Globus Medical
(NYSE:GMED)
$53.64
0.58[1.09%]
At close: Mar 28
$53.64
0[0.00%]
After Hours: 4:02PM EDT
Consensus Rating1
Buy
Highest Price Target1
$96.00
Lowest Price Target1
$53.00
Consensus Price Target1
$64.26

Globus Medical Stock (NYSE:GMED), Analyst Ratings, Price Targets, Predictions

Globus Medical Inc has a consensus price target of $64.26, established from looking at the 63 latest analyst ratings. The last 3 analyst ratings were released from BTIG, Stifel, and Truist Securities on March 18, 2024, February 21, 2024, and February 21, 2024. With an average price target of $61.33 between BTIG, Stifel, and Truist Securities, there's an implied 14.34% upside for Globus Medical Inc from these 3 analyst ratings.

Analyst Rating Summary1

Analyst Ratings
Oct 23
2
Nov 23
1
Dec 23
1
Jan
1
Feb
1
Mar
1
Strong Buy
Buy
Hold
Sell
Strong Sell

Analyst Firms Making Recommendations1

BTIG
Stifel
Truist Securities
RBC Capital
Canaccord Genuity

1calculated from analyst ratings published within the last 3 years

Analyst Ratings for Globus Medical

date
ticker
Buy Now
Company
Current price
Upside/Downside
Analyst Firm
Analyst & % Accurate
Price Target Change
Rating Change
Previous / Current Rating
Get Alert
03/18/2024GMEDBuy Now
Globus Medical
$53.6411.86%BTIG
Ryan Zimmerman
→ $60UpgradeNeutral → BuyGet Alert
02/21/2024GMEDBuy Now
Globus Medical
$53.6419.31%Stifel
Mathew Blackman
$61 → $64MaintainsBuyGet Alert
02/21/2024GMEDBuy Now
Globus Medical
$53.6411.86%Truist Securities
Richard Newitter
$58 → $60MaintainsHoldGet Alert
01/11/2024GMEDBuy Now
Globus Medical
$53.6430.5%RBC Capital
Shagun Singh
→ $70ReiteratesOutperform → OutperformGet Alert
12/22/2023GMEDBuy Now
Globus Medical
$53.648.13%Truist Securities
Richard Newitter
$53 → $58MaintainsHoldGet Alert
12/20/2023GMEDBuy Now
Globus Medical
$53.6432.36%Canaccord Genuity
Kyle Rose
$67 → $71MaintainsBuyGet Alert
11/14/2023GMEDBuy Now
Globus Medical
$53.64-1.19%Morgan Stanley
Drew Ranieri
$60 → $53MaintainsEqual-WeightGet Alert
11/08/2023GMEDBuy Now
Globus Medical
$53.64-1.19%Truist Securities
Richard Newitter
$58 → $53MaintainsHoldGet Alert
10/20/2023GMEDBuy Now
Globus Medical
$53.6439.82%Roth MKM
Jason Wittes
→ $75Initiates → BuyGet Alert
10/12/2023GMEDBuy Now
Globus Medical
$53.6460.33%Barclays
Matt Miksic
$77 → $86MaintainsOverweightGet Alert
09/19/2023GMEDBuy Now
Globus Medical
$53.6413.72%Stifel
Mathew Blackman
→ $61UpgradeHold → BuyGet Alert
09/15/2023GMEDBuy Now
Globus Medical
$53.648.13%Wells Fargo
Vik Chopra
$63 → $58MaintainsEqual-WeightGet Alert
09/05/2023GMEDBuy Now
Globus Medical
$53.6421.18%Truist Securities
Richard Newitter
→ $65ReiteratesHold → HoldGet Alert
08/07/2023GMEDBuy Now
Globus Medical
$53.6421.18%Truist Securities
Richard Newitter
$68 → $65MaintainsHoldGet Alert
08/07/2023GMEDBuy Now
Globus Medical
$53.6443.55%Barclays
Matt Miksic
$75 → $77MaintainsOverweightGet Alert
08/04/2023GMEDBuy Now
Globus Medical
$53.6417.45%Wells Fargo
Vik Chopra
$61 → $63MaintainsEqual-WeightGet Alert
07/19/2023GMEDBuy Now
Globus Medical
$53.6426.77%Truist Securities
Richard Newitter
$64 → $68MaintainsHoldGet Alert
05/31/2023GMEDBuy Now
Globus Medical
$53.6411.86%Morgan Stanley
Drew Ranieri
$64 → $60MaintainsEqual-WeightGet Alert
05/24/2023GMEDBuy Now
Globus Medical
$53.64JMP Securities
David Turkaly
Reiterates → Market PerformGet Alert

FAQ

Q

What is the target price for Globus Medical (GMED)?

A

The latest price target for Globus Medical (NYSE: GMED) was reported by BTIG on March 18, 2024. The analyst firm set a price target for $60.00 expecting GMED to rise to within 12 months (a possible 11.86% upside). 21 analyst firms have reported ratings in the last year.

Q

What is the most recent analyst rating for Globus Medical (GMED)?

A

The latest analyst rating for Globus Medical (NYSE: GMED) was provided by BTIG, and Globus Medical upgraded their buy rating.

Q

When was the last upgrade for Globus Medical (GMED)?

A

The last upgrade for Globus Medical Inc happened on March 18, 2024 when BTIG raised their price target to $60. BTIG previously had a neutral for Globus Medical Inc.

Q

When was the last downgrade for Globus Medical (GMED)?

A

The last downgrade for Globus Medical Inc happened on February 13, 2023 when B of A Securities changed their price target from $83 to $63 for Globus Medical Inc.

Q

When is the next analyst rating going to be posted or updated for Globus Medical (GMED)?

A

Analysts arrive at stock ratings after doing extensive research, which includes going through public financial statements, talking to executives and customers of Globus Medical, 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 Globus Medical was filed on March 18, 2024 so you should expect the next rating to be made available sometime around March 18, 2025.

Q

Is the Analyst Rating Globus Medical (GMED) correct?

A

While ratings are subjective and will change, the latest Globus Medical (GMED) rating was a upgraded with a price target of $0.00 to $60.00. The current price Globus Medical (GMED) is trading at is $53.64, which is within the analyst’s predicted range.

Browse analyst ratings and price targets on all stocks.

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