GlobalFoundries (GFS) Stock Forecast & Price Target

$41.72 +0.42 (+1.02%)

(As of 12/20/2024 05:31 PM ET)

GlobalFoundries - Analysts' Recommendations and Stock Price Forecast (2025)

MarketBeat calculates consensus analyst ratings for stocks using the most recent rating from each Wall Street analyst that has rated a stock within the last twelve months. Each analyst's rating is normalized to a standardized rating score of 1 (sell), 2 (hold), 3 (buy) or 4 (strong buy). Analyst consensus ratings scores are calculated using the mean average of the number of normalized sell, hold, buy and strong buy ratings from Wall Street analysts. Each stock's consensus analyst rating is derived from its calculated consensus ratings score (0 to .5 = Strong Sell, .5 to 1 = Sell, 1 to 1.5 = Reduce, 1.5 to 2.5 = Hold, 2.5 to 3.0 = Moderate Buy, 3.0 to 3.5 = Buy, >3.5 = Strong Buy). MarketBeat's consensus price targets are a mean average of the most recent available price targets set by each analyst that has set a price target for the stock in the last twelve months. MarketBeat's consensus ratings and consensus price targets may differ from those calculated by other firms due to differences in methodology and available data.

Consensus Rating

Hold

Based on 15 Analyst Ratings

Sell
0

Hold
9

Buy
6

Based on 15 Wall Street analysts who have issued ratings for GlobalFoundries in the last 12 months, the stock has a consensus rating of "Hold." Out of the 15 analysts, 9 have given a hold rating, and 6 have given a buy rating for GFS.

Consensus Price Target

$50.21
20.36% Upside

According to the 15 analysts' twelve-month price targets for GlobalFoundries, the average price target is $50.21. The highest price target for GFS is $62.00, while the lowest price target for GFS is $40.00. The average price target represents a forecasted upside of 20.36% from the current price of $41.72.

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GFS Analyst Ratings Over Time

Type	Current Forecast 12/23/23 to 12/22/24	1 Month Ago 11/23/23 to 11/22/24	3 Months Ago 9/24/23 to 9/23/24	1 Year Ago 12/23/22 to 12/23/23
Strong Buy	0 Strong Buy rating(s)	0 Strong Buy rating(s)	0 Strong Buy rating(s)	0 Strong Buy rating(s)
Buy	6 Buy rating(s)	6 Buy rating(s)	7 Buy rating(s)	14 Buy rating(s)
Hold	9 Hold rating(s)	9 Hold rating(s)	7 Hold rating(s)	2 Hold rating(s)
Sell	0 Sell rating(s)	0 Sell rating(s)	0 Sell rating(s)	0 Sell rating(s)
Consensus Price Target	$50.21	$50.21	$57.54	$74.19
Forecasted Upside	20.36% Upside	17.32% Upside	46.22% Upside	22.95% Upside
Consensus Rating	Hold	Hold	Moderate Buy	Moderate Buy

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GFS Analyst Recommendations By Month

The chart below shows how a company's ratings by analysts have changed over time. Each bar represents the previous year of ratings for that month. Within each bar, the sell ratings are shown in red, the hold ratings are shown in yellow, the buy ratings are shown in green, and the strong buy ratings are shown in dark green.

GFS Price Targets by Month

The chart below shows how a company's share price and consensus price target have changed over time. The dark blue line represents the company's actual price. The lighter blue line represents the stock's consensus price target. The even lighter blue range in the background of the two lines represents the low price target and the high price target for each stock.

GlobalFoundries Stock vs. The Competition

Type	GlobalFoundries	Computer and Technology Companies	S&P 500
Consensus Rating Score	2.40	2.69	2.51
Consensus Rating	Hold	Moderate Buy	Moderate Buy
Predicted Upside	20.36% Upside	265.04% Upside	14.53% Upside
News Sentiment Rating	Positive News See Recent GFS News	Positive News	Positive News

Recent Analyst Forecasts and Stock Ratings

Rating

Upside/Downside

Action

Time Frame

Start Date

End Date

Show

Export to Excel

Date	Brokerage	Analyst Name	Action	Rating	Price Target	Upside/Downside on Report Date
11/20/2024	UBS Group 4 of 5 stars	T. Arcuri Subscribe to MarketBeat All Access for the recommendation accuracy rating	Initiated Coverage	Neutral	$47.00	+10.90%
11/6/2024	Evercore ISI 2 of 5 stars		Lower Target	Outperform ➝ Outperform	$71.00 ➝ $55.00	+19.44%
11/6/2024	Deutsche Bank Aktiengesellschaft 3 of 5 stars		Lower Target	Buy ➝ Buy	$55.00 ➝ $50.00	+9.19%
11/6/2024	Susquehanna Subscribe to MarketBeat All Access for the recommendation accuracy rating		Lower Target	Neutral ➝ Neutral	$50.00 ➝ $48.00	+4.76%
11/6/2024	Cantor Fitzgerald Subscribe to MarketBeat All Access for the recommendation accuracy rating		Reiterated Rating	Neutral ➝ Neutral	$40.00 ➝ $40.00	-10.59%
11/6/2024	Needham & Company LLC Subscribe to MarketBeat All Access for the recommendation accuracy rating		Reiterated Rating	Hold
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11/6/2024	Robert W. Baird Subscribe to MarketBeat All Access for the recommendation accuracy rating		Lower Target	Outperform ➝ Outperform	$63.00 ➝ $50.00	+20.86%
11/5/2024	Citigroup Subscribe to MarketBeat All Access for the recommendation accuracy rating		Lower Target	Neutral ➝ Neutral	$45.00 ➝ $40.00	-3.31%
11/5/2024	Wedbush Subscribe to MarketBeat All Access for the recommendation accuracy rating		Reiterated Rating	Outperform	$65.00 ➝ $60.00	+45.03%
10/28/2024	Morgan Stanley Subscribe to MarketBeat All Access for the recommendation accuracy rating		Downgrade	Overweight ➝ Equal Weight	$53.00 ➝ $43.00	+6.44%
8/7/2024	TD Cowen Subscribe to MarketBeat All Access for the recommendation accuracy rating		Lower Target	Buy ➝ Buy	$65.00 ➝ $55.00	+27.23%
5/13/2024	Jefferies Financial Group Subscribe to MarketBeat All Access for the recommendation accuracy rating		Initiated Coverage	Buy ➝ Buy	$67.00 ➝ $62.00	+21.35%
5/3/2024	HSBC Subscribe to MarketBeat All Access for the recommendation accuracy rating		Lower Target	Hold ➝ Hold	$56.00 ➝ $43.00	-12.73%
4/16/2024	Bank of America Subscribe to MarketBeat All Access for the recommendation accuracy rating		Lower Target	Neutral ➝ Neutral	$62.00 ➝ $55.00	+13.94%
2/14/2024	JPMorgan Chase & Co. Subscribe to MarketBeat All Access for the recommendation accuracy rating		Lower Target	Neutral ➝ Neutral	$56.00 ➝ $55.00	+1.51%
7/19/2023	Wolfe Research Subscribe to MarketBeat All Access for the recommendation accuracy rating		Initiated Coverage	Outperform	$80.00	+19.89%
2/15/2023	Cowen Subscribe to MarketBeat All Access for the recommendation accuracy rating		Boost Target	Outperform	$75.00 ➝ $80.00	+13.72%
2/15/2023	Raymond James Subscribe to MarketBeat All Access for the recommendation accuracy rating		Boost Target	Outperform	$70.00 ➝ $90.00	+32.00%
2/15/2023	Loop Capital Subscribe to MarketBeat All Access for the recommendation accuracy rating		Boost Target	Buy	$70.00 ➝ $80.00	+11.53%
2/15/2023	Credit Suisse Group Subscribe to MarketBeat All Access for the recommendation accuracy rating		Boost Target	Outperform	$78.00 ➝ $85.00	+18.50%

Analyst ratings data on MarketBeat is provided by Benzinga and other data providers. This page was last refreshed on Sunday at 08:23 PM ET.

Should I Buy GlobalFoundries Stock? GFS Pros and Cons Explained

These pros and cons were generated based on recent news and financial data from MarketBeat in order to provide readers with the fastest and most accurate insights. They were last updated on Thursday, December 12, 2024. Please send any questions or comments about these GlobalFoundries pros and cons to contact@marketbeat.com.

GlobalFoundries
Bull Case

Here are some ways that investors could benefit from investing in GLOBALFOUNDRIES Inc.:

The stock is currently trading at $44.28, which is relatively stable compared to its 52-week high of $62.61, indicating potential for recovery and growth.
GLOBALFOUNDRIES recently reported earnings of $0.41 per share, surpassing analysts' expectations of $0.33, showcasing strong financial performance.
The company has a solid market capitalization of approximately $24.43 billion, reflecting its significant presence in the semiconductor industry.
Recent institutional investments, such as Centiva Capital LP acquiring 33,846 shares, suggest growing confidence among large investors in the company's future prospects.
GLOBALFOUNDRIES has a relatively low debt-to-equity ratio of 0.19, indicating a strong balance sheet and lower financial risk, which is attractive for long-term investors.

GlobalFoundries
Bear Case

Investors should be bearish about investing in GLOBALFOUNDRIES Inc. for these reasons:

The stock has experienced a decline from its 52-week high of $62.61, which may indicate volatility and uncertainty in the market.
Despite beating earnings expectations, the company's quarterly revenue decreased by 6.1% year-over-year, raising concerns about future growth potential.
Analysts have issued mixed ratings, with several maintaining a "neutral" stance, suggesting that there may not be strong bullish sentiment in the near term.
The price-to-earnings (P/E) ratio of 33.44 is relatively high, which could indicate that the stock is overvalued compared to its earnings, making it a riskier investment.
Market conditions in the semiconductor industry can be unpredictable, and any downturn could adversely affect GLOBALFOUNDRIES' performance and stock price.

GFS Forecast - Frequently Asked Questions

: According to the research reports of 15 Wall Street equities research analysts, the average twelve-month stock price forecast for GlobalFoundries is $50.21, with a high forecast of $62.00 and a low forecast of $40.00.
: 15 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for GlobalFoundries in the last year. There are currently 9 hold ratings and 6 buy ratings for the stock. The consensus among Wall Street equities research analysts is that investors should "hold" GFS shares. A hold rating indicates that analysts believe investors should maintain any existing positions they have in GFS, but not buy additional shares or sell existing shares.
: According to analysts, GlobalFoundries's stock has a predicted upside of 20.36% based on their 12-month stock forecasts.
: Over the previous 90 days, GlobalFoundries's stock had 1 downgrade by analysts.
: GlobalFoundries has been rated by research analysts at Cantor Fitzgerald, Citigroup, Deutsche Bank Aktiengesellschaft, Evercore ISI, Morgan Stanley, Needham & Company LLC, Robert W. Baird, Susquehanna, UBS Group, and Wedbush in the past 90 days.
: Analysts like GlobalFoundries less than other "computer and technology" companies. The consensus rating for GlobalFoundries is Hold while the average consensus rating for "computer and technology" companies is Moderate Buy. Learn more on how GFS compares to other companies.

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This page (NASDAQ:GFS) was last updated on 12/22/2024 by MarketBeat.com Staff

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GlobalFoundries (GFS) Stock Forecast & Price Target