GLOBALFOUNDRIES Inc
(NASDAQ:GFS)
$53.98
0.29[0.54%]
Last update: 4:55PM (Delayed 15-Minutes)
Get Real Time Here
$53.98
0[0.00%]
After-Hours
Open53.490Close53.630
Vol / Avg.1.308M / 1.318MMkt Cap29.862B
Day Range53.270 - 54.09052 Wk Range48.115 - 72.500

GLOBALFOUNDRIES Stock (NASDAQ:GFS), Analyst Ratings, Price Targets, Predictions

Analysts publish ratings and price targets on most stocks. Benzinga tracks 120 analyst firms so investors can understand if analysts expect a stock to trade higher or lower. Ratings are directional and typically buy, sell or hold. Price Targets are an analyst's best guess at where the stock will trade in 12 months.

Consensus Rating1

Outperform

Highest Price Target1

$100.00

Lowest Price Target1

$41.00

Consensus Price Target1

$73.75

Analyst Rating Summary1

BuyOverweightHoldUnderweightSell
152101

Analyst Firms Making Recommendations1

  • Morgan Stanley
  • JP Morgan
  • Susquehanna
  • Deutsche Bank
  • Citigroup

1calculated from analyst ratings published within the last 3 years

Analyst Ratings for GLOBALFOUNDRIES

Upgrades (1)

Downgrades (0)

Initiations (17)

date
ticker
Buy Now
Company
Current price
Upside/Downside
Analyst Firm
Analyst & % Accurate
Price Target Change
Rating Change
Previous / Current Rating
Get Alert
11/08/2023GFSBuy Now
GLOBALFOUNDRIES
$53.9825.97%Morgan Stanley
Joseph Moore
$73 → $68MaintainsOverweightGet Alert
11/08/2023GFSBuy Now
GLOBALFOUNDRIES
$53.9820.41%JP Morgan
Harlan Sur
$75 → $65MaintainsOverweightGet Alert
11/02/2023GFSBuy Now
GLOBALFOUNDRIES
$53.9838.94%Susquehanna
Mehdi Hosseini
$82 → $75MaintainsPositiveGet Alert
08/09/2023GFSBuy Now
GLOBALFOUNDRIES
$53.9820.41%Deutsche Bank
Ross Seymore
$70 → $65MaintainsBuyGet Alert
08/09/2023GFSBuy Now
GLOBALFOUNDRIES
$53.9835.24%Morgan Stanley
Joseph Moore
$80 → $73MaintainsOverweightGet Alert
08/09/2023GFSBuy Now
GLOBALFOUNDRIES
$53.9829.68%Citigroup
Christopher Danely
$77 → $70MaintainsBuyGet Alert
08/04/2023GFSBuy Now
GLOBALFOUNDRIES
$53.9851.91%Susquehanna
Mehdi Hosseini
$84 → $82MaintainsPositiveGet Alert
07/20/2023GFSBuy Now
GLOBALFOUNDRIES
$53.9848.2%Wolfe Research
Chris Caso
→ $80Initiates → OutperformGet Alert
05/10/2023GFSBuy Now
GLOBALFOUNDRIES
$53.9833.38%Wedbush
Matt Bryson
$80 → $72MaintainsOutperformGet Alert
05/10/2023GFSBuy Now
GLOBALFOUNDRIES
$53.9848.2%Morgan Stanley
Joseph Moore
$85 → $80MaintainsOverweightGet Alert
05/10/2023GFSBuy Now
GLOBALFOUNDRIES
$53.9838.94%Raymond James
Melissa Fairbanks
$90 → $75MaintainsOutperformGet Alert
05/10/2023GFSBuy Now
GLOBALFOUNDRIES
$53.9829.68%Needham
Rajvindra Gill
$80 → $70MaintainsBuyGet Alert
02/15/2023GFSBuy Now
GLOBALFOUNDRIES
$53.9855.61%Susquehanna
Mehdi Hosseini
$76 → $84MaintainsPositiveGet Alert
02/15/2023GFSBuy Now
GLOBALFOUNDRIES
$53.9857.47%Morgan Stanley
Joseph Moore
$72 → $85MaintainsOverweightGet Alert
02/15/2023GFSBuy Now
GLOBALFOUNDRIES
$53.9848.2%Loop Capital
Charles Park
$70 → $80MaintainsBuyGet Alert
02/15/2023GFSBuy Now
GLOBALFOUNDRIES
$53.9857.47%Credit Suisse
Chris Caso
$78 → $85MaintainsOutperformGet Alert
02/15/2023GFSBuy Now
GLOBALFOUNDRIES
$53.9842.65%Citigroup
Christopher Danely
$67 → $77MaintainsBuyGet Alert
02/15/2023GFSBuy Now
GLOBALFOUNDRIES
$53.9848.2%Cowen & Co.
Krish Sankar
$75 → $80MaintainsOutperformGet Alert
02/15/2023GFSBuy Now
GLOBALFOUNDRIES
$53.9848.2%Needham
Rajvindra Gill
$72 → $80MaintainsBuyGet Alert
Q

What is the target price for GLOBALFOUNDRIES (GFS)?

A

The latest price target for GLOBALFOUNDRIES (NASDAQ: GFS) was reported by Morgan Stanley on November 8, 2023. The analyst firm set a price target for $68.00 expecting GFS to rise to within 12 months (a possible 25.97% upside). 22 analyst firms have reported ratings in the last year.

Q

What is the most recent analyst rating for GLOBALFOUNDRIES (GFS)?

A

The latest analyst rating for GLOBALFOUNDRIES (NASDAQ: GFS) was provided by Morgan Stanley, and GLOBALFOUNDRIES maintained their overweight rating.

Q

When is the next analyst rating going to be posted or updated for GLOBALFOUNDRIES (GFS)?

A

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 November 8, 2023 so you should expect the next rating to be made available sometime around November 8, 2024.

Q

Is the Analyst Rating GLOBALFOUNDRIES (GFS) correct?

A

While ratings are subjective and will change, the latest GLOBALFOUNDRIES (GFS) rating was a maintained with a price target of $73.00 to $68.00. The current price GLOBALFOUNDRIES (GFS) is trading at is $53.98, which is out of the analyst’s predicted range.

Browse analyst ratings and price targets on all stocks.