I'm a fan of big banks in 2021, and Goldman Sachs is near the top of the list. In Q4, the investment banking giant demonstrated how strong its operations and earnings-generating businesses are. Below, I breakdown some of Goldman Sach's Q4 earnings numbers, and I also provide Tickeron's Artificial Intelligence-generated analysis for traders and investors.
- Earnings per Share: $12.08/sh vs. $6.99 exp
- Revenues: $11.7B vs. $9.65B exp
- Adj. Return on Equity 21.1% v 17.5% q/q
- Avg Daily VAR $84M v $91M q/q
- Tier 1 Capital Ratio under Basel III 14.7% v 14.5% q/q
- Book value per share $236.15 v $229.49 q/q
- Total loans $116B v $112B q/q
- Provision for credit losses $293M v $278M q/q; allowance for credit losses $4.43B v $4.33B prior
Segment Revenues:
- Net investment banking Rev $2.61B, +33% q/q, +27% y/y
- Global Markets $4.27B, -6% q/q, +23% y/y (Fixed income, Currency and Commodities (FICC) Client Execution $1.88B , +6% y/y)
- Asset Management Rev $3.21B +16% q/q, +7% y/y.
- Consumer & Wealth Management $1.65B, +11% q/q, +17% y/y
Time to buy?
It is expected that a price bounce should occur soon.
The Stochastic Oscillator shows that the ticker has stayed in the oversold zone for 6 days. The price of this ticker is presumed to bounce back soon, since the longer the ticker stays in the oversold zone, the more promptly an upward trend is expected.
Following a 3-day Advance, the price is estimated to grow further. Considering data from situations where GS advanced for three days, in of 347 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.
The Momentum Indicator moved below the 0 level on February 23, 2026. You may want to consider selling the stock, shorting the stock, or exploring put options on GS as a result. In of 76 cases where the Momentum Indicator fell below 0, the stock fell further within the subsequent month. The odds of a continued downward trend are .
GS moved below its 50-day moving average on February 27, 2026 date and that indicates a change from an upward trend to a downward trend.
The 10-day moving average for GS crossed bearishly below the 50-day moving average on February 24, 2026. This indicates that the trend has shifted lower and could be considered a sell signal. In of 18 past instances when the 10-day crossed below the 50-day, the stock continued to move higher over the following month. The odds of a continued downward trend are .
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 .
The Aroon Indicator for GS entered a downward trend on March 13, 2026. This could indicate a strong downward move is ahead for the stock. Traders may want to consider selling the stock or buying put options.
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 83, placing this stock better than average.
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 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 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 (2.114) is normal, around the industry mean (8.007). P/E Ratio (15.242) is within average values for comparable stocks, (64.914). Projected Growth (PEG Ratio) (1.385) is also within normal values, averaging (1.589). Dividend Yield (0.020) settles around the average of (0.034) among similar stocks. P/S Ratio (4.263) is also within normal values, averaging (1503216.500).
The average fundamental analysis ratings, where 1 is best and 100 is worst, are as follows
a provider of investment banking, securities and asset management services
Industry InvestmentBanksBrokers