S&P 500   5,078.18
DOW   38,972.41
QQQ   437.60
3 lithium stocks to ride a multi-year cycle
This is the #1 Stock to Buy for the AI Tidal Wave (Ad)
Goldman upgraded Nvidia stock, one metric says it could go higher
Autozone stock price is still in the rally zone
Hunting for Domestic Vanadium - The U.S. Govt. Did WHAT? (Ad)
New highs are coming for Lowe’s stock despite mixed results
Closing prices for crude oil, gold and other commodities
Critical asset just had biggest fall on record (Ad)
Consumer confidence slips in February as anxiety over potential recession surprisingly reappears
Beyond Meat's shares soar on better-than-expected Q4 revenue despite weak US sales
S&P 500   5,078.18
DOW   38,972.41
QQQ   437.60
3 lithium stocks to ride a multi-year cycle
This is the #1 Stock to Buy for the AI Tidal Wave (Ad)
Goldman upgraded Nvidia stock, one metric says it could go higher
Autozone stock price is still in the rally zone
Hunting for Domestic Vanadium - The U.S. Govt. Did WHAT? (Ad)
New highs are coming for Lowe’s stock despite mixed results
Closing prices for crude oil, gold and other commodities
Critical asset just had biggest fall on record (Ad)
Consumer confidence slips in February as anxiety over potential recession surprisingly reappears
Beyond Meat's shares soar on better-than-expected Q4 revenue despite weak US sales
S&P 500   5,078.18
DOW   38,972.41
QQQ   437.60
3 lithium stocks to ride a multi-year cycle
This is the #1 Stock to Buy for the AI Tidal Wave (Ad)
Goldman upgraded Nvidia stock, one metric says it could go higher
Autozone stock price is still in the rally zone
Hunting for Domestic Vanadium - The U.S. Govt. Did WHAT? (Ad)
New highs are coming for Lowe’s stock despite mixed results
Closing prices for crude oil, gold and other commodities
Critical asset just had biggest fall on record (Ad)
Consumer confidence slips in February as anxiety over potential recession surprisingly reappears
Beyond Meat's shares soar on better-than-expected Q4 revenue despite weak US sales
S&P 500   5,078.18
DOW   38,972.41
QQQ   437.60
3 lithium stocks to ride a multi-year cycle
This is the #1 Stock to Buy for the AI Tidal Wave (Ad)
Goldman upgraded Nvidia stock, one metric says it could go higher
Autozone stock price is still in the rally zone
Hunting for Domestic Vanadium - The U.S. Govt. Did WHAT? (Ad)
New highs are coming for Lowe’s stock despite mixed results
Closing prices for crude oil, gold and other commodities
Critical asset just had biggest fall on record (Ad)
Consumer confidence slips in February as anxiety over potential recession surprisingly reappears
Beyond Meat's shares soar on better-than-expected Q4 revenue despite weak US sales

GLOBALFOUNDRIES (GFS) Stock Forecast & Price Target

$53.50
-1.02 (-1.87%)
(As of 02/27/2024 ET)

GLOBALFOUNDRIES Consensus Analyst Rating and Stock Price Forecast (2024)

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.

Analysts' Consensus Rating

Moderate Buy
Based on 11 Analyst Ratings

Analysts' Consensus Price Target

$65.92
23.21% Upside
High Forecast$80.00
Average Forecast$65.92
Low Forecast$55.00
TypeCurrent Forecast
2/28/23 to 2/28/24
1 Month Ago
1/29/23 to 1/29/24
3 Months Ago
11/30/22 to 11/30/23
1 Year Ago
2/28/22 to 2/28/23
Consensus Rating
Moderate Buy
Moderate Buy
Moderate Buy
Moderate Buy
Strong Buy
0 Strong Buy rating(s)
0 Strong Buy rating(s)
0 Strong Buy rating(s)
0 Strong Buy rating(s)
Buy
8 Buy rating(s)
15 Buy rating(s)
14 Buy rating(s)
11 Buy rating(s)
Hold
3 Hold rating(s)
2 Hold rating(s)
1 Hold rating(s)
1 Hold rating(s)
Sell
0 Sell rating(s)
0 Sell rating(s)
0 Sell rating(s)
0 Sell rating(s)
Consensus Price Target$65.92$73.94$74.50$79.86
Predicted Upside23.21% Upside18.43% Upside18.62% Upside18.08% Upside
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GFS Analyst Ratings 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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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.
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GLOBALFOUNDRIES Stock vs. The Competition

TypeGLOBALFOUNDRIESComputer and Technology CompaniesS&P 500
Consensus Rating Score
2.73
2.57
2.48
Consensus RatingModerate BuyModerate BuyHold
Predicted Upside23.21% Upside161.76% Upside7.75% Upside
News Sentiment RatingPositive News
Neutral News
Positive News

Recent Analyst Ratings and Stock Forecasts

DateBrokerageAnalyst NameActionRatingPrice TargetUpside/Downside on Report DateDetails
2/14/2024Robert W. Baird
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 Lower TargetOutperform ➝ Outperform$70.00 ➝ $63.00+16.11%
2/14/2024JPMorgan Chase & Co.
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 Lower TargetNeutral ➝ Neutral$56.00 ➝ $55.00+1.51%
2/14/2024Susquehanna
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 Lower TargetPositive ➝ Positive$74.00 ➝ $65.00+18.92%
2/14/2024Cantor Fitzgerald
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C. Muse
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Reiterated RatingOverweight ➝ Overweight$70.00+28.06%
2/14/2024Citigroup
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 DowngradeBuy ➝ Neutral$70.00 ➝ $56.00+2.45%
12/15/2023Bank of America
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 DowngradeBuy ➝ Neutral$70.00 ➝ $65.00+9.76%
11/8/2023Morgan Stanley
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 Lower TargetOverweight ➝ Overweight$73.00 ➝ $68.00+28.25%
11/7/2023Wedbush
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 Reiterated RatingOutperform$70.00+28.98%
8/9/2023Deutsche Bank Aktiengesellschaft
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 Lower TargetBuy ➝ Buy$70.00 ➝ $65.00+9.37%
8/9/2023HSBC
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 Lower Target$65.00 ➝ $64.00+6.44%
7/19/2023Wolfe Research
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 Initiated CoverageOutperform$80.00+19.89%
5/10/2023TD Cowen
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 Lower TargetOutperform$80.00 ➝ $70.00+27.09%

Analyst ratings data on MarketBeat is provided by Benzinga and other data providers. This page was last refreshed on Wednesday at 04:33 AM ET.












GFS Price Target - Frequently Asked Questions

What is GLOBALFOUNDRIES's consensus rating and price target?

According to the issued ratings of 11 analysts in the last year, the consensus rating for GLOBALFOUNDRIES stock is Moderate Buy based on the current 3 hold ratings and 8 buy ratings for GFS. The average twelve-month price prediction for GLOBALFOUNDRIES is $65.92 with a high price target of $80.00 and a low price target of $55.00. Learn more on GFS's analyst rating history.

Do Wall Street analysts like GLOBALFOUNDRIES more than its competitors?

Analysts like GLOBALFOUNDRIES more than other Computer and Technology companies. The consensus rating score for GLOBALFOUNDRIES is 2.73 while the average consensus rating score for computer and technology companies is 2.57. Learn more on how GFS compares to other companies.

Is GLOBALFOUNDRIES being downgraded by Wall Street analysts?

Over the previous 90 days, GLOBALFOUNDRIES's stock had 3 downgrades by analysts.

Does GLOBALFOUNDRIES's stock price have much upside?

According to analysts, GLOBALFOUNDRIES's stock has a predicted upside of 16.58% based on their 12-month stock forecasts.

What analysts cover GLOBALFOUNDRIES?

GLOBALFOUNDRIES has been rated by Bank of America, Cantor Fitzgerald, Citigroup, JPMorgan Chase & Co., Robert W. Baird, and Susquehanna in the past 90 days.


Stock Ratings Reports and Tools

This page (NASDAQ:GFS) was last updated on 2/28/2024 by MarketBeat.com Staff