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GlobalFoundries - GFS Stock Price Target and Predictions

  • Consensus Rating: Hold
  • Consensus Price Target: $50.21
  • Forecasted Upside: 20.36%
  • Number of Analysts: 15
  • Breakdown:
  • 0 Sell Ratings
  • 9 Hold Ratings
  • 6 Buy Ratings
  • 0 Strong Buy Ratings
$41.72 As of 12/20/2024 06:31 PM ET
▲ +0.42 (1.02%)

This chart shows the closing price for GFS by one month, three months, or twelve months.

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Analyst Price Target for GFS

Analyst Price Target is $50.21
▲ +20.36% Upside Potential
This price target is based on 15 analysts offering 12 month price targets for GlobalFoundries in the last 3 months. The average price target is $50.21, with a high forecast of $62.00 and a low forecast of $40.00. The average price target represents a 20.36% upside from the last price of $41.72.

This chart shows the closing price for GFS for the last year in relation to the current analyst high, average, and low pricetarget.

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Current Consensus is Hold

The current consensus among 15 contributing investment analysts is to hold stock in GlobalFoundries. This rating has held steady since October 2024, when it changed from a Moderate Buy consensus rating.

Past Monthly Recommendations

Move your mouse over past months for details

Read Past Recommendations DescriptionSkip Past Price Target Consensus Chart
  • 0 strong buy ratings
  • 13 buy ratings
  • 1 hold ratings
  • 0 sell ratings
Ratings as of
6/29/2023
  • 0 strong buy ratings
  • 13 buy ratings
  • 1 hold ratings
  • 0 sell ratings
Ratings as of
9/27/2023
  • 0 strong buy ratings
  • 14 buy ratings
  • 2 hold ratings
  • 0 sell ratings
Ratings as of
12/26/2023
  • 0 strong buy ratings
  • 7 buy ratings
  • 4 hold ratings
  • 0 sell ratings
Ratings as of
3/25/2024
  • 0 strong buy ratings
  • 7 buy ratings
  • 7 hold ratings
  • 0 sell ratings
Ratings as of
6/23/2024
  • 0 strong buy ratings
  • 7 buy ratings
  • 7 hold ratings
  • 0 sell ratings
Ratings as of
9/21/2024
  • 0 strong buy ratings
  • 6 buy ratings
  • 9 hold ratings
  • 0 sell ratings
Ratings as of
11/20/2024
  • 0 strong buy ratings
  • 6 buy ratings
  • 9 hold ratings
  • 0 sell ratings
Ratings as of
12/20/2024

Latest Recommendations

  • 0 strong buy ratings
  • 6 buy ratings
  • 9 hold ratings
  • 0 sell ratings

Display Ratings By
DateBrokerageActionRatingPrice TargetDetails
11/20/2024UBS GroupInitiated CoverageNeutral$47.00
11/6/2024Evercore ISILower TargetOutperform ➝ Outperform$71.00 ➝ $55.00
11/6/2024Deutsche Bank AktiengesellschaftLower TargetBuy ➝ Buy$55.00 ➝ $50.00
11/6/2024SusquehannaLower TargetNeutral ➝ Neutral$50.00 ➝ $48.00
11/6/2024Cantor FitzgeraldReiterated RatingNeutral ➝ Neutral$40.00 ➝ $40.00
11/6/2024Needham & Company LLCReiterated RatingHold
11/6/2024Robert W. BairdLower TargetOutperform ➝ Outperform$63.00 ➝ $50.00
11/5/2024CitigroupLower TargetNeutral ➝ Neutral$45.00 ➝ $40.00
11/5/2024WedbushReiterated RatingOutperform$65.00 ➝ $60.00
10/28/2024Morgan StanleyDowngradeOverweight ➝ Equal Weight$53.00 ➝ $43.00
10/8/2024Cantor FitzgeraldLower TargetNeutral ➝ Neutral$55.00 ➝ $40.00
8/7/2024Deutsche Bank AktiengesellschaftLower TargetBuy ➝ Buy$60.00 ➝ $55.00
8/7/2024WedbushReiterated RatingOutperform ➝ Outperform$65.00 ➝ $65.00
8/7/2024Evercore ISILower TargetOutperform ➝ Outperform$77.00 ➝ $71.00
8/7/2024Needham & Company LLCReiterated RatingHold
8/7/2024TD CowenLower TargetBuy ➝ Buy$65.00 ➝ $55.00
7/16/2024Cantor FitzgeraldReiterated RatingNeutral ➝ Neutral$55.00 ➝ $55.00
5/13/2024Jefferies Financial GroupInitiated CoverageBuy ➝ Buy$67.00 ➝ $62.00
5/8/2024Morgan StanleyBoost TargetOverweight ➝ Overweight$62.00 ➝ $63.00
5/8/2024SusquehannaBoost TargetNeutral ➝ Neutral$48.00 ➝ $50.00
5/8/2024Needham & Company LLCReiterated RatingHold
5/3/2024HSBCLower TargetHold ➝ Hold$56.00 ➝ $43.00
4/16/2024Bank of AmericaLower TargetNeutral ➝ Neutral$62.00 ➝ $55.00
4/16/2024Evercore ISIInitiated CoverageOutperform$71.00
4/8/2024Cantor FitzgeraldReiterated RatingOverweight ➝ Neutral$70.00 ➝ $55.00
3/5/2024SusquehannaReiterated RatingPositive ➝ Neutral$65.00 ➝ $48.00
2/14/2024Robert W. BairdLower TargetOutperform ➝ Outperform$70.00 ➝ $63.00
2/14/2024JPMorgan Chase & Co.Lower TargetNeutral ➝ Neutral$56.00 ➝ $55.00
2/14/2024SusquehannaLower TargetPositive ➝ Positive$74.00 ➝ $65.00
2/14/2024Cantor FitzgeraldReiterated RatingOverweight ➝ Overweight$70.00
2/14/2024CitigroupDowngradeBuy ➝ Neutral$70.00 ➝ $56.00
2/5/2024JPMorgan Chase & Co.DowngradeOverweight ➝ Neutral$65.00 ➝ $56.00
1/23/2024Cantor FitzgeraldInitiated CoverageOverweight$70.00
12/15/2023Bank of AmericaDowngradeBuy ➝ Neutral$70.00 ➝ $65.00
11/8/2023Morgan StanleyLower TargetOverweight ➝ Overweight$73.00 ➝ $68.00
11/8/2023JPMorgan Chase & Co.Lower TargetOverweight ➝ Overweight$75.00 ➝ $65.00
11/7/2023WedbushReiterated RatingOutperform$70.00
11/2/2023SusquehannaLower TargetPositive ➝ Positive$82.00 ➝ $75.00
8/9/2023WedbushReiterated RatingOutperform$72.00 ➝ $70.00
8/9/2023Morgan StanleyLower TargetOverweight ➝ Overweight$80.00 ➝ $73.00
8/9/2023Deutsche Bank AktiengesellschaftLower TargetBuy ➝ Buy$70.00 ➝ $65.00
8/9/2023HSBCLower Target$65.00 ➝ $64.00
8/9/2023Bank of AmericaLower Target$75.00 ➝ $70.00
8/9/2023CitigroupLower TargetBuy ➝ Buy$77.00 ➝ $70.00
8/4/2023SusquehannaLower TargetPositive ➝ Positive$84.00 ➝ $82.00
7/19/2023Wolfe ResearchInitiated CoverageOutperform$80.00
5/10/2023TD CowenLower TargetOutperform$80.00 ➝ $70.00
5/10/2023WedbushLower TargetOutperform$80.00 ➝ $72.00
2/15/2023CowenBoost TargetOutperform$75.00 ➝ $80.00
2/15/2023Raymond JamesBoost TargetOutperform$70.00 ➝ $90.00
2/15/2023Morgan StanleyBoost TargetOverweight$72.00 ➝ $85.00
2/15/2023Loop CapitalBoost TargetBuy$70.00 ➝ $80.00
2/15/2023Needham & Company LLCBoost TargetBuy$72.00 ➝ $80.00
2/15/2023SusquehannaBoost TargetPositive$76.00 ➝ $84.00
2/15/2023CowenBoost TargetOutperform$75.00 ➝ $80.00
2/15/2023CitigroupBoost TargetBuy$67.00 ➝ $77.00
2/15/2023Credit Suisse GroupBoost TargetOutperform$78.00 ➝ $85.00
2/15/2023HSBCBoost TargetHold$55.00 ➝ $65.00
2/14/2023Deutsche Bank AktiengesellschaftBoost Target$70.00 ➝ $75.00
1/23/2023Loop CapitalInitiated CoverageBuy$70.00
12/14/2022Deutsche Bank AktiengesellschaftBoost Target$67.00 ➝ $70.00
11/16/2022Credit Suisse GroupReiterated RatingOutperform$78.00
11/15/2022HSBCBoost Target$55.00
11/9/2022Bank of AmericaBoost Target$75.00 ➝ $80.00
11/9/2022Susquehanna BancsharesBoost Target$75.00 ➝ $80.00
11/9/2022Needham & Company LLCBoost TargetBuy$68.00 ➝ $72.00
11/9/2022Deutsche Bank AktiengesellschaftBoost Target$60.00 ➝ $67.00
11/9/2022SusquehannaBoost Target$75.00 ➝ $80.00
10/25/2022Needham & Company LLCLower Target$70.00 ➝ $68.00
10/18/2022Deutsche Bank AktiengesellschaftLower TargetBuy$65.00 ➝ $60.00
8/10/2022Deutsche Bank AktiengesellschaftBoost TargetBuy$55.00 ➝ $60.00
8/10/2022CitigroupLower TargetBuy$70.00 ➝ $67.00
8/10/2022Needham & Company LLCBoost TargetBuy$50.00 ➝ $70.00
7/20/2022Deutsche Bank AktiengesellschaftLower Target$70.00 ➝ $55.00
7/11/2022Susquehanna BancsharesLower Target$85.00 ➝ $75.00
7/11/2022SusquehannaLower Target$85.00 ➝ $75.00
7/5/2022Needham & Company LLCLower Target$50.00
6/29/2022Bank of AmericaLower TargetBuy$75.00 ➝ $57.00
6/6/2022CitigroupBoost TargetBuy$65.00 ➝ $70.00
5/11/2022JPMorgan Chase & Co.Lower Target$82.00 ➝ $77.00
4/20/2022Deutsche Bank AktiengesellschaftLower TargetBuy$78.00 ➝ $70.00
3/3/2022Morgan StanleyUpgradeEqual Weight ➝ Overweight$70.00 ➝ $72.50
2/9/2022Morgan StanleyBoost TargetEqual Weight$68.00 ➝ $70.00
12/29/2021Needham & Company LLCReiterated RatingBuy$87.00
12/5/2021Susquehanna BancsharesReiterated RatingBuy
12/5/2021SusquehannaReiterated RatingBuy
12/1/2021Morgan StanleyBoost TargetEqual Weight$67.00 ➝ $68.00
12/1/2021Needham & Company LLCBoost TargetBuy$85.00 ➝ $87.00
12/1/2021Credit Suisse GroupBoost TargetIn-Line ➝ Outperform$75.00 ➝ $80.00
12/1/2021Deutsche Bank AktiengesellschaftBoost TargetBuy$75.00 ➝ $78.00
11/22/2021HSBCInitiated CoverageHold$63.50
11/22/2021Bank of AmericaInitiated CoverageBuy$88.00
11/22/2021Morgan StanleyInitiated CoverageEqual Weight$67.00
11/22/2021WedbushInitiated CoverageOutperform$75.00
11/22/2021Deutsche Bank AktiengesellschaftInitiated CoverageBuy$75.00
11/22/2021Raymond JamesInitiated CoverageOutperform$80.00
11/22/2021Jefferies Financial GroupInitiated CoverageBuy$87.00
11/22/2021Needham & Company LLCInitiated CoverageBuy$85.00
11/22/2021JPMorgan Chase & Co.Initiated CoverageOverweight$80.00
11/22/2021CowenInitiated CoverageOutperform$80.00
11/22/2021CitigroupInitiated CoverageBuy$75.00
11/22/2021Credit Suisse GroupInitiated CoverageOutperform$75.00
11/22/2021Robert W. BairdInitiated CoverageOutperform$100.00
11/9/2021Susquehanna BancsharesInitiated CoveragePositive$85.00
11/9/2021SusquehannaInitiated CoveragePositive$85.00
(Data available from 12/21/2019 forward)

News Sentiment Rating

1.33 (Buy)

Our news sentiment rating is based on the average sentiment of articles about this company published in the media in the last 30 days of headlines and can range from 2 (very positive sentiment) to -2 (very negative sentiment).

News Sentiment Over Time

Move your mouse over past months for details

Skip to Current Sentiment Summary
  • 12 very positive mentions
  • 18 positive mentions
  • 4 negative mentions
  • 0 very negative mentions
Mentions as of
5/25/2024
  • 13 very positive mentions
  • 7 positive mentions
  • 0 negative mentions
  • 0 very negative mentions
Mentions as of
6/24/2024
  • 9 very positive mentions
  • 7 positive mentions
  • 1 negative mentions
  • 1 very negative mentions
Mentions as of
7/24/2024
  • 9 very positive mentions
  • 16 positive mentions
  • 3 negative mentions
  • 0 very negative mentions
Mentions as of
8/23/2024
  • 5 very positive mentions
  • 7 positive mentions
  • 4 negative mentions
  • 1 very negative mentions
Mentions as of
9/22/2024
  • 15 very positive mentions
  • 4 positive mentions
  • 3 negative mentions
  • 1 very negative mentions
Mentions as of
10/22/2024
  • 16 very positive mentions
  • 25 positive mentions
  • 4 negative mentions
  • 2 very negative mentions
Mentions as of
11/21/2024
  • 28 very positive mentions
  • 5 positive mentions
  • 1 negative mentions
  • 0 very negative mentions
Mentions as of
12/21/2024

Current Sentiment

  • 28 very positive mentions
  • 5 positive mentions
  • 1 negative mentions
  • 0 very negative mentions

Recent Stories by Sentiment

Very Negative

  • No very negative mentions tracked during this time.

Negative

Positive

Very Positive

GlobalFoundries logo
GlobalFoundries Inc., a semiconductor foundry, provides range of mainstream wafer fabrication services and technologies worldwide. It manufactures various semiconductor devices, including microprocessors, mobile application processors, baseband processors, network processors, radio frequency modems, microcontrollers, and power management units. GlobalFoundries Inc. has a strategic partnership with Efficient Computer to develop high-performance computer processors. The company was incorporated in 2008 and is headquartered in Malta, New York.
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Today's Range

Now: $41.72
Low: $40.50
High: $42.66

50 Day Range

MA: $42.07
Low: $36.01
High: $46.79

52 Week Range

Now: $41.72
Low: $35.85
High: $62.61

Volume

3,492,124 shs

Average Volume

1,626,785 shs

Market Capitalization

$23.02 billion

P/E Ratio

31.13

Dividend Yield

N/A

Beta

1.59

Frequently Asked Questions

What sell-side analysts currently cover shares of GlobalFoundries?

The following equities research analysts have issued reports on GlobalFoundries in the last year: Bank of America Co., Cantor Fitzgerald, Citigroup Inc., Deutsche Bank Aktiengesellschaft, Evercore ISI, HSBC Holdings plc, Jefferies Financial Group Inc., JPMorgan Chase & Co., Morgan Stanley, Needham & Company LLC, Robert W. Baird, Susquehanna, TD Cowen, UBS Group AG, and Wedbush.
View the latest analyst ratings for GFS.

What is the current price target for GlobalFoundries?

0 Wall Street analysts have set twelve-month price targets for GlobalFoundries in the last year. Their average twelve-month price target is $50.21, suggesting a possible upside of 20.4%. Jefferies Financial Group Inc. has the highest price target set, predicting GFS will reach $62.00 in the next twelve months. Cantor Fitzgerald has the lowest price target set, forecasting a price of $40.00 for GlobalFoundries in the next year.
View the latest price targets for GFS.

What is the current consensus analyst rating for GlobalFoundries?

GlobalFoundries currently has 9 hold ratings and 6 buy ratings from Wall Street analysts. The stock has a consensus analyst rating of "Hold." A "hold" rating indicates that analysts believe investors should keep any existing positions they have in GFS, but not buy more shares or sell existing shares.
View the latest ratings for GFS.

What other companies compete with GlobalFoundries?

Other companies that are similar to GlobalFoundries include NXP Semiconductors, Vertiv, L3Harris Technologies, Nokia Oyj and Hubbell. Learn More about companies similar to GlobalFoundries.

How do I contact GlobalFoundries' investor relations team?

GlobalFoundries' physical mailing address is 400 STONEBREAK ROAD EXTENSION, MALTA NY, 12020. The company's listed phone number is 518-305-9013 and its investor relations email address is [email protected]. The official website for GlobalFoundries is www.globalfoundries.com. Learn More about contacing GlobalFoundries investor relations.