Goldman Sachs has “confirmed DNA to adapt to an ever-changing world,” based on Financial institution of America. The agency reiterated a purchase ranking on the funding financial institution on Wednesday, alongside a $700 per share value goal, which represents 12% upside from Wednesday’s $624.17 shut. Analyst Ebrahim Poonawala mentioned Goldman has a storied historical past of navigating turbulent intervals. He cited the Paul Volcker-led Federal Reserve period and the 2008 monetary disaster as examples, saying these instances demonstrated “a robust mixture of scale and suppleness.” Poonawala mentioned he expects continued power in Goldman’s buying and selling income, which was a spotlight of the corporate’s most up-to-date quarterly report . “A sea change within the macro backdrop (rates of interest, geopolitics) vs. post-GFC [Great Financial Crisis] years mixed with a technique that’s targeted on deepening consumer relationships (by way of financing) has elevated the resiliency of buying and selling revenues,” Poonawala mentioned. “Regardless of the inherent unpredictability, buying and selling revenues have grown in six out of the final seven years after bottoming in 2017 (coinciding with a shift in Fed coverage).” GS YTD mountain Goldman Sachs inventory in 2025. The non-public credit score area is one other potential alternative for additional development, the analyst mentioned. He expects Goldman is comparatively nicely positioned to deal with any potential volatility within the sector. “Goldman’s presence within the non-public credit score area courting again to the mid-90s, historical past of robust danger administration (superior consumer choice) ought to cut back the chance from any potential credit score volatility on this area,” the analyst mentioned. Shares have added 9% in 2025, and have gained about 4% in June.