Goldman Sachs Announces Retirement of Board Member Mittal

Goldman Sachs Group ( (GS) ) has provided an update.

The Goldman Sachs Group, Inc. announced that Board member Lakshmi Mittal will retire from its Board of Directors at the company’s 2026 Annual Meeting of Shareholders, in line with the Board’s age-based retirement policy. His retirement, deemed tendered under the Corporate Governance Guidelines, was formally accepted by the Board on March 9, 2026, signaling an upcoming change in board composition and potential refresh of its governance profile.

The most recent analyst rating on (GS) stock is a Hold with a $826.00 price target. To see the full list of analyst forecasts on Goldman Sachs Group stock, see the GS Stock Forecast page.

Spark’s Take on GS Stock

According to Spark, TipRanks’ AI Analyst, GS is a Neutral.

GS scores moderately well driven by strong earnings-call momentum (improving returns, record GBM performance, strong backlog, and robust capital return plans). Offsetting this, financial quality is constrained by sustained negative operating/free cash flow and structurally high leverage, while technical indicators point to weak near-term price momentum. Valuation is reasonable with a modest dividend, providing some support but not enough to fully offset the cash-flow and momentum risks.

To see Spark’s full report on GS stock, click here.

More about Goldman Sachs Group

The Goldman Sachs Group, Inc. is a global financial services firm operating in investment banking, securities, and investment management. The company serves corporations, financial institutions, governments, and individuals worldwide, providing advisory, financing, trading, and wealth management services across capital markets and related financial activities.

Average Trading Volume: 2,444,226

Technical Sentiment Signal: Buy

Current Market Cap: $233.7B

Find detailed analytics on GS stock on TipRanks’ Stock Analysis page.