Goldman Sachs (GS)
Advises, underwrites, trades and manages assets for institutions and wealthy clients.
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Advises and underwrites for corporations and governments, intermediates global fixed-income and equity markets, and manages assets and private wealth. Revenue is concentrated in institutional franchises, while residual consumer-card exposure is being wound down.
Advises on mergers and acquisitions, underwrites debt and equity, intermediates fixed-income, currency, commodity and equity markets, and provides financing through Global Banking & Markets.
Manages public and private-market strategies and serves wealthy clients through Asset & Wealth Management, earning asset-based fees, private-banking interest and investment returns. Operates across major financial centers, with the Americas providing most revenue and Europe, the Middle East, Africa and Asia the balance.
Uses advisory relationships to generate underwriting, financing, hedging and asset-management work across its institutional franchises. Platform Solutions comprises residual credit-card activities, including Apple Card accounts held for sale during the planned transfer to Chase, plus transaction banking. Results depend on capital-markets activity, client flows and asset values; bank and broker-dealer subsidiaries face extensive capital, liquidity and regulatory requirements.
Company facts
Target rangeAs of Sep 22, 2026
Latest analyst notes
| Date | Firm | Action | Prior | Current |
|---|---|---|---|---|
| Aug 3, 2026 | UBS | Reiterate | Rating: —Target: $1,120 | Target: $1,150 |
| Jul 21, 2026 | Goldman Sachs | Upgrade | ||
| Jul 21, 2026 | HSBC | Upgrade | ||
| Jul 20, 2026 | HSBC | Upgrade | Target: $604 | Target: $995 |
| Jul 16, 2026 | Goldman Sachs | Target | Target: $1,200 | Target: $1,300 |
EPSReportedEstimate
RevenueReportedEstimate
Balance sheet, Jun 30, 2026Cash & short-term investments $746.29B · Total debt $741.87B · Total assets $2.13T · Shareholders' equity $122.74B
- Revenue
- $38.43B
- Operating income
- $11.52B
- Net income
- $6.63B
HistoryDividendAnnual yield
| Institutions | 74.70% | 217.52M shares | |
|---|---|---|---|
| 3,301 holders · as of Jun 30, 2026 | |||
| Insiders | 0.40% | 1.17M shares | |
| 15 holders · as of Sep 1, 2026 | |||
| Other | 24.90% | 72.49M shares | |
| remainder | |||
291.17M company shares as of Sep 23, 2026 · institutions as of Jun 30, 2026 · holders as of their latest filing
Top shareholders13F · 13D/G · Form 4
| Holder | Stake | Shares | Date |
|---|---|---|---|
BlackRock, Inc.Institution | 8.21% | 23.90M | as of Jun 30, 2026 |
State Street CorpInstitution | 6.47% | 18.83M | as of Jun 30, 2026 |
Vanguard Capital Management LLCInstitution | 6.33% | 18.43M | as of Jun 30, 2026 |
JPMorgan Chase & CoInstitution | 2.76% | 8.04M | as of Jun 30, 2026 |
Vanguard Portfolio Management LLCInstitution | 2.48% | 7.22M | as of Jun 30, 2026 |
Insider tradesForm 4
| Date | Insider | Role | Shares | Avg price |
|---|---|---|---|---|
| Aug 28, 2026 | Ericka T. Leslie | officer: Chief Administrative Officer | −600 | $1,033.80 |
| Aug 4, 2026 | Ericka T. Leslie | officer: Chief Administrative Officer | −175 | $1,053.97 |
| Jul 15, 2026 | Ericka T. Leslie | officer: Chief Administrative Officer | −250 | $1,151.80 |
| May 14, 2026 | Denis P. Coleman | officer: Chief Financial Officer | −6,857 | $973.55 |
| May 6, 2026 | Kathryn H. Ruemmler | officer: Chief Legal Officer, GC | −14,292 | $939.07 |
- Morgan Stanley
Nearest full-service peer — head-to-head in IBD, markets, and wealth management.
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Dominant CIB franchise — #1 total IB fees across M&A, DCM, and ECM.
- Bank of America
#3 global investment bank — competes in markets, IB fees, and wealth management.
- Citi
Global institutional bank competing in FICC, equities, and IB advisory.
- BlackRock
World's largest asset manager — competes for institutional mandates vs. AWM.
- Evercore
Top independent M&A boutique — conflict-free rival in large-cap deal advisory.
- Lazard
Independent advisory firm — competing in M&A advisory and asset management.
Compare
| Company | Price | Change | |||||
|---|---|---|---|---|---|---|---|
| Goldman Sachs | $951.80 | +0.24% | $280.11B | 14.7 | 13.7 | 2.4 | +39.5% |
| Morgan Stanley | $200.61 | +0.21% | $315.79B | 16.3 | 15.2 | 2.5 | +36.8% |
| JPMorgan Chase | $340.02 | +0.01% | $911.03B | 14.6 | 14.1 | 3.1 | +27.8% |
| Bank of America | $56.33 | +0.22% | $398.83B | 12.9 | 11.5 | 2.0 | +19.3% |
| Citi | $132.93 | +0.35% | $227.17B | 14.3 | 11.4 | 1.3 | +14.3% |
| BlackRock | $1,069.44 | +0.26% | $165.33B | 25.5 | 17.9 | 6.1 | +30.6% |
| Evercore | $262.21 | −0.38% | $10.18B | 14.9 | 13.7 | 2.1 | +19.2% |
| Lazard | $36.80 | +0.53% | $3.57B | 17.6 | 11.5 | 1.1 | −2.7% |
| Median | 14.9 | 13.7 | 2.1 | +19.3% |