GS Stock Analysis: Goldman Sachs | NYSE
Capital Markets | NYSE, USA | Market Cap: 302.649m USD | 12M Return: 44.5% | US38141G1040 | Charts, Fundamentals & Technical Analysis
Avg Turnover: 1.90B
EPS Trend: 98.7%
Qual. Beats: 8
Rev. Trend: 46.9%
Qual. Beats: 0
Warnings
Tailwinds
Seasonality 11.6 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: 21.0b TTM > 0 and > 6% of Revenue |
| FCF/TA: -0.02 > 0.02 and ΔFCF/TA -0.56 > 1.0 |
| NWC/Revenue: -208.1% < 20% (prev -683.7%; Δ 475.6% < -1%) |
| CFO/TA -0.02 > 3% & CFO -39.4b > Net Income 21.0b |
| Net Debt (-2.35b) to EBITDA (31.4b): -0.07 < 3 |
| Current Ratio: 0.83 > 1.5 & < 3 |
| Outstanding Shares: last quarter (304.9m) vs 12m ago -4.21% < -2% |
| Gross Margin: 57.29% > 18% (prev 43.29%; Δ 14.01% > 0.5%) |
| Asset Turnover: 6.03% > 50% (prev 7.09%; Δ -1.06% > 0%) |
| Interest Coverage Ratio: 0.43 > 6 (EBIT TTM 29.3b / Interest Expense TTM 68.8b) |
| A: -0.12 (Total Current Assets 1221b - Total Current Liabilities 1467b) / Total Assets 2128b |
| B: 0.08 (Retained Earnings 174b / Total Assets 2128b) |
| C: 0.01 (EBIT TTM 29.3b / Avg Total Assets 1956b) |
| D: 0.06 (Book Value of Equity 123b / Total Liabilities 2005b) |
| Altman-Z'' = -0.32 = B |
| DSRI: 2.54 (Receivables 475b/201b, Revenue 118b/127b) |
| GMI: 0.76 (GM 43.29% / 57.29%) |
| AQI: 0.53 (AQ_t 0.42 / AQ_t-1 0.79) |
| SGI: 0.93 (Revenue 118b / 127b) |
| TATA: 0.03 (NI 21.0b - CFO -39.4b) / TA 2128b) |
| Beneish M = -2.30 (Cap -4..+1) = BBB |
As of August 20, 2026, the stock is trading at USD 1021.65 with a total of 2,743,386 shares traded. Over the past week, the price has changed by -1.50%, over one month by -3.16%, over three months by +10.49% and over the past year by +44.48%.
Current recommended Stop Loss: 942.20 (which is 7.8% or 2.7 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 | 1141.7 | 11.7% |
P/E Trailing = 16.0528
P/E Forward = 16.0
P/S = 4.479
P/B = 2.7455
P/EG = 1.468
Revenue TTM = 118b USD
EBIT TTM = 29.3b USD
EBITDA TTM = 31.4b USD
Long Term Debt = 360b USD (from longTermDebt, last quarter)
Short Term Debt = 380b USD (from shortTermDebt, last quarter)
Debt = 744b USD (from shortLongTermDebtTotal, last quarter) + Leases 2.06b
Net Debt = -2.35b USD (calculated: Debt 744b - CCE 746b)
Enterprise Value = 300b USD (303b + Debt 744b - CCE 746b)
Interest Coverage Ratio = 0.43 (Ebit TTM 29.3b / Interest Expense TTM 68.8b)
EV/FCF = -7.23x (Enterprise Value 300b / FCF TTM -41.5b)
FCF Yield = -13.82% (FCF TTM -41.5b / Enterprise Value 300b)
FCF Margin = -35.20% (FCF TTM -41.5b / Revenue TTM 118b)
Net Margin = 17.78% (Net Income TTM 21.0b / Revenue TTM 118b)
Gross Margin = 57.29% ((Revenue TTM 118b - Cost of Revenue TTM 50.4b) / Revenue TTM)
Gross Margin QoQ = 52.66% (prev none%)
Tobins Q-Ratio = 0.14 (Enterprise Value 300b / Total Assets 2128b)
Interest Expense / Debt = 9.25% (Interest Expense 68.8b / Debt 744b)
Taxrate = 20.24% (5.32b / 26.3b)
NOPAT = 23.4b (EBIT 29.3b * (1 - 20.24%))
Current Ratio = 0.83 (Total Current Assets 1221b / Total Current Liabilities 1467b)
Debt / Equity = 6.06 (Debt 744b / totalStockholderEquity, last quarter 123b)
Debt / EBITDA = -0.07 (Net Debt -2.35b / EBITDA 31.4b)
Debt / FCF = 0.06 (negative FCF - burning cash) (Net Debt -2.35b / FCF TTM -41.5b)
Total Stockholder Equity = 124b (last 4 quarters mean from totalStockholderEquity)
RoA = 1.07% (Net Income 21.0b / Total Assets 2128b)
RoE = 16.97% (Net Income TTM 21.0b / Total Stockholder Equity 124b)
RoCE = 6.07% (EBIT 29.3b / Capital Employed (Equity 124b + L.T.Debt 360b))
RoIC = 2.26% (NOPAT 23.4b / Invested Capital 1035b)
WACC = 8.76% (E(303b)/V(1047b) * Re(12.17%) + D(744b)/V(1047b) * Rd(9.25%) * (1-Tc(0.20)))
Discount Rate = 12.17% (= CAPM, Blume Beta Adj.)
Shares (quarterly) Correlation: -98.64 | Cagr: -4.67%
[DCF] Fair Price = unknown (Cash Flow -41.5b)
EPS Correlation: 98.67 | EPS CAGR: 48.74% | SUE: 4.0 | # QB: 8
Revenue Correlation: 46.88 | Revenue CAGR: 4.01% | SUE: 0.83 | # QB: 0
EPS current Quarter (2026-09-30): EPS=16.43 | Chg30d=+16.59% | Revisions=+74% | Analysts=18
EPS current Year (2026-12-31): EPS=70.77 | Chg30d=+17.76% | Revisions=+86% | GrowthEPS=+37.9% | GrowthRev=+23.8%
EPS next Year (2027-12-31): EPS=74.17 | Chg30d=+11.77% | Revisions=+88% | GrowthEPS=+4.8% | GrowthRev=+2.0%
[Analyst] Revisions Ratio: +92% (up=55, down=1)