Goldman Sachs BDC Ends Equity Distribution Agreement

Goldman Sachs BDC ( (GSBD) ) just unveiled an announcement.

On June 5, 2025, Goldman Sachs BDC, Inc. announced the termination of its equity distribution agreement with Truist Securities, Inc., initially established on November 15, 2023. This termination, effective immediately, results in the cessation of the company’s at-the-market program, impacting its capital distribution strategy.

The most recent analyst rating on (GSBD) stock is a Hold with a $13.00 price target. To see the full list of analyst forecasts on Goldman Sachs BDC stock, see the GSBD Stock Forecast page.

Spark’s Take on GSBD Stock

According to Spark, TipRanks’ AI Analyst, GSBD is a Outperform.

Goldman Sachs BDC’s strengths lie in its solid financial foundation and attractive dividend yield, appealing to long-term investors. The earnings call revealed strategic improvements but highlighted some underlying challenges. Technical indicators suggest current downward pressure, yet potential for recovery. The overall outlook is cautiously optimistic, focusing on addressing cash flow and revenue growth concerns.

To see Spark’s full report on GSBD stock, click here.

More about Goldman Sachs BDC

Goldman Sachs BDC, Inc. operates within the financial services industry, focusing on providing capital solutions to middle-market companies. It primarily engages in business development and asset management services, leveraging its expertise to support the growth and financial stability of its clients.

Average Trading Volume: 812,736

Technical Sentiment Signal: Hold

Current Market Cap: $1.33B

For a thorough assessment of GSBD stock, go to TipRanks’ Stock Analysis page.