The latest price target for GLOBALFOUNDRIES (NASDAQ:GFS) was reported by TD Cowen on August 7, 2024. The analyst firm set a price target for $55.00 expecting GFS to rise to within 12 months (a possible 39.45% upside). 27 analyst firms have reported ratings in the last year.

The latest analyst rating for GLOBALFOUNDRIES (NASDAQ:GFS) was provided by TD Cowen, and GLOBALFOUNDRIES maintained their buy rating.

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.

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.

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 August 7, 2024 so you should expect the next rating to be made available sometime around August 7, 2025.

While ratings are subjective and will change, the latest GLOBALFOUNDRIES (GFS) rating was a maintained with a price target of $65.00 to $55.00. The current price GLOBALFOUNDRIES (GFS) is trading at is $39.44, which is out of the analyst’s predicted range.