$54.47
0[0.00%]
At close: May 15
$54.47
0[0.00%]
After Hours: 4:00PM EDT
GLOBALFOUNDRIES
(NASDAQ:GFS)GLOBALFOUNDRIES Stock (NASDAQ:GFS), Analyst Ratings, Price Targets, Predictions
GLOBALFOUNDRIES Inc has a consensus price target of $65.38, established from looking at the 76 latest analyst ratings. The last 3 analyst ratings were released from Jefferies, HSBC, and Morgan Stanley on May 13, 2024, May 8, 2024, and May 8, 2024. With an average price target of $58.33 between Jefferies, HSBC, and Morgan Stanley, there's an implied 7.09% upside for GLOBALFOUNDRIES Inc from these 3 analyst ratings.
Analyst Firms Making Recommendations1
Jefferies
HSBC
Morgan Stanley
Susquehanna
Needham
1calculated from analyst ratings published within the last 3 years
Analyst Ratings for GLOBALFOUNDRIES
| Buy Now | Get Alert | |||||||
|---|---|---|---|---|---|---|---|---|
| 05/13/2024 | Buy Now | 13.82% | Jefferies | Blayne Curtis | $67 → $62 | Assumes | Buy → Buy | Get Alert |
| 05/08/2024 | Buy Now | -8.21% | HSBC | Frank Lee | $43 → $50 | Maintains | Hold | Get Alert |
| 05/08/2024 | Buy Now | 15.66% | Morgan Stanley | Joseph Moore | $62 → $63 | Maintains | Overweight | Get Alert |
| 05/08/2024 | Buy Now | -8.21% | Susquehanna | Mehdi Hosseini | $48 → $50 | Maintains | Neutral | Get Alert |
| 05/08/2024 | Buy Now | — | Needham | Quinn Bolton | — | Reiterates | → Hold | Get Alert |
| 05/03/2024 | Buy Now | -21.06% | HSBC | Frank Lee | $56 → $43 | Maintains | Hold | Get Alert |
| 04/16/2024 | Buy Now | 0.97% | B of A Securities | Vivek Arya | $62 → $55 | Maintains | Neutral | Get Alert |
| 04/16/2024 | Buy Now | 30.35% | Evercore ISI Group | Mark Lipacis | → $71 | Initiates | → Outperform | Get Alert |
| 04/08/2024 | Buy Now | 0.97% | Cantor Fitzgerald | C J Muse | $70 → $55 | Downgrade | Overweight → Neutral | Get Alert |
| 03/11/2024 | Buy Now | 28.51% | Cantor Fitzgerald | C J Muse | → $70 | Reiterates | Overweight → Overweight | Get Alert |
| 03/05/2024 | Buy Now | -11.88% | Susquehanna | Mehdi Hosseini | — | Downgrade | Positive → Neutral | Get Alert |
| 02/14/2024 | Buy Now | 15.66% | Baird | Tristan Gerra | $70 → $63 | Maintains | Outperform | Get Alert |
| 02/14/2024 | Buy Now | 0.97% | JP Morgan | Harlan Sur | $56 → $55 | Maintains | Neutral | Get Alert |
| 02/14/2024 | Buy Now | 28.51% | Cantor Fitzgerald | C J Muse | → $70 | Reiterates | Overweight → Overweight | Get Alert |
| 02/14/2024 | Buy Now | 19.33% | Susquehanna | Mehdi Hosseini | $74 → $65 | Maintains | Positive | Get Alert |
| 02/05/2024 | Buy Now | 2.81% | JP Morgan | Harlan Sur | $65 → $56 | Downgrade | Overweight → Neutral | Get Alert |
| 01/23/2024 | Buy Now | 28.51% | Cantor Fitzgerald | C J Muse | → $70 | Initiates | → Overweight | Get Alert |
| 12/15/2023 | Buy Now | 19.33% | B of A Securities | Vivek Arya | $70 → $65 | Downgrade | Buy → Neutral | Get Alert |
| 11/08/2023 | Buy Now | 24.84% | Morgan Stanley | Joseph Moore | $73 → $68 | Maintains | Overweight | Get Alert |
| 11/08/2023 | Buy Now | 19.33% | JP Morgan | Harlan Sur | $75 → $65 | Maintains | Overweight | Get Alert |
| 11/02/2023 | Buy Now | 37.69% | Susquehanna | Mehdi Hosseini | $82 → $75 | Maintains | Positive | Get Alert |
| 08/09/2023 | Buy Now | 19.33% | Deutsche Bank | Ross Seymore | $70 → $65 | Maintains | Buy | Get Alert |
| 08/09/2023 | Buy Now | 34.02% | Morgan Stanley | Joseph Moore | $80 → $73 | Maintains | Overweight | Get Alert |
| 08/09/2023 | Buy Now | 28.51% | Citigroup | Christopher Danely | $77 → $70 | Maintains | Buy | Get Alert |
| 08/04/2023 | Buy Now | 50.54% | Susquehanna | Mehdi Hosseini | $84 → $82 | Maintains | Positive | Get Alert |
| 07/20/2023 | Buy Now | 46.87% | Wolfe Research | Chris Caso | → $80 | Initiates | → Outperform | Get Alert |
| 05/10/2023 | Buy Now | 32.18% | Wedbush | Matt Bryson | $80 → $72 | Maintains | Outperform | Get Alert |
| 05/10/2023 | Buy Now | 46.87% | Morgan Stanley | Joseph Moore | $85 → $80 | Maintains | Overweight | Get Alert |
| 05/10/2023 | Buy Now | 37.69% | Raymond James | Melissa Fairbanks | $90 → $75 | Maintains | Outperform | Get Alert |
| 05/10/2023 | Buy Now | 28.51% | Needham | Rajvindra Gill | $80 → $70 | Maintains | Buy | Get Alert |
| 02/15/2023 | Buy Now | 54.21% | Susquehanna | Mehdi Hosseini | $76 → $84 | Maintains | Positive | Get Alert |
| 02/15/2023 | Buy Now | 56.05% | Morgan Stanley | Joseph Moore | $72 → $85 | Maintains | Overweight | Get Alert |
| 02/15/2023 | Buy Now | 46.87% | Loop Capital | Charles Park | $70 → $80 | Maintains | Buy | Get Alert |
| 02/15/2023 | Buy Now | 56.05% | Credit Suisse | Chris Caso | $78 → $85 | Maintains | Outperform | Get Alert |
| 02/15/2023 | Buy Now | 41.36% | Citigroup | Christopher Danely | $67 → $77 | Maintains | Buy | Get Alert |
| 02/15/2023 | Buy Now | 46.87% | Cowen & Co. | Krish Sankar | $75 → $80 | Maintains | Outperform | Get Alert |
| 02/15/2023 | Buy Now | 46.87% | Needham | Rajvindra Gill | $72 → $80 | Maintains | Buy | Get Alert |
| 02/15/2023 | Buy Now | 19.33% | HSBC | Frank Lee | $55 → $65 | Maintains | Hold | Get Alert |
| 02/15/2023 | Buy Now | 65.23% | Raymond James | Melissa Fairbanks | $70 → $90 | Maintains | Outperform | Get Alert |
| 01/24/2023 | Buy Now | 28.51% | Loop Capital | Charles Park | → $70 | Initiates | → Buy | Get Alert |
| 11/16/2022 | Buy Now | 43.2% | Credit Suisse | Chris Caso | → $78 | Assumes | → Outperform | Get Alert |
| 11/09/2022 | Buy Now | 32.18% | Needham | Rajvindra Gill | $68 → $72 | Maintains | Buy | Get Alert |
| 10/18/2022 | Buy Now | 10.15% | Deutsche Bank | Ross Seymore | $65 → $60 | Maintains | Buy | Get Alert |
| 08/11/2022 | Buy Now | 19.33% | Deutsche Bank | Ross Seymore | $60 → $65 | Maintains | Buy | Get Alert |
| 08/10/2022 | Buy Now | 10.15% | Deutsche Bank | Ross Seymore | $55 → $60 | Maintains | Buy | Get Alert |
| 08/10/2022 | Buy Now | 23% | Citigroup | Christopher Danely | $70 → $67 | Maintains | Buy | Get Alert |
| 08/10/2022 | Buy Now | 28.51% | Raymond James | Melissa Fairbanks | $80 → $70 | Maintains | Outperform | Get Alert |
| 08/10/2022 | Buy Now | 28.51% | Needham | Rajvindra Gill | $50 → $70 | Maintains | Buy | Get Alert |
| 07/20/2022 | Buy Now | 0.97% | Deutsche Bank | Ross Seymore | $70 → $55 | Maintains | Buy | Get Alert |
| 06/29/2022 | Buy Now | 4.64% | B of A Securities | Vivek Arya | $75 → $57 | Maintains | Buy | Get Alert |
| 06/06/2022 | Buy Now | 28.51% | Citigroup | Christopher Danely | $65 → $70 | Maintains | Buy | Get Alert |
| 05/11/2022 | Buy Now | 28.51% | Needham | Rajvindra Gill | $87 → $70 | Maintains | Buy | Get Alert |
| 05/11/2022 | Buy Now | 32.18% | Morgan Stanley | Joseph Moore | $65 → $72 | Maintains | Overweight | Get Alert |
| 05/09/2022 | Buy Now | 19.33% | Morgan Stanley | Joseph Moore | $72.5 → $65 | Maintains | Overweight | Get Alert |
| 04/20/2022 | Buy Now | 28.51% | Deutsche Bank | Ross Seymore | $78 → $70 | Maintains | Buy | Get Alert |
| 03/03/2022 | Buy Now | 33.1% | Morgan Stanley | Joseph Moore | → $72.5 | Upgrade | Equal-Weight → Overweight | Get Alert |
| 02/09/2022 | Buy Now | 28.51% | Morgan Stanley | Joseph Moore | $68 → $70 | Maintains | Equal-Weight | Get Alert |
| 12/01/2021 | Buy Now | 43.2% | Deutsche Bank | Ross Seymore | — | Maintains | Buy | Get Alert |
| 12/01/2021 | Buy Now | 24.84% | Morgan Stanley | Joseph Moore | — | Maintains | Equal-Weight | Get Alert |
| 12/01/2021 | Buy Now | 46.87% | Credit Suisse | John Pitzer | — | Maintains | Outperform | Get Alert |
| 12/01/2021 | Buy Now | 59.72% | Needham | Rajvindra Gill | — | Maintains | Buy | Get Alert |
| 11/22/2021 | Buy Now | 16.58% | HSBC | Frank Lee | — | Initiates | → Hold | Get Alert |
| 11/22/2021 | Buy Now | 61.56% | B of A Securities | Vivek Arya | — | Initiates | → Buy | Get Alert |
| 11/22/2021 | Buy Now | 23% | Morgan Stanley | Joseph Moore | — | Initiates | → Equal-Weight | Get Alert |
| 11/22/2021 | Buy Now | 37.69% | Deutsche Bank | Ross Seymore | — | Initiates | → Buy | Get Alert |
| 11/22/2021 | Buy Now | 37.69% | Wedbush | Matt Bryson | — | Initiates | → Outperform | Get Alert |
| 11/22/2021 | Buy Now | 46.87% | Raymond James | Chris Caso | — | Initiates | → Outperform | Get Alert |
| 11/22/2021 | Buy Now | 46.87% | Cowen & Co. | — | — | Initiates | → Outperform | Get Alert |
| 11/22/2021 | Buy Now | 37.69% | Citigroup | Christopher Danely | — | Initiates | → Buy | Get Alert |
| 11/22/2021 | Buy Now | 83.59% | Baird | Tristan Gerra | — | Initiates | → Outperform | Get Alert |
| 11/22/2021 | Buy Now | 56.05% | Needham | Rajvindra Gill | — | Initiates | → Buy | Get Alert |
| 11/22/2021 | Buy Now | 46.87% | JP Morgan | Harlan Sur | — | Initiates | → Overweight | Get Alert |
| 11/22/2021 | Buy Now | 37.69% | Credit Suisse | John Pitzer | — | Initiates | → Outperform | Get Alert |
| 11/22/2021 | Buy Now | 59.72% | Jefferies | Mark Lipacis | — | Initiates | → Buy | Get Alert |
| 11/09/2021 | Buy Now | 56.05% | Susquehanna | Mehdi Hosseini | — | Initiates | → Positive | Get Alert |
| 11/08/2021 | Buy Now | -24.73% | Arete Research | — | — | Initiates | → Sell | Get Alert |
FAQ
What is the target price for GLOBALFOUNDRIES (GFS)?
The latest price target for GLOBALFOUNDRIES (NASDAQ: GFS) was reported by Jefferies on May 13, 2024. The analyst firm set a price target for $62.00 expecting GFS to rise to within 12 months (a possible 13.82% upside). 26 analyst firms have reported ratings in the last year.
What is the most recent analyst rating for GLOBALFOUNDRIES (GFS)?
The latest analyst rating for GLOBALFOUNDRIES (NASDAQ: GFS) was provided by Jefferies, and GLOBALFOUNDRIES their buy rating.
When was the last upgrade for GLOBALFOUNDRIES (GFS)?
The last upgrade for GLOBALFOUNDRIES Inc happened on March 3, 2022 when Morgan Stanley raised their price target to $72.5. Morgan Stanley previously had an equal-weight for GLOBALFOUNDRIES Inc.
When was the last downgrade for GLOBALFOUNDRIES (GFS)?
The last downgrade for GLOBALFOUNDRIES Inc happened on April 8, 2024 when Cantor Fitzgerald changed their price target from $70 to $55 for GLOBALFOUNDRIES Inc.
When is the next analyst rating going to be posted or updated for GLOBALFOUNDRIES (GFS)?
Analysts arrive at stock ratings after doing extensive research, which includes going through public financial statements, talking to executives and customers of GLOBALFOUNDRIES, and listening in to earnings conference calls. Most analysts do this every three months, so you should get 4 ratings per company per firm each year. The last rating for GLOBALFOUNDRIES was filed on May 13, 2024 so you should expect the next rating to be made available sometime around May 13, 2025.
Is the Analyst Rating GLOBALFOUNDRIES (GFS) correct?
While ratings are subjective and will change, the latest GLOBALFOUNDRIES (GFS) rating was a with a price target of $67.00 to $62.00. The current price GLOBALFOUNDRIES (GFS) is trading at is $54.47, which is out of the analyst’s predicted range.
Browse analyst ratings and price targets on all stocks.