Goldman Sachs Unveils Reorganized Segment Reporting Structure

An announcement from Goldman Sachs Group ( (GS) ) is now available.

Beginning in the fourth quarter of 2025, Goldman Sachs reorganized its reporting structure across three existing business segments—Global Banking & Markets, Asset & Wealth Management and Platform Solutions—without changing its historical consolidated financial results. The firm shifted its transaction banking business into Global Banking & Markets, reclassified certain institutional loan facilitation and structured letters of credit into FICC financing, and began allocating Urban Investment Group results across all three segments to reflect the shared nature of Community Reinvestment Act obligations. Within Asset & Wealth Management, equity and debt investments are now reported together as Goldman continues to pivot from balance-sheet investing toward a scaled, third-party funds-driven model, while Platform Solutions is refocused chiefly on Apple Card and exited businesses. The recast segment data from 2021 through 2025 provide investors with a clearer view of profitability and capital deployment by line of business, underscoring a strategic shift away from broad consumer ambitions toward core institutional, wealth and fee-based asset management franchises.

The most recent analyst rating on (GS) stock is a Hold with a $604.00 price target. To see the full list of analyst forecasts on Goldman Sachs Group stock, see the GS Stock Forecast page.

Spark’s Take on GS Stock

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

Goldman Sachs’ strong financial performance and positive earnings call are the most significant factors driving the score. The stock’s bullish technical indicators are tempered by overbought signals. Valuation is fair, and the company’s strategic initiatives position it well for future growth despite some financial risks.

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

More about Goldman Sachs Group

Goldman Sachs Group is a global financial services firm operating primarily in investment banking, trading and markets, asset and wealth management, and consumer finance. Its core businesses span advisory and underwriting services, fixed income, currencies and commodities (FICC), equities intermediation and financing, asset management across traditional and alternative classes, private banking and lending for wealth clients, and a smaller Platform Solutions segment centered on credit cards and deposits, including Apple Card, with an ongoing strategic narrowing of consumer-related activities.

Average Trading Volume: 2,147,620

Technical Sentiment Signal: Buy

Current Market Cap: $286.6B

For detailed information about GS stock, go to TipRanks’ Stock Analysis page.