Goldman Sachs has delivered four consecutive earnings beats averaging roughly 13% above consensus — providing a near-term event catalyst with earnings 28 days away — but the stock has reached its price target, the risk/reward is exhausted, and structural leverage makes the setup unattractive for new capital at current levels.
Thesis pillars
- Perfect Earnings Beat Streak↓Deteriorating
- Strong Margin Profile→Stable
- Near Term Earnings Catalyst→Stable
- +2 more pillars — see the Why tab for full reasoning
Pillars as of Jul 3, 2026, based on the 10-K filed Feb 25, 2026
Goldman Sachs Group, Inc. (The) (GS) Stock Analysis
Financial Services · Capital Markets
Wait for pullback to $851.89. At $925.17 the A.R:R is 0.0:1 — below the 1.5:1 minimum for BUY_NOW. Engine's entry $851.89 (R/R-minimum solve) is the shallowest technical level that clears the 2:1 A.R:R minimum. Key risks: Analyst target reached - limited upside remaining; Leverage penalty (D/E 6.7): -1.5.
Goldman Sachs operates three segments — Global Banking & Markets (investment banking, FICC, equities), Asset & Wealth Management, and Platform Solutions — serving corporations, financial institutions, governments, and individuals worldwide. Revenue comes from advisory and... Read more
Wait for pullback to $851.89. At $925.17 the A.R:R is 0.0:1 — below the 1.5:1 minimum for BUY_NOW. Engine's entry $851.89 (R/R-minimum solve) is the shallowest technical level that clears the 2:1 A.R:R minimum. Key risks: Analyst target reached - limited upside remaining; Leverage penalty (D/E 6.7): -1.5. Chart setup: No clear chart pattern; technical signals are mixed. Fundamentals strong but target reached (0.3% upside). Wait for pullback. Score 6.7/10, moderate confidence.
Passes 5/7 gates (positive momentum, clean insider activity, earnings proximity 81d clear, semi cycle peak clear, materials cycle peak clear). Fails on favorable risk/reward ratio. Suitability: moderate.
About Goldman Sachs Group, Inc. (The)
About Goldman Sachs Group, Inc. (The)
Goldman Sachs operates through three segments — Global Banking & Markets, Asset & Wealth Management, and Platform Solutions — serving corporations, financial institutions, governments, and individuals globally. GS Bank USA, a New York State-chartered bank, holds U.S. deposit-taking functions, and the Federal Reserve System regulates the holding company as both a bank holding company and a financial holding company. In December 2025, the firm entered an agreement to transfer its Apple Card program to another issuer, expected to complete in roughly 24 months.
Global Banking & Markets generates revenue from investment banking advisory and underwriting, FICC intermediation across interest rate products, credit products, mortgages, currencies, and commodities, FICC financing through structured lending and repo, and equities intermediation and prime financing for institutional clients. Asset & Wealth Management earns predominantly asset-based management fees from institutional and high-net-worth clients — including ultra-high-net-worth families through the private bank — plus incentive fees, private banking net interest income, and returns on principal investments in corporate equity, credit, real estate, and infrastructure. Platform Solutions generated revenue almost entirely from the Apple Card credit card and deposit-raising activities; the company sold its General Motors credit card program to another issuer in 2025, and the Apple Card transition agreement signed in December 2025 subjects remaining Platform Solutions revenue to an ongoing wind-down over approximately 24 months.
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Goldman Sachs operates under simultaneous oversight from the FRB (holding company capital and Business Continuity & Technology Resilience Program), the OCC and New York State banking authorities (GS Bank USA), and FINRA (broker-dealer subsidiaries). The 10-K explicitly flags that Group Inc.'s proposed resolution strategy could result in greater losses for security holders than a simple liquidation scenario. Additionally, the filing notes that escalating U.S.-China tensions and broad tariffs — such as those announced in April 2025 — could adversely affect market activity levels, particularly in cross-border underwriting and intermediation.
See also: Financial Services · Capital Markets
From Goldman Sachs Group, Inc. (The)'s most recent 10-K filing, extracted June 10, 2026.
Recent developments
updated 2026-10-29Recent Developments — Goldman Sachs Group, Inc. (The)
Latest news
- NEWS Here's Why Goldman Sachs (GS) Fell More Than Broader Market - Yahoo! Finance Canada — Yahoo! Finance Canada negative
- NEWS The Goldman Sachs Group, Inc. (GS) Is a Trending Stock: Facts to Know Before Betting on It - Yahoo Finance — Yahoo Finance neutral
- NEWS The Goldman Sachs Group Inc (GS) Shares Fall 5.1% -- GF Value Sa - GuruFocus — GuruFocus negative
- NEWS Goldman Sachs (GS) Launches Retail Private Markets Fund As CEO Backs Crypto Bill - Yahoo Finance — Yahoo Finance positive
- NEWS Goldman Sachs (GS) Launches Retail Private Markets Fund As CEO Backs Crypto Bill - finance.yahoo.com — finance.yahoo.com positive
Generated 2026-10-29T11:08:51Z.
Upcoming dated catalysts
Thesis
Key Metrics
Quality Signals
Options Flow
Material Events(8-K, last 90d)
- 2026-03-13Item 5.02LOWLakshmi Mittal, a member of the Board of Directors, departed from the Goldman Sachs Board effective March 9, 2026. No successor named in the filing. No reason cited.SEC filing →
Model-generated analysis — not investment advice. Not a registered investment advisor. Past performance does not guarantee future results. How we score · Editorial policy
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Rating Breakdown
1 floor-breaker·1 ceiling hit
Technicals below the gate floor. Component breakdown shows what dragged the score down.static
Price Targets
Position Sizing
Risk Alerts
Earnings
Verdict History
Frequently Asked Questions
Wait for pullback to $851.89. At $925.17 the A.R:R is 0.0:1 — below the 1.5:1 minimum for BUY_NOW. Engine's entry $851.89 (R/R-minimum solve) is the shallowest technical level that clears the 2:1 A.R:R minimum. Key risks: Analyst target reached - limited upside remaining; Leverage penalty (D/E 6.7): -1.5. Chart setup: No clear chart pattern; technical signals are mixed. Fundamentals strong but target reached (0.3% upside). Wait for pullback. Target $928.03 (+0.3%), stop $801.13 (−15.5%), A.R:R 0.0:1. Score 6.7/10, moderate confidence.
Take-profit target: $928.03 (+0.3% upside). Target $928.03 (+0.3%), stop $801.13 (−15.5%), A.R:R 0.0:1. Stop-loss: $801.13.
Analyst target reached - limited upside remaining; Leverage penalty (D/E 6.7): -1.5.
Goldman Sachs Group, Inc. (The) trades at a P/E of 13.3 (forward 12.5). TrendMatrix value score: 7.2/10. Verdict: Buy (Wait for Entry).
32 analysts cover GS with a consensus score of 3.6/5. Average price target: $1031.
What does Goldman Sachs Group, Inc. (The) do?Goldman Sachs operates three segments — Global Banking & Markets (investment banking, FICC, equities), Asset & Wealth...
Goldman Sachs operates three segments — Global Banking & Markets (investment banking, FICC, equities), Asset & Wealth Management, and Platform Solutions — serving corporations, financial institutions, governments, and individuals worldwide. Revenue comes from advisory and underwriting fees, market-making spreads, asset management fees, and net interest income; Platform Solutions, which generates revenue almost entirely from Apple Card activities, is being transitioned to another issuer over approximately 24 months.