AbstractSocial identities are an important component of an individual’s self‐concept. In the current research, we examine how identification with a group can lead to biased intergroup judgments similar to those made when evaluating the self, relative to others. We compared evaluations of in‐ and outgroups in order to examine differences in temporal perspective and optimistic evaluations. Our findings suggest that compared to an outgroup, ingroup members more strongly consider the future potential of their group, are more optimistic when considering future ingroup outcomes, and hold a more uniformly positive view of an ingroup’s future. Furthermore, we find that when evaluating ingroups, shifts in temporal perspectives are related to greater optimism. We conclude by discussing theoretical implications and future research related to temporal judgments and social groups.