DailyIQ
Last updated 8 minutes ago

GS·The Goldman Sachs Group, Inc.

$.
+. (+.%)
After Hours
High
$1,047.18
Open
$1,038.34
Market Cap
302.70B
52W High
$1,153.99
Low
$1,030.00
P. Close
$1,039.39
P/E
14.43
52W Low
$705.55
Fwd P/E
14.04
DailyIQ Est.
-
Technical Score (1D)
55
BUY
News Sentiment
77
BULLISH
Goldman Sachs has outperformed its financial‑sector peers year‑to‑date, a result that appears driven by stronger earnings and higher fee income, indicating a resilient fee structure amid broader market volatility. This performance suggests the bank’s diversified client base is delivering consistent revenue streams, which should support earnings momentum over the next 1–10 trading days. In the past 24 hours, GS was named the top M&A adviser in South & Central America for H1 2026, having facilitated $10.4 bn in transactions, a ranking that signals a growing foothold in emerging markets. The recognition underscores a competitive advantage that could translate into higher advisory fees and a boost to the bank’s revenue mix. The combination of robust fee income and expanding deal flow positions GS to sustain earnings growth in the near term. Traders should watch the upcoming earnings release for confirmation of fee growth and any guidance on regional deal activity. Additionally, monitoring regulatory developments that could affect fee structures or cross‑border transactions will be key. Any shift in the bank’s advisory fee rates or a slowdown in emerging‑market deal volume could temper the current upside. Therefore, keep an eye on the next earnings call and any announcements from regulatory bodies overseeing cross‑border M&A activity.
Earnings Summary
Goldman Sachs Group, Inc. is a global financial powerhouse offering a diversified suite of services across global banking, asset and wealth management, and platform solutions, positioning it as a key partner for corporations, governments, and individuals in the capital markets sector. In its most recent earnings, Goldman Sachs reported revenue of $13.869 billion in Q4 2024, $15.062 billion in Q1 2025, $14.583 billion in Q2 2025, $15.184 billion in Q3 2025, $13.454 billion in Q4 2025, $17.227 billion in Q1 2026, and $20.338 billion in Q2 2026, reflecting a strong upward trajectory with a 12 % jump from Q4 2025 to Q1 2026 and a 20 % increase from Q1 2026 to Q2 2026; EPS moved from an 11.95 beat in Q4 2024 to a 14.12 beat in Q1 2025, a 10.91 beat in Q2 2025, a 12.25 beat in Q3 2025, a 14.01 beat in Q4 2025, a 17.55 beat in Q1 2026, and a 20.98 beat in Q2 2026, indicating a consistent pattern of earnings outperformance relative to estimates. Historically, Goldman Sachs has delivered robust revenue growth and EPS beats across multiple quarters, with the most recent guidance revisions reflecting confidence in its trading desks and capital‑markets exposure; the company’s revenue has risen year‑over‑year in each quarter, and it has consistently exceeded analyst expectations in both top‑line and bottom‑line metrics. Recent news highlights robust equity trading, M&A activity, and high‑profile IPOs that have propelled the firm’s shares, as well as a 78 % year‑over‑year jump in Q2 earnings driven by gains in trading desks and capital‑markets exposure; the bank’s guidance has been raised, and analysts have lifted price targets, underscoring the firm’s strong earnings trajectory while noting potential regulatory and macro‑economic risks. Investors should watch for updates on loan‑portfolio performance, fee‑income growth, and regulatory developments from the Federal Reserve or SEC, as these factors will be key to assessing whether the current rally can sustain and whether the bank can continue to deliver strong earnings growth in the coming quarters.

EPS

EstBeatMiss
$7.96$11.64$15.32$19.00$22.68Q2'25Q3'25Q4'25Q1'26Q2'26Q3'26
QtrEstActual+/−
Q3'26$16.41 - -
Q2'26$14.50$20.98+44.7%
Q1'26$13.76$17.55+27.5%
Q4'25$12.00$14.01+16.8%
Q3'25$11.09$12.25+10.5%
Q2'25$9.66$10.91+12.9%

Revenue

EstBeatMiss
$12.4B$14.7B$16.9B$19.1B$21.4BQ2'25Q3'25Q4'25Q1'26Q2'26Q3'26
QtrEstActual+/−
Q3'26$17.9B - -
Q2'26$16.4B$20.3B+23.8%
Q1'26$15.8B$17.2B+9.3%
Q4'25$14.2B$13.5B-5.3%
Q3'25 - $15.2B -
Q2'25 - $14.6B -

Market Data

GS Stock Snapshot

GS is currently trading at $1040.04, giving The Goldman Sachs Group, Inc. a market cap of 302.70B and a P/E ratio of 14.4. Today's range spans $1030.00–$1047.18, with shares opening at $1038.34 and moving up $0.65 (0.1%) from the prior close. DailyIQ's technical score sits at 55/100 (HOLD) with a news sentiment reading of 77/100.

Over the past year GS has traded between $705.55 and $1153.99 - the current price is +47.4% off the 52-week low and -9.9% from the high.

GS trades at $1040.04 (in the upper portion of its 52-week range within $705.55–$1153.99) - and the HOLD signal (55/100) reflects a market that's fairly priced relative to near-term expectations rather than one that's mispriced in either direction. (P/E: 14.4) At 302.70B in Financial Services market cap, bullish sentiment (77/100) confirms the lack of near-term narrative catalyst. The thesis is intact; the timing is patient.

In neutral phases, large-cap Financial Services names like GS are often where sector rotation debates play out quietly — at 302.70B in capitalization, the stock receives incremental allocation from funds reducing mega-cap exposure without the volatility of a small-cap entry. The 55/100 (HOLD) and bullish sentiment (77/100) at $1040.04 (in the upper portion of its 52-week range) describe a stock that is being considered rather than avoided.

Last updated: August 8, 2026

Company Insights: The Goldman Sachs Group, Inc. (GS)

The Goldman Sachs Group, Inc. (GS) is a prominent global financial institution operating across capital markets, asset management, and transaction banking. Its diversified business model spans Global Banking & Markets, Asset & Wealth Management, and Platform Solutions, catering to a wide array of corporate, governmental, and individual clients. The firm's strategic positioning leverages its extensive international network to offer sophisticated financial guidance and facilitate access to global markets. This broad service offering underscores its role as a key partner for complex financial needs and investment strategies.

Goldman Sachs's financial performance exhibits a dynamic profile, with recent quarters showing mixed revenue trends alongside consistent EPS growth. The company has demonstrated an ability to exceed analyst earnings expectations in a majority of the last five quarters, indicating operational resilience and effective cost management. While revenue has experienced some quarter-over-quarter fluctuations, the upward trajectory in Earnings Per Share suggests underlying profitability improvements. Investors closely monitor these earnings trends for insights into the firm's ability to generate shareholder value in varying market conditions.

The firm's operational landscape is influenced by significant external factors, including evolving inflation forecasts and the integration of artificial intelligence into its workflows. Recent developments, such as the departure of its General Counsel, introduce potential governance and regulatory scrutiny, necessitating careful risk management. Navigating these challenges while capitalizing on technological advancements will be crucial for maintaining its competitive edge. The firm's strategic responses to these dynamics will shape its future performance and market perception.

Diversified Business

Global Banking & Markets provides advisory, underwriting, and financing for corporations and governments.

Asset & Wealth Management offers diverse investment strategies and wealth advisory services to institutional and high-net-worth clients.

Platform Solutions expands reach through credit cards and transaction banking, enhancing client engagement.

Earnings Momentum

EPS has shown a consistent upward trend, increasing from $10.91 to $14.01 over the last three reported quarters.

The company has exceeded earnings estimates in 4 of the last 5 quarters, demonstrating robust performance.

Revenue growth has been inconsistent, but strategic execution in core segments supports profitability.

Market Position

Operates as a leading global financial institution within the Capital Markets industry.

Leverages an extensive international network to provide sophisticated financial solutions.

Serves a broad clientele, including corporations, governments, and individuals, reinforcing its market influence.

Risk Factors

Recent regulatory and reputational risks have emerged following the resignation of its General Counsel.

The firm's revised inflation forecast may impact market sentiment and influence trading strategies.

Navigating the integration of AI and evolving governance standards presents ongoing challenges.

Positioning GS

Investors considering Goldman Sachs should monitor its ability to navigate regulatory headwinds and capitalize on market opportunities. Adding to positions may be warranted if the firm demonstrates effective risk management and sustained earnings beats amidst market volatility. Conversely, a reduction in exposure could be prudent if governance concerns escalate or if revenue performance falters significantly against peer institutions.

What Moves GS Stock?

Goldman Sachs' stock performance is primarily driven by the health of its Global Banking & Markets division and the broader capital markets environment. Fluctuations in advisory fees, underwriting volumes, and trading revenues directly impact the firm's profitability.

Capital Markets Activity

The firm's Global Banking & Markets segment generates significant revenue from advisory services, equity and debt underwriting, and trading activities. Deal volumes and market volatility are key determinants of success in this area.

A robust M&A and IPO market typically boosts Goldman Sachs' advisory and underwriting fees, leading to higher revenues and earnings. Conversely, market downturns or reduced deal activity can pressure top-line growth and impact share price.

Asset & Wealth Management

Goldman Sachs' Asset & Wealth Management division benefits from strong inflows into its investment products and the overall performance of managed assets. Fee-based revenues are a stable component of its business model.

Growth in assets under management (AUM) and positive investment performance translate into higher management and performance fees, contributing to predictable revenue streams. Any significant outflows or underperformance can negatively affect this segment's contribution to the bottom line.

Regulatory Environment

As a major financial institution, Goldman Sachs is subject to stringent regulatory oversight, which can influence its operational capacity and risk appetite. Recent events, such as the departure of its General Counsel, highlight governance and compliance scrutiny.

Adverse regulatory developments or compliance issues can lead to fines, restrictions, or reputational damage, potentially impacting investor confidence and stock valuation. Proactive risk management and adherence to evolving regulations are crucial for maintaining stability.

Key insight: Goldman Sachs' stock is a barometer for global investment banking activity and asset management trends. Investors should monitor deal pipelines and AUM growth, alongside regulatory developments, as primary drivers of its valuation.

Analyst Price Targets for GS

The current spread of analyst price targets and ratings for The Goldman Sachs Group, Inc. (GS).

Consensus Target
$950.5
High Target
$1125.0
Low Target
$700.0
Buy / Hold / Sell
15 / 16 / 1

Reflects the most recently tracked analyst ratings for GS and may lag real-time updates. Not a recommendation to buy or sell.

GS Competitive Positioning

The Goldman Sachs Group, Inc. (GS) is tracked alongside these names in Capital Markets on DailyIQ.

  • ACGL — Arch Capital Group Ltd.

  • AFL — Aflac Incorporated

  • AIG — American International Group, Inc.

  • AIZ — Assurant, Inc.

  • AJG — Arthur J. Gallagher & Co.

Key Metrics for GS

Goldman Sachs' performance hinges on its ability to generate fees from investment banking and asset management, alongside trading profits. Investors should monitor these key metrics to gauge the firm's operational health and market positioning.

Net Revenues: Total income generated from all business activities. Strong revenue growth indicates GS's ability to capture market share and execute deals; declining revenues suggest market headwinds or competitive pressures. This is crucial for overall profitability and shareholder returns.

Investment Banking Fees: Fees earned from advisory, underwriting, and financing services. An upward trend signifies robust deal-making activity and GS's advisory strength; a decline points to a slower M&A and IPO market. This segment is a key driver of GS's high-margin business.

Asset Management Fees: Income from managing client assets and performance fees. Growth here reflects successful fundraising and strong investment performance; stagnation or decline suggests challenges in attracting or retaining assets. This provides a more stable, recurring revenue stream for GS.

Trading Revenues: Profits from the firm's trading desks in equities and fixed income. Higher revenues indicate successful navigation of volatile markets; lower revenues may signal reduced market-making activity or trading losses. This segment can be lumpy but is a significant contributor to GS's earnings.

Return on Equity (ROE): Net income as a percentage of shareholder equity. A rising ROE demonstrates GS's efficiency in generating profits from its capital; a falling ROE suggests less effective capital deployment. This is a core measure of profitability and shareholder value creation.

Risk Factors

Goldman Sachs faces risks tied to its complex financial operations, regulatory scrutiny, and the broader economic climate. Investors should monitor these factors as they can significantly impact the firm's profitability and market standing.

  • Regulatory Scrutiny

    As a major financial institution, Goldman Sachs is subject to extensive regulation. Changes in regulatory frameworks or enforcement actions could lead to increased compliance costs, fines, or restrictions on business activities. The recent departure of its General Counsel due to past associations highlights ongoing reputational and governance risks that could attract further regulatory attention.

  • Market Volatility

    The firm's performance is heavily influenced by the volatility of global financial markets. Significant downturns or unpredictable swings in asset prices can negatively impact trading revenues, investment banking fees, and asset management performance. This risk materializes during periods of economic uncertainty or geopolitical instability.

  • Reputational Risk

    Goldman Sachs' reputation is a critical asset, and any damage can affect client trust and business opportunities. The association of former executives with controversial figures, as seen with the General Counsel's situation, can lead to public backlash and scrutiny. Such events could deter clients and partners, impacting revenue streams.

  • Economic Sensitivity

    The firm's diverse business lines, including investment banking and asset management, are sensitive to macroeconomic conditions. A slowdown in economic growth, rising inflation, or changes in interest rates can reduce deal-making activity and investor appetite for risk. This directly impacts the firm's revenue generation capabilities.

  • Talent Retention

    Attracting and retaining top talent is crucial for a knowledge-based financial services firm like Goldman Sachs. Intense competition for skilled professionals, particularly in areas like technology and quantitative analysis, could lead to higher compensation costs or a loss of key personnel. This risk is heightened during periods of rapid industry change or economic expansion.

GS Recent Earnings History

  • Q4 2025

    EPS: $14.01 actual vs $12.0 estimate (beat) · Revenue: $13,454M actual vs $14,205M estimate

  • Q3 2025

    EPS: $12.25 actual vs $11.09 estimate (beat) · Revenue: $15,184M actual

  • Q2 2025

    EPS: $10.91 actual vs $9.66 estimate (beat) · Revenue: $14,583M actual

  • Q1 2025

    EPS: $14.12 actual vs $12.26 estimate (beat) · Revenue: $15,062M actual

  • Q4 2024

    EPS: $11.95 actual vs $8.35 estimate (beat) · Revenue: $13,869M actual

Frequently Asked Questions About GS

Is The Goldman Sachs Group, Inc. (GS) stock a good investment?

The investment thesis for Goldman Sachs (GS) often centers on its position as a leading global financial institution. Its diversified business model across investment banking, asset management, and trading provides multiple avenues for growth. Investors might consider the firm's ability to navigate complex market environments and capitalize on global economic trends.

What drives The Goldman Sachs Group, Inc. (GS) stock price?

Goldman Sachs' stock price is influenced by several factors, including the overall health of the global economy, interest rate environments, and trading volumes. Performance in its Global Banking & Markets segment, particularly advisory and underwriting fees, along with asset management inflows and performance, are key drivers. Regulatory changes and geopolitical events can also significantly impact its valuation.

Does The Goldman Sachs Group, Inc. (GS) pay a dividend?

Yes, The Goldman Sachs Group, Inc. (GS) typically pays a quarterly dividend. The company has a history of returning capital to shareholders through dividends and share repurchases. Investors should review the latest dividend announcements and the company's capital allocation strategy for current details.

What are the risks of investing in The Goldman Sachs Group, Inc. (GS)?

Investing in Goldman Sachs (GS) carries risks inherent to the financial services industry. These include market volatility, potential regulatory scrutiny, and credit risk within its lending and trading operations. Economic downturns can affect deal-making and asset values, impacting the firm's profitability. Recent news also highlights potential reputational risks.

How is The Goldman Sachs Group, Inc. (GS) valued?

Valuation for Goldman Sachs (GS) often involves looking at metrics like price-to-earnings (P/E) ratio, price-to-book (P/B) value, and dividend yield, comparing them to historical averages and peers. Its performance in capital markets and asset management, as well as its return on equity, are critical factors influencing how the market values the company.

What is Goldman Sachs' (GS) strategy in asset and wealth management?

Goldman Sachs aims to grow its Asset & Wealth Management division by attracting significant client inflows and generating strong investment performance across various asset classes. The firm focuses on providing sophisticated investment solutions to both institutional and high-net-worth clients, leveraging its global reach and expertise to expand its assets under supervision.

How might AI integration impact Goldman Sachs (GS)?

The integration of Artificial Intelligence (AI) could enhance efficiency and decision-making across Goldman Sachs' operations, from trading algorithms to client advisory services. While AI offers potential benefits, it also presents challenges related to implementation, data security, and the need for skilled personnel. Investors are watching how GS adapts and leverages AI to maintain its competitive edge.

What is the outlook for Goldman Sachs' (GS) Global Banking & Markets segment?

The outlook for Goldman Sachs' Global Banking & Markets segment is tied to the activity levels in capital markets and M&A advisory. Periods of economic uncertainty can temper deal flow, while robust market conditions tend to boost underwriting and advisory revenues. The firm's ability to secure mandates and execute complex transactions is crucial for this segment's performance.

How does inflation impact The Goldman Sachs Group, Inc. (GS)?

Inflation can have a mixed impact on Goldman Sachs (GS). Higher inflation can sometimes lead to increased interest rates, which may benefit certain trading and lending activities. However, persistent inflation can also dampen economic growth, reduce investor appetite for risk, and potentially slow down capital markets activity, affecting advisory and underwriting fees.

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