NAS10029,644+0.67%S&P7,651+0.17%GOLD$4,416+0.37%BTC$81,118+6.17%VIX14.81−4.08%live tape · as of 11:00 UTC
The Screen · Financials · Capital Markets
Goldman Sachs
GS · a US exchange · USD · Market cap $301.8B · 47,000 employees
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.
FAIL · Does not pass the screen
1,036.53 USD
At the last full screen 2026-09-08
Screened 2026-09-08 · the tape above runs as of 11:00 UTC · two dates, stated on purpose · verdict and workings shown in full · never trimmed
The Label · The Season, Not the Day
This name holds its distribution label.
Goldman Sachs holds its Distribution at $1,036.53. Consolidating, no directional conviction, held for 50 days.
As held on the ledger · 2026-09-08
Phase
Distribution · caution
Quantitative state
Consolidating, no directional conviction, held for 50 days
Price at the screen
$1,036.53
Valuation
15.99 trailing · 14.00 forward price to earnings
Values screen
FAIL· score 10.0
Beta
1.28
The Workings
Five Screens, Shown in Full
Does not pass. Business activity screen
Test
Figure
Limit
What it means
Status
Business activity
Excluded
Core business clean
Business activity: Financials sector
Fail
Five checks adapted from AAOIFI screening standards: business activity plus four balance-sheet ratios. All five must pass for ethical clearance. Every figure is arithmetic on public accounts, not judgement.
What the Numbers Say It Is Worth
The Fair Value Range
Our framework reads AVOID: it trades at roughly a 9% discount to our $1,130.24 fair value, moderate competitive moat, 42.50% revenue growth.
Fair value range in USD, drawn from the 2026-09-08 screen. The gold marker is the market price at the same screen. A 9.0% margin of safety to the base estimate.
Third-party analyst targets: 20 covering, consensus None. The average target sits +11% from the screen price.
Reading the gap · Both our model and the analysts see meaningful upside from here.
Price History & Projections
Where it has been, where the models see it going. History from market close data; projection points are our fair-value estimates and third-party analyst targets, dated to the 2026-09-08 screen.
Fair value and rating are our own model estimates; the Street's range reflects third-party analyst estimates. Analysis, not advice.
The Business, in Plain Words
Goldman Sachs, A Titan With Ethical Cracks
Goldman Sachs, the titan of Wall Street, is often synonymous with the financial markets. But as an investment, what does it look like? The numbers are strong; a 42% revenue growth paired with a robust 31% profit margin and a 17% return on equity, all indicating a well-oiled financial machine. The stock trades at a forward P/E ratio of 13.5x, which on the surface appears reasonable. However, our fair value estimate of $1130.24 suggests a 13% margin of safety, hinting at potential upside.
The market consensus is a 'hold' with a median target of $1150, slightly above our own valuation. Yet, this apparent opportunity is overshadowed by a crucial factor - ethics. Goldman Sachs fails our ethical screen due to certain business activities that do not align with our standards, a significant red flag for an investment that seeks to do well by doing good.
While the financial metrics may paint a picture of a sturdy investment, the ethical failings cast a long shadow. The risk here lies not in the numbers but in the principles. Investing should not only be about returns but also about the values we support. For those who prioritize ethics alongside returns, Goldman Sachs presents a dilemma. In this case, despite the numbers, the ethical failings are a deal-breaker. Analysis, not advice.
The risks · The things to watch: it carries a real debt load, which raises the stakes if revenue slips.
Plain-English interpretation of our own screen data. Analysis, not advice.
Where & How to Trade
GS trades on a US exchange. As a listed security it is accessible through almost any international broker offering its home market. New to this, or investing from abroad? Our guide to accessing global markets covers brokers, currencies and the practical steps.
The framework has shifted from markup to accumulation since the last review. Smart money appears to be quietly building positions. This typically precedes a markup phase. Price has moved down 5.6% since our last review. Ethical screening: FAIL. This security does not pass our values-based screening criteria. The risk-adjusted return profile shows excellent risk-adjusted returns. Our composite framework grades it B, carrying a low risk profile. Technically it is holding around 18% above its long-term trend line with momentum reading overbought. Over the past year the shares are up 66%. Our forward projection puts the odds of a 10% gain over the next month near 32%. The street (20 analysts) rates it hold, with a mean price target of $1142. Insiders have been net sellers over the past quarter.
2026-07-31Markup$1,061.23+2.2%Entry 4
The framework reads markup. Price is trending higher with momentum. The crowd has caught on and buyers are in control. Price has moved up 2.2% since our last review. Ethical screening: FAIL. This security does not pass our values-based screening criteria. The risk-adjusted return profile shows excellent risk-adjusted returns. Our composite framework grades it B, carrying a low risk profile. Technically it is holding around 18% above its long-term trend line with momentum reading overbought. Over the past year the shares are up 66%. Our forward projection puts the odds of a 10% gain over the next month near 32%. The street (20 analysts) rates it hold, with a mean price target of $948. Insiders have been net sellers over the past quarter.
2026-07-18Markup$1,038.68+0.0%Entry 3
The framework reads markup. Price is trending higher with momentum. The crowd has caught on and buyers are in control. Price has moved down 0.0% since our last review. Ethical screening: FAIL. This security does not pass our values-based screening criteria. The risk-adjusted return profile shows excellent risk-adjusted returns. Our composite framework grades it B, carrying a low risk profile. Technically it is holding around 18% above its long-term trend line with momentum reading overbought. Over the past year the shares are up 66%. Our forward projection puts the odds of a 10% gain over the next month near 32%. The street (20 analysts) rates it hold, with a mean price target of $948. Insiders have been net sellers over the past quarter.
2026-07-03Markup$1,038.68+0.0%Entry 2
The framework reads markup. Price is trending higher with momentum. The crowd has caught on and buyers are in control. Price has moved down 0.0% since our last review. Ethical screening: FAIL. This security does not pass our values-based screening criteria. The risk-adjusted return profile shows excellent risk-adjusted returns.
2026-07-02Markup$1,038.68Entry 1
The framework reads markup. Price is trending higher with momentum. The crowd has caught on and buyers are in control. Ethical screening: FAIL. This security does not pass our values-based screening criteria. The risk-adjusted return profile shows excellent risk-adjusted returns.
Each entry above was written on its date, before the outcome. A journal you can prune is not a journal.
