Why Short Interest Matters</h3>
Short interest is the number of shares that have been sold short but have not yet been covered or closed out. <a href="https://www.benzinga.com/money/how-to-short-a-stock?adType=benzinga-insights&amp;ad=short-interest&amp;campaign=wallstreetadvantage">Short selling</a> is when a trader sells shares of a company they do not own, with the hope that the price will fall. Traders make money from short selling if the price of the stock falls and they lose if it rises.
Short interest is important to track because it can act as an indicator of market sentiment towards a particular stock. An increase in short interest can signal that investors have become more bearish, while a decrease in short interest can signal they have become more bullish.
See Also: <a href="https://www.benzinga.com/short-interest?adType=benzinga-insights&amp;ad=short-interest&amp;campaign=wallstreetadvantage">List of the most shorted stocks</a>
<h3>Goldman Sachs Group Short Interest Graph (3 Months)</h3>
<img src="https://www.benzinga.com/files/images/story/2025/1743620424_0.png" alt="short_fig" />
As you can see from the chart above the percentage of shares that are sold short for Goldman Sachs Group has declined since its last report. This does not mean that the stock is going to rise in the near-term but traders should be aware that less shares are being shorted.
<h3>Comparing Goldman Sachs Group's Short Interest Against Its Peers</h3>
Peer comparison is a popular technique amongst analysts and investors for gauging how well a company is performing. A company's peer is another company that has similar characteristics to it, such as industry, size, age, and financial structure. You can find a company's peer group by reading its 10-K, proxy filing, or by doing your own similarity analysis.
According to <a href="https://www.benzinga.com/pro/">Benzinga Pro</a>, Goldman Sachs Group's peer group average for short interest as a percentage of float is 3.40%, which means the company has less short interest than most of its peers.
Did you know that increasing short interest can actually be bullish for a stock? <a href="https://www.benzinga.com/money/how-to-make-money-on-a-short-squeeze?adType=benzinga-insights&amp;ad=short-interest&amp;campaign=wallstreetadvantage">This post by Benzinga Money explains how you can profit from it.</a>
This article was generated by Benzinga's automated content engine and was reviewed by an editor.

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What's Driving the Market Sentiment Around Goldman Sachs Group?

Editor's Note: The headline has been updated to reflect David McCormick's current title.
A senator <a href="https://www.benzinga.com/markets/cryptocurrency/25/03/44194484/congressman-on-digital-assets-subcommittee-buys-bitcoin-etf-before-trumps-strategic-reserve-announcement">who bought shares</a> of a Bitcoin (CRYPTO: <a class="ticker" href="https://www.benzinga.com/quote/btc/usd">BTC</a>) ETF before President Donald Trump announced an Executive Order to establish a Strategic Bitcoin Reserve is back again with a hefty bet on the future price of the leading cryptocurrency.
What Happened: Trump's friendly stance toward cryptocurrency helped propel Bitcoin and other cryptocurrencies to all-time highs after his<a href="https://www.benzinga.com/markets/cryptocurrency/24/11/41778425/bitcoins-all-time-high-a-groundbreaking-milestone-and-strong-post-election-rally-coming-ex"> 2024 presidential election win.</a>
Bitcoin hit new all-time highs months later in January, ahead of Trump's inauguration.
While the price of Bitcoin has fallen since Trump took office, potential plans for a <a href="https://www.benzinga.com/25/03/44183572/trump-establishes-strategic-bitcoin-reserve-funded-by-forfeited-assets-i-made-the-promise">Bitcoin Strategic Reserve </a>could place optimism in the United States buying the leading cryptocurrency and sending the value of BTC higher.
Senator David McCormick (R-Pa.) could be hedging his investments on this very scenario. Benzinga previously reported that McCormick bought between $65,000 and $150,000 in shares of the Bitwise Bitcoin ETF (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/BITB#NYSE">BITB</a>).
McCormick is back to buying shares of the Bitwise Bitcoin ETF, according to the<a href="https://www.benzinga.com/gov-trades/members/david-mccormick"> Benzinga Government Trades page.</a> This time, the Senator is investing with more size. Here's a look at his latest BITB trades.
<ul>
<li>Feb. 27: Bought $50,000 to $100,000</li>
<li>Feb. 28: Bought $15,000 to $50,000</li>
<li>March 3: Bought $50,000 to $100,000</li>
<li>March 5: Bought $15,000 to $50,000</li>
<li>March 10: Bought $50,000 to $100,000</li>
<li>March 11: Bought $15,000 to $50,000</li>
<li>March 13: Bought $15,000 to $50,000</li>
<li>March 20: Bought $50,000 to $100,000</li>
</ul>
McCormick disclosed the trades over the weekend and included eight buys of the Bitcoin ETF. Adding up the transactions, McCormick bought between $260,000 and $600,000 in the Bitwise Bitcoin ETF.
The senator also disclosed several other trades, mostly in corporate bonds. The other notable trade in the recent filing was McCormick selling between $1 million and $5 million in Goldman Sachs (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/GS#NYSE">GS</a>) stock, a partial sale of his position in the company.
Read Also: <a href="https://www.benzinga.com/25/01/42860759/10-best-stock-traders-in-congress-in-2024-where-do-nancy-pelosi-pete-sessions-susan-collins-marjorie-taylor-greene-rank">Top 10 Stock Traders In Congress For 2024: How Nancy Pelosi, Pete Sessions, Susan Collins, Marjorie Taylor Greene Rank</a>
Why It's Important: The senator has been perceived as being friendly to the cryptocurrency sector, which prompted an endorsement from a key crypto figure in his 2024 Senate race.
McCormick,&nbsp;<a href="https://www.benzinga.com/government/23/09/34807903/he-ran-bridgewater-associates-now-hes-running-for-senate-in-pennsylvania-again" target="_blank" rel="noreferrer noopener">the former CEO&nbsp;</a>of the hedge fund&nbsp;Bridgewater Associates, narrowly won a Senate seat in the 2024 election. During his Senate campaign, McCormick&nbsp;<a href="https://www.benzinga.com/markets/cryptocurrency/24/10/41420792/coinbase-ceo-brian-armstrong-supports-republican-dave-mccormick-for-pennsylvania-senate-se" target="_blank" rel="noreferrer noopener">was endorsed by</a>&nbsp;Coinbase Global&nbsp;CEO&nbsp;Brian Armstrong&nbsp;for his pro-crypto support.
&#8220;If you live in Pennsylvania, you should vote for Dave McCormick. He is the better candidate on crypto (among many other credentials,&#8221; Armstrong said at the time.
A senator buying Bitcoin ETFs could signal support for the leading cryptocurrency. The purchase and timing could also draw red flags and continue <a href="https://www.benzinga.com/politics/25/02/43663526/elon-musk-questions-congress-members-wealth-where-did-they-get-all-the-money" target="_blank" rel="noreferrer noopener">the hot debate </a>of whether members of Congress should be able to profit off the buying and selling of stocks, options and cryptocurrencies.
On the day of McCormick&#8217;s ETF purchase (Feb. 26), he was part of the Senate Banking Subcommittee on Digital Assets&#8217;s first hearing.
&#8220;2025 is the year for digital assets. Blockchain and digital assets offer Pennsylvania and America a chance to lead the next wave of innovation, enhancing our national security and our economy. Proud to be a member of the inaugural Senate Banking Subcommittee on Digital Assets,&#8221; McCormick&nbsp;<a href="https://x.com/SenMcCormickPA/status/1894897925907448082" target="_blank" rel="noreferrer noopener">tweeted</a>.
McCormick&#8217;s being part of the Subcommittee on Digital Assets and his heavy trading in a Bitcoin ETF will likely raise red flags ahead of a potential Bitcoin Strategic Reserve.
Price Action: The Bitwise Bitcoin ETF trades at $45.49 on Monday versus a 52-week trading range of $27.07 to $59.07. The ETF is down 14.2% year-to-date.
Bitcoin trades at $83,557.17 on Monday versus a 52-week trading range of $49,121.24 to $109,114.88.
Check This Out:
<ul>
<li>Lawmakers Are Making Huge Investments In 2025. <a href="https://www.benzinga.com/gov-trades/?utm_source=BZprocontent033125">See What They&#8217;re Buying And Selling With Our Easy-to-Use Tool</a></li>
</ul>
<figure class="wp-block-image size-large"><a href="https://www.benzinga.com/gov-trades/?utm_source=BZprocontent033125"><img loading="lazy" decoding="async" width="1024" height="330" src="https://editorial-assets.benzinga.com/wp-content/uploads/2025/03/31133157/Picture1-10-1024x330.png" alt="" class="wp-image-849736" srcset="https://editorial-assets.benzinga.com/wp-content/uploads/2025/03/31133157/Picture1-10-1024x330.png 1024w,https://editorial-assets.benzinga.com/wp-content/uploads/2025/03/31133157/Picture1-10-300x97.png 300w,https://editorial-assets.benzinga.com/wp-content/uploads/2025/03/31133157/Picture1-10-768x248.png 768w,https://editorial-assets.benzinga.com/wp-content/uploads/2025/03/31133157/Picture1-10.png 1430w" sizes="(max-width: 1024px) 100vw, 1024px" /></a></figure>
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BITB

Senator Buys Up To $600K In Bitcoin ETF After Selling $1 Million In Goldman Sachs Stock: Committee Assignment Could Be Red Flag (CORRECTED)

Visa Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/V#NYSE">V</a>) has reportedly proposed a $100 million payment to Apple Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/AAPL#NASDAQ">AAPL</a>) to secure the Apple Card network. This move comes amid fierce competition among the country&#8217;s leading payment networks.
What Happened: Apple Card is up for grabs as Goldman Sachs Group Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/GS#NYSE">GS</a>), the bank currently backing it, plans to exit the consumer lending sector. Major banks such as JPMorgan Chase &amp; Co. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/JPM#NYSE">JPM</a>) and Synchrony Financial are vying to take over as the card issuer. Visa has stepped in with a $100 million bid to secure the Apple Card network,
Visa, Apple and Mastercard did not immediately respond to <a href="http://pro.benzinga.com">Benzinga&#8217;s</a> request for comment. 
Meanwhile, payment networks, including Visa Inc. and American Express Company (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/AXP#NYSE">AXP</a>), are in a tight race to replace Mastercard Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/MA#NYSE">MA</a>) as the network for the Apple Card. Apple Inc. is expected to choose a network for its card before selecting a <a href="https://www.benzinga.com/media/25/01/43019382/apple-eyes-barclays-and-synchrony-to-replace-goldman-sachs-as-credit-card-partner-report">bank to replace</a> Goldman Sachs Group Inc. Visa Inc., the largest network, has made a bold bid to win the card, offering an upfront payment to Apple that is typically reserved for the largest card programs, according to a report by <a href="https://www.wsj.com/finance/banking/apple-card-visa-mastercard-deal-3ce762da">The Wall Street Journal</a>.
See Also:&nbsp;<a href="https://benzinga.com/trading-ideas/movers/25/04/44599257/bitcoin-ethereum-dogecoin-edge-higher-as-market-braces-for-trumps-liberation-day-why-arthur-hayes-still-sees-btc-hitting-250000-by-year-end" target="_blank" rel="noreferrer noopener">Bitcoin, Ethereum, Dogecoin Edge Higher As Market Braces For Trump&#8217;s &#8216;Liberation Day:&#8217; Why Arthur Hayes Still Sees BTC Hitting $250,000 By Year-End &#8211; Grayscale Bitcoin Mini Trust (BTC) Common units of</a>
Mastercard Inc. is also making a strong effort to retain its role as the network for the Apple Card, exploring the use of its fintech, Finicity, to enable consumers to view their deposit-account balances within the Apple ecosystem.
Why It Matters: The Apple card program, with approximately $20 billion in balances, is one of the largest co-branded deals to change issuers. The network that secures this deal is expected to remain closely connected to Apple&#8217;s future payment efforts. Visa Inc. remains the undisputed scale leader in the payments industry, but Mastercard Inc. <a href="https://www.benzinga.com/25/03/44435113/visa-vs-mastercard-the-heavyweight-bout-of-payments">has been outpacing </a>its rival in growth. This competition for the Apple card network could significantly impact the balance of power in the payments industry.
The outcome of this competition could have significant implications for the future of Apple&#8217;s payment efforts and the payments industry at large.
Visa holds a momentum rating of 89.49% and a quality rating of 81.30%, according to&nbsp;<a href="https://www.benzinga.com/quote/V" target="_blank" rel="noreferrer noopener">Benzinga&#8217;s Proprietary Edge Rankings</a>. For an in-depth report on more stocks and insights into growth opportunities,&nbsp;<a href="https://www.benzinga.com/screener/top-momentum-stocks" target="_blank" rel="noreferrer noopener">sign</a>&nbsp;<a href="https://www.benzinga.com/screener/top-momentum-stocks" target="_blank" rel="noreferrer noopener">up for Benzinga Edge.</a>
Visa stock lost 1.13% to close at $346.35&nbsp;on Tuesday. The stock has surged more than 25% over the past 6 months.
<ul>
<li>Read Next:&nbsp;<a href="https://benzinga.com/tech/25/03/44487389/sundar-pichai-shows-off-googles-most-intelligent-ai-ever-with-a-dinosaur-video-game-that-even-you-could-make-with-a-simple-prompt" target="_blank" rel="noreferrer noopener">Sundar Pichai Shows Off Google&#8217;s &#8216;Most Intelligent AI&#8217; Ever With A Dinosaur Video Game That Even You Could Make With A Simple Prompt &#8211; Alphabet (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/GOOG#NASDAQ">GOOG</a>), Alphabet (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/GOOGL#NASDAQ">GOOGL</a>) &#8211; Benzinga</a></li>
</ul>
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Disclaimer:&nbsp;This content was partially produced with the help of AI tools and was reviewed and published by Benzinga editors.

Markets

GOOG

GOOGL

Visa Offers $100 Million To Secure Apple Card Network In A Bid To Outdo Mastercard: Report

Palantir Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/PLTR#NASDAQ">PLTR</a>) has a lot at stake with the federal budget about to get slashed to the tune of $1 trillion by May this year, as part of the D.O.G.E. initiative, spearheaded by Elon Musk.
What Happened: The Alex Karp-led company has had a tough couple of weeks, with the stock dropping nearly 33% since mid-February, losing $90 billion in market capitalization, all in response to the ongoing efficiency drive within the US Federal Government that seeks to cut unnecessary expenses.
The DOGE team recently uncovered 1,000s unused software licenses within the government, and the Department of Defense went a step further and <a href="https://in.benzinga.com/government/regulations/25/03/44559866/pltr-stock-falls-over-7-in-monday-pre-market-whats-going-on">canceled its contracts</a> with Oracle Corp. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/ORCL#NYSE">ORCL</a>), citing delays and cost overruns. While Palantir wasn&#8217;t impacted by any of this, the intention was made clear, wasteful expenses will not be tolerated.
See More: <a href="https://www.benzinga.com/general/entertainment/25/04/44600008/2200-in-2-days-newsmax-and-the-curious-case-of-maga-media-on-wall-street">Newsmax And The Curious Case of MAGA Media: Is The 2200% Rally In 2 Days An Anomaly Or A Trend?</a>
Adding to these concerns, Goldman Sachs Group Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/GS#NYSE">GS</a>) analyst Gabriela Borges recently <a href="https://www.theglobeandmail.com/investing/markets/stocks/PLTR/pressreleases/31650770/government-budget-cuts-and-goldmans-worries-weigh-on-palantir-stock-pltr/">reiterated her &#8216;Neutral&#8217; stance</a> on the stock, citing valuation concerns and uncertainties regarding its long-term competitive edge.
After exploring Palantir&#8217;s core platform and features, including the new Ontology platform, Borges felt that the company&#8217;s competitive advantages could erode rather quickly as AI continues to advance across the board. It certainly didn&#8217;t warrant a valuation of nearly 450 times earnings.
However, other analysts such as Wedbush have <a href="https://qz.com/gateway/trump-trade-war-tariffs-stock-market-1851774130">spoken out in favor of the company</a>, citing long-term tailwinds from DOGE and the broader pursuit of governmental efficiencies. Wedbush analysts said, &#8220;Palantir could actually gain more deals and IT budget dollars across various government agencies.&#8221;
Why It Matters: With 40% of its revenues coming from government contracts, Palantir is poised to experience at least some headwinds in the near term. 
The last time the US government decided to balance the budget was in the early 2010s, during the sequestration, when IT stocks with exposure to the government saw their valuations evaporate. Palantir could experience the same, not because it doesn&#8217;t add any value, but because its valuations are too high to justify any such volatility in earnings.
Benzinga Edge Rankings show Palantir having strong growth and momentum, scoring at 86th and 99th percentile, respectively, while being tagged as unfavorable in the short-term, but favorable in the medium and long-term. For insights on more IT and defense stocks, check out <a href="https://www.benzinga.com/premium/ideas/benzinga-edge-2#:~:text=Turn%20Market%20Chaos,when%20markets%20rebound">Benzinga Edge Stock Rankings</a>.
<figure class="wp-block-image aligncenter size-large is-resized"><img loading="lazy" decoding="async" width="1024" height="168" src="https://editorial-assets.benzinga.com/wp-content/uploads/2025/04/02021439/Screenshot-2025-04-02-at-11.44.06-AM-1024x168.png" alt="" class="wp-image-852517" style="width:920px;height:auto" srcset="https://editorial-assets.benzinga.com/wp-content/uploads/2025/04/02021439/Screenshot-2025-04-02-at-11.44.06-AM-1024x168.png 1024w,https://editorial-assets.benzinga.com/wp-content/uploads/2025/04/02021439/Screenshot-2025-04-02-at-11.44.06-AM-300x49.png 300w,https://editorial-assets.benzinga.com/wp-content/uploads/2025/04/02021439/Screenshot-2025-04-02-at-11.44.06-AM-768x126.png 768w,https://editorial-assets.benzinga.com/wp-content/uploads/2025/04/02021439/Screenshot-2025-04-02-at-11.44.06-AM.png 1418w" sizes="(max-width: 1024px) 100vw, 1024px" /></figure>
Image via Shutterstock
Read More: 
<ul>
<li><a href="https://www.benzinga.com/markets/equities/25/04/44599953/palantir-ceo-alex-karp-sees-ai-10xing-workforce-efficiency-reshaping-enterprise-operations">Palantir CEO Alex Karp Sees AI Improving Efficiency 10-fold, Reshaping Enterprise Operations</a></li>
</ul>

Tech

ORCL

PLTR

Elon Musk's DOGE, Tightening Purse Strings Spell Trouble For Palantir: Here's Why The AI Darling Is Facing The Heat

Goldman Sachs Group (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/GS#NYSE">GS</a>) underwent analysis by 14 analysts in the last quarter, revealing a spectrum of viewpoints from bullish to bearish.
In the table below, you'll find a summary of their recent ratings, revealing the shifting sentiments over the past 30 days and comparing them to the previous months.
<table>
<thead>
<tr>
<th></th>
<th align="right">Bullish</th>
<th align="right">Somewhat Bullish</th>
<th align="right">Indifferent</th>
<th align="right">Somewhat Bearish</th>
<th align="right">Bearish</th>
</tr>
</thead>
<tbody>
<tr>
<td>Total Ratings</td>
<td align="right">0</td>
<td align="right">11</td>
<td align="right">3</td>
<td align="right">0</td>
<td align="right">0</td>
</tr>
<tr>
<td>Last 30D</td>
<td align="right">0</td>
<td align="right">1</td>
<td align="right">0</td>
<td align="right">0</td>
<td align="right">0</td>
</tr>
<tr>
<td>1M Ago</td>
<td align="right">0</td>
<td align="right">3</td>
<td align="right">1</td>
<td align="right">0</td>
<td align="right">0</td>
</tr>
<tr>
<td>2M Ago</td>
<td align="right">0</td>
<td align="right">1</td>
<td align="right">0</td>
<td align="right">0</td>
<td align="right">0</td>
</tr>
<tr>
<td>3M Ago</td>
<td align="right">0</td>
<td align="right">6</td>
<td align="right">2</td>
<td align="right">0</td>
<td align="right">0</td>
</tr>
</tbody>
</table>
Providing deeper insights, analysts have established 12-month price targets, indicating an average target of $661.93, along with a high estimate of $782.00 and a low estimate of $550.00. This current average has increased by 0.15% from the previous average price target of $660.92. 
<img src="https://www.benzinga.com/files/images/story/2025/1743537713_0.png" alt="price target chart" />
<h2>Deciphering Analyst Ratings: An In-Depth Analysis</h2>
The analysis of recent analyst actions sheds light on the perception of Goldman Sachs Group by financial experts. The following summary presents key analysts, their recent evaluations, and adjustments to ratings and price targets.
<table>
<thead>
<tr>
<th>Analyst</th>
<th>Analyst Firm</th>
<th>Action Taken</th>
<th>Rating</th>
<th>Current Price Target</th>
<th>Prior Price Target</th>
</tr>
</thead>
<tbody>
<tr>
<td>Glenn Schorr</td>
<td>Evercore ISI Group</td>
<td>Lowers</td>
<td>Outperform</td>
<td>$594.00</td>
<td>$660.00</td>
</tr>
<tr>
<td>Mike Mayo</td>
<td>Wells Fargo</td>
<td>Lowers</td>
<td>Overweight</td>
<td>$680.00</td>
<td>$720.00</td>
</tr>
<tr>
<td>Kian Abouhossein</td>
<td>JP Morgan</td>
<td>Raises</td>
<td>Overweight</td>
<td>$625.00</td>
<td>$605.00</td>
</tr>
<tr>
<td>Keith Horowitz</td>
<td>Citigroup</td>
<td>Lowers</td>
<td>Neutral</td>
<td>$550.00</td>
<td>$585.00</td>
</tr>
<tr>
<td>Betsy Graseck</td>
<td>Morgan Stanley</td>
<td>Lowers</td>
<td>Overweight</td>
<td>$659.00</td>
<td>$782.00</td>
</tr>
<tr>
<td>Mike Mayo</td>
<td>Wells Fargo</td>
<td>Raises</td>
<td>Overweight</td>
<td>$720.00</td>
<td>$680.00</td>
</tr>
<tr>
<td>Brennan Hawken</td>
<td>UBS</td>
<td>Raises</td>
<td>Neutral</td>
<td>$640.00</td>
<td>$610.00</td>
</tr>
<tr>
<td>Jason Goldberg</td>
<td>Barclays</td>
<td>Raises</td>
<td>Overweight</td>
<td>$760.00</td>
<td>$713.00</td>
</tr>
<tr>
<td>Betsy Graseck</td>
<td>Morgan Stanley</td>
<td>Raises</td>
<td>Overweight</td>
<td>$782.00</td>
<td>$736.00</td>
</tr>
<tr>
<td>David Konrad</td>
<td>Keefe, Bruyette &amp; Woods</td>
<td>Raises</td>
<td>Outperform</td>
<td>$690.00</td>
<td>$686.00</td>
</tr>
<tr>
<td>Kian Abouhossein</td>
<td>JP Morgan</td>
<td>Raises</td>
<td>Overweight</td>
<td>$605.00</td>
<td>$550.00</td>
</tr>
<tr>
<td>Jason Goldberg</td>
<td>Barclays</td>
<td>Raises</td>
<td>Overweight</td>
<td>$713.00</td>
<td>$588.00</td>
</tr>
<tr>
<td>Brennan Hawken</td>
<td>UBS</td>
<td>Announces</td>
<td>Neutral</td>
<td>$610.00</td>
<td>-</td>
</tr>
<tr>
<td>Chris Kotowski</td>
<td>Oppenheimer</td>
<td>Lowers</td>
<td>Outperform</td>
<td>$639.00</td>
<td>$677.00</td>
</tr>
</tbody>
</table>
<h3>Key Insights:</h3>
<ul>
<li>Action Taken: Analysts frequently update their recommendations based on evolving market conditions and company performance. Whether they 'Maintain', 'Raise' or 'Lower' their stance, it reflects their reaction to recent developments related to Goldman Sachs Group. This information provides a snapshot of how analysts perceive the current state of the company.</li>
<li>Rating: Analyzing trends, analysts offer qualitative evaluations, ranging from 'Outperform' to 'Underperform'. These ratings convey expectations for the relative performance of Goldman Sachs Group compared to the broader market.</li>
<li>Price Targets: Analysts set price targets as an estimate of a stock's future value. Comparing the current and prior price targets provides insight into how analysts' expectations have changed over time. This information can be valuable for investors seeking to understand consensus views on the stock's potential future performance.</li>
</ul>
To gain a panoramic view of Goldman Sachs Group's market performance, explore these analyst evaluations alongside essential financial indicators. Stay informed and make judicious decisions using our Ratings Table.
<a href="https://www.benzinga.com/quote/GS/analyst-ratings?adType=benzinga-insights&amp;ad=analyst-ratings&amp;campaign=wallstreetadvantage">Stay up to date on Goldman Sachs Group analyst ratings.</a>
<h2>Delving into Goldman Sachs Group's Background</h2>
Goldman Sachs is a leading global investment banking and asset management firm. Approximately 14% of its revenue comes from investment banking, 42% from trading, 20% from asset &amp; wealth management, 15% from net interest income, and 9% from other principal transactions. Around 64% of the company's net revenue is generated in the Americas, 13% in Asia, and 23% in Europe, the Middle East, and Africa.
<h3>Breaking Down Goldman Sachs Group's Financial Performance</h3>
Market Capitalization Analysis: The company's market capitalization surpasses industry averages, showcasing a dominant size relative to peers and suggesting a strong market position.
Revenue Growth: Goldman Sachs Group's revenue growth over a period of 3 months has been noteworthy. As of 31 December, 2024, the company achieved a revenue growth rate of approximately 22.54%. This indicates a substantial increase in the company's top-line earnings. When compared to others in the Financials sector, the company faces challenges, achieving a growth rate lower than the average among peers.
Net Margin: Goldman Sachs Group's net margin surpasses industry standards, highlighting the company's exceptional financial performance. With an impressive 28.29% net margin, the company effectively manages costs and achieves strong profitability.
Return on Equity (ROE): Goldman Sachs Group's ROE is below industry averages, indicating potential challenges in efficiently utilizing equity capital. With an ROE of 3.62%, the company may face hurdles in achieving optimal financial returns.
Return on Assets (ROA): Goldman Sachs Group's ROA is below industry averages, indicating potential challenges in efficiently utilizing assets. With an ROA of 0.23%, the company may face hurdles in achieving optimal financial returns.
Debt Management: Goldman Sachs Group's debt-to-equity ratio is notably higher than the industry average. With a ratio of 3.15, the company relies more heavily on borrowed funds, indicating a higher level of financial risk.
<h2>The Basics of Analyst Ratings</h2>
Within the domain of banking and financial systems, analysts specialize in reporting for specific stocks or defined sectors. Their work involves attending company conference calls and meetings, researching company financial statements, and communicating with insiders to publish "analyst ratings" for stocks. Analysts typically assess and rate each stock once per quarter.
Beyond their standard evaluations, some analysts contribute predictions for metrics like growth estimates, earnings, and revenue, furnishing investors with additional guidance. Users of analyst ratings should be mindful that this specialized advice is shaped by human perspectives and may be subject to variability.
Which Stocks Are Analysts Recommending Now?
Benzinga Edge gives you instant access to all major analyst upgrades, downgrades, and price targets. Sort by accuracy, upside potential, and more. <a href="https://www.benzinga.com/premium/ideas/benzinga-edge-checkout/?t=be8be9arja3be22bz21&amp;adType=benzinga-insights&amp;ad=analyst-ratings&amp;campaign=wallstreetadvantage">Click here to stay ahead of the market</a>.
This article was generated by Benzinga's automated content engine and reviewed by an editor.

Assessing Goldman Sachs Group: Insights From 14 Financial Analysts

Evercore ISI Group analyst Glenn Schorr maintains Goldman Sachs Group (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/GS#NYSE">GS</a>) with a Outperform and lowers the price target from $660 to $594.

Evercore ISI Group Maintains Outperform on Goldman Sachs Group, Lowers Price Target to $594

Markets may be approaching a key turning point, according to Fundstrat's Tom Lee, who believes the current conditions could set the stage for a tradable and <a href="https://www.benzinga.com/money/bitcoin-price-prediction">possibly real bottom</a>.
What Happened: Speaking in an <a href="https://www.youtube.com/watch?v=ehlVayfPzkY">interview</a> with CNBC on Monday, the veteran strategist pointed to a confluence of oversold indicators, investor de-risking, and anticipated policy clarity later in the week.
"I think it's possible that instead of us breaking down here and seeing markets under further pressure, we've actually got the right pieces for a bottom," said Lee, Fundstrat's Head of Research and Chief Investment Officer. 
His remarks come as the S&amp;P 500 flirts with correction territory, down nearly 10% from recent highs.
Lee noted that despite bearish sentiment over the weekend and pressure on futures, investors have already undergone significant de-risking. 
This creates the possibility for a relief rally, particularly if uncertainty around tariffs and government policy begins to ease after Wednesday.
"Markets are really oversold," Lee explained. "And I think post-Wednesday, we'll start to see some visibility. That could take the selling pressure off."
Among the major concerns driving current market sentiment are fears of economic disruption due to trade tariffs, lingering inflation, and cautious Fed policy. 
Also Read: <a href="https://www.benzinga.com/markets/cryptocurrency/25/03/44563102/strategy-acquires-22048-more-bitcoin-for-1-92-billion-bringing-total-holdings-to-528185-btc">Strategy Acquires 22,048 More Bitcoin For $1.92 Billion, Bringing Total Holdings To 528,185 BTC</a>
Why It Matters: Lee suggested that some of these fears may be overblown. He also highlighted how falling energy prices and lower interest rates could buoy growth, counteracting stagflation concerns.
"People are buying cars and wine ahead of tariffs, and that's distorting inflation," Lee observed. "But if you factor in some of the positive effects like lower gas prices and interest rates, we might actually see better growth."
He added that while forecasts, like Goldman Sachs' (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/GS#NYSE">GS</a>) recent upward revision of core PCE inflation, point to lingering price pressures, the Fed may remain more dovish than the market currently expects. 
"I think we'll have a glimpse of what Chair Powell's thinking when he speaks Friday after the jobs report," Lee said. "The Fed still seems more dovish than many believe."
Lee's comments come during a volatile stretch for both equity and crypto markets. 
He acknowledged that Bitcoin (CRYPRO: BTC) has been testing recent lows, but said the cryptocurrency could benefit from the Fed's more accommodative stance. 
"I think it's a decent time to be stacking," Lee said, referring to Bitcoin accumulation. "Now that we're exiting March and entering a stronger seasonal period, Bitcoin could do well into year-end."
Read Next:
<ul>
<li><a href="https://www.benzinga.com/markets/cryptocurrency/25/03/44560290/trump-family-to-dive-into-bitcoin-mining-after-defi-meme-coin-projects">Trump Family To Dive Into Bitcoin Mining After DeFi, Meme Coin Projects</a></li>
</ul>
Image: Shutterstock

Tom Lee Says 'We've Got The Right Pieces For A Bottom,' Bitcoin 'Could Do Well Into Year-End'

ALLY

ARES

BBDO

BBVA

BSBR

CNCK

CRBG

ENVA

GDOT

HBAN

HOOD

HSBC

IBKR

INTR

ITUB

JFIN

LMND

LPLA

MUFG

PMAX

Shares of banks and financial services stocks are trading lower following greater-than-expected inflation data measured through the PCE price index for February, while personal spending missed estimates. Additionally, recent tariff announcements may be weighing on equities.

Date	Put/Call	Strike Price	Exp Date	DTE	Trade Vol	Day Vol	Vol / OI	OI	Trade Type	Sentiment
09:33 AMMar 24, 2025	CALL	$530.00	Apr 17, 2025	12	100	100	51	198	TRADE	BULLISH
10:19 AMMar 20, 2025	PUT	$540.00	Dec 19, 2025	258	0	150	0	504	TRADE	BEARISH
12:40 PMMar 17, 2025	CALL	$660.00	Jan 15, 2027	650	200	200	88	226	TRADE	BULLISH

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