Yahoo · Sep 24, 2026
GS vs. EVR: Which Investment Bank Stock Offers Greater Upside?
Can Goldman's record IB backlog, strong trading and expanding AWM business support further upside compared with Evercore? Let us find out.
NYSE · GS
The Goldman Sachs Group, Inc.
Financial Services · Financial - Capital Markets
$936.36
Down-$15.37 (-1.64%)
Updated Sep 24, 2026, 7:07 PM
SID Score
5.7/10
Composite research score
Smart Money
37/100
Bearish
- Market cap
- 285.84B
- P/E ratio
- 16.92
- Dividend yield
- 1.50%
- 52-week range
- $780.50 – $1,153.99
- Volume
- 2.14M
- Avg. volume
- 1.99M
Price performance
GS price history
1M range · 0 trading sessions · Daily adjusted prices
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Latest GS news
The latest Smart Investors Daily articles mentioning GS.
Stock researchCompany · Overview
GS research
Overview
Company profile and research snapshot.
Company profile
Goldman Sachs is a storied financial institution, founded in 1869 and best known for its role as a leading global investment bank. The firm has a sprawling reach across global financial centers and has been the leading provider of global merger and acquisition advisory services, by revenue, for the past 20 years. Since the global financial crisis, Goldman has expanded its offerings into more stable fee-based businesses like asset and wealth management, which comprised roughly 30% of post-provision revenue at the end of 2024. The bank holding company generates revenue from investment banking, global market making and trading, lending, asset management, wealth management, and a small and declining portfolio of consumer credit card loans.
Visit company websiteAnalyst outlook
Consensus and target data currently published for this company.
- Consensus
- Hold
- Average target
- $776.60
- Implied upside
- —
- Analysts
- 15
| Date | Firm | Rating | Target |
|---|---|---|---|
| Sep 23, 2026 | Citigroup | Neutral | — |
| Aug 3, 2026 | UBS | Neutral | — |
| Jul 21, 2026 | HSBC | Hold | — |
| Jul 17, 2026 | Evercore ISI Group | Outperform | — |
| Jul 17, 2026 | BMO Capital | Market Perform | — |
News briefing
Generated Sep 24, 2026, 5:16 PM
Why Is GS Down Today?
Goldman Sachs shares declined 1.50% today as the market processes mixed signals from analyst activity and strategic initiatives. While the investment bank garnered a Buy upgrade and announced significant strategic moves, a price target reduction from Citigroup appears to be weighing on sentiment amid broader market uncertainty.
Bottom line: Goldman Sachs faces a near-term headwind from Citigroup's price target cut, but the Buy upgrade and strategic acquisitions suggest underlying strength for patient investors. Key catalysts to monitor include Palmer Square integration success, the resolution of tariff uncertainties, and whether rate forecasts prove accurate—factors that could materially impact near-term trading activity and profitability.
SeekingAlpha · Sep 24, 2026
Goldman Sachs Upgraded To Buy After Recent Pullback, Betting On Quality And Durability
Goldman Sachs continues to outperform key benchmarks YTD, driven by resilient dealmaking, global wealth management. Read why GS stock is upgraded to a buy.
Yahoo · Sep 23, 2026
What Is Goldman Sachs Group (GS) Doing With A $400 Million Cybersecurity Bet?
Goldman Sachs Group (NYSE:GS) has agreed to invest US$400 million in cybersecurity firm Cyera in a fresh funding round. The Cyera deal increases Goldman Sachs' exposure to cybersecurity focused assets beyond its traditional investment banking activities. Management is using the Cyera stake to expand the group's presence in technology driven security infrastructure. Goldman Sachs' US$400 million Cyera investment lands alongside wider shifts in its cybersecurity focus that our research tracks...
Yahoo · Sep 23, 2026
Etsy, CarGurus, Cars.com, and EverQuote Shares Are Falling, What You Need To Know
A number of stocks fell in the afternoon session after the adoption of Meta Platforms' new AI agent, Muse, continued to raise Wall Street fears about the disintermediation of direct user gateways.
AI research layers
Interpretive context generated from the platform’s current data sources.
Goldman Sachs Stock Performance
The Goldman Sachs Group, Inc. shares closed at $936.36, reflecting a daily decline of approximately 1.91% per SID market data. The stock has underperformed over intermediate timeframes, posting a one-month loss of 8.64% and a three-month decline of 13.24%, though it retains a modest 6.73% gain over the trailing twelve months. Technically, GS trades well below its 50-day moving average of $1,032.56 and has also slipped beneath its 200-day moving average of $955.49, signaling sustained downward momentum. The 14-day relative strength index registers at 37.1, approaching oversold territory but not yet triggering a classic oversold signal below 30. Average daily volume stands at roughly 1.99 million shares according to Massive/Polygon data. The stock carries a beta of 1.348, indicating meaningfully higher volatility relative to the broader market, which has amplified recent selling pressure across financial services equities.
Goldman Sachs Valuation Analysis
Goldman Sachs currently trades at a price-to-earnings ratio of 16.92, which remains moderate for a large-cap financial services firm, per SID market data. The stock's PEG ratio stands at approximately 2.00, suggesting that the current valuation is elevated relative to projected earnings growth rates. The price-to-book ratio of 2.27 indicates the market assigns a meaningful premium above Goldman's tangible equity base, as reported in SEC filings. Goldman's market capitalization totals approximately $285.8 billion, positioning it among the largest global investment banks by equity value. The company offers a dividend yield of 1.54%, providing a modest income component for shareholders. Within the financial services sector, these metrics reflect a stock that is neither deeply discounted nor excessively priced, though the recent 13.24% three-month decline has compressed valuation multiples from prior peaks. Investors are pricing in slower growth expectations relative to historical earnings expansion.
Smart Money Activity for GS
Goldman Sachs registers a smart money score of 36 out of 100, generating a bearish composite signal according to SID market data. The breakdown reveals a stark divergence across investor categories. Institutional ownership and activity scores a perfect 25 out of 25, indicating strong positioning among major fund managers per 13F institutional filings. However, insider activity scores 0 out of 25, reflecting a notably weak conviction signal from company executives and directors. SEC Form 4 filings show 10 insider transactions over the past 90 days, comprising 4 purchases and 6 sales, resulting in net insider selling. Dark pool activity registers at 9 out of 25, suggesting below-average accumulation in off-exchange venues. Congressional trading interest scores just 1.8 out of 25, indicating minimal legislative activity in the stock. The contrast between robust institutional positioning and weak insider sentiment creates a mixed signal that warrants careful monitoring, particularly given the stock's recent technical deterioration below key moving averages.
Goldman Sachs Earnings Outlook
Goldman Sachs has delivered consecutive earnings surprises in its two most recently reported quarters, according to company earnings reports. In the quarter reported on July 14, 2026, the firm posted earnings of $20.98 per share against a consensus estimate of $14.10, representing a significant upside surprise of $6.88, or approximately 48.8%. The prior quarter reported on April 13, 2026, showed earnings of $17.55 per share versus the $16.37 estimate, yielding a positive surprise of $1.18. Looking ahead, analyst estimates project earnings of $14.25 per share for the quarter expected on January 19, 2026, and $15.92 per share for the quarter anticipated on October 13, 2026. The sequential increase in forward estimates suggests analysts expect improving profitability. Despite these strong earnings results, the stock's recent price weakness indicates the market may be discounting potential headwinds to future revenue generation within Goldman's core trading and advisory businesses.
Wall Street Analyst Ratings for GS
Recent Wall Street analyst activity on Goldman Sachs reflects a predominantly neutral-to-cautious consensus, per SID consensus data. On August 3, 2026, UBS maintained its Neutral rating on the stock, while Citigroup similarly reiterated a Neutral stance on July 16. BMO Capital maintained a Market Perform rating on July 17, reinforcing the consensus holding pattern. The most constructive view comes from Evercore ISI Group, which maintained its Outperform rating on July 17, representing the sole bullish voice among recent coverage updates. Notably, HSBC upgraded its rating from Reduce to Hold on July 21, 2026, marking the only directional change among the five most recent analyst actions per Wall Street analyst reports. The clustering of neutral ratings suggests analysts acknowledge Goldman's strong earnings execution, including the 48.8% upside surprise last quarter, but remain hesitant to adopt bullish positions given the stock's technical deterioration and broader macroeconomic uncertainties facing the financial services sector.
