(GS) Goldman Sachs - Overview

Sector: Financial Services | Industry: Capital Markets | Exchange: NYSE (USA) | Market Cap: 291.518m USD | Total Return: 65.2% in 12m

Investment Banking, Asset Management, Securities Trading, Private Banking
Total Rating 43
Safety 29
Buy Signal 0.70
Capital Markets
Industry Rotation: -11.4
Market Cap: 292B
Avg Turnover: 1.80B
Risk 3d forecast
Volatility25.1%
VaR 5th Pctl4.27%
VaR vs Median3.21%
Reward TTM
Sharpe Ratio1.84
Rel. Str. IBD79.4
Rel. Str. Peer Group87.5
Character TTM
Beta1.535
Beta Downside1.552
Hurst Exponent0.470
Drawdowns 3y
Max DD30.90%
CAGR/Max DD1.59
CAGR/Mean DD10.09
EPS (Earnings per Share) EPS (Earnings per Share) of GS over the last years for every Quarter: "2021-03": 18.6, "2021-06": 15.02, "2021-09": 14.93, "2021-12": 10.81, "2022-03": 10.76, "2022-06": 7.73, "2022-09": 8.25, "2022-12": 3.32, "2023-03": 8.79, "2023-06": 3.08, "2023-09": 5.47, "2023-12": 5.48, "2024-03": 11.58, "2024-06": 8.41, "2024-09": 9.02, "2024-12": 10.97, "2025-03": 14.12, "2025-06": 10.91, "2025-09": 12.25, "2025-12": 14.01, "2026-03": 17.55,
EPS CAGR: 45.21%
EPS Trend: 97.7%
Last SUE: 1.38
Qual. Beats: 7
Revenue Revenue of GS over the last years for every Quarter: 2021-03: 19276, 2021-06: 16698, 2021-09: 15161, 2021-12: 13854, 2022-03: 12933, 2022-06: 14981, 2022-09: 18482, 2022-12: 20930, 2023-03: 25381, 2023-06: 26047, 2023-09: 28527, 2023-12: 28463, 2024-03: 32394, 2024-06: 31181, 2024-09: 31524, 2024-12: 32240, 2025-03: 31550, 2025-06: 31268, 2025-09: 32154, 2025-12: 30125, 2026-03: 17227,
Rev. CAGR: 8.56%
Rev. Trend: 68.3%
Last SUE: 0.01
Qual. Beats: 0

Warnings

No concerns identified

Tailwinds

Supp Ema20

Description: GS Goldman Sachs

The Goldman Sachs Group, Inc. is a global financial institution headquartered in New York, operating through three primary segments: Global Banking & Markets, Asset & Wealth Management, and Platform Solutions. The firm provides advisory services for mergers and acquisitions, underwriting for public and private offerings, and institutional client execution across various asset classes including equities, fixed income, and commodities.

As a leading entity in the Investment Banking & Brokerage sub-industry, Goldman Sachs utilizes a capital-intensive business model that relies on market volatility for trading revenue and corporate activity for advisory fees. Unlike traditional commercial banks, investment banks generate a significant portion of their income from non-interest sources such as commissions and performance-based management fees.

The Asset & Wealth Management division manages diverse portfolios across private equity, real estate, and credit funds, while the Platform Solutions segment handles transaction banking and credit card services. For a deeper look into these fundamental drivers, you may find further insights on ValueRay.

Headlines to Watch Out For
  • Investment banking fee recovery hinges on global mergers and acquisitions volume
  • Elevated interest rates impact fixed income and equity market making revenue
  • Asset and wealth management growth offsets volatility in cyclical trading segments
  • Regulatory capital requirements and Basel III compliance pressure return on equity
  • Strategic shift away from consumer banking reduces operational costs and losses
Piotroski VR-10 (Strict) 4.0
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 0.42%; Δ 5.51k% > 0.5%)
Asset Turnover: 5.79% > 50% (prev 7.16%; Δ -1.37% > 0%)
Interest Coverage Ratio: 0.34 > 6 (EBITDA TTM 24.9b / Interest Expense TTM 67.4b)
Altman Z'' -0.88
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: 0.09 (Book Value of Equity 173b / Total Liabilities 1936b)
Altman-Z'' = -0.88 = CCC
Beneish M -2.05
DSRI: 1.31 (Receivables 209b/182b, Revenue 111b/126b)
GMI: 0.75 (GM 55.55% / 41.93%)
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 = -2.05 (Cap -4..+1) = BB
What is the price of GS shares?

As of May 28, 2026, the stock is trading at USD 996.47 with a total of 2,193,580 shares traded.
Over the past week, the price has changed by +7.29%, over one month by +6.25%, over three months by +16.54% and over the past year by +65.19%.

Is GS a buy, sell or hold?

Goldman Sachs has received a consensus analysts rating of 3.52. Therefore, it is recommended to hold GS.

  • StrongBuy: 5
  • Buy: 3
  • Hold: 14
  • Sell: 1
  • StrongSell: 0

What are the forecasts/targets for the GS price?
Analysts Target Price 947.6 -4.9%
Goldman Sachs (GS) - Fundamental Data Overview as of 23 May 2026
Market Cap USD = 292b (292b USD * 1.0 USD.USD)
P/E Trailing = 18.0653
P/E Forward = 16.6945
P/S = 4.7376
P/B = 2.6562
P/EG = 1.5171
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 = 1036b USD (292b + Debt 752b - CCE 7.01b)
Interest Coverage Ratio = 0.34 (Ebit TTM 22.8b / Interest Expense TTM 67.4b)
EV/FCF = -24.71x (Enterprise Value 1036b / FCF TTM -41.9b)
FCF Yield = -4.05% (FCF TTM -41.9b / Enterprise Value 1036b)
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 = 0.50 (Enterprise Value 1036b / Total Assets 2060b)
Interest Expense / Debt = 8.97% (Interest Expense 67.4b / Debt 752b)
Taxrate = 13.20% (856.0m / 6.49b)
NOPAT = 19.8b (EBIT 22.8b * (1 - 13.20%))
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 = 0.96% (NOPAT 19.8b / Invested Capital 2060b)
WACC = 8.79% (E(292b)/V(1043b) * Re(11.38%) + D(752b)/V(1043b) * Rd(8.97%) * (1-Tc(0.13)))
Discount Rate = 11.38% (= 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=13.74 | Chg30d=-4.74% | Revisions=-5% | Analysts=19
EPS next Quarter (2026-09-30): EPS=13.80 | Chg30d=-3.37% | Revisions=-37% | Analysts=18
EPS current Year (2026-12-31): EPS=59.36 | Chg30d=-0.16% | Revisions=+42% | GrowthEPS=+15.7% | GrowthRev=+9.4%
EPS next Year (2027-12-31): EPS=65.40 | Chg30d=+0.20% | Revisions=+17% | GrowthEPS=+10.2% | GrowthRev=+4.8%
[Analyst] Revisions Ratio: +42%