If you’ve been checking your portfolio lately and staring at that ticker symbol GS, you probably noticed things look a lot different than they did even six months ago. Honestly, the bank is on a bit of a tear. As of the market close on Friday, January 16, 2026, the price for Goldman Sachs stock sits at $962.00.
It’s been a wild ride. Just a year ago, we were looking at prices in the $580 range. Now? We're flirting with the thousand-dollar mark.
Understanding the current price of Goldman Sachs stock
So, what’s actually happening under the hood? It isn’t just some random meme-stock rally. The firm just dropped their full-year 2025 earnings on January 15, and the numbers were, frankly, kind of massive. They pulled in $58.28 billion in net revenue for the year.
Basically, the "Investment Banking" side of the house came roaring back. After a few quiet years where CEOs were too scared to merge or go public, the floodgates opened. Goldman is currently sitting at the number one spot for M&A advisory, helping companies move over $1.6 trillion in transaction volume in 2025 alone.
Key price metrics for January 2026
- Last Trade Price: $962.00
- 52-Week Range: $439.38 to $984.70
- Market Cap: $288.54 Billion
- P/E Ratio: 18.87
It's important to look at the P/E ratio, which is currently around 18.87. Historically, Goldman has traded at a much lower multiple—closer to 12. Some analysts, like the team over at Morningstar, think the price has gotten a bit ahead of itself. They actually have a "Fair Value" estimate closer to $700. That's a huge gap. On the flip side, Evercore ISI just hiked their price target to $1,075, betting that the earnings machine is just getting started.
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What is driving the GS price action?
Why is the market suddenly willing to pay a premium for a bank? You’ve got to look at their shift in strategy. For years, people criticized Goldman for being too volatile because they relied on trading. CEO David Solomon has been pivoting the ship toward more "durable" revenue—think wealth management and fees.
Management and other fees hit a record $3.1 billion last quarter. That's "sticky" money. Investors love sticky money. It’s predictable.
Also, the bank finally finished the messy divorce from its consumer business (like the Apple Card). This cleared a lot of the fog. Now, they’re lean. They're focused. They are returning a ton of cash to people who own the stock. They repurchased $3 billion in shares just in the last three months of 2025.
The Dividend Factor
If you're holding these shares, the "how much" question isn't just about the price on the screen. It's about the check they send you. The quarterly dividend was recently bumped to $4.50 per share. That is a 50% jump compared to where it was a year ago.
Risks to the $1,000 dream
It’s not all sunshine and tall buildings in Manhattan. There are some real headwinds.
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First, the Euro is expected to strengthen against the Dollar in 2026. Goldman has a huge international presence. If the dollar stays weak, it eats into the value of those European profits when they bring them back home.
Second, the market is "priced for perfection." When a stock hits a P/E that's 50% higher than its 10-year average, any small miss on earnings can cause a nosedive. We saw a bit of this on the 16th—the stock dipped about 1.4% even though the earnings report was generally strong. Investors are picky right now.
Is it too late to buy?
It depends on your timeframe. If you're a day trader, the volatility around these $980 highs is basically a heart attack waiting to happen. But if you’re looking at the long-term "flywheel" effect Solomon talks about, the growth in Asset & Wealth Management (which has over $3.6 trillion under supervision) is a massive tailwind.
They've increased their return on equity (ROE) to 16% for the fourth quarter. In the banking world, that’s top-tier efficiency.
Actionable Insights for Investors
- Watch the $985 Resistance: The stock has struggled to break cleanly above its 52-week high of $984.70. A solid close above $990 could signal a run to $1,100.
- Monitor Interest Rate Shifts: Goldman’s "FICC" (Fixed Income, Currencies, and Commodities) division thrives on volatility. If the Fed starts cutting rates faster than expected, the trading desks might see a dip in revenue.
- Check the Backlog: The "Investment Banking Backlog" is at its highest level in four years. This is basically a "work in progress" folder. As long as this stays full, the revenue for 2026 looks safe.
The bottom line is that while how much is goldman sachs stock is the question of the hour, the real story is whether the bank can maintain these "stretched" valuations. It’s a high-conviction play on the global economy. If you think big business is going to keep dealing and trading, Goldman is the toll booth that everyone has to pay.
Next Step: You can verify the latest real-time movements by checking the NYSE:GS ticker during market hours, as the $962 price point is based on the January 16, 2026 close.