GS Stock Analysis: Goldman Sachs | NYSE
Capital Markets | NYSE, USA | Market Cap: 259.521m USD | 12M Return: 19.1% | US38141G1040 | Charts, Fundamentals & Technical Analysis
Avg Turnover: 1.98B
EPS Trend: 98.7%
Qual. Beats: 9
Rev. Trend: 24.8%
Qual. Beats: 0
Warnings
Tailwinds
No distinct edge detected
Seasonality 11.7 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.
The Goldman Sachs Group, Inc. is a global financial institution headquartered in New York, providing a broad range of financial services to corporations, financial institutions, governments, and individuals across the Americas, Europe, the Middle East, Africa, and Asia. Founded in 1869 and listed on the NYSE under ticker GS, the firm operates as one of the largest participants in the Investment Banking & Brokerage sub-industry within the Financials sector. The company is classified as a mega-cap stock with an IPO date of May 3, 1999.
The firm operates through three business segments. The Global Banking & Markets segment is the firms traditional core, offering investment banking advisory services such as mergers and acquisitions advisory, equity and debt underwriting, and restructuring, alongside securities trading and financing activities including prime brokerage, derivatives execution, and secured lending across multiple asset classes. Investment banking advisory and underwriting remain among the highest-margin activities in the financial services sector, typically generating fee-based revenue that is less capital-intensive than lending operations.
The Asset & Wealth Management segment manages client assets across equities, fixed income, hedge funds, private equity, real estate, and alternative investments, while also providing wealth advisory, financial planning, and private banking services to high-net-worth individuals and institutions. The Platform Solutions segment represents the firms newer consumer-facing initiatives, including the Apple Card co-branded credit card partnership and transaction banking services such as deposit-taking and cash management for corporate clients.
- Investment banking fees rebound on M&A and IPO recovery
- FICC and equities trading revenue benefits from client volatility and rate swings
- Asset & Wealth Management fee earnings scale with AUM growth
| Net Income: 22.2b TTM > 0 and > 6% of Revenue |
| FCF/TA: -0.02 > 0.02 and ΔFCF/TA -0.53 > 1.0 |
| NWC/Revenue: -65.60% < 20% (prev -541.6%; Δ 476.0% < -1%) |
| CFO/TA -0.02 > 3% & CFO -39.4b > Net Income 22.2b |
| Net Debt (-168b) to EBITDA (33.0b): -5.09 < 3 |
| Current Ratio: 0.95 > 1.5 & < 3 |
| Outstanding Shares: last quarter (301.1m) vs 12m ago -4.41% < -2% |
| Gross Margin: 57.53% > 18% (prev 45.07%; Δ 12.45% > 0.5%) |
| Asset Turnover: 6.19% > 50% (prev 7.04%; Δ -0.85% > 0%) |
| Interest Coverage Ratio: 0.44 > 6 (EBIT TTM 30.9b / Interest Expense TTM 70.9b) |
| A: -0.04 (Total Current Assets 1594b - Total Current Liabilities 1675b) / Total Assets 2182b |
| B: 0.08 (Retained Earnings 165b / Total Assets 2182b) |
| C: 0.02 (EBIT TTM 30.9b / Avg Total Assets 1995b) |
| D: 0.06 (Book Value of Equity 125b / Total Liabilities 2057b) |
| Altman-Z'' = 0.17 = B |
| DSRI: 3.0 (Receivables 585b/177b, Revenue 123b/127b) |
| GMI: 0.78 (GM 45.07% / 57.53%) |
| AQI: 0.44 (AQ_t 0.27 / AQ_t-1 0.60) |
| SGI: 0.97 (Revenue 123b / 127b) |
| TATA: 0.03 (NI 22.2b - CFO -39.4b) / TA 2182b) |
| Beneish M = -1.92 (Cap -4..+1) = B |
As of October 29, 2026, the stock is trading at USD 925.17 with a total of 1,890,003 shares traded. Over the past week, the price has changed by +2.26%, over one month by +0.97%, over three months by -10.03% and over the past year by +19.10%.
Current recommended Stop Loss: 893.80 (which is 3.4% or 1.3 ATR below the current price).
Goldman Sachs has received a consensus analysts rating of 3.46. Therefore, it is recommended to hold GS.
- StrongBuy: 7
- Buy: 1
- Hold: 16
- Sell: 1
- StrongSell: 1
| Analysts Target Price | 1038.2 | 12.2% |
P/E Trailing = 13.0079
P/E Forward = 12.8041
P/S = 3.6534
P/B = 2.5199
P/EG = 1.1741
Revenue TTM = 123b USD
EBIT TTM = 30.9b USD
EBITDA TTM = 33.0b USD
Long Term Debt = 296b USD (from longTermDebt, last fiscal year)
Short Term Debt = 487b USD (from shortTermDebt, last quarter)
Debt = 841b USD (from shortLongTermDebtTotal, last quarter) + Leases 2.06b
Net Debt = -168b USD (calculated: Debt 841b - CCE 1009b)
Enterprise Value = 91.6b USD (260b + Debt 841b - CCE 1009b)
Interest Coverage Ratio = 0.44 (Ebit TTM 30.9b / Interest Expense TTM 70.9b)
EV/FCF = -2.21x (Enterprise Value 91.6b / FCF TTM -41.5b)
FCF Yield = -45.33% (FCF TTM -41.5b / Enterprise Value 91.6b)
FCF Margin = -33.62% (FCF TTM -41.5b / Revenue TTM 123b)
Net Margin = 17.95% (Net Income TTM 22.2b / Revenue TTM 123b)
Gross Margin = 57.53% ((Revenue TTM 123b - Cost of Revenue TTM 52.4b) / Revenue TTM)
Gross Margin QoQ = 48.57% (prev 52.66%)
Tobins Q-Ratio = 0.04 (Enterprise Value 91.6b / Total Assets 2182b)
Interest Expense / Debt = 8.43% (Interest Expense 70.9b / Debt 841b)
Taxrate = 20.56% (5.74b / 27.9b)
NOPAT = 24.6b (EBIT 30.9b * (1 - 20.56%))
Current Ratio = 0.95 (Total Current Assets 1594b / Total Current Liabilities 1675b)
Debt / Equity = 6.73 (Debt 841b / totalStockholderEquity, last quarter 125b)
Debt / EBITDA = -5.09 (Net Debt -168b / EBITDA 33.0b)
Debt / FCF = 4.05 (negative FCF - burning cash) (Net Debt -168b / FCF TTM -41.5b)
Total Stockholder Equity = 124b (last 4 quarters mean from totalStockholderEquity)
RoA = 1.11% (Net Income 22.2b / Total Assets 2182b)
RoE = 17.90% (Net Income TTM 22.2b / Total Stockholder Equity 124b)
RoCE = 7.37% (EBIT 30.9b / Capital Employed (Equity 124b + L.T.Debt 296b))
RoIC = 2.49% (NOPAT 24.6b / Invested Capital 988b)
WACC = 7.83% (E(260b)/V(1101b) * Re(11.51%) + D(841b)/V(1101b) * Rd(8.43%) * (1-Tc(0.21)))
Discount Rate = 11.51% (= CAPM, Blume Beta Adj.)
Shares (quarterly) Correlation: -98.64 | Cagr: -4.69%
[DCF] Fair Price = unknown (Cash Flow -41.5b)
EPS Correlation: 98.73 | EPS CAGR: 46.31% | SUE: 2.33 | # QB: 9
Revenue Correlation: 24.81 | Revenue CAGR: 1.54% | SUE: 0.79 | # QB: 0
EPS current Quarter (2027-03-31): EPS=19.23 | Chg30d=+1.20% | Revisions=-44% | Analysts=10
EPS current Year (2026-12-31): EPS=71.11 | Chg30d=+1.04% | Revisions=-84% | GrowthEPS=+38.6% | GrowthRev=+24.9%
EPS next Year (2027-12-31): EPS=74.28 | Chg30d=+0.72% | Revisions=-45% | GrowthEPS=+4.5% | GrowthRev=+1.4%
[Analyst] Revisions Ratio: -69% (up=5, down=34)