GS

The Goldman Sachs Group, Inc.

64
Fundamentals69/ 100
Valuation50/ 100
Upside potential57/ 100
Risk potential14/ 100

GS has the edge over NSLR overall, supported by stronger fundamentals and lower modeled downside.

NSLR

Neostellar Capital Corp.

50
Fundamentals52/ 100
Valuation64/ 100
Upside potential58/ 100
Risk potential25/ 100

NSLR offers stronger valuation, but that advantage does not outweigh its weaker overall profile.

GS Fundamentals

MetricStatus
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.

NSLR Fundamentals

MetricStatus
Strong
Stable
N/A
N/A

NSLR's revenue is currently strong, and its profitability is stable. Free cash flow and net leverage aren't meaningful measures for financial services companies like NSLR.

GS PE Valuation

CHEAPFAIREXPENSIVE5.2x10x16x21x
CHEAPFAIREXPENSIVE5.2x10x16x21x
LevelPEPriceVs current
Cheap7.6x$528-42%
Current13x$914—
Forward13x$914—
Fair14x$940+2.9%
Expensive17x$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.

NSLR PE Valuation

CHEAPFAIREXPENSIVE33x66x99x131x
CHEAPFAIREXPENSIVE33x66x99x131x
LevelPEPriceVs current
Cheap1.5x$4.22-30%
Current2.1x$6.02—
Fair3.9x$11.14+85%
Expensive34x$98.26+1532%

Historical ranges are pointers, not guarantees.

NSLR has the edge over GS in the historical PE scenario, which offers more potential upside but is not a forecast.

GS Forward outlook

MetricOutlook
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.

NSLR Forward outlook

MetricOutlook
--
Losses growing
Strong growth
--
Limited
High

Analysts expect NSLR's losses to grow, with revenue growing.

GS Risk to reward

ScenarioChangePrice
Upside+19%$1,085.26
Downside-14%$781.84

Calculated from the latest close: $913.60 on Nov 12.

GS trails NSLR on modeled risk to reward, with less potential upside relative to its potential downside.

NSLR Risk to reward

ScenarioChangePrice
Upside+34%$8.09
Downside-25%$4.51

Calculated from the latest close: $6.02 on Nov 12.

NSLR has a better modeled risk to reward balance than GS, with more potential upside relative to its potential downside.

GS Earnings Per Share

Q4 2023: $22.87Q1 2024: $25.66Q2 2024: $31.20Q3 2024: $34.13Q4 2024: $40.54Q1 2025: $43.08Q2 2025: $45.37Q3 2025: $49.22Q4 2025: $51.32Q1 2026: $54.75Q2 2026: $64.82Q3 2026: $69.58Forward: $72.35
Q4 2023: $22.87Q1 2024: $25.66Q2 2024: $31.20Q3 2024: $34.13Q4 2024: $40.54Q1 2025: $43.08Q2 2025: $45.37Q3 2025: $49.22Q4 2025: $51.32Q1 2026: $54.75Q2 2026: $64.82Q3 2026: $69.58Forward: $72.35
QuarterTTM EPSYoY
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 NSLR on earnings, with more consistent year-over-year improvement.

NSLR Earnings Per Share

Q4 2023: $0.19Q1 2024: $-0.84Q2 2024: $-0.69Q3 2024: $-1.91Q4 2024: $-1.55Q1 2025: $-0.71Q2 2025: $1.97Q3 2025: $2.48Q4 2025: $1.68Q1 2026: $6.89Q2 2026: $3.94Q3 2026: $2.86
Q4 2023: $0.19Q1 2024: $-0.84Q2 2024: $-0.69Q3 2024: $-1.91Q4 2024: $-1.55Q1 2025: $-0.71Q2 2025: $1.97Q3 2025: $2.48Q4 2025: $1.68Q1 2026: $6.89Q2 2026: $3.94Q3 2026: $2.86
QuarterTTM EPSYoY
Q3 2026$2.86+15%
Q2 2026$3.94+100%
Q1 2026$6.89+$7.60
Q4 2025$1.68+$3.23
Q3 2025$2.48+$4.39
Q2 2025$1.97+$2.66
Q1 2025-$0.71+$0.13
Q4 2024-$1.55-916%

NSLR's earnings per share have fallen from their peak: $2.86 over the past year, against $9.17 in mid-2021.

GS Quarterly Revenue

Q4 2023: $11.3BQ1 2024: $14.2BQ2 2024: $12.7BQ3 2024: $12.7BQ4 2024: $13.9BQ1 2025: $15.1BQ2 2025: $14.6BQ3 2025: $15.2BQ4 2025: $13.5BQ1 2026: $17.2BQ2 2026: $20.3BQ3 2026: $18.7B
Q4 2023: $11.3BQ1 2024: $14.2BQ2 2024: $12.7BQ3 2024: $12.7BQ4 2024: $13.9BQ1 2025: $15.1BQ2 2025: $14.6BQ3 2025: $15.2BQ4 2025: $13.5BQ1 2026: $17.2BQ2 2026: $20.3BQ3 2026: $18.7B
QuarterRevenueYoY
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 has the stronger quarterly revenue trend. Revenue is up 23% for GS versus down 0.8% for NSLR.

NSLR Quarterly Revenue

Q4 2023: --Q1 2024: --Q2 2024: --Q3 2024: --Q4 2024: --Q1 2025: --Q2 2025: --Q3 2025: --Q4 2025: --Q1 2026: --Q2 2026: --Q3 2026: --
Q4 2023: --Q1 2024: --Q2 2024: --Q3 2024: --Q4 2024: --Q1 2025: --Q2 2025: --Q3 2025: --Q4 2025: --Q1 2026: --Q2 2026: --Q3 2026: --
QuarterRevenueYoY
Q3 2022$519.5K-0.8%
Q2 2022$890.6K+224%
Q1 2022$583.1K+100%
Q4 2021$380.8K-59%
Q3 2021$523.9K+28%
Q2 2021$274.8K+14%
Q1 2021$291.4K+16%
Q4 2020$922.7K+131%

NSLR's revenue is growing: $519,510 last quarter, about level with the same quarter a year ago.

GS Free Cash Flow

Q4 2023: −$28.9BQ1 2024: −$28.5BQ2 2024: $5.6BQ3 2024: −$38.5BQ4 2024: $46.2BQ1 2025: −$37.7BQ2 2025: $5.2BQ3 2025: $2.1BQ4 2025: −$16.8BQ1 2026: −$32.4BQ2 2026: $5.6BQ3 2026: $3.7B
Q4 2023: −$28.9BQ1 2024: −$28.5BQ2 2024: $5.6BQ3 2024: −$38.5BQ4 2024: $46.2BQ1 2025: −$37.7BQ2 2025: $5.2BQ3 2025: $2.1BQ4 2025: −$16.8BQ1 2026: −$32.4BQ2 2026: $5.6BQ3 2026: $3.7B
QuarterFree cash flowYoY
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.

NSLR Free Cash Flow

Q4 2023: −$45MQ1 2024: $23MQ2 2024: $13MQ3 2024: −$21MQ4 2024: −$12MQ1 2025: −$4MQ2 2025: $34MQ3 2025: −$100,706Q4 2025: $4MQ1 2026: −$6MQ2 2026: −$24MQ3 2026: $8M
Q4 2023: −$45MQ1 2024: $23MQ2 2024: $13MQ3 2024: −$21MQ4 2024: −$12MQ1 2025: −$4MQ2 2025: $34MQ3 2025: −$100,706Q4 2025: $4MQ1 2026: −$6MQ2 2026: −$24MQ3 2026: $8M
QuarterFree cash flowYoY
Q3 2026$8.2M+$8.3M
Q2 2026-$24.1M-171%
Q1 2026-$5.8M-$2M
Q4 2025$4.4M+$16.8M
Q3 2025-$100.7K+$20.8M
Q2 2025$33.7M+160%
Q1 2025-$3.7M-116%
Q4 2024-$12.4M+$32.8M

NSLR's free cash flow was −$17M over the past year, against $17M the year before. Free cash flow isn't a meaningful measure for financial services companies like NSLR.

GS Total Shares

Q4 2023: 346MQ1 2024: 340MQ2 2024: 336MQ3 2024: 331MQ4 2024: 334MQ1 2025: 325MQ2 2025: 318MQ3 2025: 315MQ4 2025: 318MQ1 2026: 308MQ2 2026: 305MQ3 2026: 301M
Q4 2023: 346MQ1 2024: 340MQ2 2024: 336MQ3 2024: 331MQ4 2024: 334MQ1 2025: 325MQ2 2025: 318MQ3 2025: 315MQ4 2025: 318MQ1 2026: 308MQ2 2026: 305MQ3 2026: 301M
PeriodChange %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 301M diluted shares, down 4.4% from a year ago, with $15B in buybacks over the past year.

NSLR Total Shares

Q4 2023: 25MQ1 2024: 25MQ2 2024: 23MQ3 2024: 23MQ4 2024: 23MQ1 2025: 24MQ2 2025: 28MQ3 2025: 29MQ4 2025: 25MQ1 2026: 30MQ2 2026: 26MQ3 2026: 26M
Q4 2023: 25MQ1 2024: 25MQ2 2024: 23MQ3 2024: 23MQ4 2024: 23MQ1 2025: 24MQ2 2025: 28MQ3 2025: 29MQ4 2025: 25MQ1 2026: 30MQ2 2026: 26MQ3 2026: 26M
PeriodChange %Net change
Quarterly+1.9%+490K shares
1 year-8.7%-2.5M shares
3 years+4.4%+1.1M shares
5 years-4.1%-1.1M shares
Available history+20%+4.3M shares

NSLR has the edge over GS on shareholder dilution, with a more favorable share count trend.

GS Net Leverage

Q4 2023: -9.6xQ1 2024: -6.8xQ2 2024: -6.5xQ3 2024: -3.5xQ4 2024: -4.7xQ1 2025: -3.9xQ2 2025: -3.1xQ3 2025: -3.5xQ4 2025: -6.4xQ1 2026: -6.7xQ2 2026: -6.1xQ3 2026: -5.4x
Q4 2023: -9.6xQ1 2024: -6.8xQ2 2024: -6.5xQ3 2024: -3.5xQ4 2024: -4.7xQ1 2025: -3.9xQ2 2025: -3.1xQ3 2025: -3.5xQ4 2025: -6.4xQ1 2026: -6.7xQ2 2026: -6.1xQ3 2026: -5.4x
QuarterNet LeverageStatus
Q3 2026-5.4xNet Cash
Q2 2026-6.1xNet Cash
Q1 2026-6.7xNet Cash
Q4 2025-6.4xNet Cash
Q3 2025-3.5xNet Cash
Q2 2025-3.1xNet Cash
Q1 2025-3.9xNet Cash
Q4 2024-4.7xNet Cash

GS has more cash than debt. Net leverage isn't a meaningful measure for financial services companies like GS.

NSLR Net Leverage

QuarterNet LeverageStatus
Q1 2022-1.7xNet Cash
Q4 2021-0.9xNet Cash
Q3 2021-0.5xNet Cash
Q2 2021-0.6xNet Cash
Q1 2021-0.8xNet Cash
Q4 2020-0.1xNet Cash
Q3 2020-1.4xNet Cash
Q2 20202.8xModerate

NSLR has more cash than debt. Net leverage isn't a meaningful measure for financial services companies like NSLR.

GS Weekly Momentum

MetricValueStatus
RSI44.5Neutral
Stochastic16.3Oversold

GS's weekly RSI is 45 (neutral) and its Stochastic is 16 (oversold).

NSLR Weekly Momentum

MetricValueStatus
RSI26.3Oversold
Stochastic6.4Oversold

NSLR's weekly RSI is 26 (oversold) and its Stochastic is 6 (oversold).

GS PE vs Financial Services Sector

MetricGSSector medianRelative
PE13x13x0.8% above
PE %466317 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.

NSLR PE vs Financial Services Sector

MetricNSLRSector medianRelative
PE2.1x13x84% below
PE %336330 pts below

NSLR has the edge over GS on valuation relative to its sector.

GS Weekly Moving Averages

Moving averageMA priceRelative
8 week MA$895.52% above
20 week MA$977.46.5% below
50 week MA$945.43.4% below
100 week MA$804.514% above
200 week MA$602.752% above

GS has the edge over NSLR on trend strength, trading above more of its moving averages.

NSLR Weekly Moving Averages

Moving averageMA priceRelative
8 week MA$6.588.5% below
20 week MA$8.7031% below
50 week MA$10.140% below
100 week MA$8.6630% below
200 week MA$6.324.7% below

NSLR is in a downtrend: it's below all five of its weekly moving averages, and 4.7% below its 200-week average.

GS Yearly ROI

YearStart priceEnd priceROI
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 the edge over NSLR on returns for 2026, with the stronger performance.

NSLR Yearly ROI

YearStart priceEnd priceROI
2020$6.84$12.6+83%
2021$12.6$13.5+7.4%
2022$13.5$3.84-72%
2023$3.84$3.94+2.6%
2024$3.94$5.98+52%
2025$5.98$9.61+61%
2026 YTD$9.61$6.02-37%

NSLR is down 37% so far in 2026, after finishing higher in five of the previous six years.

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