$48.80
0[0.00%]
At close: Apr 29
$48.80
0[0.00%]
After Hours: 4:20PM EDT
GLOBALFOUNDRIES
(NASDAQ:GFS)GLOBALFOUNDRIES Stock (NASDAQ:GFS), Analyst Ratings, Price Targets, Predictions
GLOBALFOUNDRIES Inc has a consensus price target of $69.32, established from looking at the 70 latest analyst ratings. The last 3 analyst ratings were released from B of A Securities, Evercore ISI Group, and Cantor Fitzgerald on April 16, 2024, April 16, 2024, and April 8, 2024. With an average price target of $60.33 between B of A Securities, Evercore ISI Group, and Cantor Fitzgerald, there's an implied 23.63% upside for GLOBALFOUNDRIES Inc from these 3 analyst ratings.
Analyst Firms Making Recommendations1
B of A Securities
Evercore ISI Group
Cantor Fitzgerald
Susquehanna
Baird
1calculated from analyst ratings published within the last 3 years
Analyst Ratings for GLOBALFOUNDRIES
date | ticker | Buy Now | Company | Current price | Upside/Downside | Analyst Firm | Analyst & % Accurate | Price Target Change | Rating Change | Previous / Current Rating | Get Alert |
|---|---|---|---|---|---|---|---|---|---|---|---|
| 04/16/2024 | GFS | Buy Now | GLOBALFOUNDRIES | $48.80 | 12.7% | B of A Securities | Vivek Arya | $62 → $55 | Maintains | Neutral | Get Alert |
| 04/16/2024 | GFS | Buy Now | GLOBALFOUNDRIES | $48.80 | 45.49% | Evercore ISI Group | Mark Lipacis | → $71 | Initiates | → Outperform | Get Alert |
| 04/08/2024 | GFS | Buy Now | GLOBALFOUNDRIES | $48.80 | 12.7% | Cantor Fitzgerald | C J Muse | $70 → $55 | Downgrade | Overweight → Neutral | Get Alert |
| 03/11/2024 | GFS | Buy Now | GLOBALFOUNDRIES | $48.80 | 43.44% | Cantor Fitzgerald | C J Muse | → $70 | Reiterates | Overweight → Overweight | Get Alert |
| 03/05/2024 | GFS | Buy Now | GLOBALFOUNDRIES | $48.80 | -1.64% | Susquehanna | Mehdi Hosseini | — | Downgrade | Positive → Neutral | Get Alert |
| 02/14/2024 | GFS | Buy Now | GLOBALFOUNDRIES | $48.80 | 29.1% | Baird | Tristan Gerra | $70 → $63 | Maintains | Outperform | Get Alert |
| 02/14/2024 | GFS | Buy Now | GLOBALFOUNDRIES | $48.80 | 12.7% | JP Morgan | Harlan Sur | $56 → $55 | Maintains | Neutral | Get Alert |
| 02/14/2024 | GFS | Buy Now | GLOBALFOUNDRIES | $48.80 | 43.44% | Cantor Fitzgerald | C J Muse | → $70 | Reiterates | Overweight → Overweight | Get Alert |
| 02/14/2024 | GFS | Buy Now | GLOBALFOUNDRIES | $48.80 | 33.2% | Susquehanna | Mehdi Hosseini | $74 → $65 | Maintains | Positive | Get Alert |
| 02/05/2024 | GFS | Buy Now | GLOBALFOUNDRIES | $48.80 | 14.75% | JP Morgan | Harlan Sur | $65 → $56 | Downgrade | Overweight → Neutral | Get Alert |
| 01/23/2024 | GFS | Buy Now | GLOBALFOUNDRIES | $48.80 | 43.44% | Cantor Fitzgerald | C J Muse | → $70 | Initiates | → Overweight | Get Alert |
| 12/15/2023 | GFS | Buy Now | GLOBALFOUNDRIES | $48.80 | 33.2% | B of A Securities | Vivek Arya | $70 → $65 | Downgrade | Buy → Neutral | Get Alert |
| 11/08/2023 | GFS | Buy Now | GLOBALFOUNDRIES | $48.80 | 39.34% | Morgan Stanley | Joseph Moore | $73 → $68 | Maintains | Overweight | Get Alert |
| 11/08/2023 | GFS | Buy Now | GLOBALFOUNDRIES | $48.80 | 33.2% | JP Morgan | Harlan Sur | $75 → $65 | Maintains | Overweight | Get Alert |
| 11/02/2023 | GFS | Buy Now | GLOBALFOUNDRIES | $48.80 | 53.69% | Susquehanna | Mehdi Hosseini | $82 → $75 | Maintains | Positive | Get Alert |
| 08/09/2023 | GFS | Buy Now | GLOBALFOUNDRIES | $48.80 | 33.2% | Deutsche Bank | Ross Seymore | $70 → $65 | Maintains | Buy | Get Alert |
| 08/09/2023 | GFS | Buy Now | GLOBALFOUNDRIES | $48.80 | 49.59% | Morgan Stanley | Joseph Moore | $80 → $73 | Maintains | Overweight | Get Alert |
| 08/09/2023 | GFS | Buy Now | GLOBALFOUNDRIES | $48.80 | 43.44% | Citigroup | Christopher Danely | $77 → $70 | Maintains | Buy | Get Alert |
| 08/04/2023 | GFS | Buy Now | GLOBALFOUNDRIES | $48.80 | 68.03% | Susquehanna | Mehdi Hosseini | $84 → $82 | Maintains | Positive | Get Alert |
FAQ
What is the target price for GLOBALFOUNDRIES (GFS)?
The latest price target for GLOBALFOUNDRIES (NASDAQ: GFS) was reported by B of A Securities on April 16, 2024. The analyst firm set a price target for $55.00 expecting GFS to rise to within 12 months (a possible 12.70% upside). 24 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 B of A Securities, and GLOBALFOUNDRIES maintained their neutral 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 April 16, 2024 so you should expect the next rating to be made available sometime around April 16, 2025.
Is the Analyst Rating GLOBALFOUNDRIES (GFS) correct?
While ratings are subjective and will change, the latest GLOBALFOUNDRIES (GFS) rating was a maintained with a price target of $62.00 to $55.00. The current price GLOBALFOUNDRIES (GFS) is trading at is $48.80, which is out of the analyst’s predicted range.
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