Goldman Sachs' stock has underperformed the S&P 500 in 2023, with a YTD loss of 2% and a 6% discount from its estimated fair value. The company's revenues are expected to reach $43.86 billion in FY2023, with a net income of $7.93 billion. Goldman Sachs maintains a Buy rating and $605 price target on NVIDIA, anticipating strong results and guidance in the Data Center segment, particularly in AI proliferation. The bank's investment portfolio, valued at $496 billion, is refocusing towards wealth management and cost-cutting measures are leading to layoffs.

Goldman Sachs Stock Performance