Gold.com (GOLD) AI Stock Analysis

• Market Cap: $1.45B
• Dividend Yield: 0%
• Average Volume (3M): 918.71K
• Price to Earnings (P/E): 120.9
• Beta (1Y): 0.63
• Revenue Growth: 20.29%
• EPS Growth: -87.68%
• Country: US
• Employees: 482
• Sector: Financial
• Sector Strength: 70
• Industry: Financial - Capital Markets
• EPS (TTM): 0.46
• Shares Outstanding: 25,296,991
• 10 Day Avg. Volume: 687,905
• 30 Day Avg. Volume: 918,710
• PEG Ratio: -0.40
• Price to Book (P/B): 0.81
• Price to Sales (P/S): 0.05
• P/FCF Ratio: 3.70
• Enterprise Value/Market Cap: 1.11
• Enterprise Value/Revenue: 0.10
• Enterprise Value/Gross Profit: 47.31
• Enterprise Value/Ebitda: -10.64
• 1Y Price Target: $69.00
• Price Target Upside: 20.06% Upside
• Rating Consensus: Strong Buy
• Number of Analyst Covering: 4
• EPS Forecast (FY): 2.92
• Revenue Forecast (FY): $13.23B

• Rating: 63 Neutral
• Price Target: $62.00 ▲(7.88% Upside)
• Action: Reiterated Date: 02/20/26
• Date: Action: Reiterated 02/20/26

The score is driven by improving financial stability (better leverage and a turnaround to positive free cash flow) and strong technical momentum (price well above key moving averages with positive MACD). These positives are capped by weak profitability/returns and a demanding valuation (P/E 123.5, no dividend), while the latest earnings call was net constructive but acknowledged margin, cost, and market-structure headwinds.

Positive Factors

Robust Revenue Growth

Sustained, multi-period top-line expansion demonstrates strong product-market fit and growing direct-to-consumer scale. High revenue growth supports unit economics improvements as fulfillment automation and mint capacity scale, providing durable demand tailwinds and optionality to absorb integration costs.

Positive Operating & Free Cash Flow

Consistent positive operating and free cash flow strengthens financial flexibility and funds organic investments, working capital and a new dividend. Reliable cash generation reduces dependence on dilutive equity or costly debt over the medium term, supporting capital allocation and resilience through cycles.

Strengthened Liquidity & Strategic Capital

The Tether PIPE and related commercial arrangements materially boost liquidity, governance alignment, and access to lower-cost gold leasing. This structural capital partnership plus expanded credit capacity enhance funding optionality and reduce interest-cost sensitivity over the medium term.

Negative Factors

Very Thin Profitability

Extremely compressed margins signal weak current earnings power and low return on invested capital. Even with revenue growth, tiny margins limit reinvestment and shareholder returns and make profitability highly sensitive to cost increases, mix shifts, and commodity trading swings.

Elevated SG&A and Acquisition Costs

Rapid acquisition-driven expense increases raise the company's fixed-cost base and create integration risk. If acquisition synergies are delayed, persistent elevated SG&A will compress margins and require sustained higher revenue to justify the enlarged cost structure.

Market & Trading Volatility Exposure

Material exposure to precious-metal market structure and forward-sales dynamics causes earnings and cash-flow volatility. Trading losses and forward-sale timing can quickly erode profits and increase financing needs, making performance contingent on external commodity market conditions.

Gold.com Business Overview & Revenue Model

Company Description

Gold.com, Inc., together with its subsidiaries, operates as a precious metals trading company. It operates in three segments: Wholesale Sales & Ancillary Services, Direct-to-Consumer, and Secured Lending. The Wholesale Sales & Ancillary Services segment sells gold, silver, platinum, and palladium in the form of bars, plates, powders, wafers, grains, ingots, and coins. This segment also offers various ancillary services, including financing, storage, consignment, logistics, and various customized financial programs; and designs and produces minted silver products. The Direct-to-Consumer segment provides access to an array of gold, silver, copper, platinum, and palladium products through its websites and marketplaces. It operates five company-owned websites targeting specific niches within the precious metals retail market. This segment also operates as a direct retailer of precious metals to the investor community and markets its precious metal products on television, radio, and the internet, as well as through customer service outreach. The Secured Lending segment originates and acquires commercial loans secured by bullion and numismatic coins; and serves coin and precious metal dealers, investors, and collectors. The company serves customers, including financial institutions, bullion retailers, industrial manufacturers and fabricators, sovereign mints, refiners, coin and metal dealers, investors, collectors, and e-commerce and other retail customers. It has operations in the United States, rest of North America, Europe, the Asia Pacific, Africa, and Australia. A-Mark Precious Metals, Inc. was founded in 1965 and is headquartered in El Segundo, California.

How the Company Makes Money

A-Mark generates revenue primarily through the buying and selling of precious metals, earning profits from the spread between purchase and sale prices. Key revenue streams include wholesale trading of bullion and coins, where the company capitalizes on market fluctuations and customer demand. Additionally, A-Mark offers storage and logistics services for precious metals, which also contribute to its earnings. The company has established significant partnerships with mining companies, financial institutions, and other entities in the precious metals market, further enhancing its revenue potential through increased transaction volumes and service offerings.

Gold.com Financial Statement Overview

Summary

Strong TTM revenue growth (+31.3%) and a clear rebound in operating/free cash flow (FCF $316M) support financial stability, and leverage improved (debt-to-equity ~0.46). Offsetting this, profitability has collapsed versus prior years with extremely thin TTM margins and low ROE (~1.2%), indicating weak current earnings power.

Income Statement

Revenue growth is strong in TTM (Trailing-Twelve-Months) (+31.3%), building on a multi-year upward trend. However, profitability has deteriorated sharply versus prior years: TTM gross margin (~2.0%), operating margin (~0.5%), and net margin (~0.06%) are very thin, with net income down materially from 2021–2023 levels. Overall, the company is growing the top line but currently struggling to convert that growth into earnings.

Balance Sheet

Leverage looks more manageable in the latest period, with debt-to-equity improving to ~0.46 in TTM (Trailing-Twelve-Months) from ~1.1–1.4 in prior annual reports, which reduces balance-sheet risk. The trade-off is weak current returns for shareholders: return on equity is low in TTM (~1.2%) compared with much stronger levels in 2021–2023. Overall balance-sheet risk appears improved, but profitability on the equity base has softened meaningfully.

Cash Flow

Cash generation is a relative strength in the most recent period, with positive operating cash flow ($323M) and free cash flow ($316M) in TTM (Trailing-Twelve-Months), a notable improvement from negative operating/free cash flow in 2021–2023. Free cash flow is also broadly in line with reported earnings in TTM, supporting earnings quality. The main weakness is volatility: free cash flow growth is down sharply in TTM (-31.7%), and historical cash flow swings raise questions about consistency through the cycle.

Breakdown	TTM	Jun 2025	Jun 2024	Jun 2023	Jun 2022	Jun 2021
Income Statement
Total Revenue	15.68B	10.98B	9.70B	9.29B	8.16B	7.61B
Gross Profit	34.01M	210.92M	173.25M	294.67M	261.76M	210.20M
EBITDA	-151.24M	90.39M	133.71M	247.22M	215.71M	223.46M
Net Income	12.47M	17.32M	68.55M	156.36M	132.54M	159.64M
Balance Sheet
Total Assets	3.81B	2.22B	1.83B	1.55B	1.44B	1.19B
Cash, Cash Equivalents and Short-Term Investments	152.05M	77.74M	48.64M	39.32M	37.78M	101.41M
Total Debt	307.33M	906.72M	775.11M	670.58M	597.72M	484.57M
Total Liabilities	3.10B	1.51B	1.17B	945.18M	952.19M	827.64M
Stockholders Equity	653.81M	649.52M	607.63M	599.12M	488.61M	362.62M
Cash Flow
Free Cash Flow	283.40M	141.67M	45.16M	-52.05M	-92.05M	-54.77M
Operating Cash Flow	295.64M	152.35M	60.93M	-47.27M	-89.17M	-52.65M
Investing Cash Flow	-154.72M	-104.67M	-63.60M	6.84M	-60.56M	-130.39M
Financing Cash Flow	-26.64M	-18.58M	11.98M	-12.27M	86.11M	232.13M

Gold.com Technical Analysis

• Technical Analysis Sentiment: Positive
• Last Price: 57.47
• 50DMA: Positive
• 100DMA: Positive
• 200DMA: Positive
• MACD: Positive
• RSI: Neutral
• STOCH: Neutral

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For GOLD, the sentiment is Positive. The current price of 57.47 is above the 20-day moving average (MA) of 56.82, above the 50-day MA of 46.12, and above the 200-day MA of 29.64, indicating a bullish trend. The MACD of 3.14 indicates Positive momentum. The RSI at 59.49 is Neutral, neither overbought nor oversold. The STOCH value of 34.02 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Positive sentiment for GOLD.

Gold.com Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
Sector *	68 Neutral	$18.00B	11.42	9.92%	3.81%	9.73%	1.22%

Gold.com Corporate Events

Gold.com Expands Revolving Credit Facility and Financing Capacity

On February 13, 2026, Gold.com, Inc. amended its existing revolving credit facility by entering into an Incremental Facility Agreement and First Amendment with CIBC Bank USA and other lenders, raising total revolving commitments to $427.5 million. The amendment also increased limits on secured leases to $600 million, ownership-based financing to $1.1 billion, and expanded caps on inventory per location, in-transit inventory, and major counterparty exposure, effectively enlarging the company’s financing capacity and operational flexibility for future growth and balance-sheet management.

The most recent analyst rating on (GOLD) stock is a Buy with a $72.00 price target. To see the full list of analyst forecasts on Gold.com stock, see the GOLD Stock Forecast page.

Gold.com Secures $150 Million PIPE from Tether Affiliate

On February 4, 2026, Gold.com entered into a $150 million PIPE equity financing with TPM, an affiliate of Tether Global Investments Fund, involving the sale of 3,370,787 common shares at $44.50 each, an 11.9% discount to the 10-day NYSE VWAP. The first tranche of 2,840,449 shares closed on February 6, 2026 for $126.4 million, while a second tranche of 530,337 shares for $23.6 million remains subject to Hart-Scott-Rodino clearance.

Under the deal, Gold.com will allocate $20 million of proceeds to purchase XAU₮, a gold-backed stablecoin sponsored by a TPM affiliate, and the parties will seek additional gold lending, gold storage and related commercial arrangements. TPM secured board nomination and registration rights via an Investor Rights Agreement, and agreed to a 90-day lock-up that restricts sales and hedging of its shares, signaling a deeper strategic and governance link between Gold.com and a major digital-asset investor.

The most recent analyst rating on (GOLD) stock is a Hold with a $60.00 price target. To see the full list of analyst forecasts on Gold.com stock, see the GOLD Stock Forecast page.

Gold.com Rebrands and Moves to NYSE

On December 2, 2025, A-Mark Precious Metals, Inc. officially changed its name to Gold.com, Inc. and transferred its stock listing from Nasdaq to the New York Stock Exchange, adopting the new trading symbol ‘GOLD’. This rebranding effort, which included launching a new corporate website, aims to strengthen the company’s market presence without affecting stockholder rights or the stock’s CUSIP number.

The most recent analyst rating on (GOLD) stock is a Buy with a $32.00 price target. To see the full list of analyst forecasts on Gold.com stock, see the GOLD Stock Forecast page.