GS
The Goldman Sachs Group, Inc.
GS's fundamentals are strong: revenue grew 19% and its operating margin rose 4 points to 40%. Its PE isn't a useful guide right now because of how its recent earnings were reported.
HUT
Hut 8 Corp.
There isn't enough reported data to score HUT yet.
GS Fundamentals
| Metric | Status |
|---|---|
| Strong | |
| Strong | |
| N/A | |
| N/A |
GS's revenue and profitability are currently strong. Free cash flow and net leverage aren't meaningful measures for financial services companies like GS.
HUT Fundamentals
| Metric | Status |
|---|---|
| Healthy | |
| Weak | |
| N/A | |
| N/A |
HUT's revenue is currently healthy, but its profitability is weak. Free cash flow and net leverage aren't meaningful measures for financial services companies like HUT.
GS PE Valuation
| Level | PE | Price | Vs current |
|---|---|---|---|
| Cheap | 7.6x | $528 | -42% |
| Current | 13x | $914 | — |
| Forward | 13x | $914 | — |
| Fair | 14x | $940 | +2.9% |
| Expensive | 17x | $1,214 | +33% |
Historical ranges are pointers, not guarantees.
GS's PE is 13x, but its earnings don't support one, so it isn't a reliable read right now.
HUT PE Valuation
HUT has no meaningful PE right now: it lost money over the past year.
GS Forward outlook
| Metric | Outlook |
|---|---|
| Stable | |
| Strong growth | |
| Growth | |
| Strongly improving | |
| Limited | |
| Low |
Analysts expect earnings and revenue growth for GS, with profitability improving. However, they disagree widely on these estimates.
HUT Forward outlook
| Metric | Outlook |
|---|---|
| -- | |
| Losses growing | |
| Strong growth | |
| -- | |
| Limited | |
| Low |
Analysts expect HUT's losses to grow, with revenue growing. However, they disagree widely on these estimates.
GS Earnings Per Share
| Quarter | TTM EPS | YoY |
|---|---|---|
| Forward | $72.35 | +4% |
| Q3 2026 | $69.58 | +41% |
| Q2 2026 | $64.82 | +43% |
| Q1 2026 | $54.75 | +27% |
| Q4 2025 | $51.32 | +27% |
| Q3 2025 | $49.22 | +44% |
| Q2 2025 | $45.37 | +45% |
| Q1 2025 | $43.08 | +68% |
| Q4 2024 | $40.54 | +77% |
GS has the edge over HUT on earnings quality, reporting a profit while its opponent remains loss making.
HUT Earnings Per Share
| Quarter | TTM EPS | YoY |
|---|---|---|
| Q3 2026 | -$4.72 | -374% |
| Q2 2026 | -$5.27 | -505% |
| Q1 2026 | -$2.82 | -$2.16 |
| Q4 2025 | -$2.14 | -163% |
| Q2 2022 | -$1.92 | -242% |
| Q1 2022 | -$0.28 | -118% |
| Q4 2021 | $0.35 | -45% |
| Q3 2021 | $1.37 | +$2.22 |
HUT has swung to a loss: it lost $4.72 per share over the past year, after a profit the year before.
GS Quarterly Revenue
| Quarter | Revenue | YoY |
|---|---|---|
| Q3 2026 | $18.7B | +23% |
| Q2 2026 | $20.3B | +39% |
| Q1 2026 | $17.2B | +14% |
| Q4 2025 | $13.5B | -3% |
| Q3 2025 | $15.2B | +20% |
| Q2 2025 | $14.6B | +15% |
| Q1 2025 | $15.1B | +6% |
| Q4 2024 | $13.9B | +23% |
GS's revenue is growing: $18.7B last quarter, up 23% from the same quarter a year ago.
| Quarter | Margin | YoY |
|---|---|---|
| Q3 2026 | 37% | +2 points |
| Q2 2026 | 42% | +8.1 points |
| Q1 2026 | 38% | +0.2 points |
| Q4 2025 | 44% | +5.6 points |
| Q3 2025 | 36% | +4.1 points |
| Q2 2025 | 34% | +3.2 points |
| Q1 2025 | 37% | +0.6 points |
| Q4 2024 | 38% | +18 points |
GS's operating margin was 37% last quarter, up 2 points from the same quarter a year ago.
HUT Quarterly Revenue
| Quarter | Revenue | YoY |
|---|---|---|
| Q3 2026 | $71.1M | -15% |
| Q2 2026 | $74.9M | +81% |
| Q1 2026 | $71M | +226% |
| Q4 2025 | $88.5M | +179% |
| Q3 2025 | $83.5M | +91% |
| Q2 2025 | $41.3M | +17% |
| Q1 2025 | $21.8M | -58% |
| Q3 2024 | $43.7M | +102% |
HUT's revenue is growing: $71M last quarter, down 15% from the same quarter a year ago.
| Quarter | Margin | YoY |
|---|---|---|
| Q3 2026 | 448% | +361 points |
| Q2 2026 | -275% | -730 points |
| Q1 2026 | -522% | +155 points |
| Q4 2025 | -491% | -1381 points |
| Q3 2025 | 87% | +91 points |
| Q2 2025 | 455% | +701 points |
| Q1 2025 | -677% | -1193 points |
| Q4 2024 | 889% | +893 points |
HUT has the edge over GS on profitability, with a higher operating margin.
GS Free Cash Flow
| Quarter | Free cash flow | YoY |
|---|---|---|
| Q3 2026 | $3.7B | +72% |
| Q2 2026 | $5.6B | +7.8% |
| Q1 2026 | -$32.4B | +$5.3B |
| Q4 2025 | -$16.8B | -136% |
| Q3 2025 | $2.1B | +$40.6B |
| Q2 2025 | $5.2B | -6.8% |
| Q1 2025 | -$37.7B | -$9.2B |
| Q4 2024 | $46.2B | +$75.1B |
GS's free cash flow was −$40B over the past year, against $15.8B the year before. Free cash flow isn't a meaningful measure for financial services companies like GS.
HUT Free Cash Flow
| Quarter | Free cash flow | YoY |
|---|---|---|
| Q3 2026 | $27.8M | +3512% |
| Q2 2026 | -$5.6M | +$43.2M |
| Q1 2026 | -$27.2M | +$6.6M |
| Q4 2025 | -$57.4M | -$35.7M |
| Q3 2025 | $770K | +$5M |
| Q2 2025 | -$48.8M | -$32.4M |
| Q1 2025 | -$33.8M | -$7.5M |
| Q3 2024 | -$4.2M | -291% |
HUT's free cash flow was −$62M over the past year, against −$104M the year before. Free cash flow isn't a meaningful measure for financial services companies like HUT.
GS Total Shares
| Period | Change % | Net change |
|---|---|---|
| Quarterly | -1.2% | -3.8M shares |
| 1 year | -4.4% | -13.9M shares |
| 3 years | -12% | -42.8M shares |
| 5 years | -15% | -52.8M shares |
| Available history | -20% | -74.4M shares |
GS has the edge over HUT on shareholder dilution, with a more favorable share count trend.
| Quarter | Spent |
|---|---|
| Q3 2026 | $3B |
| Q2 2026 | $4B |
| Q1 2026 | $5B |
| Q4 2025 | $3B |
| Q3 2025 | $2B |
| Q2 2025 | $3B |
| Q1 2025 | $4.4B |
| Q4 2024 | $2B |
GS spent $15B buying back its own shares over the past year, up 32% from the year before.
HUT Total Shares
| Period | Change % | Net change |
|---|---|---|
| Quarterly | +13% | +15.5M shares |
| 1 year | +10% | +12.2M shares |
| 3 years | +217% | +91.7M shares |
| 5 years | +575% | +114M shares |
| Available history | +746% | +118M shares |
HUT has 134M diluted shares, up 10% from a year ago.
| Quarter | Spent |
|---|---|
| Q1 2023 | — |
| Q4 2022 | — |
| Q3 2022 | — |
| Q2 2022 | — |
| Q1 2022 | — |
| Q4 2021 | — |
| Q3 2021 | — |
| Q2 2021 | — |
GS Net Leverage
| Quarter | Net Leverage | Status |
|---|---|---|
| Q3 2026 | -5.4x | Net Cash |
| Q2 2026 | -6.1x | Net Cash |
| Q1 2026 | -6.7x | Net Cash |
| Q4 2025 | -6.4x | Net Cash |
| Q3 2025 | -3.5x | Net Cash |
| Q2 2025 | -3.1x | Net Cash |
| Q1 2025 | -3.9x | Net Cash |
| Q4 2024 | -4.7x | Net Cash |
GS has more cash than debt. Net leverage isn't a meaningful measure for financial services companies like GS.
HUT Net Leverage
| Quarter | Net Leverage | Status |
|---|---|---|
| Q3 2025 | -0.1x | Net Cash |
| Q2 2025 | -0.6x | Net Cash |
| Q1 2025 | -1.1x | Net Cash |
| Q4 2024 | 0.4x | Very low |
| Q1 2023 | 8.0x | High |
| Q4 2022 | 2.4x | Moderate |
| Q3 2022 | 0.3x | Very low |
| Q2 2022 | -0.3x | Net Cash |
HUT has more cash than debt. Net leverage isn't a meaningful measure for financial services companies like HUT.
GS Weekly Momentum
| Metric | Value | Status |
|---|---|---|
| RSI | 44.5 | Neutral |
| Stochastic | 16.3 | Oversold |
GS's weekly RSI is 45 (neutral) and its Stochastic is 16 (oversold).
HUT Weekly Momentum
| Metric | Value | Status |
|---|---|---|
| RSI | 40.3 | Neutral |
| Stochastic | 15.8 | Oversold |
HUT's weekly RSI is 40 (neutral) and its Stochastic is 16 (oversold).
GS PE vs Financial Services Sector
| Metric | GS | Sector median | Relative |
|---|---|---|---|
| PE | 13x | 13x | 0.8% above |
| PE % | 46 | 63 | 17 pts below |
GS is trading at 13x earnings, in line with the Financial Services sector's median of 13x, though its earnings don't support one.
HUT PE vs Financial Services Sector
| Metric | HUT | Sector median | Relative |
|---|---|---|---|
| PE | N/A | 13x | — |
HUT has no meaningful PE right now: it lost money over the past year.
GS Weekly Moving Averages
| Moving average | MA price | Relative |
|---|---|---|
| 8 week MA | $895.5 | 2% above |
| 20 week MA | $977.4 | 6.5% below |
| 50 week MA | $945.4 | 3.4% below |
| 100 week MA | $804.5 | 14% above |
| 200 week MA | $602.7 | 52% above |
GS has the edge over HUT on trend strength, trading above more of its moving averages.
HUT Weekly Moving Averages
| Moving average | MA price | Relative |
|---|---|---|
| 8 week MA | $71.7 | 14% below |
| 20 week MA | $85.4 | 27% below |
| 50 week MA | $76.6 | 19% below |
| 100 week MA | $50.3 | 23% above |
| 200 week MA | $31.1 | 99% above |
HUT has pulled back, but its long-term trend is still up: it's below its 8-, 20- and 50-week averages, but 99% above its 200-week average.
GS Yearly ROI
| Year | Start price | End price | ROI |
|---|---|---|---|
| 2020 | $230.7 | $256.2 | +11% |
| 2021 | $256.2 | $385.0 | +50% |
| 2022 | $385.0 | $345.5 | -10% |
| 2023 | $345.5 | $385.8 | +12% |
| 2024 | $385.8 | $576.2 | +49% |
| 2025 | $576.2 | $907.0 | +57% |
| 2026 YTD | $907.0 | $913.6 | +0.7% |
GS has finished higher in five of the last six years, two of them by more than 50%. It's up 0.7% so far in 2026.
HUT Yearly ROI
| Year | Start price | End price | ROI |
|---|---|---|---|
| 2020 | $3.78 | $12.7 | +236% |
| 2021 | $12.7 | $43.8 | +244% |
| 2022 | $43.8 | $4.32 | -90% |
| 2023 | $4.32 | $13.3 | +209% |
| 2024 | $13.3 | $22.3 | +67% |
| 2025 | $22.3 | $49.6 | +122% |
| 2026 YTD | $49.6 | $62.0 | +25% |
HUT has the edge over GS on returns for 2026, with the stronger performance.