GS

The Goldman Sachs Group, Inc.

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

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.

WULF

TeraWulf Inc.

There isn't enough reported data to score WULF yet.

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.

WULF Fundamentals

MetricStatus
Healthy
Weak
N/A
N/A

WULF'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 WULF.

GS PE Valuation

CHEAPFAIREXPENSIVE5.2x10x16x21x
CHEAPFAIREXPENSIVE5.2x10x16x21x
LevelPEPriceVs current
Cheap7.6x$528-42%
Current13x$914โ€”
Forward13x$914โ€”
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.

WULF PE Valuation

WULF has no meaningful PE right now: it lost money over the past year.

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.

WULF Forward outlook

MetricOutlook
--
Losses shrinking
Strong growth
--
Limited
Low

Analysts expect WULF's losses to shrink, with revenue growing. However, they disagree widely on these estimates.

GS Risk to reward

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

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

There is not enough scenario data to compare GS and WULF's risk to reward.

WULF Risk to reward

ScenarioChangePrice
UpsideUnknownโ€”
DownsideUnknownโ€”

Calculated from the latest close: $13.04 on Nov 12.

There is not enough scenario data to compare GS and WULF's risk to reward.

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 WULF on earnings quality, reporting a profit while its opponent remains loss making.

WULF Earnings Per Share

Q4 2023: $-0.35Q1 2024: $-0.22Q2 2024: $-0.17Q3 2024: $-0.14Q4 2024: $-0.21Q1 2025: $-0.34Q2 2025: $-0.36Q3 2025: $-1.43Q4 2025: $-1.66Q1 2026: $-2.51Q2 2026: $-4.40Q3 2026: $-3.30
Q4 2023: $-0.35Q1 2024: $-0.22Q2 2024: $-0.17Q3 2024: $-0.14Q4 2024: $-0.21Q1 2025: $-0.34Q2 2025: $-0.36Q3 2025: $-1.43Q4 2025: $-1.66Q1 2026: $-2.51Q2 2026: $-4.40Q3 2026: $-3.30
QuarterTTM EPSYoY
Q3 2026-$3.30-$1.87
Q2 2026-$4.40-$4.04
Q1 2026-$2.51-$2.17
Q4 2025-$1.66-$1.45
Q3 2025-$1.43-$1.29
Q2 2025-$0.36-$0.19
Q1 2025-$0.34-$0.12
Q4 2024-$0.21+$0.14

WULF lost $3.30 per share over the past year, a bigger loss than the year before.

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's revenue is growing: $18.7B last quarter, up 23% from the same quarter a year ago.

WULF Quarterly Revenue

Q4 2023: $23MQ1 2024: $42MQ2 2024: $36MQ3 2024: $27MQ4 2024: $35MQ1 2025: $34MQ2 2025: $48MQ3 2025: $51MQ4 2025: $36MQ1 2026: $34MQ2 2026: $45MQ3 2026: $76M
Q4 2023: $23MQ1 2024: $42MQ2 2024: $36MQ3 2024: $27MQ4 2024: $35MQ1 2025: $34MQ2 2025: $48MQ3 2025: $51MQ4 2025: $36MQ1 2026: $34MQ2 2026: $45MQ3 2026: $76M
QuarterRevenueYoY
Q3 2026$76.2M+51%
Q2 2026$44.8M-6%
Q1 2026$34M-1.1%
Q4 2025$35.8M+2.4%
Q3 2025$50.6M+87%
Q2 2025$47.6M+34%
Q1 2025$34.4M-19%
Q4 2024$35M+50%

WULF's revenue is growing: $76M last quarter, up 51% from the same quarter a year ago.

GS Free Cash Flow

Q4 2023: โˆ’$28.9BQ1 2024: โˆ’$28.5BQ2 2024: $5.6BQ3 2024: โˆ’$38.5BQ4 2024: $46.2BQ1 2025: โˆ’$37.7BQ2 2025: $5.2BQ3 2025: $2.1BQ4 2025: โˆ’$16.8BQ1 2026: โˆ’$32.4BQ2 2026: $5.6BQ3 2026: $3.7B
Q4 2023: โˆ’$28.9BQ1 2024: โˆ’$28.5BQ2 2024: $5.6BQ3 2024: โˆ’$38.5BQ4 2024: $46.2BQ1 2025: โˆ’$37.7BQ2 2025: $5.2BQ3 2025: $2.1BQ4 2025: โˆ’$16.8BQ1 2026: โˆ’$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 has the edge over WULF on cash flow, with more consistent year-over-year improvement.

WULF Free Cash Flow

Q4 2023: โˆ’$23MQ1 2024: โˆ’$24MQ2 2024: โˆ’$30MQ3 2024: โˆ’$42MQ4 2024: โˆ’$196MQ1 2025: โˆ’$37MQ2 2025: โˆ’$175MQ3 2025: โˆ’$268MQ4 2025: โˆ’$703MQ1 2026: โˆ’$541MQ2 2026: โˆ’$992MQ3 2026: โˆ’$877M
Q4 2023: โˆ’$23MQ1 2024: โˆ’$24MQ2 2024: โˆ’$30MQ3 2024: โˆ’$42MQ4 2024: โˆ’$196MQ1 2025: โˆ’$37MQ2 2025: โˆ’$175MQ3 2025: โˆ’$268MQ4 2025: โˆ’$703MQ1 2026: โˆ’$541MQ2 2026: โˆ’$992MQ3 2026: โˆ’$877M
QuarterFree cash flowYoY
Q3 2026-$876.9M-$608.7M
Q2 2026-$992.3M-$817.5M
Q1 2026-$540.5M-$503.3M
Q4 2025-$703.2M-$506.8M
Q3 2025-$268.3M-$226.6M
Q2 2025-$174.8M-$144.5M
Q1 2025-$37.2M-$13.1M
Q4 2024-$196.4M-$173.5M

WULF's free cash flow was โˆ’$3.1B over the past year, against โˆ’$677M the year before. Free cash flow isn't a meaningful measure for financial services companies like WULF.

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 the edge over WULF on shareholder dilution, with a more favorable share count trend.

WULF Total Shares

Q1 2024: 291MQ2 2024: 341MQ3 2024: 382MQ4 2024: 351MQ1 2025: 383MQ2 2025: 387MQ3 2025: 402MQ4 2025: 398MQ1 2026: 423MQ2 2026: 486MQ3 2026: 574M
Q1 2024: 291MQ2 2024: 341MQ3 2024: 382MQ4 2024: 351MQ1 2025: 383MQ2 2025: 387MQ3 2025: 402MQ4 2025: 398MQ1 2026: 423MQ2 2026: 486MQ3 2026: 574M
PeriodChange %Net change
Quarterly+18%+87.9M shares
1 year+43%+172M shares
3 years+173%+363M shares
5 years+28923%+572M shares
Available history+28866%+572M shares

WULF has 574M diluted shares, up 43% from a year ago.

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.

WULF Net Leverage

Q1 2024: 3.5xQ2 2024: -1.4xQ3 2024: -1.0x
Q1 2024: 3.5xQ2 2024: -1.4xQ3 2024: -1.0x
QuarterNet LeverageStatus
Q3 2024-1.0xNet Cash
Q2 2024-1.4xNet Cash
Q1 20243.5xElevated
Q4 202132.9xHigh

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

GS Weekly Momentum

MetricValueStatus
RSI44.5Neutral
Stochastic16.3Oversold

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

WULF Weekly Momentum

MetricValueStatus
RSI40.6Neutral
Stochastic24.3Neutral

WULF's weekly RSI is 41 (neutral) and its Stochastic is 24 (neutral).

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.

WULF PE vs Financial Services Sector

MetricWULFSector medianRelative
PEN/A13xโ€”

WULF has no meaningful PE right now: it lost money over the past year.

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's trend is mixed: it's above three of its five weekly moving averages, and 52% above its 200-week average.

WULF Weekly Moving Averages

Moving averageMA priceRelative
8 week MA$13.00.2% above
20 week MA$15.918% below
50 week MA$17.124% below
100 week MA$11.99.7% above
200 week MA$7.2979% above

WULF's trend is mixed: it's above three of its five weekly moving averages, and 79% above 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 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.

WULF Yearly ROI

YearStart priceEnd priceROI
2020$5.42$6.48+20%
2021$6.48$14.4+122%
2022$14.4$0.77-95%
2023$0.77$2.40+212%
2024$2.40$5.53+130%
2025$5.53$11.8+112%
2026 YTD$11.8$13.0+11%

WULF has the edge over GS on returns for 2026, with the stronger performance.

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