Fool - Investing News·13h ago
If Stocks Tumble This Winter, History Says Investors Who Make This 1 Move Come Out AheadThree words sum up this historically successful investing strategy.
Goldman Sachs' earnings base is dominated by fee income, which supplied roughly 80% of total revenue in the latest quarter, and the efficiency ratio improved from 72.3% in 2025Q4 to 60.5% in 2026Q3, suggesting better operating leverage.
Price trend, volume and key moving averages
Start with the evidence for owning the stock and the risks that can break the thesis.
Revenue and margin performance is highly volatile, with non-interest income swinging from -$3.4B in 2026Q1 to $14.9B in 2026Q3, and net interest margin holding near 0.2% while the efficiency ratio improved to 60.5% in the latest quarter.
Goldman Sachs reported a record annualized EPS forecast of $57.70–$57.86 for 2026, reflecting a 12.7% year-over-year increase.
The firm is pivoting back to investment banking, with management projecting a stronger M&A environment in 2026, supported by a four-year high IB backlog.
Basel III revisions in March 2026 are expected to decrease capital requirements, potentially releasing billions for shareholder returns.
Recent insider selling by key executives could signal a lack of confidence in future stock performance.
Some analysts have downgraded the stock from 'strong-buy' to 'hold,' indicating a more cautious outlook.
The stock is trading at a premium P/E ratio compared to its industry average, suggesting it may no longer be a deep value play.
Trailing total returns as of 11/7/2026, which may include dividends or other distributions. Benchmark is S&P 500 (^GSPC).
Check whether operating performance supports the current valuation.
Recent results and news deserve attention only when they alter the forward view.
| Quarter | EPS (Act vs Est) | Revenue (Act vs Est) |
|---|---|---|
Q4 2026Latest Oct 13, 2026 | $17.01+32.3% vs $12.86 | $18.7B+11.0% vs $16.8B |
Q3 2026 Jul 14, 2026 | $20.98+44.3% vs $14.54 | $20.3B+25.3% vs $16.2B |
Q2 2026 Apr 13, 2026 | $17.55+6.6% vs $16.47 | $17.2B+1.4% vs $17.0B |
Q1 2026 Jan 15, 2026 | $14.01+19.7% vs $11.70 | $13.5B-7.3% vs $14.5B |
Three words sum up this historically successful investing strategy.
The 2026 U.S. midterm elections have reshaped Washington's political landscape, with Democrats securing control of both the House of Representatives and the Senate. The outcome introduces a divided government under President Donald Trump, potentially slowing the administration's financial deregulation agenda and increasing congressional scrutiny of the banking and financial services industry.
Compass Financial Management LLC lowered its position in shares of The Goldman Sachs Group, Inc. (NYSE: GS) by 19.2% in the third quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 2,592 shares of the investment management company's stock after selling 615 shares during the
Goldman Sachs stock has averaged a 20% annualized return over the past 10 years.
Benchmark GS against direct peers instead of judging its metrics in isolation.
Key metrics vs top competitors for The Goldman Sachs Group, Inc. (GS)
| Company | Price | Market Cap | P/E Ratio | Rev Growth (1Y) | Net Margin | ROE | Div Yield |
|---|---|---|---|---|---|---|---|
| $865.82 | $260.7B | 11.76 | 8.92% | 29.47% | 13.91% | 1.92% | |
| $181.44 | $286.18B | 17.79 | 14.48% | 26.15% | 17.15% | 2.28% | |
| $334.49 | $896.27B | 13.60 | 7.32% | 32.48% | 17.91% | 1.79% | |
| $49.42 | $350.71B | 11.25 | 11% | 26.12% | 10.69% | 2.56% | |
| $119.05 | $204.16B | 17.03 | 5.11% | 19.09% | 8.08% | 2.42% | |
| $119.50 | $94.14B | 30.80 | 21.87% | 22.58% | 16.4% | 6.44% |
The Goldman Sachs Group, Inc. (GS) vs competitors — business, growth, and fundamentals comparison against the closest industry rivals.
Verify the primary filings, follow material updates, and answer the remaining questions.
The Goldman Sachs Group, Inc. (GS) SEC filings — annual & quarterly reports (10-K, 10-Q)
Jul 21, 2026·SEC
Jul 20, 2026·SEC
Jul 14, 2026·SEC
Nov 2, 2026·SEC
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The Goldman Sachs Group, Inc. (GS) stock FAQ — growth, dividends, profitability & financials explained
The Goldman Sachs Group, Inc. (GS) grew revenue by 8.9% in fiscal year 2025, compared with the prior fiscal year.
Yes. The Goldman Sachs Group, Inc. (GS) earned $22.17B in net income over the trailing twelve months (a 31.8% net margin).
Yes. The Goldman Sachs Group, Inc. (GS) pays a dividend that yields 1.92% at the current price, a moderate yield.
The Goldman Sachs Group, Inc. (GS) had a return on equity (ROE) of 13.9% in fiscal year 2025. That is in line with the market's typical 10-15%.
The Goldman Sachs Group, Inc. (GS) has a net interest margin (NIM) of 0.7%. NIM has been under pressure due to interest rate environment.
The Goldman Sachs Group, Inc. (GS) has an efficiency ratio of 64.4%. This is reasonable for a bank.
