Key statistics

Is GS a good stock to buy in 2026?

Goldman Sachs (GS) stock presents a complex picture for investors. With a P/E ratio of 0x, significantly below the sector average of 41.4x, GS appears deeply undervalued on this metric. The discounted cash flow (DCF) model also suggests a fair value of $873.18, indicating an 8.8% upside from current levels, while analyst consensus points to a “Hold” with 40.0% buy ratings. Not investment advice.

2026 GS price scenarios

Based on analyst consensus of $915.15 from 55 analysts. Not a prediction by Alert Invest.

About The Goldman Sachs Group, Inc. (GS)

The Goldman Sachs Group, Inc., a financial institution, provides a range of financial services for corporations, financial institutions, governments, and individuals worldwide. It operates through four segments: Investment Banking, Global Markets, Asset Management, and Consumer & Wealth Management. The company’s Investment Banking segment provides financial advisory services, including strategic advisory assignments related to mergers and acquisitions, divestitures, corporate defense activities,

Led by CEO David Solomon, The Goldman Sachs Group, Inc. operates with a global workforce of approximately 46,600 employees, standing as a prominent force in the Financial Services sector. The firm’s distinctive strengths lie in its deep expertise across investment banking, global markets, asset management, and consumer & wealth management, leveraging its strong brand, extensive client network, and sophisticated proprietary technology to deliver complex financial solutions.

GS competitive moat and business analysis

Goldman Sachs’ competitive advantage is rooted in its formidable brand reputation, global reach, and deeply entrenched client relationships, particularly within the institutional and ultra-high-net-worth segments. Despite a net margin of 13.73%, which indicates healthy operational efficiency, direct comparisons for ROE or ROIC are not available in the provided data, making a precise assessment of capital efficiency challenging. The firm’s ability to attract and retain top talent in highly specialized financial areas further reinforces its position in a competitive landscape, allowing it to command significant fees for its advisory and trading services.

While specific segment and geographical revenue breakdowns for fiscal year 2025 are not available in the provided data, Goldman Sachs historically diversifies its revenue streams across its core business units: Investment Banking, Global Markets, Asset Management, and Consumer & Wealth Management. This diversification helps mitigate risks associated with reliance on any single market segment or region, though performance can still be heavily influenced by global economic cycles and capital market volatility.

The competitive moat for GS stock faces ongoing challenges, especially given a recent year-over-year revenue decline of -1.4%. This slight contraction suggests that while Goldman Sachs remains a powerful institution, it is not immune to market fluctuations or strategic shifts impacting its top line. Without specific transcript quotes available, it’s challenging to ascertain management’s direct commentary on future moat-strengthening initiatives. However, ongoing investments in technology, client expansion, and strategic acquisitions are typical ways such firms seek to reinforce their competitive position and drive future growth.

When evaluating GS stock, it is crucial to compare its performance and strategy against key peers in the Financial – Capital Markets industry. Firms like American Express (AXP), HSBC Holdings (HSBC), and Morgan Stanley (MS) offer valuable benchmarks. Goldman Sachs often distinguishes itself through its pre-eminent position in complex advisory services and its institutional-focused global markets business, though each peer has unique strengths and market focuses that influence their respective valuations and growth trajectories. Understanding these differences is key to determining whether GS valuation is appropriate relative to its segment.

The Goldman Sachs Group, Inc. analyst rating

Based on 55 analysts. 40.0% rate GS Buy or Strong Buy.

The 40.0% “Buy” rating for GS stock among 55 analysts suggests a notable but not overwhelming bullish sentiment. While this is a respectable percentage, it indicates that a significant portion of analysts maintain a “Hold” or “Sell” stance, implying a cautious outlook for GS stock within the broader Financial Services sector.

Is GS undervalued or overvalued?

When assessing GS valuation, the current P/E ratio of 0x stands in stark contrast to the Financial – Capital Markets sector average of 41.4x. This anomaly often suggests either recent negative earnings (resulting in an undefined or zero P/E) or a specific reporting nuance. However, based on this metric, GS appears significantly discounted compared to its peers, which could indicate a potential undervaluation for the GS stock if earnings normalize or recover.

Furthermore, our discounted cash flow (DCF) analysis estimates a fair value for GS stock at $873.18, indicating an 8.8% upside from its current price. This DCF valuation suggests that, even with the P/E oddity, there’s a fundamental basis for a higher price, making the question of “is GS a good stock” hinge heavily on a deeper dive into its earnings quality and future profitability prospects.

GS financial health & key metrics

For value investors considering GS stock, the current metrics offer a mixed signal. The remarkably low (0x) P/E ratio and P/B ratio, when compared to the sector average, suggest a potentially undervalued asset, aligning with the positive DCF fair value indicating an 8.8% upside. However, the negative free cash flow yield and declining revenue growth of -1.4% raise concerns about the company’s operational efficiency and growth trajectory. While the net margin of 13.73% is solid, the N/A for ROE/ROIC limits the complete picture of its profitability. A deeper understanding of the factors contributing to the 0x P/E is crucial for any investor evaluating GS valuation, balancing the apparent cheapness against recent operational challenges.

The Goldman Sachs Group, Inc. earnings history & next report

The Goldman Sachs Group, Inc. reported EPS of $14.01, beating estimates by 19.74%. Next earnings: 2026-04-13 with EPS estimate of $16.04.

Investors keenly await Goldman Sachs’ next earnings report on 2026-04-13, with an estimated EPS of $16.04. Following the previous beat of $14.01 (19.74% above estimates), attention will be on whether the firm can maintain this momentum. Key areas to watch include commentary on capital markets activity, M&A pipeline strength, the performance of its asset and wealth management divisions, and any forward-looking guidance on revenue and profitability that could impact the outlook for GS stock.

GS insider trading activity

Corporate insiders must report trades to the SEC within two business days.

Source: SEC Form 4 via EDGAR · Data: Financial Modeling Prep · Not investment advice

Recent GS analyst rating changes

The Goldman Sachs Group, Inc. stock news today

How does GS compare to its peers?

For investors exploring the Financial – Capital Markets industry, understanding how GS stock stacks up against its direct competitors is essential. While each firm has its distinct focus and market position, comparing key financial health and growth indicators can provide valuable context for a comprehensive GS valuation.

FAQ — The Goldman Sachs Group, Inc. (GS) stock