02:40 PM EDT, 10/14/2025 (MT Newswires) -- CFRA, an independent research provider, has provided MT Newswires with the following research alert. Analysts at CFRA have summarized their opinion as follows:

We keep our 12-month target price at $850, applying a forward P/E of 15.6x our 2026 earnings estimate compared to the five-year historical average for normalized EPS at 15.5x. We are raising our 2025 EPS estimates by $4.20 to $50.70 and 2026's by $1.50 to $54.50 per share on revenue projections of $60B and $63B, respectively. We think GS can support its higher multiple valuation with significant earnings beat and upward earnings revisions by the consensus. In Q3 2025, GSdelivered strong earnings performance, with reported EPS of $12.25versus the $10.35 consensus estimate, a 19% beat. Total revenue in Q3 2025 also came in above consensus, at $15.2B, or a 10% revenue beat, supported by solid results across most businesses and products. We think GS share price with expected strong earnings ahead should grow into a P/E multiple that would trade at a 30% discount to the S&P 500 at 22.3x. We think higher revenue and earnings delivery should provide momentum in the share price for the rest of 2025 and 2026.