GS Stock Analysis: Goldman Sachs | NYSE
Capital Markets | NYSE, USA | Market Cap: 301.203m USD | 12M Return: 50.6% | Charts, Fundamentals & Technical Analysis
Avg Turnover: 2.34B
EPS Trend: 97.7%
Qual. Beats: 7
Rev. Trend: 68.3%
Qual. Beats: 0
Warnings
No concerns identified
Tailwinds
No distinct edge detected
Seasonality 10.5 years of data
How good or bad each month usually is (without trend). The score below shows how much you can trust it: 0 = pure chance, >40 gets interesting and >55 is strong.
Goldman Sachs Group, Inc. (NYSE: GS) is a global financial institution founded in 1869 and headquartered in New York City. The firm provides financial services to corporations, financial institutions, governments, and individuals across the Americas, Europe, the Middle East, Africa, and Asia. It has been publicly traded since its May 1999 IPO and is classified within the Financials sector under the Investment Banking & Brokerage sub-industry.
Goldman Sachs operates through three business segments. Global Banking & Markets offers investment banking advisory services such as mergers and acquisitions advisory, equity and debt underwriting, structured lending, securities financing, and client execution in cash and derivative products. Asset & Wealth Management manages client assets across multiple classes including equities, fixed income, hedge funds, private equity, and real estate, while also providing wealth advisory and private banking services. Platform Solutions, a newer segment, includes the firms consumer credit card business as well as transaction banking services like deposit-taking and payment solutions for corporate and institutional clients.
The investment banking industry, in which Goldman Sachs competes, typically generates revenue through a mix of advisory fees, underwriting fees, trading income, and asset management fees. Major competitors include other bulge-bracket banks such as JPMorgan Chase, Morgan Stanley, and Citigroup.
- Investment banking fees rebound on M&A and IPO recovery
- Asset and Wealth Management AUM growth lifts fee-based revenue
- Platform Solutions consumer banking losses prompt strategic review
| Net Income: 18.1b TTM > 0 and > 6% of Revenue |
| FCF/TA: -0.02 > 0.02 and ΔFCF/TA -0.65 > 1.0 |
| NWC/Revenue: -373.9% < 20% (prev -98.69%; Δ -275.2% < -1%) |
| CFO/TA -0.02 > 3% & CFO -39.8b > Net Income 18.1b |
| Net Debt (745b) to EBITDA (24.9b): 29.86 < 3 |
| Current Ratio: 0.02 > 1.5 & < 3 |
| Outstanding Shares: last quarter (308.0m) vs 12m ago -5.08% < -2% |
| Gross Margin: 55.55% > 18% (prev 41.93%; Δ 13.61% > 0.5%) |
| Asset Turnover: 5.79% > 50% (prev 7.16%; Δ -1.37% > 0%) |
| Interest Coverage Ratio: 0.34 > 6 (EBIT TTM 22.8b / Interest Expense TTM 67.4b) |
| A: -0.20 (Total Current Assets 7.01b - Total Current Liabilities 421b) / Total Assets 2060b |
| B: 0.08 (Retained Earnings 169b / Total Assets 2060b) |
| C: 0.01 (EBIT TTM 22.8b / Avg Total Assets 1913b) |
| D: 0.06 (Book Value of Equity 123b / Total Liabilities 1936b) |
| Altman-Z'' = -0.90 = CCC |
| DSRI: 1.31 (Receivables 209b/182b, Revenue 111b/126b) |
| GMI: 0.75 (GM 41.93% / 55.55%) |
| AQI: 2.70 (AQ_t 0.99 / AQ_t-1 0.37) |
| SGI: 0.88 (Revenue 111b / 126b) |
| TATA: 0.03 (NI 18.1b - CFO -39.8b) / TA 2060b) |
| Beneish M = -2.07 (Cap -4..+1) = BB |
As of July 09, 2026, the stock is trading at USD 1029.64 with a total of 1,506,961 shares traded. Over the past week, the price has changed by +1.81%, over one month by -1.47%, over three months by +14.18% and over the past year by +50.64%.
Current recommended Stop Loss: 988.70 (which is 4% or 1.3 ATR below the current price).
Goldman Sachs has received a consensus analysts rating of 3.40. Therefore, it is recommended to hold GS.
- StrongBuy: 6
- Buy: 1
- Hold: 16
- Sell: 1
- StrongSell: 1
| Analysts Target Price | 978.4 | -5% |
P/E Trailing = 18.6484
P/E Forward = 17.331
P/S = 4.895
P/B = 2.7576
P/EG = 1.5751
Revenue TTM = 111b USD
EBIT TTM = 22.8b USD
EBITDA TTM = 24.9b USD
Long Term Debt = 326b USD (from longTermDebt, last quarter)
Short Term Debt = 421b USD (from shortTermDebt, last quarter)
Debt = 752b USD (from shortLongTermDebtTotal, last quarter) + Leases 2.10b
Net Debt = 745b USD (calculated: Debt 752b - CCE 7.01b)
Enterprise Value = 1046b USD (301b + Debt 752b - CCE 7.01b)
Interest Coverage Ratio = 0.34 (Ebit TTM 22.8b / Interest Expense TTM 67.4b)
EV/FCF = -24.95x (Enterprise Value 1046b / FCF TTM -41.9b)
FCF Yield = -4.01% (FCF TTM -41.9b / Enterprise Value 1046b)
FCF Margin = -37.84% (FCF TTM -41.9b / Revenue TTM 111b)
Net Margin = 16.31% (Net Income TTM 18.1b / Revenue TTM 111b)
Gross Margin = 55.55% ((Revenue TTM 111b - Cost of Revenue TTM 49.2b) / Revenue TTM)
Gross Margin QoQ = none% (prev 51.71%)
Tobins Q-Ratio = 0.51 (Enterprise Value 1046b / Total Assets 2060b)
Interest Expense / Debt = 8.97% (Interest Expense 67.4b / Debt 752b)
Taxrate = 20.37% (4.62b / 22.7b)
NOPAT = 18.1b (EBIT 22.8b * (1 - 20.37%))
Current Ratio = 0.02 (Total Current Assets 7.01b / Total Current Liabilities 421b)
Debt / Equity = 6.12 (Debt 752b / totalStockholderEquity, last quarter 123b)
Debt / EBITDA = 29.86 (Net Debt 745b / EBITDA 24.9b)
Debt / FCF = -17.76 (negative FCF - burning cash) (Net Debt 745b / FCF TTM -41.9b)
Total Stockholder Equity = 124b (last 4 quarters mean from totalStockholderEquity)
RoA = 0.94% (Net Income 18.1b / Total Assets 2060b)
RoE = 14.58% (Net Income TTM 18.1b / Total Stockholder Equity 124b)
RoCE = 5.05% (EBIT 22.8b / Capital Employed (Equity 124b + L.T.Debt 326b))
RoIC = 0.88% (NOPAT 18.1b / Invested Capital 2055b)
WACC = 8.36% (E(301b)/V(1053b) * Re(11.39%) + D(752b)/V(1053b) * Rd(8.97%) * (1-Tc(0.20)))
Discount Rate = 11.39% (= CAPM, Blume Beta Adj.)
Shares (quarterly) Correlation: -95.56 | Cagr: -5.01%
[DCF] Fair Price = unknown (Cash Flow -41.9b)
EPS Correlation: 97.74 | EPS CAGR: 45.21% | SUE: 1.38 | # QB: 7
Revenue Correlation: 68.26 | Revenue CAGR: 8.56% | SUE: 0.01 | # QB: 0
EPS current Quarter (2026-06-30): EPS=14.12 | Chg30d=+2.83% | Revisions=-6% | Analysts=19
EPS next Quarter (2026-09-30): EPS=14.09 | Chg30d=+2.06% | Revisions=-39% | Analysts=18
EPS current Year (2026-12-31): EPS=60.10 | Chg30d=+1.23% | Revisions=+43% | GrowthEPS=+17.1% | GrowthRev=+10.4%
EPS next Year (2027-12-31): EPS=66.36 | Chg30d=+1.47% | Revisions=+17% | GrowthEPS=+10.4% | GrowthRev=+5.0%
[Analyst] Revisions Ratio: +8% (up=38, down=32)