Goldman Sachs Group Inc (GS) fair value: what the stock is really worth
As of Nov 5, 2026: fair value (intrinsic value) of Goldman Sachs Group Inc stock $767, price $869, that is 11.7% below the price, quality 54 out of 100. Rating: overvalued. Calculated from audited financials with 9 of our 26 valuation models and 37 quality factors, updated daily.
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Goldman Sachs Group Inc
GS · USOur calculation puts a fair price 12% below what the stock costs today.
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Price vs Fair Value
White line = price, green steps = our fair value per fiscal year. As of Nov 6, 2026.
How to read this chart
60‑month range $252.17 – $1,146 · fair‑value band $575.15 – $958.58 · the $868.95 price screens above the $766.86 fair value. Green steps = our fair value per fiscal year (point-in-time, no hindsight). As of Nov 6, 2026.
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Company profile
The Goldman Sachs Group, Inc., a financial institution, provides a range of financial services for corporations, financial institutions, governments, and individuals in the Americas, Europe, the Middle East, Africa, and Asia.
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It operates through three segments: Global Banking & Markets, Asset & Wealth Management, and Platform Solutions.
The Global Banking & Markets segment provides financial advisory services, including strategic advisory assignments related to mergers and acquisitions, divestitures, corporate defense activities, restructurings, and spin-offs; equity and debt underwriting of public offerings and private placements; relationship lending and acquisition financing; secured lending through structured credit and asset-backed lending, such as warehouse, residential and commercial mortgage, corporate, consumer, auto, and student loans; financing through securities purchased under agreements to resell; and commodity financing through structured transactions.
This segment also offers client execution activities for cash and derivative instruments; credit and interest rate products; and provision of mortgages, currencies, commodities, and equities related products.
Its Asset & Wealth Management segment manages assets across various classes, including equity, fixed income, hedge funds, credit funds, private equity, real estate, currencies, commodities, and asset allocation strategies; and provides customized investment advisory solutions, wealth advisory services, personalized financial planning, and private banking services, as well as invests in corporate equity, credit, real estate, and infrastructure assets.
The Platform Solutions segment offers credit cards; and transaction banking and other services, such as deposit-taking, payment solutions, and other cash management services for corporate and institutional clients.
The Goldman Sachs Group, Inc. was founded in 1869 and is headquartered in New York, New York.
Stock analysis
Goldman Sachs Group Inc (GS) currently trades at $868.95, while our model-based Fair Value estimate is $766.86, 12% below the price, so the stock looks overvalued today.
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Valuation
Bull case: the DCF Models group reads highest at a median of $2,844 per share, and 2 of the 9 models we run sit above the $868.95 price.
Bear case: the Dividend Discount group reads lowest at $264.77, and 7 of the 9 models stay below the price. Data coverage for this calculation is high.
Scenario range: $575.15 (bear) to $958.58 (bull), the price of $868.95 sits inside it. Bear and bull are the same models on cautious and optimistic assumptions, a range, not a price target.
Quality & growth
The Quality Score stands at 54/100 (solid quality), in the Financial Services sector.
Expensive Growth: The company is growing, but growth may require heavy reinvestment or weak cash conversion.
Goldman Sachs Group Inc reported revenue of $125B in FY2025 versus $65.0B in FY2021, a compound +17.8%/yr. Reported net income was $17.2B in FY2025, compounding −5.6%/yr from FY2021.
Key figures
Market cap $265B Mega · P/E ratio 12.5 · P/S ratio 3.73 · EPS (TTM) $69.55 · Dividend yield 2.1% · Net margin 31.2% · Return on equity 17.8% · Return on assets (EBIT) 1.1%.
Competitive moat
Our AI-assisted moat analysis scores the competitive advantage at 79 out of 100 (medium confidence).
What moves the price
The share trades about 24% below its 52-week high and 15% above its 52-week low, currently below its 200-day average.
For context, the median of 10 Financial Services peers we cover trades at −21% fair-value upside, at −12%, GS screens cheaper than that median.
Fair Value models
All 9 models by family
Quality Score breakdown
It rates the business: profits, how they develop, real cash, balance sheet, investing and share count.
Insider trades
In the last 6 months, 3 officers or directors sold shares worth $19.1M and none bought.
- SaleEricka T LeslieChief Administrative Officer5× since Jul 15, 2026: 1,525 shares, avg. $1,013$1.5MOct 28, 2026
- SaleDavid M SolomonChairman of the Board and CEO, Director3× since Jan 29, 2026: 15,742 shares, avg. $915.62$14.4MOct 27, 2026
- SaleDenis P. ColemanChief Financial Officer2× since Feb 9, 2026: 18,480 shares, avg. $953.44$17.6MMay 14, 2026
- SaleKathryn H. RuemmlerChief Legal Officer, GC3× since Jan 23, 2026: 24,564 shares, avg. $934.30$23.0MMay 6, 2026
- SaleSheara J FredmanChief Accounting Officer2× since Jan 23, 2026: 15,164 shares, avg. $927.43$14.1MMay 1, 2026
- SaleAlex S GoltenCHIEF RISK OFFICER3× since Feb 9, 2026: 4,523 shares, avg. $931.40$4.2MApr 23, 2026
- SaleJohn F.w. RogersExecutive Vice President15,855 shares at $959.37$15.2MFeb 11, 2026
- SaleCarey HalioGlobal Treasurer2× since Jan 23, 2026: 4,603 shares, avg. $924.67$4.3MJan 27, 2026
- SaleDavid A ViniarDirector2× since Jan 16, 2026: 68,186 shares, avg. $965.31$65.8MJan 16, 2026
Plus 6 other filings such as grants, option exercises or tax withholding. They are not market purchases or sales.
Sales are often planned (taxes, diversification, 10b5-1 plans). Purchases with their own money are seen as the stronger sign. For information only: not part of the quality score or Fair Value.
Source: SEC Form 4, as of Nov 5, 2026. All filings at the SEC ↗
Revenue & earnings trend
GS screens overvalued: fair value 12% below the price. Compare with Morgan Stanley →
Recent news
- Goldman Sachs weighs in on three Australian gold stocks
- Goldman Sachs BDC (GSBD) Misses Q3 Earnings and Revenue Estimates
- Goldman Sachs BDC: Q3 Earnings Snapshot
- Goldman Sachs BDC, Inc. Reports September 30, 2026 Financial Results and Announces Fourth Quarter 2026 Base Dividend of $0.32 Per Share
Compare Goldman Sachs Group Inc with another stock
Price, fair value, quality and upside side by side.
Peer GroupⓘHow this stock ranks against its industry: the green marker is this stock, the band is the typical 25–75% peer range, and the tick is the median.Capital Markets · 384 stocks
Valuation Multiplesvs Capital Markets median · lower = cheaper
Strength profile in five axes (Snowflake)
Context: sector, industry, market
- Is the Financials sector expensive or cheap?
- P/E, EV/EBITDA and margins by industry (reference tables)
- P/S ratio by industry
- EBIT margin by industry
- Piotroski F-Score screener with fair value
- Undervalued stocks: US Stocks
- Valuation of the USA market
Values & ESG
Does this company touch areas you may want to avoid? The classification is inferred from sector and industry.
Similar stocks
10 more Capital Markets stocks, each showing price versus our Fair Value estimate.
| Stock | Price | Fair Value | vs Fair Value | Compare |
|---|---|---|---|---|
| Morgan Stanley MS | $182.44 | $260.72 | +43% | vs GS |
| The Charles Schwab Corporation SCHW | $92.58 | $117.60 | +27% | vs GS |
| Guotai Haitong Securities Co 601211 | ¥16.67 | ¥18.02 | +8% | vs GS |
| Nomura Holdings NMR | $9.51 | $10.20 | +7% | vs GS |
| CITIC Securities Company 600030 | ¥25.98 | ¥20.42 | −21% | vs GS |
| Robinhood Markets, Inc HOOD | $78.39 | $47.60 | −39% | vs GS |
| Macquarie Group MQG | A$248.86 | A$123.84 | −50% | vs GS |
| Tradeweb Markets Inc TW | $127.56 | $49.65 | −61% | vs GS |
| East Money Information Co 300059 | ¥18.98 | ¥6.72 | −65% | vs GS |
| Interactive Brokers Group IBKR | $72.73 | $17.48 | −76% | vs GS |
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Key figures of Goldman Sachs Group Inc
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