Feed / GS

The Goldman Sachs Group, Inc.

GS

Financial Services · 1,028.89 +0.9% today

Isolated · not yet confirmedMarket checked 11 Sept, 15:55 GMT-4

Market read

The Goldman Sachs Group, Inc.'s current read is isolated; its market group is not confirming.

No new filing conclusion is available. 0 of 6 group members are active now; 0 filing-linked outsiders are moving with the group, and 0 of 28 directly disclosed connections are confirming.

Company+0.9% todayVolume comparison unavailable
Market group0 of 6 activeCapital Markets · unavailable
Disclosed network0 of 8 confirmingNo filing-linked name is confirming now
What would change this read
  • Quarterly net interest income and year-over-year change (Q1 2026 $3.56B, 23% higher than Q1 2025) reflecting higher interest income partially offset by higher interest expense.

Invalidation: The isolated read changes if GS's group or a disclosed connection begins moving with it.

Watch this read

Research brief

The story so far

Financial Services · Capital Markets

No new filing conclusion is available. 0 of 6 group members are active now; 0 filing-linked outsiders are moving with the group, and 0 of 28 directly disclosed connections are confirming.

Evidence that supports

No thresholded supportive filing evidence is available yet.

Evidence that challenges

No thresholded adverse filing evidence is available yet.

What would clarify the read
  • Quarterly net interest income and year-over-year change (Q1 2026 $3.56B, 23% higher than Q1 2025) reflecting higher interest income partially offset by higher interest expense.

Company research

Understand the business, not just the ticker

As of Sep 12, 2026
Brokerage and capital-markets earnings model

For brokers and capital-markets platforms, the key question is how client activity, interest rates, customer balances, margin lending and market conditions translate into earnings and capital needs.

Key research questions
  • Can client and activity growth offset pressure from lower rates or weaker trading volumes?
  • Are customer balances, margin lending and credit conditions changing the risk profile?
  • Does the valuation reflect a durable earnings model or unusually favorable market conditions?
Annual periods0
Price observations602
Usable filing statements406
Verified relationships13
Evidence supporting the case
  • Demand and volume has repeated favorable evidence across 5 filings.
  • Macroeconomic conditions has repeated favorable evidence across 4 filings.
  • Tariffs and trade policy has repeated favorable evidence across 4 filings.
Evidence challenging the case
  • Credit and interest rates has repeated adverse evidence across 5 filings.
  • Energy and commodity prices has repeated adverse evidence across 5 filings.
  • Foreign exchange has repeated adverse evidence across 5 filings.
Questions before a position

No credible peer-relative valuation comparison is available yet.

Longer-term price context

Price as of Sep 11, 2026

1,028.89
6m+30.6%12m+33.7%24m+114.4%

What management says matters

Persistent and emerging business drivers

Credit and interest ratesmixed · 5 filings
The net cash provided by financing activities primarily reflected cash inflows from net issuances of unsecured borrowings and deposits (reflecting increases across all sources, primarily in consumer deposit, transaction banking deposit and other deposit balan…
10-Q · Aug 3, 2026
Demand and volumepositive · 5 filings
As of June 2026, our Investment banking fees backlog increased compared with December 2025, reflecting higher estimated net revenues from potential advisory transactions.
10-Q · Aug 3, 2026
Foreign exchangenegative · 5 filings
The increase in cash and cash equivalents as a result of changes in foreign exchange rates was due to the U.S.
10-Q · Aug 3, 2026
Macroeconomic conditionspositive · 4 filings
The operating environment for Platform Solutions is mainly impacted by the economic environment in the U.S., which, during the first quarter of 2026, was generally characterized by concerns about inflation and uncertainty related to changes in international t…
10-Q · May 1, 2026

Valuation discipline

Descriptive valuation snapshot

Price/sales · EV/sales . Comparisons use only industry-matched filing peers.

Scenario scaffold

Scenarios are withheld for Financial Services until sector-specific earnings and capital metrics are available; generic revenue/P/S scaffolds would be misleading.

Price action

How the market is pricing the story

1,028.89+0.9% today

Jodie does not have enough daily observations to draw a useful short-term chart for this asset. The latest quoted price was checked 11 Sept, 15:55 GMT-4; this is a coverage limitation, not a flat-price conclusion.

Developments

No sourced recent-development timeline yet

Jodie has not returned a relevant primary source or news item for GS. This is an evidence-coverage gap, not a conclusion that nothing material happened.

Business and financial condition

Reported financial figures are not available yet

Jodie has not returned structured SEC XBRL fundamentals for this asset. This is a coverage limitation, not an assessment of the business or its financial health.

Filing analysis

No comparable filing assessment is available yet

Jodie has not yet found a suitable current-versus-prior filing comparison for GS. This does not mean the latest filing was neutral or immaterial.

Business ecosystem

The relationships behind GS

Customers, suppliers, partners and competitors named in company filings—not inferred from headlines.

Depends on

MCSFiling-linked namecustomerOct 31, 2025

We also raise deposits from consumers through Marcus by Goldman Sachs (Marcus).

MCSFiling-linked namedistributorOct 31, 2025

Consumer deposits consist of deposits from both Marcus and Apple Card customers.

Depended on by

VRSKVerisk Analytics, Inc.supplierApr 29, 2026

We have a syndicated revolving credit facility ("Syndicated Revolving Credit Facility") with a borrowing capacity of $1,250.0 million with Bank of America N.A., HSBC Bank USA, N.A., The Toronto-Dominion Bank, N.A., Wells Fargo Bank, National Association, JPMo…

Filing peers

Companies whose filings use similar operating language.

Open the three relationships above to see Jodie’s filing proof. Pro unlocks 29 more links, every receipt, and alerts when connected names begin moving. Unlock the full network →

What is moving around it

Live connections

GS is currently a Leader in the organic co-movement group Capital Markets. This group is discovered from market behaviour rather than assigned from an industry taxonomy. 3 filing-linked names are in the relationship map; none is currently confirmed as moving with the group.

Context history

Theme membership history

No durable theme membership has been observed for this name yet.