Goldman Sachs (GS, $354.82) set to cut 3,200 jobs
Goldman Sachs Group shares rose in pre-market trading, amid media reports that the banking behemoth is set to begin job cuts later this week.
According to the reports, Goldman is likely to slash around 3,200 roles, largely in the trading and banking divisions. The decision reportedly came after the company’s year-end review led by CEO David Solomon.
In late December, Solomon mentioned in a company-wide memo that various factors affecting the business landscape, including monetary tightening that are slowing down economic activity are impacting the bank's prospects. He cautioned that a headcount reduction will occur in the first half of January.
This will be one of Goldman’s largest round of layoffs, with the last major one having taken place in 2008 after the Lehman Brothers collapse. The number of employees in the company was more than 49,000, as of 30 September 2022. It had reportedly held off annual firing of underperformers during the pandemic.
Media reports mentioned that Goldman is also “poised to unveil financials tied to a new unit that houses its credit card and installment-lending business, which will record more than $2 billion in pretax losses”.
GS sees its Stochastic Oscillator ascends from oversold territory
On September 04, 2026, the Stochastic Oscillator for GS moved out of oversold territory and this could be a bullish sign for the stock. Traders may want to buy the stock or buy call options. Tickeron's A.I.dvisor looked at 54 instances where the indicator left the oversold zone. In of the 54 cases the stock moved higher in the following days. This puts the odds of a move higher at over .
Technical Analysis (Indicators)
Bullish Trend Analysis
The Momentum Indicator moved above the 0 level on September 03, 2026. You may want to consider a long position or call options on GS as a result. In of 76 past instances where the momentum indicator moved above 0, the stock continued to climb. The odds of a continued upward trend are .
The Moving Average Convergence Divergence (MACD) for GS just turned positive on September 04, 2026. Looking at past instances where GS's MACD turned positive, the stock continued to rise in of 44 cases over the following month. The odds of a continued upward trend are .
Following a 3-day Advance, the price is estimated to grow further. Considering data from situations where GS advanced for three days, in of 350 cases, the price rose further within the following month. The odds of a continued upward trend are .
GS may jump back above the lower band and head toward the middle band. Traders may consider buying the stock or exploring call options.
Bearish Trend Analysis
GS moved below its 50-day moving average on August 26, 2026 date and that indicates a change from an upward trend to a downward trend.
Following a 3-day decline, the stock is projected to fall further. Considering past instances where GS declined for three days, the price rose further in of 62 cases within the following month. The odds of a continued downward trend are .
Fundamental Analysis (Ratings)
The Tickeron SMR rating for this company is (best 1 - 100 worst), indicating very strong sales and a profitable business model. SMR (Sales, Margin, Return on Equity) rating is based on comparative analysis of weighted Sales, Income Margin and Return on Equity values compared against S&P 500 index constituents. The weighted SMR value is a proprietary formula developed by Tickeron and represents an overall profitability measure for a stock.
The Tickeron Profit vs. Risk Rating rating for this company is (best 1 - 100 worst), indicating low risk on high returns. The average Profit vs. Risk Rating rating for the industry is 85, placing this stock better than average.
The Tickeron Price Growth Rating for this company is (best 1 - 100 worst), indicating steady price growth. GS’s price grows at a higher rate over the last 12 months as compared to S&P 500 index constituents.
The Tickeron PE Growth Rating for this company is (best 1 - 100 worst), pointing to consistent earnings growth. The PE Growth rating is based on a comparative analysis of stock PE ratio increase over the last 12 months compared against S&P 500 index constituents.
The Tickeron Valuation Rating of (best 1 - 100 worst) indicates that the company is slightly overvalued in the industry. This rating compares market capitalization estimated by our proprietary formula with the current market capitalization. This rating is based on the following metrics, as compared to industry averages: P/B Ratio (2.756) is normal, around the industry mean (4.603). P/E Ratio (16.038) is within average values for comparable stocks, (21.811). Projected Growth (PEG Ratio) (1.284) is also within normal values, averaging (1.590). Dividend Yield (0.017) settles around the average of (0.031) among similar stocks. P/S Ratio (4.866) is also within normal values, averaging (18.537).
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General Information
a provider of investment banking, securities and asset management services
Industry InvestmentBanksBrokers
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