Is Goldman Sachs a reliable analyst?

In short — Over 1 year, 60.5% of Goldman Sachs's targets proved profitable, for an average gain of +17.2% per call (all calls, winners and losers) — i.e. +5.5% vs its sector, across 2306 timestamped calls replayed against real prices. JPI verdict: fairly reliable. An analyst can be good in one sector and poor in another — details below.
60.5%profitable calls
+17.2%avg gain / call
+5.5%vs sector
2306scored calls

In which sectors is Goldman Sachs reliable?

SectorCalls % profitable Avg gain 2015+ Avg gain 2020+ Last 12 months
▸ Tech49464%+38.6%+47.2%+22.4% (64)
▸ Industry30561%+22.9%+29.3%+0.6% (40)
▸ Materials8655.8%+13.0%+22.4%-6.1% (5)
▸ Energy11666.4%+15.1%+21.4%+23.6% (18)
▸ Comm.12761.4%+18.0%+17.5%+6.2% (13)
▸ Cons. disc.29062.8%+12.5%+16.7%-1.5% (46)
▸ Finance33264.5%+12.3%+13.0%+4.0% (48)
▸ Utilities8756.3%+5.0%+7.8%-10.5% (1)
▸ Health19259.9%+7.0%+6.0%-9.7% (32)
▸ Cons. staples17349.7%+0.9%+0.8%+5.8% (7)
▸ Real estate9245.7%+1.0%+0.4%-14.7% (9)
▸ Crypto128.3%-102.7%-102.7%+10.1% (5)

The 25 stocks Goldman Sachs performed best on

StockCalls % profitable Avg gain 2015+ Avg gain 2020+ Last 12 months
▸ APP AppLovin1080%+270.7%+270.7%—
▸ GEV GE Vernova8100%+137.3%+137.3%+47.6% (2)
▸ VRT Vertiv14100%+126.4%+126.4%+9.5% (4)
▸ DE Deere & Company3100%+95.6%+120.2%—
▸ DELL Dell Technologies1181.8%+103.1%+103.1%+152.2% (4)
▸ DVN Devon Energy580%+101.0%+101.0%—
▸ HWM Howmet Aerospace3100%+89.0%+89.0%-3.6% (2)
▸ NVDA Nvidia20100%+84.5%+83.0%+15.0% (1)
▸ LRCX Lam Research1172.7%+80.9%+82.7%+29.0% (1)
▸ CMI Cummins5100%+72.2%+81.6%—
▸ IBKR Interactive Brokers683.3%+52.2%+77.2%+4.7% (2)
▸ NUE Nucor862.5%+42.7%+76.8%—
▸ GE GE Aerospace6100%+74.1%+74.1%—
▸ TPR Tapestry, Inc.1369.2%+65.1%+73.5%-11.1% (1)
▸ FLEX Flex Ltd.8100%+54.5%+73.2%+26.3% (4)
▸ META Meta Platforms1693.8%+68.8%+68.8%+37.0% (1)
▸ URI United Rentals1478.6%+53.8%+66.9%—
▸ DHI D. R. Horton560%+45.7%+66.2%-17.5% (1)
▸ JBL Jabil1586.7%+51.1%+62.4%-8.8% (3)
▸ APH Amphenol1181.8%+47.4%+57.4%+12.6% (2)
▸ MCK McKesson Corporation366.7%+28.5%+57.1%—
▸ TRMB Trimble Inc.1181.8%+51.7%+56.9%—
▸ BXP BXP, Inc.366.7%+9.9%+56.5%—
▸ CRWD CrowdStrike1181.8%+38.5%+56.5%+103.6% (1)
▸ AMAT Applied Materials2080%+54.0%+55.8%+20.8% (2)
% profitable = share of its calls that made money (1 year). Avg gain / call = average absolute gain per call (winners and losers). Point-in-time, S&P 500 backtest.

❓ Goldman Sachs: frequently asked questions

Is Goldman Sachs a reliable analyst? How accurate are their price targets?

Over 12 months, 60.5% of Goldman Sachs's targets were profitable, averaging +17.2% per call (+5.5% vs their sector), across 2306 timestamped calls. Verdict: fairly reliable. We judge on real results, not reputation — the call-by-call detail is further up this page.

JPI AI Analyst AI assistant · JPI Invest
Answers based on the tool’s data · not financial advice · full version (free)