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Globus Medical (GMED) Stock Forecast & Price Target

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$82.63 +0.69 (+0.84%)
(As of 12/20/2024 05:45 PM ET)

Globus Medical - 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

Sell
1
Hold
2
Buy
9

Based on 12 Wall Street analysts who have issued ratings for Globus Medical in the last 12 months, the stock has a consensus rating of "Moderate Buy." Out of the 12 analysts, 1 has given a sell rating, 2 have given a hold rating, and 9 have given a buy rating for GMED.

Consensus Price Target

$94.55
14.42% Upside
According to the 12 analysts' twelve-month price targets for Globus Medical, the average price target is $94.55. The highest price target for GMED is $115.00, while the lowest price target for GMED is $80.00. The average price target represents a forecasted upside of 14.42% from the current price of $82.63.
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GMED Analyst Ratings Over Time

TypeCurrent Forecast
12/22/23 to 12/21/24
1 Month Ago
11/22/23 to 11/21/24
3 Months Ago
9/23/23 to 9/22/24
1 Year Ago
12/22/22 to 12/22/23
Strong Buy
0 Strong Buy rating(s)
0 Strong Buy rating(s)
0 Strong Buy rating(s)
0 Strong Buy rating(s)
Buy
9 Buy rating(s)
8 Buy rating(s)
8 Buy rating(s)
4 Buy rating(s)
Hold
2 Hold rating(s)
3 Hold rating(s)
3 Hold rating(s)
7 Hold rating(s)
Sell
1 Sell rating(s)
1 Sell rating(s)
0 Sell rating(s)
1 Sell rating(s)
Consensus Price Target$94.55$88.18$77.20$66.11
Forecasted Upside14.42% Upside3.78% Upside9.29% Upside23.11% Upside
Consensus Rating
Moderate Buy
Moderate Buy
Moderate Buy
Hold

GMED 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.
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GMED 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.
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Globus Medical Stock vs. The Competition

TypeGlobus MedicalMedical CompaniesS&P 500
Consensus Rating Score
2.67
2.81
2.51
Consensus RatingModerate BuyModerate BuyModerate Buy
Predicted Upside14.42% Upside25,828.55% Upside14.54% Upside
News Sentiment Rating
Positive News

See Recent GMED News
Positive News
Positive News
DateBrokerageAnalyst NameActionRatingPrice TargetUpside/Downside on Report DateDetails
12/18/2024Truist Financial
2 of 5 stars
 Boost TargetHold ➝ Hold$85.00 ➝ $90.00+6.16%
12/17/2024Roth Mkm
1 of 5 stars
 Boost TargetBuy ➝ Buy$100.00 ➝ $115.00+40.42%
12/12/2024BTIG Research
2 of 5 stars
 Boost TargetBuy ➝ Buy$87.00 ➝ $91.00+8.86%
12/11/2024Wells Fargo & Company
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V. Chopra
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Boost TargetOverweight ➝ Overweight$88.00 ➝ $95.00+14.29%
12/9/2024Canaccord Genuity Group
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 Boost TargetBuy ➝ Buy$85.00 ➝ $92.00+11.12%
12/2/2024Morgan Stanley
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 UpgradeEqual Weight ➝ Overweight$83.00 ➝ $100.00+16.81%
11/6/2024Stifel Nicolaus
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 Boost TargetBuy ➝ Buy$80.00 ➝ $92.00+13.51%
11/6/2024Royal Bank of Canada
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 Boost TargetOutperform ➝ Outperform$80.00 ➝ $92.00+13.12%
11/6/2024Piper Sandler
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M. O'brien
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Boost TargetOverweight ➝ Overweight$80.00 ➝ $100.00+32.29%
11/6/2024Needham & Company LLC
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 Reiterated RatingHold
11/6/2024Bank of America
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 Boost TargetUnderperform ➝ Underperform$55.00 ➝ $80.00+5.83%
8/8/2024Barclays
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 Boost TargetOverweight ➝ Overweight$85.00 ➝ $93.00+26.00%
2/10/2023Loop Capital
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 DowngradeBuy ➝ Hold$90.00 ➝ $70.00+11.16%

Analyst ratings data on MarketBeat is provided by Benzinga and other data providers. This page was last refreshed on Saturday at 09:33 AM ET.


GMED Forecast - Frequently Asked Questions

According to the research reports of 12 Wall Street equities research analysts, the average twelve-month stock price forecast for Globus Medical is $94.55, with a high forecast of $115.00 and a low forecast of $80.00.

12 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for Globus Medical in the last year. There is currently 1 sell rating, 2 hold ratings and 9 buy ratings for the stock. The consensus among Wall Street equities research analysts is that investors should "moderate buy" GMED shares.

According to analysts, Globus Medical's stock has a predicted upside of 14.42% based on their 12-month stock forecasts.

Over the previous 90 days, Globus Medical's stock had 1 upgrade by analysts.

Analysts like Globus Medical less than other "medical" companies. The consensus rating score for Globus Medical is 2.67 while the average consensus rating score for "medical" companies is 2.81. Learn more on how GMED compares to other companies.


This page (NYSE:GMED) was last updated on 12/21/2024 by MarketBeat.com Staff
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