The Goldman Sachs Group, Inc. (GS) Stock Price & Analysis
The Goldman Sachs Group, Inc. (GS) closed at USD 891.3 on Thursday, October 22, 2026, down 1.48% on the day. The US market is currently closed (pre-market); this is not a live price.
The prior close was USD 904.72; the Oct 22, 2026 session ranged USD 881–906.35 on volume of 2,032,942 shares. Market capitalization is $259.52B, with a 52-week range of USD 744.66–1,153.99 (NYQ). Source: Nexqual, retrieved October 23, 2026 at 09:26 UTC.
Also available as compact Markdown for AI agents: nexqual.com/GS.md
Latest Earnings Results (GS)
| Fiscal period | EPS (reported) | Revenue | Released | Source |
|---|---|---|---|---|
| Q3 2026 | $17.01 (GAAP diluted) | $18.68B | Oct 13, 2026, 7:32:56 AM ET · on Nexqual +40 seconds | SEC 8-K filing |
Reported actuals captured by Nexqual from SEC 8-K filings and company press releases; each figure confirmed by two independent extraction methods.
Key facts (GS)
- Last four reported quarters (through Jun 30, 2026): revenue $66.2B, net income $21.0B (31.7% margin) (SEC filings).
- Valuation: P/E 12.4x (avg 15.1x at the last 3 fiscal year-ends).
- 5 of 80 tracked superinvestors hold GS (13F, Q2 2026 (1 investor on Q3 2026, filed early)): 0 new, 1 added, 3 reduced, 1 unchanged.
- Insider open-market sales, last ~7 months: 10 Form 4 filings, $36.7M; 10 not under a Rule 10b5-1 plan ($36.7M); 3 by opportunistic insiders (3 outside 10b5-1 plans), 0 by routine insiders (three-year test, Cohen, Malloy & Pomorski 2012).
- Total return with dividends: 1Y +21.1% vs S&P 500 +14.9%; 5Y +142.8% vs S&P 500 +80.3%.
- Next earnings: 2027-01-19, EPS estimate USD 15.65, revenue estimate $17.6B.
Financials (SEC 10-K; TTM = last four 10-Q/10-K quarters) (GS)
| USD | FY2021 | FY2022 | FY2023 | FY2024 | FY2025 | TTM |
|---|---|---|---|---|---|---|
| Revenue | $59.3B | $47.4B | $46.3B | $53.5B | $58.3B | $66.2B |
| Net income | $21.6B | $11.3B | $8.52B | $14.3B | $17.2B | $21.0B |
| EPS (diluted) | $59.45 | $30.06 | $22.87 | $40.54 | $51.32 | — |
| Free cash flow | $1.63B | $4.96B | -$14.9B | -$15.3B | -$47.2B | -$41.5B |
| Net margin | 36.5% | 23.8% | 18.4% | 26.7% | 29.5% | 31.7% |
| Revenue growth | +33.2% | -20.2% | -2.3% | +15.7% | +8.9% | — |
| Cash + short-term investments | $261B | $242B | $242B | $182B | $164B | — |
| Total debt | $301B | $308B | $318B | $312B | $356B | — |
Fiscal years end Dec. EPS is split-adjusted.
Valuation (price ÷ last four quarters, through Jun 30, 2026) (GS)
P/E 12.4x · P/S 3.9x · P/B 2.1x · FCF yield -16.00% · Earnings yield 8.08% · Dividend yield (paid, TTM) 2.36% · Buyback yield (TTM) 5.39%
P/E at fiscal year-ends: Dec 2025 16.3x, Dec 2024 13.4x, Dec 2023 15.7x.
Superinvestors (SEC 13F-HR, Q2 2026) (GS)
5 of 80 tracked investors hold GS (1 investor on Q3 2026, filed early). Each row is the investor's latest 13F; change is vs their prior-quarter share count.
| Investor | Firm | % of portfolio | Value | Change | Quarter |
|---|---|---|---|---|---|
| Thomas Gayner | Markel Group | 2.77% | $363M | Unchanged | Q2 2026 |
| David Katz | Matrix Asset Advisors | 1.54% | $18.7M | Reduced -6.2% | Q3 2026 |
| Dodge & Cox Funds | Dodge & Cox | 0.07% | $136M | Reduced -90.3% | Q2 2026 |
| Yacktman Asset Management | 0.07% | $5.3M | Added +2.1% | Q2 2026 | |
| Bill Nygren | Oakmark Funds | 0.04% | $27.5M | Reduced -5.0% | Q2 2026 |
Insider sales (SEC Form 4, open-market, last ~7 months) (GS)
0 of 10 under a Rule 10b5-1 trading plan (scheduled in advance). Unplanned sales were timed by the insider.
| Trade date | Insider | Role | Shares | Value | % of holdings sold | 10b5-1 plan | Insider type |
|---|---|---|---|---|---|---|---|
| 2026-08-28 | Leslie Ericka T | Chief Administrative Officer | 600 | $620K | 5.2% | No | Too little history (no open-market trades in 2024 or 2025) |
| 2026-08-04 | Leslie Ericka T | Chief Administrative Officer | 175 | $184K | 1.5% | No | Too little history (no open-market trades in 2024 or 2025) |
| 2026-07-15 | Leslie Ericka T | Chief Administrative Officer | 250 | $288K | 2.1% | No | Too little history (no open-market trades in 2024 or 2025) |
| 2026-05-14 | Coleman Denis P. | Chief Financial Officer | 6,857 | $6.7M | 16.3% | No | Too little history (no open-market trades in 2023) |
| 2026-05-06 | Ruemmler Kathryn H. | Chief Legal Officer, GC | 14,292 | $13.4M | 47.7% | No | Opportunistic (traded every year 2023–2025, no repeating month) |
| 2026-05-01 | Solomon David M | Chairman of the Board and CEO | 3,470 | $3.2M | 2.2% | No | Opportunistic (traded every year 2023–2025, no repeating month) |
| 2026-05-01 | Fredman Sheara J | Chief Accounting Officer | 10,301 | $9.6M | 61.9% | No | Too little history (no open-market trades in 2023) |
| 2026-05-01 | Ruemmler Kathryn H. | Chief Legal Officer, GC | 683 | $635K | 2.2% | No | Opportunistic (traded every year 2023–2025, no repeating month) |
| 2026-04-23 | Golten Alex S | CHIEF RISK OFFICER | 1,116 | $1.0M | 30.2% | No | Too little history (no open-market trades in 2023 or 2024) |
| 2026-04-17 | Golten Alex S | CHIEF RISK OFFICER | 1,115 | $1.0M | 23.2% | No | Too little history (no open-market trades in 2023 or 2024) |
% of holdings sold = shares sold ÷ (shares sold + all holdings the insider reported on that Form 4, direct and through trusts).
Insider type follows Cohen, Malloy & Pomorski (Journal of Finance, 2012). An insider who traded the stock in the same calendar month in each of the past three years is a routine trader; one who traded in each of those years without such a pattern is an opportunistic trader. In their study, trades by opportunistic insiders predicted future returns and trades by routine insiders did not. Counts open-market purchases and sales only (SEC Form 4 codes P and S) by that insider in that company. Not investment advice.
Analysts (GS)
Rating changes, last 120 days:
| Date | Firm | Action | Rating | Price target |
|---|---|---|---|---|
| 2026-10-19 | BMO Capital | Target lowered | Market Perform | $970 → $950 |
| 2026-10-16 | JP Morgan | Target raised | Neutral | $955 → $970 |
| 2026-10-14 | Citigroup | Target lowered | Neutral | $1050 → $1000 |
| 2026-10-14 | Keefe, Bruyette & Woods | Target lowered | Market Perform | $1130 → $1100 |
| 2026-10-14 | RBC Capital | Target lowered | Sector Perform | $1220 → $1010 |
| 2026-10-08 | TD Cowen | Initiated | Buy | $1050 |
| 2026-10-06 | BMO Capital | Target lowered | Market Perform | $972 → $970 |
| 2026-10-05 | UBS | Target lowered | Neutral | $1150 → $1010 |
| 2026-10-01 | Evercore ISI Group | Target lowered | Outperform | $1210 → $1000 |
| 2026-09-28 | HSBC | Target raised | Hold | $995 → $1007 |
| 2026-09-25 | Wells Fargo | Target lowered | Overweight | $1325 → $1175 |
| 2026-09-23 | Citigroup | Target lowered | Neutral | $1200 → $1050 |
Total return (dividends reinvested) (GS)
| 1Y (from 2025-10-23) | 5Y (from 2021-10-18) | |
|---|---|---|
| Total return | +21.1% | +142.8% |
| S&P 500 (SPY) | +14.9% | +80.3% |
| Per year | +21.1% | +19.4% |
| Volatility (annualized) | 32.0% | 28.0% |
| Max drawdown | -23.6% (Jul 2026→Oct 2026) | -31.3% (Oct 2021→Jun 2022) |
GS analyst estimates and revisions
| Period | EPS estimate | 90 days ago | Change | Revenue estimate | Analysts |
|---|---|---|---|---|---|
| Current quarter (ends Dec 2026) | $15.65 | $15.60 | +0.3% | $17.64B | 18 |
| Next quarter (ends Mar 2027) | $19.23 | $19.11 | +0.6% | $18.92B | 10 |
| Current fiscal year (ends Dec 2026) | $71.33 | $70.64 | +1.0% | $72.94B | 21 |
| Next fiscal year (ends Dec 2027) | $74.29 | $73.20 | +1.5% | $73.97B | 24 |
GS options: expected move
Options price a move of about ±14.5% (±$128.75) by Feb 19, 2027, which includes earnings on Jan 19, 2027; the earnings reaction alone is priced at about ±3.1%.
| Expiration | Days | ATM implied volatility | Expected move |
|---|---|---|---|
| Oct 30, 2026 | 7 | 37.7% | ±4.5% |
| Nov 6, 2026 | 14 | 34.6% | ±5.6% |
| Nov 13, 2026 | 21 | 34.3% | ±6.8% |
| Nov 20, 2026 | 28 | 32.4% | ±7.3% |
| Nov 27, 2026 | 35 | 31.6% | ±7.9% |
| Dec 4, 2026 | 42 | 31.2% | ±8.7% |
| Dec 18, 2026 | 56 | 31.0% | ±9.8% |
| Jan 15, 2027 | 84 | 31.0% | ±11.9% |
30-day implied volatility 32.4% vs 24.5% realized over the last 30 trading days. Put/call ratio (volume) 0.88. Cboe delayed quotes (15 min). Expected move = at-the-money straddle.
Key Statistics (as of October 23, 2026 at 09:26 UTC)
| Price | USD 891.3 |
|---|---|
| Change | ▼ 1.48% (down) |
| Previous Close | USD 904.72 |
| Open | USD 884.92 |
| Day Range | USD 881 – 906.35 |
| 52-Week Range | USD 744.66 – 1,153.99 |
| Volume | 2,032,942 shares |
| Market Cap | $259.52B |
| Exchange | NYQ |
Technical Analysis (GS)
Nexqual's technical model rates GS "STRONG SELL" based on 0 bullish and 5 bearish signals across 127 daily candles, as of October 23, 2026 at 09:26 UTC.
| Overall Signal | STRONG SELL |
|---|---|
| RSI (14) | 37.89 (neutral) |
| vs SMA50 | Below (USD 963.06) |
| MACD | -20.47 (negative) |
Earnings (GS)
| Next Earnings Date | 2027-01-19 |
|---|---|
| EPS Estimate | USD 16.08 |
| Revenue Estimate | $17.64B |
Recent Earnings History
| Quarter | Actual vs Estimate |
|---|---|
| 2026-09-30 | USD 17.01 vs est 13.09 ▲ beat |
| 2026-06-30 | USD 20.98 vs est 14.54 ▲ beat |
| 2026-03-31 | USD 17.55 vs est 16.39 ▲ beat |
| 2025-12-31 | USD 14.01 vs est 11.65 ▲ beat |
Source: Nexqual, October 23, 2026 at 09:26 UTC.
Financials & Fundamentals (GS)
| Total Revenue | $71.04B |
|---|---|
| Revenue Growth (latest quarter, YoY) | +23.30% |
| Gross Margin | +81.29% |
| Operating Margin | +38.24% |
| Profit Margin | +31.21% |
| ROE | +17.75% |
| Debt / Equity | 6.71 |
| Current Ratio | 2.63 |
| Total Cash | $1.01T |
| Total Debt | $839.00B |
Source: Nexqual, October 23, 2026 at 09:26 UTC.
Financial Health Score (GS)
Nexqual rates The Goldman Sachs Group, Inc.'s overall financial health "Solid" across five dimensions, as of October 23, 2026 at 09:26 UTC.
| Growth | Solid — Revenue +9% YoY (annual) |
|---|---|
| Profitability | Strong — Net margin 28% (last 12 months); banks have no gross margin |
| Balance Sheet | N/A — Not comparable for banks: deposits and customer funds sit on the balance sheet, so cash vs debt does not measure safety (SEC industry: Security Brokers, Dealers & Flotation Companies) |
| Cash Flow | N/A — Not meaningful for banks and lenders: lending and trading move operating cash flow by billions each year (SEC industry: Security Brokers, Dealers & Flotation Companies) |
| Efficiency | Solid — ROE 18%, ROA 1.1% |
Ownership (GS)
| Insider Ownership | +0.55% |
|---|---|
| Institutional Ownership | +75.71% |
| Shares Outstanding | 291.17M |
| Float | 294.44M |
| Short % of Float | +2.30% |
Source: Nexqual, October 23, 2026 at 09:26 UTC.
Leadership (GS)
The Goldman Sachs Group, Inc. is led by David M. Solomon, Chairman & CEO, per Nexqual as of October 23, 2026 at 09:26 UTC.
| Chairman & CEO | David M. Solomon |
|---|---|
| President, COO & Director | John E. Waldron |
| Chief Financial Officer | Denis P. Coleman |
| Executive VP, Lead Director & Secretary to the Board of Directors | John F. W. Rogers |
| Director | J. D. Gardner |
Major Backers & Investors (GS)
Notable institutional backers of The Goldman Sachs Group, Inc. include JPMorgan, Morgan Stanley, Fisher Asset Management, LLC, according to Nexqual as of October 23, 2026 at 09:26 UTC.
Active Investors
| Investor | Stake |
|---|---|
| JPMorgan | 2.76% |
| Morgan Stanley | 2.41% |
| Fisher Asset Management, LLC | 2.39% |
| Bank of America Corporation | 2.29% |
| FMR, LLC | 1.33% |
| Fidelity | 1.32% |
Index Funds (Passive)
| Fund | Stake |
|---|---|
| Vanguard Group | 8.81% |
| BlackRock | 8.21% |
| State Street | 6.47% |
| Geode Capital | 2.39% |
Source: Nexqual, October 23, 2026 at 09:26 UTC.
Peers & Related Stocks
| Symbol | Name | Price | Change |
|---|---|---|---|
| MS | Morgan Stanley | USD 183.97 | ▼ 1.63% |
| SCHW | Charles Schwab Corporation (The | USD 91.44 | ▼ 0.22% |
| IBKR | Interactive Brokers Group, Inc. | USD 82.28 | ▼ 3.57% |
| HOOD | Robinhood Markets, Inc. | USD 96.58 | ▼ 5.25% |
| NMR | Nomura Holdings Inc | USD 9.04 | ▼ 1.95% |
| TW | Tradeweb Markets Inc. | USD 121.89 | ▲ 1.57% |
Data source: Nexqual — market data, technical indicators, analyst consensus, earnings, SEC EDGAR filings. Last updated: October 23, 2026 at 09:26 UTC. This page is informational and not investment advice.
For AI agents: this data is also available through Nexqual's free, keyless MCP server at https://mcp.nexqual.com/mcp; every result includes source_url, as_of and cite_as. More: nexqual.com/agents · llms.txt