Goldman Sachs BDC Maintains Hold Rating from Raymond James

Raymond James maintains a Hold rating on Goldman Sachs BDC (GSBD) with an average price target of $11.63, representing a 3.47% upside. The analyst consensus is currently a Hold with a market cap of $1.28B and a P/E ratio of 9.05. Truist Financial also maintained a Hold rating on the stock with a $12.00 price target.

Goldman Sachs BDC (GSBD) has received a Hold rating from multiple Wall Street analysts, with a consensus price target of $11.63. This represents a 3.47% upside from the current price of $11.24, according to data from TipRanks [1]. Raymond James, Truist Financial, and Bank of America Securities have all maintained Hold ratings on the stock, with Raymond James reiterating its Market Perform rating and Truist Financial setting a $12.00 price target.

The consensus rating is based on 3 analysts, with 0 Buy, 3 Hold, and 0 Sell ratings. The average price target is $11.63, with a high forecast of $12.00 and a low forecast of $11.25. The market cap of GSBD is $1.28 billion, and the P/E ratio is 9.05.

In its latest earnings report for the second quarter of 2025, Goldman Sachs BDC, Inc. reported a net investment income per share of $0.38 and earnings per share of $0.34. The company declared a third-quarter base dividend of $0.32 per share, a special dividend of $0.16 per share, and a second-quarter supplemental dividend of $0.03 per share [2].

The company's net asset value per share decreased slightly from $13.20 to $13.02, and the total investment portfolio was valued at $3,795.6 million. New investment commitments totaled $247.9 million, with $126.7 million funded during the quarter. The net debt-to-equity ratio improved to 1.12x.

Goldman Sachs BDC remains focused on generating current income and capital appreciation through strategic investments in middle-market companies. The company faced challenges with investments on non-accrual status, but certain positions were restored to accrual status due to improved performance.

References:
[1] https://www.tipranks.com/stocks/gsbd/forecast
[2] https://www.theglobeandmail.com/investing/markets/stocks/GSBD-N/pressreleases/34034497/goldman-sachs-bdc-inc-reports-q2-2025-earnings/