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Goldman Sachs Updates Preferred Stock and Incorporation Terms

Goldman Sachs Updates Preferred Stock and Incorporation Terms
Story Highlights
  • Goldman Sachs redeemed all Series U preferred shares on August 10, 2026, and formally eliminated their designations from its incorporation documents.
  • The company updated its Restated Certificate on August 11, 2026, to remove Series U and set out new terms for its 6.500% Series AA preferred stock, reshaping its capital structure.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.

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

On August 10, 2026, Goldman Sachs redeemed all outstanding shares of its 3.65% Fixed-Rate Reset Non-Cumulative Preferred Stock, Series U, and on August 11, 2026, filed a Certificate of Elimination in Delaware to remove the Series U designations from its Restated Certificate of Incorporation. The firm simultaneously filed a Restated Certificate of Incorporation that reflects both the elimination of the Series U Preferred Stock and the establishment of new terms for its 6.500% Fixed-Rate Reset Non-Cumulative Preferred Stock, Series AA, signaling an ongoing refinement of its capital structure and preferred equity offerings.

The most recent analyst rating on (GS) stock is a Buy
with a $1200.00 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 Neutral.

The score is driven primarily by a mixed financial foundation: improving profitability but materially negative recent cash flow and higher leverage. A very strong earnings call with upbeat guidance and capital returns supports the outlook, while technicals are currently weak-to-neutral and valuation is reasonable rather than compelling.

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

More about Goldman Sachs Group

Goldman Sachs Group is a leading global financial services firm operating across investment banking, securities, and asset and wealth management. The company provides advisory, financing, trading, and investment solutions to institutional and retail clients worldwide, with a focus on capital markets and complex financial products.

Average Trading Volume: 2,175,395

Technical Sentiment Signal: Buy

Current Market Cap: $302.7B

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

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