The Goldman Sachs Group, Inc.

GS

US38141G1040

Investment Banking & Brokerage Services

Real-time Estimate Cboe BZX Other stock markets 14:33:33 2024-07-16 EDT			5-day change	1st Jan Change
503.7 ^USD	+2.33%		+6.34%	+30.33%

06:31pm	Ex-Goldman Sachs banker extradited to US from UK on bribery charges	RE
05:40pm	Goldman Sachs Set to Benefit From Recovery in Capital Markets, Oppenheimer Says	MT

Goldman Sachs reports $1.2 billion loss for platform solutions unit

January 13, 2023 at 06:21 am

(Reuters) - Goldman Sachs Group Inc booked a $1.2 billion pre-tax loss related to its newly formed platform solutions unit for the first nine months of 2022, the bank said on Friday.

The unit houses its transaction banking, credit card and financial technology businesses.

(Reporting by Niket Nishant and Saeed Azhar in Bengaluru; Editing by Shounak Dasgupta)

Latest news about The Goldman Sachs Group, Inc.

Ex-Goldman Sachs banker extradited to US from UK on bribery charges	12:31pm	RE
Goldman Sachs Set to Benefit From Recovery in Capital Markets, Oppenheimer Says	11:40am	MT
Equity traders fuel US bank profits as stock markets rally	09:11am	RE
BMO Capital Adjusts Price Target on Goldman Sachs to $373 From $360	08:44am	MT
Argus Adjusts Price Target on Goldman Sachs to $520 From $465	08:36am	MT
Oppenheimer Adjusts Price Target on Goldman Sachs to $559 From $504	08:34am	MT
Goldman Sachs to Reduce Buybacks in Q3 Due to Increased Stress Capital Buffer Requirement	07:00am	MT
Morgan Stanley Adjusts Price Target on Goldman Sachs Group to $513 From $475, Keeps Overweight Rating	05:53am	MT
Keefe Bruyette & Woods Adjusts Price Target on Goldman Sachs Group to $530 From $520, Keeps Outperform Rating	05:53am	MT
Citigroup Adjusts Price Target on Goldman Sachs Group to $485 From $460, Keeps Neutral Rating	05:53am	MT
HSBC Adjusts Price Target on Goldman Sachs Group to $527 From $493, Keeps Buy Rating	05:52am	MT
JPMorgan Adjusts Price Target on Goldman Sachs Group to $464 From $461, Keeps Overweight Rating	05:40am	MT
Barclays Adjusts Price Target on Goldman Sachs to $565 From $493, Keeps Overweight Rating	05:40am	MT
Evercore ISI Adjusts Price Target on Goldman Sachs Group to $520 From $475, Keeps Outperform Rating	05:40am	MT
Jefferies Adjusts Price Target on Goldman Sachs Group to $571 From $523, Keeps Buy Rating	05:29am	MT
Dow Closes at Record High After Fed Chair Powell's Remarks	07-15	MT
Dow Closes at Record High After Fed Chair Powell's Comments	07-15	MT
US Equities Markets Close Higher Monday After Fed Chair Powell Hints Rate Cut Ahead of Inflation Target	07-15	MT
Wall St ends higher as investors firm bets on Trump win	07-15	RE
Sector Update: Financial Stocks Advance Late Afternoon	07-15	MT
Stocks, Treasury yields gain as investors assess prospect of Trump win	07-15	RE
Wells Fargo Raises Goldman Sachs Group's Price Target to $550 From $504, Keeps Overweight Rating	07-15	MT
RBC Raises Goldman Sachs' Price Target to $500 From $435, Sector Perform Rating Maintained	07-15	MT
Equity Markets Rise Intraday After Fed Chair Powell's Comments	07-15	MT
S&P 500, Dow Hit Fresh Records as Dem, GOP Presidency Hopefuls Urge Unity After Assassination Attempt on Trump	07-15	MT

Chart The Goldman Sachs Group, Inc.

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The Goldman Sachs Group, Inc. specializes in investment services. Revenues break down by activity as follows: - investment services (47%): involved in the stock, interest, exchange, raw material, and other; - asset and wealth management (22.7%). The group is also makes investments in fast growing technology companies; - investment banking (18.5%): consulting for merger-acquisitions, stock operations, etc.; - others (11.8%). Revenues are distributed geographically as follows: Americas (60.5%), Europe/Middle East/Africa (27.2%) and Asia (12.3%).

Sector

Investment Banking & Brokerage Services

Calendar

2024-10-15 - Q3 2024 Earnings Release

Related indices

Dow Jones Industrial , S&P 500

More about the company

Income Statement Evolution

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Analysis / Opinion

Goldman's Solomon on France, Markets and Growth Strategy

May 13, 2024 at 12:06 pm

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Ratings for The Goldman Sachs Group, Inc.

Trading Rating

Investor Rating

ESG Refinitiv

C+

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Analysts' Consensus

Sell

Buy

Mean consensus

OUTPERFORM

Number of Analysts

Last Close Price

492.2 USD

Average target price

487.4 USD

Spread / Average Target

-0.98%

Consensus

EPS Revisions

Estimates Revisions

Quarterly earnings - Rate of surprise

Company calendar

Sector Other Investment Banking & Brokerage Services

	1st Jan change	Capi.
THE GOLDMAN SACHS GROUP, INC.	+30.33%	167B
MORGAN STANLEY	+14.06%	171B
CHARLES SCHWAB	-0.47%	137B
CITIGROUP INC.	+30.29%	124B
CITIC SECURITIES COMPANY LIMITED	-8.05%	34.83B
RAYMOND JAMES FINANCIAL, INC.	+3.80%	25.1B
LPL FINANCIAL HOLDINGS INC.	+6.98%	19.72B
NOMURA HOLDINGS, INC.	+55.03%	17.85B
CSC FINANCIAL CO., LTD.	-21.30%	17.44B
CHINA MERCHANTS SECURITIES CO., LTD.	+3.23%	15.5B

Other Investment Banking & Brokerage Services

The Goldman Sachs Group, Inc.

Equities

GS

US38141G1040

Investment Banking & Brokerage Services

Goldman Sachs reports $1.2 billion loss for platform solutions unit

EPS Revisions