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The Goldman Sachs Group, Inc.NYSE:GS Stock Report

Market Cap US$318.5b
Share Price
US$1.04k
US$934.19
11.2% overvalued intrinsic discount
1Y69.3%
7D-0.9%
1D
Portfolio Value
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The Goldman Sachs Group, Inc.

NYSE:GS Stock Report

Market Cap: US$318.5b

Goldman Sachs Group (GS) Stock Overview

A financial institution, provides a range of financial services for corporations, financial institutions, governments, and individuals in the Americas, Europe, the Middle East, Africa, and Asia. More details

GS fundamental analysis
Snowflake Score
Valuation3/6
Future Growth1/6
Past Performance3/6
Financial Health3/6
Dividends4/6

GS Community Fair Values

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The Goldman Sachs Group, Inc. Competitors

Price History & Performance

Summary of share price highs, lows and changes for Goldman Sachs Group
Historical stock prices
Current Share PriceUS$1,038.68
52 Week HighUS$1,098.36
52 Week LowUS$609.31
Beta1.29
1 Month Change10.91%
3 Month Change24.57%
1 Year Change69.30%
3 Year Change205.95%
5 Year Change178.53%
Change since IPO1,375.92%

Recent News & Updates

Narrative Update Jun 04

GS: Future Returns Will Reflect AI IPO Mandates And Legal Risk Balancing

Analysts have lifted their price target for Goldman Sachs Group from $900 to $1,050, citing updated assumptions for the discount rate, revenue growth, profit margins and future P/E, which collectively support a higher fair value estimate. What's in the News Goldman Sachs is working with OpenAI and Morgan Stanley on a potential late 2026 IPO that analysts estimate could raise around US$60b and value OpenAI at up to US$1t, highlighting Goldman's role in high profile technology deals.
Seeking Alpha May 27

Goldman Sachs Becomes Top Underwriter For SpaceX IPO, Posts Historically Strong Quarter

Summary SpaceX has selected Goldman Sachs as lead underwriter for its upcoming IPO, signaling a landmark event for Wall Street. Current private valuations for SpaceX are circulating at $1.25 trillion, positioning the IPO as potentially the largest in history. Goldman Sachs' involvement underscores institutional confidence in SpaceX's capital markets appeal and scale. Anticipation is high that this offering will be truly earth-shattering, given the scale and media attention. Read the full article on Seeking Alpha

Recent updates

Narrative Update Jun 04

GS: Future Returns Will Reflect AI IPO Mandates And Legal Risk Balancing

Analysts have lifted their price target for Goldman Sachs Group from $900 to $1,050, citing updated assumptions for the discount rate, revenue growth, profit margins and future P/E, which collectively support a higher fair value estimate. What's in the News Goldman Sachs is working with OpenAI and Morgan Stanley on a potential late 2026 IPO that analysts estimate could raise around US$60b and value OpenAI at up to US$1t, highlighting Goldman's role in high profile technology deals.
Seeking Alpha May 27

Goldman Sachs Becomes Top Underwriter For SpaceX IPO, Posts Historically Strong Quarter

Summary SpaceX has selected Goldman Sachs as lead underwriter for its upcoming IPO, signaling a landmark event for Wall Street. Current private valuations for SpaceX are circulating at $1.25 trillion, positioning the IPO as potentially the largest in history. Goldman Sachs' involvement underscores institutional confidence in SpaceX's capital markets appeal and scale. Anticipation is high that this offering will be truly earth-shattering, given the scale and media attention. Read the full article on Seeking Alpha
Narrative Update May 07

GS: Future Buybacks And AI Push Will Sustain An Overstretched Earnings Multiple

Analysts have modestly raised their fair value estimate for Goldman Sachs Group to $743.84 from $726.27, citing updated assumptions for discount rate, revenue growth, profit margin and future P/E that refine, rather than overhaul, their longer term outlook for the stock. What's in the News Anthropic, Blackstone, Hellman & Friedman and Goldman Sachs formed a new AI focused enterprise services firm that will work with companies to integrate the Claude model into core operations, backed by a consortium of large alternative asset managers with access to hundreds of portfolio companies (Key Developments).
Narrative Update Apr 21

GS: Buybacks And Enforcement Resolution Will Support Measured Long Term Upside Potential

Analysts have nudged their price target for Goldman Sachs Group slightly lower to about $934 from around $945, citing updated assumptions for growth, margins and future P/E that point to a more conservative fair value and discount rate profile. What's in the News From January 1, 2026 to March 31, 2026, Goldman Sachs Group repurchased 5,400,000 shares, about 1.75% of its shares, for US$5,000m under its ongoing buyback program.
Narrative Update Apr 07

GS: Buybacks And Dividend Stability Will Support Measured Long Term Upside Potential

Analysts have trimmed their price target on Goldman Sachs Group slightly, with updated assumptions around fair value of $945.45, discount rate, revenue growth, profit margin, and a future P/E of 16.81 helping explain the step down from $959.75. What's in the News Golar LNG Limited has started a formal review of strategic alternatives and appointed Goldman Sachs International as its financial advisor for the process, with the bank acting exclusively for Golar in this role (Key Developments).
Narrative Update Mar 24

GS: Buybacks And Rising Dividend Stream Will Drive Future Upside Potential

Analysts have nudged their price target on Goldman Sachs Group slightly higher to $959.75 from $959.20, citing small adjustments to fair value, discount rate, revenue growth, profit margin, and future P/E assumptions. What's in the News Goldman Sachs & Co. LLC has been added as Co Lead Underwriter for a US$17.096 million fixed income offering by The Goldman Sachs Group, Inc.
Narrative Update Mar 09

GS: Buybacks And Rich Dividend Stream Will Drive Future Upside Potential

Analysts have nudged their price target for Goldman Sachs Group higher to $959.20. The revision reflects updated assumptions that include a lower discount rate and a slightly reduced future P/E multiple, while revenue growth and profit margin expectations remain unchanged.
Narrative Update Feb 23

GS: Buybacks And Dividend Policy Will Shape Future Share Price Balance

Analysts have raised their price target for Goldman Sachs Group from $930.80 to $959.20, citing updated assumptions around revenue growth, profit margins, and future P/E estimates. What's in the News Goldman Sachs Group, Inc.
Analysis Article Feb 10

Goldman Sachs Group (NYSE:GS) Will Pay A Larger Dividend Than Last Year At $4.50

The Goldman Sachs Group, Inc. ( NYSE:GS ) will increase its dividend from last year's comparable payment on the 30th of...
Narrative Update Feb 09

GS: Future Dividend Commitments Will Expose An Overstretched Earnings Multiple

Analysts have raised their price target for Goldman Sachs Group to US$726.27 from US$650.12, citing updated assumptions around the discount rate, revenue growth, profit margin, and future P/E expectations. What's in the News The Goldman Sachs Group, Inc.
Narrative Update Jan 26

GS: Buybacks And Japan Deal Talks Will Balance Share Price Concerns

Analysts have raised their price target on Goldman Sachs Group to about US$931 from roughly US$813, pointing to updated assumptions for slightly higher revenue growth, a modestly stronger profit margin, and a marginally lower future P/E multiple. What's in the News Goldman Sachs updated investors on its share repurchase activity, completing the buyback of 11,696,675 shares, representing 3.68% of shares, for a total of US$7,999.81m under the program announced on April 14, 2025 (company filing).
Analysis Article Jan 19

Goldman Sachs Group's (NYSE:GS) Dividend Will Be Increased To $4.50

The Goldman Sachs Group, Inc.'s ( NYSE:GS ) dividend will be increasing from last year's payment of the same period to...
Narrative Update Jan 11

GS: Future Dealmaking And Buybacks Will Mask Overstretched Earnings Multiple

Analysts have raised their price target on Goldman Sachs Group from about US$500 to roughly US$650, citing updated assumptions that include a higher fair value estimate, a revised discount rate, and adjusted expectations for revenue growth, profit margins, and future P/E. What's in the News Goldman Sachs has secured exclusive rights to negotiate the purchase of Restaurant Brands International’s Burger King operations in Japan, in a potential transaction valued at around ¥70 billion (US$452 million), with negotiating rights granted by Affinity Equity Partners (Nikkei Asia).
Narrative Update Dec 27

GS: Future Deal Ambitions Will Mask Rising Concern Over Share Price Sustainability

Analysts have nudged their price target for Goldman Sachs Group higher to approximately 813 dollars from about 803 dollars. The change reflects slightly stronger long term revenue growth expectations, a modestly higher future earnings multiple, and a largely unchanged discount rate and profit margin outlook.
Narrative Update Dec 13

GS: Future Returns Will Reflect Improved Profitability And Balanced Expansion Plans

Analysts have raised their price target for Goldman Sachs Group from $815 to $900 per share, reflecting expectations for slightly slower revenue growth, improved long term profitability, and a higher justified valuation multiple. What's in the News Secured exclusive rights to negotiate the purchase of Restaurant Brands International’s Burger King operations in Japan in a potential deal valued at around ¥70 billion ($452 million), signaling a push into franchise backed food assets in Asia (Nikkei Asia) Repurchased 2,783,143 shares for roughly $2.0 billion in the quarter ended September 30, 2025, completing a $5.0 billion buyback totaling 8,096,675 shares, or about 2.53% of shares outstanding, under the April 14, 2025 authorization Goldman Sachs Asset Management is in late stage talks to acquire a controlling stake in Excel Sports Management at a valuation of about $1 billion, expanding its exposure to sports and entertainment related assets (Financial Times, via Reuters) Goldman Sachs & Co. LLC and InspereX LLC have been added as co lead underwriters on multiple fixed income offerings totaling roughly $29 million, underscoring the firm’s continued role in debt capital markets Valuation Changes Fair Value Estimate: increased from $815 to $900 per share, reflecting a modestly higher intrinsic valuation.
Narrative Update Nov 29

GS: Future Acquisitions And Expansions Will Balance Stability And Cautious Optimism

Analysts have revised their price target for Goldman Sachs Group upward, reflecting an increase to $802.53 per share. They cite stable profit margins and a modest upward adjustment to projected future earnings multiples as key factors in the update.
Narrative Update Nov 14

GS: Future Acquisitions And Partnerships Will Balance Risks And Opportunities

Analysts have slightly increased their price target for Goldman Sachs Group, raising the fair value estimate from $801.58 to $802.53. This update cites incremental improvements in revenue growth and profit margins, despite a higher discount rate.
Narrative Update Oct 31

GS: Future Deal Activity And Expanded Partnerships Will Influence Performance

Narrative Update: Goldman Sachs Group Analyst Price Target Raised Analysts have increased their price target for Goldman Sachs Group from $781.79 to $801.58, citing marginal improvements in profit margin and forward price-to-earnings estimates as key factors behind the adjustment. What's in the News Goldman Sachs is in late-stage discussions to acquire a majority stake in Excel Sports Management, a talent agency representing clients such as Tiger Woods and Caitlin Clark.
Narrative Update Oct 17

M&A Activity And Digital Transformation Will Shape Future Markets

Analysts have raised their price target for Goldman Sachs Group from $738.25 to $781.79. They cite an improved profit margin outlook, even though revenue growth projections have been slightly moderated.
Analysis Article Oct 16

The Goldman Sachs Group, Inc. Just Recorded A 10% EPS Beat: Here's What Analysts Are Forecasting Next

The Goldman Sachs Group, Inc. ( NYSE:GS ) just released its third-quarter report and things are looking bullish. It was...
Narrative Update Oct 03

M&A Activity And Digital Transformation Will Shape Future Markets

Analysts have raised their price target for Goldman Sachs Group from $710.58 to $738.25. This reflects improved outlooks for revenue growth and profit margins.
Analysis Article Aug 19

Goldman Sachs Group's (NYSE:GS) Shareholders Will Receive A Bigger Dividend Than Last Year

The Goldman Sachs Group, Inc.'s ( NYSE:GS ) dividend will be increasing from last year's payment of the same period to...
Analysis Article Aug 05

Goldman Sachs Group (NYSE:GS) Will Pay A Larger Dividend Than Last Year At $4.00

The Goldman Sachs Group, Inc. ( NYSE:GS ) will increase its dividend from last year's comparable payment on the 29th of...
Analysis Article Jul 21

Goldman Sachs Group's (NYSE:GS) Shareholders Will Receive A Bigger Dividend Than Last Year

The Goldman Sachs Group, Inc. ( NYSE:GS ) has announced that it will be increasing its dividend from last year's...
Seeking Alpha Apr 15

Why Goldman Sachs Stock Is Flat Despite Solid Early Trends In Earnings Growth

Summary Goldman Sachs' Q1 earnings show a 36% increase in net earnings despite modest revenue growth and higher operating expenses, indicating strong financial performance. CEO Solomon warns of a challenging Q2 due to a changing operating environment and potential recession impacts from the ongoing tariff war. The bank's revenue is now heavily reliant on market-facing segments, with deal-making shrinking significantly, and increasing risks overall from U.S.-China trade tensions. Despite uncertainties, Goldman Sachs' stock rose nearly 2%, and its $3 quarterly dividend supports portfolio diversification amid economic volatility. Read the full article on Seeking Alpha
Seeking Alpha Mar 05

Goldman Sachs: The Biggest Dow Industrials Stock Is In Trouble

Summary Goldman Sachs is a market leader, and the biggest component of the Dow Jones Industrial Average. But that doesn't offset the negatives, mostly of high long-term valuation and a weak technical picture. I rate Goldman Sachs stock a sell. Read the full article on Seeking Alpha

Shareholder Returns

GSUS Capital MarketsUS Market
7D-0.9%-2.0%-2.5%
1Y69.3%7.9%22.7%

Return vs Industry: GS exceeded the US Capital Markets industry which returned 7.9% over the past year.

Return vs Market: GS exceeded the US Market which returned 22.7% over the past year.

Price Volatility

Is GS's price volatile compared to industry and market?
GS volatility
GS Average Weekly Movement4.5%
Capital Markets Industry Average Movement3.6%
Market Average Movement7.2%
10% most volatile stocks in US Market16.6%
10% least volatile stocks in US Market3.1%

Stable Share Price: GS has not had significant price volatility in the past 3 months compared to the US market.

Volatility Over Time: GS's weekly volatility (4%) has been stable over the past year.

About the Company

FoundedEmployeesCEOWebsite
186947,000David Solomonwww.goldmansachs.com

The Goldman Sachs Group, Inc., a financial institution, provides a range of financial services for corporations, financial institutions, governments, and individuals in the Americas, Europe, the Middle East, Africa, and Asia. It operates through three segments: Global Banking & Markets, Asset & Wealth Management, and Platform Solutions. The Global Banking & Markets segment provides financial advisory services, including strategic advisory assignments related to mergers and acquisitions, divestitures, corporate defense activities, restructurings, and spin-offs; equity and debt underwriting of public offerings and private placements; relationship lending and acquisition financing; secured lending through structured credit and asset-backed lending, such as warehouse, residential and commercial mortgage, corporate, consumer, auto, and student loans; financing through securities purchased under agreements to resell; and commodity financing through structured transactions.

The Goldman Sachs Group, Inc. Fundamentals Summary

How do Goldman Sachs Group's earnings and revenue compare to its market cap?
GS fundamental statistics
Market capUS$318.46b
Earnings (TTM)US$17.07b
Revenue (TTM)US$61.53b
18.7x
P/E Ratio
5.2x
P/S Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
GS income statement (TTM)
RevenueUS$61.53b
Cost of RevenueUS$10.91b
Gross ProfitUS$50.62b
Other ExpensesUS$33.56b
EarningsUS$17.07b

Last Reported Earnings

Mar 31, 2026

Next Earnings Date

Jul 14, 2026

Earnings per share (EPS)55.66
Gross Margin82.27%
Net Profit Margin27.73%
Debt/Equity Ratio676.9%

How did GS perform over the long term?

See historical performance and comparison

Dividends

1.7%
Current Dividend Yield
28%
Payout Ratio

Does GS pay a reliable dividends?

See GS dividend history and benchmarks
When do you need to buy GS by to receive an upcoming dividend?
Goldman Sachs Group dividend dates
Ex Dividend DateJun 01 2026
Dividend Pay DateJun 29 2026
Days until Ex dividend8 days
Days until Dividend pay date20 days

Does GS pay a reliable dividends?

See GS dividend history and benchmarks

Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2026/06/08 17:45
End of Day Share Price 2026/06/05 00:00
Earnings2026/03/31
Annual Earnings2025/12/31

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
Ownership10 years
  • Top shareholders
  • Insider trading
Management10 years
  • Leadership team
  • Board of directors
Key Developments10 years
  • Company announcements

* Example for US securities, for non-US equivalent regulatory forms and sources are used.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more.

Analysis Model and Snowflake

Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.

Learn about the world class team who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on Github.

Analyst Sources

The Goldman Sachs Group, Inc. is covered by 42 analysts. 19 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
Stephen BiggarArgus Research Company
Jason GoldbergBarclays
Eoin MullanyBerenberg