Working backwards from a known result
Most of the time you enter inputs and calculate a result. Goal Seek flips that around: you already know the result you want, and you need Excel to figure out what single input value produces it.
One variable at a time
Goal Seek can only adjust a single input cell per run. If your question involves multiple variables changing at once β for example, both an interest rate and a loan term β you need a more advanced tool like Solver, which is built for exactly that kind of multi-variable problem.
Frequently Asked Questions
Can Goal Seek handle more than one variable at once?
No β Goal Seek can only change a single cell per run. For problems with multiple variables, use the more advanced Solver add-in instead.
What happens if Excel can't find a value that hits the target?
If the target is mathematically impossible to reach, Excel displays a message that it could not find a solution, which is a sign to double-check your formula or target value.