Goldman Sachs Valuation

GS Stock  USD 943.62  14.87  1.60%   
At this time, the firm appears to be undervalued. Goldman Sachs Group retains a regular Real Value of $993.47 per share. The prevalent price of the firm is $943.62. Our model calculates the value of Goldman Sachs Group from evaluating the firm fundamentals such as Current Valuation of 145.13 B, return on asset of 0.0099, and Return On Equity of 0.14 as well as inspecting its technical indicators and probability of bankruptcy. Key fundamental drivers impacting Goldman Sachs' valuation include:
Price Book
2.2641
Enterprise Value
145.1 B
Price Sales
4.8093
Forward PE
16.3666
Trailing PE
18.0839
Undervalued
Today
943.62
Please note that Goldman Sachs' price fluctuation is very steady at this time. Calculation of the real value of Goldman Sachs Group is based on 3 months time horizon. Increasing Goldman Sachs' time horizon generally increases the accuracy of value calculation and significantly improves the predictive power of the methodology used.
The fair value of the Goldman stock is determined by what a typical buyer is willing to pay for full or partial control of Goldman Sachs Group. Since Goldman Sachs is currently traded on the exchange, buyers and sellers on that exchange determine the market value of Goldman Stock. However, Goldman Sachs' intrinsic value may or may not be the same as its current market price, in which case there is an opportunity to profit from the mispricing, assuming the market price will eventually merge with its intrinsic value.
Historical Market  943.62 Real  993.47 Target  950.5 Hype  947.25
The intrinsic value of Goldman Sachs' stock can be calculated using various methods such as discounted cash flow analysis, price-to-earnings ratio, or price-to-book ratio. That value may differ from its current market price, which is determined by supply and demand factors such as investor sentiment, market trends, news, and other external factors that may influence Goldman Sachs' stock price. It is important to note that the real value of any stock may change over time based on changes in the company's performance.
849.26
Downside
993.47
Real Value
995.32
Upside
Estimating the potential upside or downside of Goldman Sachs Group helps investors to forecast how Goldman stock's addition to their portfolios will impact the overall performance. We also use other valuation drivers to help us estimate the true value of Goldman Sachs more accurately as focusing exclusively on Goldman Sachs' fundamentals will not take into account other important factors:
Earnings
Estimates
LowProjectedHigh
13.8715.6917.43
Details
Hype
Prediction
LowEstimatedHigh
849.26947.25949.10
Details
23 Analysts
Consensus
LowTarget PriceHigh
864.96950.501,055
Details
Traditionally, analysts and sophisticated investors use multiple methods for valuing a cash-flow-generating entity or its stock. For example, some money managers use Goldman Sachs' intrinsic value based on its ongoing forecasts of Goldman Sachs' financial statements. In contrast, other private, professional wealth advisors use a multiplier approach by looking to relative value analysis against Goldman Sachs' closest peers.

Goldman Sachs Cash

91.03 Billion

Goldman Revenue by Product

Goldman Sachs Total Value Analysis

Goldman Sachs Group is currently projected to have takeover value of 145.13 B with market capitalization of 285.65 B, debt of 619 B, and cash on hands of 176.73 B. Please note that takeover value may be misleading and is a subject to accounting mistakes. We encourage investors to methodically examine all of the Goldman Sachs fundamentals before making investment evaluation based on enterprise value of the company
  Takeover PriceMarket CapDebt ObligationsCash
145.13 B
285.65 B
619 B
176.73 B

Goldman Sachs Investor Information

About 75.0% of the company shares are owned by institutional investors. The book value of Goldman Sachs was currently reported as 357.46. The company has Price/Earnings To Growth (PEG) ratio of 1.67. Goldman Sachs Group recorded earning per share (EPS) of 52.18. The entity last dividend was issued on the 2nd of March 2026. Based on the key indicators related to Goldman Sachs' liquidity, profitability, solvency, and operating efficiency, Goldman Sachs Group may be sliding down financialy. It has an above-average chance of going through some form of financial crunch next quarter.
Current ValueLast YearChange From Last Year 10 Year Trend
Operating Profit Margin0.170.1569
Significantly Up
Slightly volatile
Operating Income12.1 B19.6 B
Way Down
Slightly volatile

Goldman Sachs Asset Utilization

The concept of asset utilization usually refers to the revenue earned for every dollar of assets a company currently reports. The newest return on assets of Goldman implies not a very effective usage of assets in February.
 
Dot-com Bubble
 
Housing Crash
 
Credit Downgrade
 
Yuan Drop
 
Covid
 
Interest Hikes

Goldman Sachs Profitability Analysis

Based on Goldman Sachs' profitability indicators, Goldman Sachs Group is yielding more profit at the present time then in previous quarter. It has a moderate chance of reporting better profitability numbers in March. Profitability indicators assess Goldman Sachs' ability to earn profits and add value for shareholders.
 
Net Income  
First Reported
1998-12-31
Previous Quarter
4.1 B
Current Value
4.6 B
Quarterly Volatility
1.4 B
 
Dot-com Bubble
 
Housing Crash
 
Credit Downgrade
 
Yuan Drop
 
Covid
 
Interest Hikes
At this time, Goldman Sachs' Operating Profit Margin is comparatively stable compared to the past year. Gross Profit Margin is likely to gain to 0.54 in 2026, whereas Gross Profit is likely to drop slightly above 37.1 B in 2026.
Current ValueLast YearChange From Last Year 10 Year Trend
Gross Profit Margin0.540.457
Fairly Up
Slightly volatile
Net Profit Margin0.120.1373
Fairly Down
Pretty Stable
Operating Profit Margin0.170.1569
Significantly Up
Slightly volatile
Pretax Profit Margin0.170.1747
Fairly Down
Slightly volatile
Return On Assets0.00950.0095
Slightly Up
Pretty Stable
Return On Equity0.140.1374
Fairly Up
Very volatile
For Goldman Sachs profitability analysis, we use financial ratios and fundamental drivers that measure the ability of Goldman Sachs Group to generate income relative to revenue, assets, operating costs, and current equity. These fundamental indicators attest to how well Goldman Sachs utilizes its assets to generate profit and value for its shareholders. The profitability module also shows relationships between Goldman Sachs's most relevant fundamental drivers. It provides multiple suggestions of what could affect the performance of Goldman Sachs over time as well as its relative position and ranking within its peers.

Goldman Sachs Earnings per Share Projection vs Actual

The next projected EPS of Goldman Sachs is estimated to be 15.69 with future projections ranging from a low of 13.87 to a high of 17.4313. Goldman Sachs' most recent 12-month trailing earnings per share (EPS TTM) is at 52.18. Please be aware that the consensus of earnings estimates for Goldman Sachs Group is based on EPS before non-recurring items and includes expenses related to employee stock options.
 
Dot-com Bubble
 
Housing Crash
 
Credit Downgrade
 
Yuan Drop
 
Covid
 
Interest Hikes
Goldman Sachs is projected to generate 15.69 in earnings per share on the 31st of March 2026. Goldman Sachs earnings estimates show analyst consensus about projected Goldman Sachs EPS (Earning Per Share). It derives the highest and the lowest estimates based on Goldman Sachs' historical volatility. Many public companies, such as Goldman Sachs, manage the perception of their earnings on a regular basis to make sure that analyst estimates are accurate. Future earnings calculations are also an essential input when attempting to value a firm.

Goldman Sachs Earnings Estimation Breakdown

The calculation of Goldman Sachs' earning per share is based on the data from the past 12 consecutive months, used for reporting the company's financial figures. The next projected EPS of Goldman Sachs is estimated to be 15.69 with the future projection ranging from a low of 13.87 to a high of 17.4313. Please be aware that this consensus of annual earnings estimates for Goldman Sachs Group is based on EPS before non-recurring items and includes expenses related to employee stock options.
Last Reported EPS
14.01
13.87
Lowest
Expected EPS
15.69
17.43
Highest

Goldman Sachs Earnings Projection Consensus

Suppose the current estimates of Goldman Sachs' value are higher than the current market price of the Goldman Sachs stock. In this case, investors may conclude that Goldman Sachs is overpriced and will exhibit bullish sentiment. On the other hand, if the present value is lower than the stock price, analysts may conclude that the market undervalues the equity. These scenarios may suggest that the market is not as efficient as it should be at the estimation time, and Goldman Sachs' stock will quickly adjusts to the new information provided by the consensus estimate.
Number of AnalystsHistorical AccuracyLast Reported EPSEstimated EPS for 31st of March 2026Current EPS (TTM)
2680.64%
14.01
15.69
52.18

Goldman Sachs Ownership Allocation

Goldman Sachs Group has a total of 299.93 Million outstanding shares. The majority of Goldman Sachs Group outstanding shares are owned by outside corporations. These institutional investors are usually referred to as non-private investors looking to purchase positions in Goldman Sachs to benefit from reduced commissions. Consequently, third-party entities are subject to a different set of regulations than regular investors in Goldman Sachs Group. Please pay attention to any change in the institutional holdings of Goldman Sachs Group as this could imply that something significant has changed or is about to change at the company. On January 16, 2026, Representative Julie Johnson of US Congress acquired under $15k worth of Goldman Sachs Group's common stock.

Goldman Sachs Profitability Analysis

The company generated the yearly revenue of 125.1 B. Reported Net Income was 14.28 B with gross profit of 49.23 B.

Goldman Sachs Past Distributions to stockholders

About Goldman Sachs Valuation

The stock valuation mechanism determines Goldman Sachs' current worth on a daily basis. In general, an absolute valuation approach attempts to find the value of Goldman Sachs Group based exclusively on its fundamental and basic technical indicators. As compared to an absolute model, our relative valuation model uses a comparative analysis of Goldman Sachs. We calculate exposure to Goldman Sachs's market risk, different technical and fundamental indicators, and relevant financial multiples and ratios and then compare them to those of Goldman Sachs's related companies.
Last ReportedProjected for Next Year
Gross Profit57.2 B37.1 B
Pretax Profit Margin 0.17  0.17 
Operating Profit Margin 0.16  0.17 
Net Profit Margin 0.14  0.12 
Gross Profit Margin 0.46  0.54 
Goldman Sachs' stock price is the clearest measure of market expectations about its performance. Without stock valuation, investors cannot independently discern whether Goldman Sachs' value is low or high relative to the company's performance and growth projections. Determining the market value of Goldman Sachs can be done in different ways, such as multiplying its stock price by its outstanding shares.
A single share of Goldman Sachs represents a small ownership stake in the entity. As a stockholder of Goldman, your percentage of company ownership is determined by dividing the number of shares you own by the total number of shares outstanding and then multiplying that amount by 100. Owning stock in a company generally confers both corporate voting rights and income from any dividends paid to the stock owner.

Goldman Sachs Dividends Analysis For Valuation

Dividends Paid is likely to gain to about (3.8 B) in 2026. Dividend Yield is likely to drop to 0.01 in 2026. At this time, Goldman Sachs' Retained Earnings are comparatively stable compared to the past year. Earnings Yield is likely to gain to 0.07 in 2026, whereas Retained Earnings Total Equity is likely to drop slightly above 88.6 B in 2026.
Last ReportedProjected for Next Year
Dividends Paid-4 B-3.8 B
Dividend Yield 0.02  0.01 
Dividend Payout Ratio 0.25  0.17 
Dividend Paid And Capex Coverage Ratio(1.80)(1.90)
There are various types of dividends Goldman Sachs can pay to its shareholders, and the actual value of the dividend is determined on a per-share basis. It is to be paid equally to all of Goldman shareholders on a specific date, known as the payable date. The cash dividend is the most common type of dividend payment - it is the payment of actual cash from Goldman Sachs Group directly to its shareholders. There are other types of dividends that companies can issue, such as stock dividends or asset dividends. When Goldman pays a dividend, it has no impact on its enterprise value. It does, however, lowers the Equity Value of Goldman Sachs by the value of the dividends paid out.

Goldman Sachs Growth Indicators

Investing in growth stocks can be very risky. If the company such as Goldman Sachs does not do well, investors take a loss on the stock when it is time to sell. Also, because growth stocks typically do not pay dividends, the only opportunity an investor has to make money on their investment is when they eventually sell their shares.
Common Stock Shares Outstanding317.6 M
Quarterly Earnings Growth Y O Y0.173
Forward Price Earnings16.3666

Goldman Sachs Current Valuation Indicators

Goldman Sachs' valuation analysis is a process of estimating the intrinsic value of all assets and outstanding equities. There are different methodologies and models we use to develop the final Goldman Sachs' valuation. The techniques such as discounted cash flow and fundamental indicators such as book value per share or market capitalization are well known and widely used across most financial advisers and money managers.
Valuations are an essential part of business, for companies themselves, but also for investors. For companies, such as Goldman Sachs, valuations can help measure their progress and success and can help them track their performance in the market compared to others. In addition, investors can use Goldman Sachs' valuations to help determine the worth of potential investments. They can do this by using data and information made public by a company. Regardless of who the valuation is for, it essentially describes Goldman Sachs' worth.

Additional Tools for Goldman Stock Analysis

When running Goldman Sachs' price analysis, check to measure Goldman Sachs' market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Goldman Sachs is operating at the current time. Most of Goldman Sachs' value examination focuses on studying past and present price action to predict the probability of Goldman Sachs' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Goldman Sachs' price. Additionally, you may evaluate how the addition of Goldman Sachs to your portfolios can decrease your overall portfolio volatility.