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How to Buy Goldman Sachs Stock

Goldman Sachs Group Inc

Goldman Sachs is a capital market company located in New York, United States, which is part of the Financial Services sector, and is traded under the ticker GS on the NYSE exchange.

Goldman Sachs stock last closed at $492.23, up 2.57% from the previous day, and has increased 50.44% in one year. It has overperformed other stocks in the Capital Markets industry by 0.21 percentage points. Goldman Sachs stock is currently +70.11% from its 52-week low of $289.36, and -0.16% from its 52-week high of $493.00.

As of Jul 15, 2024, there are 322.46M GS shares outstanding. The market value of GS is $158.73B. In the last 24 hours, 3.45M GS shares were traded.

How to Buy Goldman Sachs Stock

Wondering how to invest in Goldman Sachs stock? Here's how.
  1. Choose where to buy Goldman Sachs stock: You need to pick an online brokerage, but don't worry - we've tested dozens of online stock brokerages and apps to help you determine where to buy Goldman Sachs stock.
  2. Create a brokerage account: Sign up for 0% fee trading with the highest-rated brokerage we've selected.
  3. Put funds into your brokerage account: Choose your method of payment and add your information.
  4. Evaluate Goldman Sachs stock: The Goldman Sachs ticker symbol is GS. Is Goldman Sachs stock a good investment? Should you buy shares of GS? How do GS's underlying business fundamentals look? Do top analysts think Goldman Sachs is a good buy? Why has GS's stock price moved recently? (Hint: Our stock research tools can help you figure out if GS is a good stock to buy).
  5. Make your GS purchase: Decide if you will purchase GS shares at the current market price or use a limit order to buy GS shares at a given price.
  6. Get the latest news on your GS investment: Create a watchlist to important updates regarding your position in Goldman Sachs shares.

Step 1: Choose where to buy Goldman Sachs stock

You will need an online brokerage account in order to access the NYSE market and buy GS stock.

A brokerage account is an investment account that enables you to buy and sell a number of investments, such as stocks, bonds, mutual funds, and ETFs.

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Step 2: Create a brokerage account

Now that you've picked the right brokerage, it's time to fill out some personal info so you are able to buy GS stock today.

How to Set Up a New Brokerage Account on eToro

  1. Click here to get started.
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  2. Input your personal info to start a new trading account.
  1. Send your info by clicking the "Create Account" button.
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    eToro is a multi-asset investment platform. The value of your investments may go up or down. Your capital is at risk.

Step 3: Put funds into your brokerage account

Now that you've finished signing up on the best investment app, you need to deposit funds:

Watch the tutorial below if you need help transferring funds into your new investment account.

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eToro is a multi-asset investment platform. The value of your investments may go up or down. Your capital is at risk.

Step 4: Evaluate Goldman Sachs stock

After you have identified the best place to buy Goldman Sachs stock, it's important to analyze their stock before you invest, so you can wrap your head around the risk and opportunity.

Goldman Sachs stock at a glance

GS Price
$492.23
1w %
5.9%
1y %
50.44%
5y %
132.64%
P/E
19.07x
P/B
1.34x
P/S
3.42x
PEG
0.9x
Revenue
$48.24B
Earnings
$8.75B
Fore. Rev. Growth
5.38%
Fore. Earn. Growth
23.63%
Market Cap
$158.73B
Next Earnings
N/A
Next Dividend
N/A

Goldman Sachs Due Diligence Checks

WallStreetZen was built to help part-time investors do more accurate fundamental analysis.

You can view all of the due diligence checks on GS's stock page.

Is GS stock undervalued or overvalued?

Investors use many financial metrics, analyses, models, and charts to gauge GS's true value.

Using relative valuations methods:

  • GS could be overvalued based on its P/E ratio of 19.07x, relative to Capital Markets industry P/E ratio of 12.72x
  • GS could be undervalued based on its P/B ratio of 1.34x, relative to Capital Markets industry P/B ratio of 2.02x
  • GS could be undervalued based on its PEG ratio of 0.9x

You can do more valuation analysis on GS's stock here.

GS Financials at a glance

Failed Health Checks:

  • GS has a relatively high debt to equity ratio of 13.33.
  • GS profit margin has gone down from 21.5% to 18.1% in the past year.
  • Total GS debt is higher than 5 years ago, relative to shareholder equity.

Is Goldman Sachs stock a Buy, Hold, or Sell, according to analysts?

Out of 15 Equities analysts who give ratings on GS, the consensus analyst rating on GS is a Strong Buy

Please note that analyst forecasts are not recommendations, nor are they investment advice.

Most Recent GS Analyst Upgrades/Downgrades

Chris Kotowski, a top 1% analyst from Oppenheimer maintains GS with a buy rating and raises their GS price target from $479.00 to $517.00, on Apr 30, 2024.

Saul Martinez, a top 23% analyst from HSBC maintains GS with a strong buy rating and raises their GS price target from $460.00 to $470.00, on Apr 16, 2024.

Keith Horowitz, a top 6% analyst from Citigroup maintains GS with a hold rating and raises their GS price target from $410.00 to $425.00, on Apr 16, 2024.

James Fotheringham, a top 8% analyst from BMO Capital maintains GS with a hold rating and raises their GS price target from $349.00 to $360.00, on Apr 16, 2024.

Kian Abouhossein, a top 36% analyst from JP Morgan maintains GS with a strong buy rating and raises their GS price target from $424.00 to $433.00, on Apr 16, 2024.

You can dive deeper into what analysts are forecasting on the Goldman Sachs stock forecast page.

GS Momentum

SMA10
472.98
SMA20
463.29
SMA50
458.16
SMA100
430.2
SMA200
390.22
MACD
8.2
MACD Signal
5.42
MACD Histogram
2.78
RSI
72.65
Stochastic %K
93.32
Stochastic %D
92.09
StochRSI %K
100
StochRSI %D
100

Is GS Growing Revenue?

Last year, GS earnings were $8.75B. During the past five year, GS's earnings have grown by 1.27% per year. This was slower than the Capital Markets industry average of 8.62%.

Last year, GS revenue was $48.24B. Over the last five year, GS's revenue has gone up by 6.42% per year. This was slower than the Capital Markets industry average of 16.37%.

You can research GS's earnings and revenue performance here.

Are GS executives and large shareholders buying or selling the stock?

Over the past year, executives and large shareholders at GS have sold more shares than they have bought.

John Fw Rogers, Executive Vice President of GS, was the latest GS insider to sell. They sold $167,015.31 worth of GS shares on May 16, 2024.

Dig into more about who owns GS shares here.

Does GS provide a stable income stream?

No, Goldman Sachs doesn't provide an income stream by paying out dividends.

GS Social Trading Data

One of the primary reasons eToro is our highest-rated brokerage is because of its social trading community.

Click below to find out what other traders have to say.

Step 5: Make your GS purchase

There are two main options:

  • Market order: A market order is an order to buy or sell a security at the best available price.
    Market orders are mostly fine for most investors.
  • Limit order: A limit order allows you to buy or sell a stock at a specific price (or better).
    If you want to be certain you're buying or selling at a specific dollar amount, place a limit order.

Press the Open Trade button and your broker will place your order.

If you want additional help buying stocks on eToro, watch the helpful video below:

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Step 6: Get the latest news on your GS investment

Now that you own some GS shares, you'll want to stay up-to-date on your new stock purchase.

Put GS on a watchlist to get the latest updates about your GS stock.

GS Feed

How to Buy Stock in Goldman Sachs

To reiterate, here are the 6 steps to buy stock in Goldman Sachs:

  1. Choose where to buy Goldman Sachs stock
  2. Create a brokerage account
  3. Put funds into your brokerage account
  4. Evaluate Goldman Sachs stock
  5. Make your GS purchase
  6. Get the latest news on your GS investment

If you require a place to buy stocks, eToro is our favorite option.

Get Started with eToro Today
eToro is a multi-asset investment platform. The value of your investments may go up or down. Your capital is at risk.

If you want to get the latest scoop on your new investment in Goldman Sachs, create your watchlist below.

NYSE: GS
$492.23+12.35 (+2.57%)
Updated Jul 15, 2024
Open eToro Account
NYSE: GS
$492.23+12.35 (+2.57%)
Updated Jul 15, 2024
Open eToro Account

FAQ

How much does it cost to buy one Goldman Sachs share?

As of Jul 15, 2024, it costs $492.23 to buy one share of Goldman Sachs stock.

Remember, eToro's fractional share buying allows you to buy partial shares of stocks and ETFs. Even if you only have $100, you can buy 0.203 shares of GS.

Get Started with eToro Today
eToro is a multi-asset investment platform. The value of your investments may go up or down. Your capital is at risk.

Is now a good time to buy Goldman Sachs stock?

According to 15 Wall Street analysts who monitor Goldman Sachs, their consensus recommendation is to buy Goldman Sachs stock.

What is the best way to buy Goldman Sachs stock?

One way to place an order for Goldman Sachs stock is with a brokerage account.
WallStreetZen does not provide financial advice and does not issue recommendations or offers to buy stock or sell any security.

Information is provided 'as-is' and solely for informational purposes and is not advice. WallStreetZen does not bear any responsibility for any losses or damage that may occur as a result of reliance on this data.