The Goldman Sachs Group (0R3G) fair value: what the stock is really worth
As of Oct 2, 2026: fair value of The Goldman Sachs Group $346, price $904, upside -61.7%, quality 50 out of 100. Calculated from audited financials with 26 valuation models and 37 quality factors, updated daily.
69 individual criteria per stock, every one traceableSee the method →
Price vs Fair Value
White line = price, green steps = our fair value per fiscal year, dashed = 300-day average. As of Sep 29, 2026.
How to read this chart
60‑month range $141.03 – $1,143 · fair‑value band $259.64 – $432.74 · the $903.65 price screens above the $346.19 fair value. Dashed = 300-day average. As of Sep 29, 2026.
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. It operates through three segments: Global Banking & Markets, Asset & Wealth Management, and Platform Solutions.
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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. 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
The Goldman Sachs Group (0R3G) currently trades at $903.65, while our model-based Fair Value estimate is $346.19, 61.7% below the price, so the stock looks overvalued today.
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Valuation
How firm this estimate is: it rests on 12 models at a data quality of 95/100, which puts the evidence level at medium.
Scenario range: $259.64 (bear) to $432.74 (bull), the price of $903.65 sits above 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 50/100 (below-average quality), in the Financial Services sector.
Expensive Growth: The company is growing, but growth may require heavy reinvestment or weak cash conversion.
The Goldman Sachs Group reported revenue of $58.3B in FY2025 versus $59.3B in FY2021, a compound −0.4%/yr. Reported net income was $17.2B in FY2025, compounding −5.6%/yr from FY2021.
Key figures
Market cap $317B · P/E ratio 0.2 · P/S ratio 0.07 · EPS (TTM) $43.08 · Dividend yield 1.9% · Net margin 29.5% · Return on equity 17.0% · Return on assets 1.1%.
Competitive moat
Our AI-assisted moat analysis scores the competitive advantage at 42 out of 100 (low confidence).
What moves the price
The share trades about 21% below its 52-week high and 23% above its 52-week low, currently below its 200-day average.
For context, the median of 10 Financial Services peers we cover trades at −30% fair-value upside, at −62%, 0R3G screens richer than that median.
Fair Value models
Bear $259.64Fair Value $346.19Bull $432.74
Model ⓘEach model values the company its own way (discounted cash flow, earnings, assets, dividends). The fair value above is their evidence-weighted blend, not the output of a single model. Based on fiscal year 2025 figures (about 9 months old). Earnings retained since then ($19.72 per share) are deliberately not added.Bear ⓘBear = the cautious scenario: the same model computed with conservative anchors (lower growth, margins and valuation multiples). Together with Bull it frames a plausible valuation range, not a price target.BaseBull ⓘBull = the optimistic scenario: the same model computed with favourable anchors (higher growth, margins and valuation multiples). Together with Bear it frames a plausible valuation range, not a price target. If a model's bull case is above four times its base value, the table shows that limit with a > sign (like the overall Bull above): beyond it no assumption holds.Evidence ⓘEvidence = how well-backed THIS model's estimate is for this stock (0–100): how complete and reliable its input data are, and how well the model fits the company. The final Fair Value is an evidence-weighted blend, so better-evidenced models count more. Green ≥70, amber 50–69, grey below 50.
Growth Quality ⓘGrowth is valuable only when reinvestment earns attractive returns (Aswath Damodaran): sustainable growth depends on return on capital, reinvestment and efficiency. Basis: total company revenue over the periods shown on the cards (3Y/5Y/all years), not per share, so a merger can show up as a growth jump; per-share earnings growth is in the value-creation card.52/100
The company is growing, but growth may require heavy reinvestment or weak cash conversion.
Revenue growth 1 year
+8.9%
Revenue growth 3 years ⓘMeasures the company's TOTAL revenue from reported annual statements: compound average growth per year (CAGR) from the fiscal year 3, 5 or N years back to the most recent comparable fiscal year. Not per share: buybacks do not change this number, and a merger can appear as a growth jump. Per-share growth (which does include buybacks) is in the value-creation card.
+7.2%
’21
’22
’23
’24
’25
What shareholders gained per year (last 5 years) (mathematically smoothed) ⓘWhat the business itself delivers per year: earnings growth per share plus the dividend yield. This is what you get IF the market keeps valuing the stock the same way: it contains no assumption about the market changing its mind. Computed per share, so buybacks count and a merger does not pass as growth. For a company that pays no dividend it is pure earnings growth per share. Period: earnings growth per share as CAGR over the last 5 reported fiscal years (annual statements), plus the current dividend yield. The start value is the median of the three years around the start, so a single crisis year (a pandemic or a write-down) does not distort the rate. Smoothed = median of all growth paths between the years of the window (trend line on the logarithm of earnings per share): a single extreme year cannot distort the rate. The reported figure stays in the tooltip.
+8.5%
Earnings growth per share plus dividend.
Earnings per share, growth per year+6.6%
Dividend (yield on the price)1.9%
2025 sits 72% above its own trend. The rate follows the median trend of the last 5 years, not that single year.
For bloggers, editors and developers: paste this into your site or blog (a “Custom HTML” block in WordPress), it shows the current fair value and links back here. Free, plain HTML, and welcome. Full data streams (CSV/JSON) at /developers.
Cite: Fair Value Calculator (2026). "The Goldman Sachs Group Fair Value". https://www.fairvalue-calculator.com/stock/0R3G
Frequently asked questions
Is The Goldman Sachs Group (0R3G) overvalued or undervalued?
As of Sep 29, 2026, our model estimates a fair value of $346.19 versus a price of $903.65, about −62% upside (overvalued).
What is the fair value of 0R3G?
Our model-based fair value for The Goldman Sachs Group is $346.19 (as of Sep 29, 2026), built from audited fundamentals. The current price: $903.65.
What is the quality score of 0R3G?
The Goldman Sachs Group has a Quality Score of 50/100. It measures business quality (profitability, growth, cash flow, balance-sheet strength, investment discipline, share issuance). Market factors such as price momentum and volatility do not enter the number; they are shown separately in the detail view.
What is the price target for The Goldman Sachs Group (0R3G)?
Our model-based price target is the fair value of $346.19 (as of Sep 29, 2026) from 2 valuation models. Cautious scenario $259.64, optimistic scenario $432.74. It is a calculation from audited fundamentals, not an analyst target.
What is the The Goldman Sachs Group stock forecast for 2026?
Our models put fair value at $346.19, about −62% upside versus a price of $903.65 (overvalued). Cautious scenario $259.64, optimistic scenario $432.74. The calculation is refreshed regularly with new filings.
What is the revenue of The Goldman Sachs Group (0R3G)?
The Goldman Sachs Group reported trailing-twelve-month revenue of about $67.6B (latest available figure, as of Sep 29, 2026).
Does The Goldman Sachs Group pay a dividend?
The Goldman Sachs Group currently shows a dividend yield of about 1.88% relative to its recent price (as of Sep 29, 2026).
What is the intrinsic value of The Goldman Sachs Group (0R3G)?
Intrinsic value and fair value mean the same thing: what the business is worth on its numbers, independent of the share price. For The Goldman Sachs Group it is $346.19 per share (as of Sep 29, 2026), against a price of $903.65. It is the blended result of 2 valuation models (cash flow, earnings, asset, dividend).
Is The Goldman Sachs Group stock overvalued or undervalued in 2026?
As of Sep 29, 2026, 0R3G trades above its calculated fair value: price $903.65, fair value $346.19, a gap of about −62% (overvalued). The calculation is refreshed with each new quarterly report, so the verdict can change during the year.
Is fair value the same as the market price of 0R3G?
No. The price is what the market pays today ($903.65); the fair value is what the company's own numbers justify ($346.19). For The Goldman Sachs Group the two are $557.46 per share apart. That gap is exactly why we show both numbers side by side.
How much is The Goldman Sachs Group worth?
The market values The Goldman Sachs Group at about $317B (market capitalisation, as of Sep 29, 2026). Per share that is $903.65; our models calculate a fair value of $346.19 per share.
What do the bullish and bearish scenarios say about 0R3G?
Our models span a range for The Goldman Sachs Group: cautious scenario $259.64, base $346.19, optimistic $432.74 per share (as of Sep 29, 2026, price $903.65). The range comes from different growth and margin assumptions, not from analyst opinions.
How far is 0R3G from its 52-week high?
The Goldman Sachs Group trades at $903.65, about 21% below its 52-week high of $1,143 and 23% above the low of $734.79 (as of Oct 2, 2026). Distance from the high says nothing about value: that is what the fair value of $346.19 is for.
Which stocks are comparable to The Goldman Sachs Group?
From the same area (Financial Services) we also value Morgan Stanley, a financial holding company,, The Charles Schwab Corporation, Interactive Brokers Group, Robinhood Markets, Inc, among others. Each of them has its own fair-value calculation on this site using the same models, so the comparison is like for like.
Is The Goldman Sachs Group stock attractive at the current price?
The data as of Sep 29, 2026: price $903.65, calculated fair value $346.19 (−62%), Quality Score 50/100, from 2 models. Whether that fits your horizon and risk tolerance is your call. We provide the calculation, not investment advice.
How is the fair value of 0R3G calculated?
We run The Goldman Sachs Group through 2 models from four families: discounted cash flow, earnings models, asset and balance-sheet models, and dividend models. Every model gets the same audited fundamentals; the result is the weighted average of $346.19, with the spread shown as a cautious and an optimistic scenario.
Is it still worth investing in stocks now?
The global stock market currently sits 14.5 % above its aggregate fair value. The Goldman Sachs Group itself currently trades above fair value. An expensive market is no reason to stay out and no reason to buy everything at once: keep a broad savings plan running, buy single stocks only with money you can do without, and hold part of your money liquid while the market is high. The full picture including sectors is on is it worth investing now.
What is the share price of The Goldman Sachs Group (0R3G)?
The closing price on Oct 2, 2026 was $903.65. Our model-based fair value is $346.19, about −62% upside (overvalued). We carry closing prices from our data provider, not a live tick.
What should I pay attention to with The Goldman Sachs Group right now?
The price sits above even our optimistic bull case ($432.74). The favourable scenario is already priced in. Solid but not exceptional quality (50/100) and above fair value, neither a clear bargain nor a standout compounder. For a financial, book-value and earnings-based methods matter more than a cash-flow DCF, which fits banks and insurers poorly.
Key figures of The Goldman Sachs Group
How large is the market capitalisation of The Goldman Sachs Group (0R3G)?
The market capitalisation of The Goldman Sachs Group is $317B. The stock-market value of the whole company: share price times number of shares. It is what the market asks for the entire business today.
What is the P/E ratio of The Goldman Sachs Group (0R3G)?
The price-to-earnings ratio of The Goldman Sachs Group is 0.2 (as of Aug 5, 2026). Price to earnings: how many years of current profit you pay for the stock. A P/E of 10 means ten years of profit.
What is the P/S ratio of The Goldman Sachs Group (0R3G)?
The price-to-sales ratio of The Goldman Sachs Group is 0.07 (P/E × margin). Price to sales: market value relative to yearly revenue. Useful when profit is thin or distorted.
What are the earnings per share of The Goldman Sachs Group (0R3G)?
Earnings per share at The Goldman Sachs Group are $43.08 (price ÷ EPS = P/E 0.2). Earnings per share over the last twelve months: total profit spread across every single share.
What is the dividend yield of The Goldman Sachs Group (0R3G)?
The dividend yield of The Goldman Sachs Group is 1.9% (payout 39.5%). Yearly dividend relative to the share price. 3% pays 3 per 100 invested. Below: how much of profit is used for it.
What is the net margin of The Goldman Sachs Group (0R3G)?
The net margin of The Goldman Sachs Group is 29.5% (fiscal year 2025). How much of every unit of revenue ends up as profit. 10% means 10 cents of profit per dollar of sales.
What is the return on equity of The Goldman Sachs Group (0R3G)?
The return on equity (ROE) of The Goldman Sachs Group is 17.0% (last twelve months). Profit relative to shareholders' equity, how efficiently the company works with its owners' money.
What is the return on assets of The Goldman Sachs Group (0R3G)?
The return on assets (ROA) of The Goldman Sachs Group is 1.1% (last twelve months). Profit relative to everything the company owns. Harder to inflate than return on equity because debt does not boost it.
What is the operating margin of The Goldman Sachs Group (0R3G)?
The operating margin of The Goldman Sachs Group is 42.3% (last twelve months). Profit from the core business (before interest and taxes) relative to revenue.
How fast is revenue growing at The Goldman Sachs Group (0R3G)?
Revenue at The Goldman Sachs Group is growing +42.5% versus a year earlier (3y avg +7.2%). How much revenue grew versus a year earlier (YoY). The 3-year average next to it puts the single year in context.
How fast are earnings growing at The Goldman Sachs Group (0R3G)?
Earnings per share at The Goldman Sachs Group are growing +92.3% versus a year earlier. How much earnings per share grew versus a year earlier.
How much free cash flow does The Goldman Sachs Group (0R3G) generate?
The free cash flow of The Goldman Sachs Group is −$47.2B (fiscal year 2025). The cash truly left after running and investing in the business, this is what pays dividends and buybacks.
How much net debt does The Goldman Sachs Group (0R3G) carry?
The net debt of The Goldman Sachs Group is $220B (fiscal year 2025). Debt minus cash on hand. The note shows how many years of free cash flow could in theory pay it off.
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