The Ultimate Goal is complete Extinguishing
of Craving:

By the gradual stilling, giving up,
fading away, letting go, relinquishing
and thus ceasing of all greed, desire, lust, craving, clinging, attachment,
adherence, obsession, and latent tendency towards the various elements
of forms, feelings, perceptions, constructions and kinds of consciousness,
the mind is finally said to be
well released...!
Therefore; those recluses
and monks, who are well released by extinction
of
craving,
have reached the ultimate goal, and won absolute security from
bondage, they have achieved a sublime Nobility, they have accomplished
the
supreme advantage! They are therefore best among all gods
and all
humans!
Even these mighty Devas as
Indra,
Brahmā and
Pajapati
praise them with
these long standing ovations from afar:
Homage to you, Thoroughbred Man!
Admirable are you, Supreme Man!
We
do not know on what you Meditate!

See also:
https://What-Buddha-Said.net/drops/Arahat_Qualities.htm
Source:
The Grouped Sayings by the Buddha. Samyutta Nikāya 22(4+79): [III 13+-91]
http://store.pariyatti.org/Connected-Discourses-of-the-Buddha_p_1379.html