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GOVT-CONTRACT ·Filed Jul 21, 2026

GS

GOLDMAN SACHS GROUP INC
NEUTRAL
Impact 2/10
Horizonimmediate Processed3mo ago
Large government contract award ($500M+)
Actionable Insight • Neutral

The contract is too small to move Goldman Sachs' stock. Monitor for follow-on precious metals supply agreements that could signal a larger Treasury relationship, but this award alone has no material impact.

DirectionNeutral
Confidencehigh
Horizonimmediate
Final — all horizons settled through T+60d
GS ▼ -18.44% at T+60d
NEUTRAL call -18.44% · α vs SPY -21.96% · entry $1,092.85 → $891.28
Entry = T+0 close
Jul 22, 2026
via day close
T+1d
-2.14%
call -2.14% · α -0.90%
$1,069.48
settled 3mo ago
T+5d
-10.69%
call -10.69% · α -8.29%
$975.97
settled 3mo ago
T+20d
-6.97%
call -6.97% · α -9.87%
$1,016.67
settled 2mo ago
T+60d
-18.44%
call -18.44% · α -21.96%
$891.28
settled 12d ago

Price Chart

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Executive Summary

Goldman Sachs subsidiary J. Aron & Company was awarded a $34.5M contract by the Department of the Treasury to supply silver bullion for the U.S. Mint. The award is immaterial relative to the firm's $81.4B annualized revenue (0.04%) and represents routine precious metals supply to a key government client.

Key Financial Metrics

Award Amount
$34.5M
Agency
Department of the Treasury
Contract Type
new
Rev Impact
+0.0%

Key Facts

  • Award amount: $34,471,539.43
  • Awarding agency: Department of the Treasury
  • Recipient: J. Aron & Company LLC, a subsidiary of Goldman Sachs
  • Description: Silver raw material for Mint Mac silver bullion
  • Award represents ~0.04% of Goldman Sachs' annualized revenue of $81.4B

Financial Impact

$34.5M award, ~0.04% of annualized revenue

revenue

Risk Factors

  • Award amount is immaterial relative to firm size
  • No margin information provided; government bullion supply typically carries low margins

Investment Themes

Traditional Finance

Documents Analyzed

This report is based on 1 federal contract record from official U.S. government contract data.

DocumentAccession Number
GOVT-CONTRACT Data (Synthetic)contract-2031JG26F59000
21 reports for GS
Performance horizon
50% Hit rate @ T+1 2 of 4 directional calls Went positive at some point 3 of 4 best @ T+1▲ +1.44%Oct 8, 2026
Filters
Rows
Reports for GS — sortable, filterable
TypeNow
Oct 23, 2026
3d ago
ANALYST-UPGRADE
BULLISH ★ 4/10
$877.07awaiting T+1—$912.83 (+4.08%)
Oct 22, 2026
4d ago
144
NEUTRAL ★ 2/10
$875.68 $893.28▲ +2.01%▲ +1.30%$912.83 (+4.24%)
Oct 14, 2026
13d ago
Court Ruling
NEUTRAL ★ 2/10
$891.28 $881.26▼ −1.12%▼ −0.02%$912.83 (+2.42%)
Oct 13, 2026
14d ago
8-K
BULLISH ★ 6/10
$891.91 $878.72▼ −1.48%▼ −0.40%$912.83 (+2.34%)
Oct 8, 2026
19d ago
ANALYST-UPGRADE
BULLISH ★ 4/10
$882.59 $895.32▲ +1.44%▲ +0.84%$912.83 (+3.43%)
Oct 1, 2026
25d ago
DEFA14A
NEUTRAL ★ 2/10
$902.56 $893.46▼ −1.01%▼ −1.68%$912.83 (+1.14%)
Sep 10, 2026
6w ago
Court Ruling
NEUTRAL ★ 1/10
$1,029.18 $988.45▼ −3.96%▼ −3.51%$912.83 (−11.31%)
Aug 14, 2026
10w ago
13F-HR
NEUTRAL ★ 4/10
$1,051.31 $1,040.47▼ −1.03%▼ −0.36%$912.83 (−13.17%)
Jul 21, 2026
14w ago
GOVT-CONTRACT
NEUTRAL ★ 2/10
$1,092.85 $1,069.48▼ −2.14%▼ −0.90%$912.83 (−16.47%)
Jul 20, 2026
14w ago
8-K
NEUTRAL ★ 3/10
$1,055.03 $1,085.56▲ +2.89%▲ +2.06%$912.83 (−13.48%)
Showing 10 of 21

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Report published Jul 21, 2026