GS Forecast



Bearish<—>Bullish



80% Confidence




Bullish Case: GS's SPAC market re-entry and Asian expansion enhance growth prospects, capitalizing on bullish sentiment and strategic shifts.




Bearish Case: High insider selling and backwardation indicate risks of downside and liquidity concerns, exacerbated by economic uncertainties.




Potential Outcomes:

1. Strategic initiatives boost performance (60%),

2. Insider sales trigger decline (25%),

3. Stability despite volatility persists (15%).



June 21, 2025


Goldman Sachs Group Forecast

GS        Goldman Sachs Group











Correlated Assets

Assets that tend to move strongly with GS



XLF Forecast + Options Trading Strategies   XLF  Financial Select Sector SPDR (0.96)


BYD Forecast + Options Trading Strategies   BYD  Boyd Gaming (0.96)


RCL Forecast + Options Trading Strategies   RCL  Royal Caribbean (0.95)


ARKF Forecast + Options Trading Strategies   ARKF  ARK Fintech Innovation (0.95)


JPM Forecast + Options Trading Strategies   JPM  JPMorgan Chase (0.95)



Uncorrelated Assets

Assets with little price relationship to GS



VNQ Forecast + Options Trading Strategies   VNQ  Vanguard Real Estate Index (-0.01)


FNF Forecast + Options Trading Strategies   FNF  Fidelity National Financial (0.01)


KLAC Forecast + Options Trading Strategies   KLAC  KLA (-0.01)


XPOF Forecast + Options Trading Strategies   XPOF  Xponential Fitness (0.02)


AAP Forecast + Options Trading Strategies   AAP  Advance Auto Parts (0.02)



Anticorrelated Assets

Assets that tend to move strongly against GS



BMRN Forecast + Options Trading Strategies   BMRN  Registered Shares (-0.67)


KHC Forecast + Options Trading Strategies   KHC  Kraft Heinz (-0.71)


CNC Forecast + Options Trading Strategies   CNC  Centene (-0.73)


CAG Forecast + Options Trading Strategies   CAG  Conagra Brands (-0.76)


SPXU Forecast + Options Trading Strategies   SPXU  ProShares UltraPro Short S&P 500 (-0.91)









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