Goldman Sachs Is Paying Up to $2.25 Billion for a $30 Billion ETF Business. Is That Enough to Lift the Stock Back to a Record by 2028?

Goldman Sachs announced an acquisition of NEOS Investments for $2.25 billion, adding a $30 billion (now $36.5 billion) ETF business specializing in covered call and options income strategies. While the deal is strategically sound and positions Goldman well in the growing alternative income ETF space, analysts believe it alone won't be sufficient to drive the stock back to its all-time high of $1,146.65, requiring a 30% rally from current levels.