Will 2025 Bring Similar Cheer For S&P 500? Here's What Wall Street Expects. [Forbes]
Goldman Sachs Group, Inc. (The) (GS)
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Source: Forbes
prognostications from major banks, a welcome bullish signal for investors already enjoying a historic bull market. Can the stock market replicate the 20%-plus gains hit each of the next two years? Anadolu Agency via Getty Images Key Facts Goldman Sachs: The investment bank predicted in a Monday note to clients the S&P will end next year at a 10% gain from the index's roughly 5,900 level Wednesday, not accounting for dividends. It's a view “predicated on continued U.S. economic expansion” and bolstered by the forecasted 11% earnings per share growth for the 500-company index. Notably, the Goldman group led by David Kostin predicts 2025 will be the slimmest relative outperformance of the “magnificent seven” stocks of the U.S.' seven largest companies since 2017, reversing a trend of extended market-beating returns from the group led by AI leader Nvidia and iPhone maker Apple. Morgan Stanley: The Goldman rival has a matching 12-month price target for the S&P, the group led by M
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Earnings
- 10/16/24 - Beat
GS
Sec Filings
- 11/20/24 - Form 424B2
- 11/20/24 - Form 424B2
- 11/20/24 - Form 424B3
- GS's page on the SEC website