Why is GS stock up today?

GS is down 3.2% over five trading days, closing at $865.82 on Nov. 6, 2026. A move like this can come from the company itself or from a rally across its sector.

Below, we compare GS with its closest peers and check upcoming earnings and Fed dates. We also look at what Goldman Sachs Group Inc's insiders and SEC filings show.

The chart below tracks GS's daily closing price from May 13, 2026 to Nov. 6, 2026. Over that stretch it is down 8.5%, from $946.62 to $865.82, with a high of $1,146.35 on July 15, 2026 and a low of $865.82 on Nov. 6, 2026. Each red circle marks a week in which company insiders sold shares on the open market (6 weeks in this period; bigger circles mean more money). There are no green diamonds: no insider bought on the open market in this window.

What could be behind the GS move

Company filings in the last weeks include a 424B3 on Nov. 3, 2026 for a common stock offering prospectus. Another 424B3 filed on Nov. 3, 2026 covers a common stock offering prospectus. A third 424B3 on Oct. 5, 2026 also covers a common stock offering prospectus.

Across the broader market, the backdrop is an uptrend under stress, with the VIX volatility index at 28.18. The Federal Reserve's next rate decision is on Dec. 9, 2026, 30 days away. Market pricing puts the odds at 21% for a hold, 78% for a hike and 2% for a cut.

Also worth knowing about GS

Live GS data, updated every 30 minutes: GS insider trades, ownership and filings →

What would change the picture for GS

These are the specific events and levels to watch. None of them is a prediction.

• Insider buying: none on the open market in 90 days. A purchase by an executive or director would be the first in at least three months. It would show up on SEC Form 4 within two business days.
• Analyst ratings: the average score moved from 3.62 to 3.59 over three months. The scale runs from 1 for strong sell to 5 for strong buy. A run of downgrades after earnings usually shows up here first.
• Price levels: a close above $1146.35 would mark a new 52-week high, 32.4% above the latest close of $865.82. A close below $758.86 would mark a new 52-week low, 12.4% below that level.
• Growth: revenue rose 18.7% year over year in the quarter ending Sep 2026, with an accelerating trend. At a P/E of 12.5, a slowdown would matter more than at a lower multiple.
• New shares: dilution risk is moderate now. A new shelf registration (S-3) or a prospectus supplement (424B) for an offering would raise it.

How GS compares with its peers

Over the past month GS ranks 3 of 6 in this group (-1.9%); the best was WFC (+2.9%) and the weakest BAC (-7.8%).

GS's P/E of 12.5 is below the peers' median of 14.0, so investors pay less for each dollar of its profit.

GS history: what happened after similar moves

Since 2023, GS fell 10% or more in a month 5 times (separate episodes, not counting the current one). Three months later it was higher in 4 of 4 cases; the median change was +29.5%.

Past moves don't predict the next one; they show how volatile the stock has been.

Questions people also ask

What is GS's 52-week high and low?

Over the past year, GS closed as high as $1146.35 and as low as $758.86. At $865.82 on Nov. 6, 2026, the stock sits 24.5% below the high and 14.1% above the low. More →

Do analysts think GS is a buy?

15 of the 32 analysts covering Goldman Sachs Group Inc rate it a buy or strong buy, for a consensus of Hold. These ratings describe analysts' views, not a guarantee, and they change after earnings. More →

Is Goldman Sachs Group Inc issuing new shares?

Dilution risk reads moderate (25/100). The share count fell 3.8% in a year. 1 offering-related filing(s) in 12 months underlies that reading.

Is Goldman Sachs Group Inc profitable?

Yes. Goldman Sachs Group Inc had $69.7 billion of revenue over the last 12 months. Its net margin was 31.8%, and its P/E was 12.5. More →

Does GS pay a dividend?

Yes: $18.00 per share over the last 12 months, about 2.08% at today's price.

Who is the largest shareholder of GS?

Among investment managers that file Form 13F, BlackRock Inc. reported the largest GS position at $24.2 billion. 3162 institutions reported holding GS for Q2 2026. More →

Dates to watch for GS

Insider trades can come any day: they must be filed on Form 4 within two business days.

Key terms on this page

P/E ratio

Price divided by the last 12 months of earnings per share. A P/E of 20 means investors pay $20 for each $1 of yearly profit. It is only defined when the company is profitable.

Form 4

The SEC form a company's officers, directors and 10% owners must file within two business days of buying or selling its stock.

Open-market trade

A purchase or sale on the exchange at the market price, paid with the insider's own money (code P or S on Form 4), as opposed to option exercises, grants or gifts.

Form 13F

A quarterly SEC report listing the U.S. stock holdings of every investment manager with more than $100 million. It is due 45 days after each quarter ends, so it shows positions with a delay.

Dilution

When a company issues new shares, each existing share owns a smaller piece of the company. Common sources: stock offerings, convertible debt and large stock-based pay.

52-week high / low

The highest and lowest daily closing price over the past year (about 252 trading days).

Analyst consensus

The average of Wall Street analysts' ratings (strong buy to strong sell). Analysts skew positive, so a hold is often read as a cautious view.

Where these numbers come from

Every number on this page is computed from the data when the page is refreshed (usually daily); nothing is typed in by hand. This is information, not investment advice.

• Price: daily closing prices run through Nov. 6, 2026. Changes use 5, 21 and 63 trading days. The 52-week range uses the last 252 closes.
• Insider trades: SEC Form 4 filings cover the last 90 days. The count includes only open-market purchases (code P) and sales (code S). The count excludes option exercises, grants, gifts and filings with data errors.
• Analyst ratings: this section counts current ratings from 32 analysts, compared with three months ago.
• Earnings dates and estimates: this item draws on a market-data calendar and compares reported vs expected EPS for the last 4 quarters.
• Valuation and growth: revenue, earnings, margins and share counts come from the company's SEC filings. The data uses XBRL for the latest quarter ending Sep 2026. P/E and price/sales use the latest close.
• Fund ownership: this item uses SEC Form 13F filings for Q2 2026.
• Dilution: this item tracks share-count changes and offering-related SEC filings over two years, scored 0-100. The filings include shelf registrations, prospectus supplements and convertible notes.
• History: this item counts 21-trading-day moves over about three years of daily closes, once per episode.