Goldman Sachs (GS)
NYSEFinancialsFinancial - Capital MarketsSnapshot 2026-10-29
$927.73+0.28%
Close 2026-10-29 · 1-day change
NYSEFinancialsFinancial - Capital MarketsSnapshot 2026-10-29
Research Workspace
Put GS beside peers and holdings, graph the same metric, and keep your notes with the evidence.
Daily closes. Earnings/event dots are placed inline.
Industries move in repeating boom-and-bust cycles. This shows where this stock’s industry sits in that cycle, stage by stage (recovery → expansion → supercycle → steady → deceleration → contraction), from its fundamentals (orders, revenue, capital spending), not the stock’s price.
A booming industry is a tailwind for the names in it; a contracting one is a headwind. Companies in the same industry tend to rise and fall together with the cycle, the way a tide lifts and lowers every boat in the harbor at once, so a large part of a stock’s swing can come from where its industry sits rather than from the company itself. It’s context for reading the company’s results, not a buy/sell call. Full explanation →
Investment Banking & Brokerage is in expansion. Describes the industry's cycle state, not a call on this stock.
The stage band shows the industry’s cycle over the chart’s timeline (each color a stage); a ▼ marks a quarter its growth inflected down — amber is an unconfirmed watch, red is confirmed the next quarter. Use “Overlay cycle on chart” to tint the price chart by stage. The industry’s fundamentals, not a signal on this stock.
The reason to own it still holds.
View ThesisRevenue is growing steadily — about 4% over the past year.
View GrowthRanks in the weakest quality tier of its industry — roughly the bottom 33%, softest on free-cash-flow margins.
View QualityManagement screens strong on capital allocation, earnings delivery.
View ManagementExpectations look reasonable — what the market is pricing in sits in line with or below what analysts forecast.
View ValuationModerate volatility — typically moves about 1% a day.
View RiskGS’s claim rests on rising Global Banking & Markets revenue and stronger Asset & Wealth Management. Investment banking fees rose 40% year over year in the first nine months of 2026. Q3 revenue grew 23% year over year, and earnings beat consensus by 31.9%. GS trades at 13× P/E versus a 17× peer median; expectations look modest versus our growth view. Weak cash backing for reported profits risks undermining confidence in that growth. Our model puts the next-quarter miss probability near 14%. Peer multiples imply a price about 12% above where it trades; our read remains intact. This read is provisional.
Trailing returns as of 2026-10-29. GS is total return (includes dividends); the S&P 500 benchmark is price return (the index excludes dividends).
Based on 27 analysts currently covering GS (as of Oct 2026).
Based on 8 Wall Street analysts offering 12-month price targets for GS in the last 4 months.
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Compare GS with peers and holdings, graph the same reported metric, keep your questions beside the evidence, and return when the facts change.
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| Compare | Company | Living FV | P/E | Revenue % | Quality |
|---|---|---|---|---|---|
| GS Selected company | Graph | Compare | Trend | Review | |
| Peer Add a competitor | Graph | Compare | Trend | Review | |
| Holding Compare a holding | Graph | Compare | Trend | Review |
Selected metric trend
Quarterly · checked companies · value or % of revenue
A consensus fair price across 9 valuation methods, at three horizons. As of 2026-10-29. Estimates are diagnostics, not price targets. Short-horizon estimates are close to coin-flips, so confidence is a method-agreement read, not a prediction.
Today's peer multiple on trailing earnings, with no growth credited. This is the headline read.
Adds projected growth, so it leans optimistic by design. Read it as upside context, not a base case.
A price-focused, side-by-side fair-value read versus Investment Banking & Brokerage — fair value, gap to price, and forward P/E.
Compare the value case
Put GS next to peers and holdings, compare Living FV and multiples, then graph the driver behind the difference.
Advances: Enhance Asset & Wealth Management performance
Goldman Sachs Alternatives’ stake sale supports private-markets activity and AWM performance.
Not investment advice. Scores describe historical and current data; they are not forecasts of future returns. Consult a licensed advisor before making investment decisions.
End-of-day figures as of 2026-10-29. EPS is implied from price ÷ P/E. Not investment advice.
Current $927.73
The last 12 months of price, then the range of analyst 12-month targets from today’s $927.73.
Analyst ratings and price targets are third-party Wall Street estimates, not QuarterlyIQ’s view. Not investment advice.
A long-thesis check that carries the widest uncertainty of the three horizons.
Above average on quality vs scored peers
Direction of the business behind the multiple. Bands are backend reads; trailing-12-month basis.
Advances: Enhance Asset & Wealth Management performance
Major small-business AI investment supports franchise reach, though direct financial returns remain uncertain.
Advances: Enhance Asset & Wealth Management performance
Reported $2.25 billion ETF-business purchase expands AWM scale and capabilities.
Recapitalization enhances GS's investment portfolio.
Threatens: Increase Global Banking & Markets revenue
Market volatility negatively impacts bond trading revenue.
Advances: Enhance Asset & Wealth Management performance
Updated utility estimates may enhance asset management performance.
Initiation of coverage may enhance asset management performance.
Initiation of coverage may enhance asset management performance.