The Goldman Sachs Group, Inc. (GS) AI Stock Analysis

The Goldman Sachs Group, Inc. provides financial services across four key segments: Investment Banking, Global Markets, Asset Management, and Consumer & Wealth Management. Its Investment Banking segment provides advisory services for mergers and acquisitions, restructurings, and capital market transactions, along with debt and equity underwriting. Global Markets handles client execution across equities, fixed income, commodities, and currencies, as well as clearing and custody services. Asset Management offers investment advisory services and invests in private equity, real estate, and infrastructure. Founded in 1869, the New York-based firm serves corporations, financial entities, governments, and individuals worldwide.

Between FY2021 and FY2024, annual revenue expanded from $64.99B to $126.85B before declining 1.4% to $125.10B in FY2025, reflecting a 5-year revenue CAGR of 18.5%. Net income reached $17.18B in FY2025, up from $14.28B in FY2024 and $8.52B in FY2023, while operating margin rose to 17.5%. Over the trailing twelve months ended September 30, 2026, Goldman Sachs produced $71.04B in revenue with an operating margin of 38.2% and net margin of 31.2%, generating EPS of $69.55. In the latest quarter, revenue grew 23.3% year-over-year and quarterly earnings rose 38.8%.

As of September 30, 2026, Goldman Sachs held total assets of $2.18T and cash and short-term investments of $177.0M against total debt of $839.00B, resulting in net debt of $838.82B and a debt-to-equity ratio of 6.71. Shareholders' equity stood at $125.00B and the current ratio was 1.92. In FY2025, operating cash flow was -$45.15B and free cash flow was -$47.22B. Capital allocation that year included $2.06B in capital expenditures, $12.36B in share buybacks, and $5.28B in dividends paid, contributing to a 14.5% share count reduction over 5 years.

Goldman Sachs carries a market capitalization of $256.60B and an enterprise value of $105.72B. The stock trades at a trailing P/E of 12.7x, below the 14.2x median of its S&P 500 Financial Services peers. Its forward P/E of 12.8x is slightly above the peer median of 12.2x, while its price-to-sales multiple is 3.6x compared to the peer median of 3.1x. Over the past year, the stock gained 18.5%, beating the S&P 500 return of 16.8%. Over 5 years, the stock returned 145.0% compared to 83.0% for the benchmark.

Goldman Sachs pays an annual forward dividend of $20.00 per share, distributed quarterly, yielding 2.27% based on its last close. The payout ratio stands at 22.0%. The company has paid consecutive dividends for 28 years and achieved an annualized 5-year dividend growth rate of 22.9%. Its last ex-dividend date was December 2, 2026.

Wall Street coverage consists of 7 Strong Buy, 1 Buy, 16 Hold, 1 Sell, and 1 Strong Sell recommendations. The consensus mean price target of $1037.90 sits 17.8% above the last closing price of $881.26. For the fiscal year ending December 31, 2026, analysts estimate revenue of $72.68B and EPS of $71.09, which implies 38.5% EPS growth. Across 24 analysts, FY2027 estimates project revenue of $73.81B and EPS of $73.85. Goldman Sachs has beaten EPS estimates in each of the last 4 quarters.

This page is an AI-written research summary of The Goldman Sachs Group, Inc. (GS). The text was generated on October 30, 2026 from Quotelinks data as of October 16, 2026 (company profile, annual results, latest balance sheet, valuation, price performance and analyst estimates). An automatic check rejects any draft that contains a figure not found in that data. It is not investment advice; verify figures on the linked tabs before making decisions.

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