Goldman Sachs Group Inc Stock Price, News & Analysis

GridStor (NYSE:GS) on November 12, 2025 named Spencer Mash as Senior Vice President of Finance and Head of Capital Markets to lead financing for its battery storage portfolio. Mash has 20+ years in capital management, including co-founding Greenbacker Renewable Energy Company, which managed 3.5 GW of clean energy and $3.4 billion in assets. Backed by Goldman Sachs Asset Management, GridStor holds a portfolio of more than 3 GW of battery energy storage projects across later-stage development, construction, and operations. Mash will structure capital solutions, manage lender/investor relationships, and oversee due diligence to support growth.

Goldman Sachs BDC (NYSE: GS) reported Q3 results for the quarter ended September 30, 2025, with net investment income per share of $0.40 (annualized yield on book value of 12.5%) and GAAP EPS of $0.22. NAV per share fell 2.1% to $12.75. Total investments at fair value and commitments were $3,833.2 million across 171 companies, 98.2% in senior secured debt. The board declared a Q4 base dividend of $0.32 and a Q3 supplemental dividend of $0.04. The company repurchased 2.14M shares for $25.1M under a $75M 10b5-1 plan.

Ending net debt-to-equity was 1.17x; investments on non-accrual were 1.5% of fair value.

MoEngage (GS) announced a $100 million investment led by Goldman Sachs Alternatives and A91 Partners on November 5, 2025, taking total funding to more than $250 million. The company said its North America business doubled over the past year and now contributes the largest share of revenue.

The round will fund expansion of Merlin AI (AI Agents for offer and campaign decisioning), go-to-market and customer success hires in North America and EMEA, and platform innovation. The release cites performance examples: Glance cut campaign go-live times by 50%, and SoundCloud migrated > 120 million users in 12 weeks. MoEngage reported > 300 enterprise customers worldwide and emphasized momentum beyond legacy marketing clouds.

Armis announced a $435 million pre-IPO funding round that values the company at $6.1 billion. The round was led by Growth Equity at Goldman Sachs Alternatives with major participation from CapitalG and new investor Evolution Equity Partners.

Armis reported surpassing $300 million ARR with growth of >50% and said it is executing a three-year plan to reach $1 billion ARR while preparing for an initial public offering. The company cited three M&A deals over the past two years that have expanded cloud, AI, and operational technology security capabilities and are producing "millions in incremental revenue."

GridStor (GS) dedicated the Hidden Lakes Reliability Project on November 4, 2025, its first completed facility in Texas. The utility-scale battery storage plant is 220 MW / 440 MWh and can supply power equivalent to 140,000 average Texas households during peak demand hours. The facility will participate in the ERCOT market, aims to stabilize the grid, and is expected to deliver "tens of millions" in estimated sales and use tax revenue to Galveston County and Dickinson ISD. Approximately 100 full-time skilled tradespeople and apprentices worked on construction. GridStor is backed by Goldman Sachs Asset Management and manages a pipeline of over 3 GW of battery projects in later-stage development or construction across the western and central U.S.

Boyd (NYSE: GS) signed a definitive agreement to sell its Thermal business to Eaton for $9.5 billion. The transaction is subject to customary regulatory approvals and is expected to close in 2Q 2026. After closing, Boyd's Engineered Materials business will continue to operate as an independent company under the Boyd brand and remain backed by Goldman Sachs Alternatives. Management highlighted combined technology synergies with Eaton and said the divestiture positions Boyd Engineered Materials to pursue growth in high‑growth markets while maintaining segmented operations, R&D, sales, and customer support.

Goldman Sachs (NYSE: GS) honored Mark Hanson, co-founder and president of Black Buffalo, as one of the Most Exceptional Entrepreneurs of 2025 at its Builders and Innovators Summit on October 28, 2025.

Goldman Sachs selected leaders across industries for the two-day event focused on building enduring companies and advancing innovation. Hanson's recognition follows Black Buffalo milestones cited by the company: expanded national retail distribution, growth of its Herd Rewards loyalty program, and continued R&D and compliance efforts serving adult (21+) nicotine and tobacco consumers.

Goldman Sachs BDC, Inc. (NYSE: GSBD) will report third quarter 2025 results for the period ended September 30, 2025 after the market closes on Thursday, November 6, 2025. The company will host an earnings conference call on Friday, November 7, 2025 at 9:00 am Eastern Time to discuss results.

Participation options include telephone or an audio webcast on the Investor Resources section of www.goldmansachsbdc.com. Replay will be available on the same webcast link. For access questions, contact Investor Relations at gscr-ir@gs.com.

Doral Renewables CEO Nick Cohen was named one of the Most Exceptional Entrepreneurs of 2025 by Goldman Sachs (NYSE:GS) at the Builders and Innovators Summit on October 17, 2025.

Highlights tied to the recognition include a $1.5B financial close for remaining phases of the 1.3 GW Mammoth Solar project (Indiana), a 430 MW Power Purchase Agreement for Cold Creek Solar (Texas), a $100M letter-of-credit facility closing, and a $30M tax-equity investment for Great Bend Solar (Ohio). Doral reported a nearly 18 GW development portfolio, 400 MW operating, 950 MW under construction, and ~$3B in long-term PPAs. The company also announced an agrivoltaics partnership with American Farmland Trust.