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GSBD Overview

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$
0.000
0.000(0.000%)
At close
0.000(0.000%)Aft-market
ET
$
0.000
0.000(0.000%)
At close
0.000(0.000%)Aft-market
ET
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Intellectia

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High
9.340
Open
9.310
VWAP
9.29
Vol
1.19M
Mkt Cap
1.05B
Low
9.215
Amount
11.02M
EV/EBITDA(TTM)
15.51
Total Shares
112.57M
EV
2.91B
EV/OCF(TTM)
14.38
P/S(TTM)
4.02
Goldman Sachs BDC, Inc. is a specialty finance company focused on lending to middle-market companies. The Company seeks to generate current income and, to a lesser extent, capital appreciation primarily through direct originations of secured debt, including first lien, first lien/last-out unitranche and second lien debt, and unsecured debt, including mezzanine debt, as well as through select equity investments. It may also originate covenant-lite loans, which are loans with fewer financial maintenance covenants than other obligations, or no financial maintenance covenants. In addition to investments in United States middle-market companies, it may invest a portion of its capital in opportunistic investments, such as in large United States companies, foreign companies, stressed or distressed debt, structured products or private equity. It invests in various sectors, including automobiles, chemicals and financial services. Its investment advisor is Goldman Sachs Asset Management, L.P.
Show More

Events Timeline

(ET)
2025-12-25
08:10:00
Goldman Sachs BDC Sees Share Value Slide for Seven Straight Quarters
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link

News

Fool
2.0
06-18Fool
High Dividend Risks and Rewards of Business Development Companies
  • High Dividend Appeal: Business development companies like Ares Capital and Main Street Capital offer dividend yields exceeding 10%, attracting investor interest; however, this comes with high-risk lending models that depend on their ability to manage capital needs of mid-sized firms.
  • Loan Rate Risks: Ares Capital's weighted average interest rate on its loan portfolio stands at 10.3%, mirroring Main Street Capital, indicating a high-risk lending environment for mid-sized companies, where elevated rates may lead to borrower defaults, impacting company earnings.
  • Market Demand Fluctuations: During economic downturns, mid-sized firms may curtail borrowing, making it challenging for business development companies to expand their income-generating loan portfolios, which could affect their dividend payment capabilities and market attractiveness.
  • Investor Confidence Impact: While demand for funding from business development companies remains, investor concerns about borrowers' repayment abilities may suppress investments, leading some firms like Gladstone Capital and Goldman Sachs BDC to lower their per-share dividends, reflecting the challenges of the current market environment.
NASDAQ.COM
7.5
06-18NASDAQ.COM
Analysis of Risks and Rewards in Business Development Company Investments
  • High Dividend Yields: Business development companies like Ares Capital and Main Street Capital offer dividend yields exceeding 10%, which, while indicative of the high risks associated with their borrowers, attracts investors seeking substantial returns.
  • Loan Rate Risks: Ares Capital's weighted average interest rate stands at 10.3%, matching that of Main Street Capital, indicating that the risk of borrower defaults may rise amid economic uncertainty, potentially impacting the stability of BDC earnings.
  • Market Demand Fluctuations: In downturns, mid-sized companies may curtail borrowing, limiting BDCs' income sources; although they can convert interest payments into dividends, their ability to expand income-generating loans is constrained.
  • Investor Confidence Impact: While demand for BDC funding remains healthy, investor concerns about borrowers' repayment capabilities may hinder BDCs' ability to raise capital, leading some companies like Gladstone Capital and Goldman Sachs BDC to lower their per-share payouts, reflecting challenges in the current market environment.
Fool
8.5
06-09Fool
SpaceX IPO Insights: Massive AI Market Potential
  • Market Size Estimate: SpaceX claims in its IPO prospectus that its quantifiable total addressable market (TAM) is $28.5 trillion, with only 1% related to rocket launches, indicating that the rocket business potential is merely $370 billion, highlighting the need for growth in other segments.
  • AI Business Outlook: The AI compute market is estimated at $26.5 trillion, despite the division generating only $3.2 billion in revenue last year with negative net profits, showcasing its significant growth potential in the early stages, which could drive the company's IPO valuation.
  • Capital Expenditure Strategy: A substantial portion of the company's capital expenditures will continue to support its AI initiatives, and SpaceX has also made a $60 billion acquisition offer for Cursor, indicating a strong commitment to AI investment, even though the acquisition is not yet finalized.
  • Analyst Optimism: Morgan Stanley predicts that SpaceX's revenues could reach $3.4 trillion by 2040, largely driven by rapid growth in its AI division, while Goldman Sachs forecasts AI revenue to surge to $322 billion by 2030, although both firms are underwriters for the SpaceX IPO, necessitating cautious interpretation of their bullish outlook.
NASDAQ.COM
8.5
06-09NASDAQ.COM
SpaceX IPO Insights: Massive Market Potential Ahead
  • Market Size Estimate: SpaceX claims a total addressable market (TAM) of $28.5 trillion, with only 1% related to rocket launches, highlighting both the potential and risks of its diversified business model.
  • AI Business Outlook: The company anticipates that the AI compute market will become the next trillion-dollar opportunity, valued at $26.5 trillion; however, its AI division generated only $3.2 billion in revenue last year and remains in an early stage, reflecting a high-risk, high-reward scenario.
  • IPO Valuation Challenges: SpaceX's IPO target valuation of $1.77 trillion heavily relies on its unprofitable AI business, with analysts cautiously optimistic about future revenue growth, suggesting significant potential despite current losses.
  • Capital Expenditure and Acquisition Plans: The company plans to allocate most of its capital expenditures to the AI sector and has made a $60 billion acquisition offer for Cursor, demonstrating its commitment to AI and future growth strategies.
Newsfilter
6.0
05-15Newsfilter
Fitch Downgrades Goldman Sachs BDC Outlook to Negative
  • Outlook Downgrade: Fitch has changed the ratings outlook for Goldman Sachs' private credit fund, Goldman Sachs BDC, to negative, maintaining its current lower-investment grade rating but indicating a potential downgrade if asset cushions do not improve, reflecting market concerns about its risk profile.
  • Insufficient Asset Coverage: Fitch analysts noted that Goldman Sachs BDC's asset coverage cushion is low, indicating credit deterioration in its portfolio, particularly as advances in artificial intelligence threaten the business models of certain software companies, leading to increased scrutiny from investors.
  • Rising Non-Accrual Rate: The fund reported an increase in its loan portfolio's non-accrual rate from 2.8% to 4.7% in Q1, highlighting heightened credit risk, with approximately 10% of its interest and dividend income derived from
Fool
8.5
05-09Fool
Private Management Group Acquires Goldman Sachs BDC Shares
  • New Investment Position: Private Management Group initiated a new position in Goldman Sachs BDC by acquiring 5,003,354 shares for approximately $46.19 million in the first quarter of 2026, representing 1.3% of their reported 13F assets, indicating confidence in the company.
  • Stock Performance Analysis: As of May 7, Goldman Sachs BDC shares were priced at $9.28, reflecting a 13% decline over the past year, significantly underperforming the S&P 500's 30% gain during the same period, highlighting market concerns about its future performance.
  • Financial Health Status: The latest earnings report revealed a 3.7% sequential drop in net asset value per share to $12.17, with net investment income decreasing from $0.37 to $0.22 per share, indicating pressures on profitability and asset quality risks.
  • Investor Outlook: Despite rising credit risk challenges, management maintained a quarterly base dividend of $0.32 per share, prompting long-term investors to assess whether the high yield sufficiently compensates for potential credit risks.
Wall Street analysts forecast GSBD stock price to rise
4 Analyst Rating
Wall Street analysts forecast GSBD stock price to rise
0 Buy
3 Hold
1 Sell
Hold
Current: 0.000
sliders
Low
9.00
Averages
10.06
High
11.00
Current: 0.000
sliders
Low
9.00
Averages
10.06
High
11.00
Truist
Hold
downgrade
$10 -> $9
AI Analysis
2026-05-19
Reason
Truist
Price Target
$10 -> $9
AI Analysis
2026-05-19
downgrade
Hold
Reason
Truist lowered the firm's price target on Goldman Sachs BDC to $9 from $10 and keeps a Hold rating on the shares as part of a broader research note updating the firm's models on Business Development Companies that have recently reported results. The firm notes that its reduced price targets reflect lower interest yields and slowing investment activity, further stating that credit quality worsened again in Q1 for the group, though for the most part, credit remains in check, the analyst tells investors in a research note. Truist adds that it maintains a bullish stance on the group primarily due to valuations, though with continued expected direct lending retail evergreen fund redemptions, Truist sees the group likely treading water in the near-term.
BofA
Neutral
downgrade
$9
2026-03-09
Reason
BofA
Price Target
$9
2026-03-09
downgrade
Neutral
Reason
BofA lowered the firm's price target on Goldman Sachs BDC to $9 from $9.75 and keeps a Neutral rating on the shares. The firm is adjusting forecasts for several business development companies following quarterly reports from the group.
Unlock Full Analyst Thesis, Get the complete breakdown of rating reason for GSBD
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Valuation Metrics

The current forward P/E ratio for Goldman Sachs BDC Inc (GSBD.N) is 10.78, compared to its 5-year average forward P/E of 7.61. For a more detailed relative valuation and DCF analysis to assess Goldman Sachs BDC Inc's fair value, Click here.

Forward PE

The forward P/E ratio is a valuation metric that divides a company's current stock price by its estimated future earnings per share over the next 12 months.
StronglyUndervaluedUndervaluedFairOvervaluedStronglyOvervalueddotted line Image
5Y Average PE
7.61
Current PE
10.78
Overvalued PE
9.51
Undervalued PE
5.72

Forward EV/EBITDA

The forward EV/EBITDA ratio is a valuation metric that divides a company's enterprise value (EV) by its estimated future earnings before interest, taxes, depreciation, and amortization (EBITDA) over the next 12 months.
StronglyUndervaluedUndervaluedFairOvervaluedStronglyOvervalueddotted line Image
N/A
5Y Average EV/EBITDA
2.59
Current EV/EBITDA
9.68
Overvalued EV/EBITDA
12.18
Undervalued EV/EBITDA
-7.01

Forward PS

The forward P/S ratio is a valuation metric that divides a company's current stock price by its estimated future sales (or revenue) per share over the next 12 months.
StronglyUndervaluedUndervaluedFairOvervaluedStronglyOvervalueddotted line Image
5Y Average PS
3.87
Current PS
3.46
Overvalued PS
4.82
Undervalued PS
2.92

Financials

AI Analysis
Annual
Quarterly

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Whales Holding GSBD

A
Ares Management LLC
Holding
GSBD
+25.46%
3M Return
G
Generali Asset Management SGR SpA
Holding
GSBD
+12.88%
3M Return

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Frequently Asked Questions

What is Goldman Sachs BDC Inc (GSBD) stock price today?

The current price of GSBD is 9.31 USD — it has increased 1.31

What is Goldman Sachs BDC Inc (GSBD)'s business?

Goldman Sachs BDC, Inc. is a specialty finance company focused on lending to middle-market companies. The Company seeks to generate current income and, to a lesser extent, capital appreciation primarily through direct originations of secured debt, including first lien, first lien/last-out unitranche and second lien debt, and unsecured debt, including mezzanine debt, as well as through select equity investments. It may also originate covenant-lite loans, which are loans with fewer financial maintenance covenants than other obligations, or no financial maintenance covenants. In addition to investments in United States middle-market companies, it may invest a portion of its capital in opportunistic investments, such as in large United States companies, foreign companies, stressed or distressed debt, structured products or private equity. It invests in various sectors, including automobiles, chemicals and financial services. Its investment advisor is Goldman Sachs Asset Management, L.P.

What is the price predicton of GSBD Stock?

Wall Street analysts forecast GSBD stock price to rise over the next 12 months. According to Wall Street analysts, the average 1-year price target for GSBD is10.06 USD with a low forecast of 9.00 USD and a high forecast of 11.00 USD. However, analyst price targets are subjective and often lag stock prices, so investors should focus on the objective reasons behind analyst rating changes, which better reflect the company's fundamentals.

What is Goldman Sachs BDC Inc (GSBD)'s revenue for the last quarter?

Goldman Sachs BDC Inc revenue for the last quarter amounts to 40.40M USD, decreased -48.84

What is Goldman Sachs BDC Inc (GSBD)'s earnings per share (EPS) for the last quarter?

Goldman Sachs BDC Inc. EPS for the last quarter amounts to -0.12 USD, decreased -144.44

How many employees does Goldman Sachs BDC Inc (GSBD). have?

Goldman Sachs BDC Inc (GSBD) has 0 emplpoyees as of June 20 2026.

What is Goldman Sachs BDC Inc (GSBD) market cap?

Today GSBD has the market capitalization of 1.05B USD.