Goldman Sachs Enters Bear Market Amid Weakened Fixed-Income Revenue

Goldman Sachs (GS) has entered bear market territory after its stock price fell more than 20% from its July peak of $1,153.99 to $896.67 as of October 2, 2026.

The decline was driven by concerns over weaker fixed-income revenue and rising costs, resulting in a 12% drop over the past three months despite a 14% gain over the last year.

Goldman Sachs offers a dividend yield of 2.09%, with a low payout ratio of 26% and a robust 3-year dividend growth rate of 15.9%, supporting a sustainable and attractive income stream.

The company's GF Value indicates the stock is fairly valued, trading about 7.4% above its intrinsic value of $835.01.