GlobalFoundries (GFS)
(Delayed Data from NSDQ)
$39.41 USD
-1.61 (-3.92%)
Updated Sep 20, 2024 04:00 PM ET
After-Market: $39.43 +0.02 (0.05%) 7:58 PM ET
3-Hold of 5 3
C Value D Growth B Momentum D VGM
GlobalFoundries Inc. (GFS) Price Targets
Average Price Target | Highest Price Target | Lowest Price Target | Upside to Average Price Target |
---|---|---|---|
$56.07 | $71.00 | $45.00 | 36.69% |
Price Target
Based on short-term price targets offered by 15 analysts, the average price target for GlobalFoundries Inc. comes to $56.07. The forecasts range from a low of $45.00 to a high of $71.00. The average price target represents an increase of 36.69% from the last closing price of $41.02.
Analyst Price Targets (15)
Broker Rating
GlobalFoundries Inc. currently has an average brokerage recommendation (ABR) of 1.94 on a scale of 1 to 5 (Strong Buy to Strong Sell), calculated based on the actual recommendations (Buy, Hold, Sell etc.) made by 16 brokerage firms. The current ABR compares to an ABR of 1.94 a month ago based on 16 recommendations.
Of the 16 recommendations deriving the current ABR, eight are Strong Buy and one is Buy. Strong Buy and Buy respectively account for 50% and 6.25% of all recommendations. A month ago, Strong Buy made up 50%, while Buy represented 6.25%.
Broker Rating Breakdown
Brokerage Recommendations
Today | 1 Week Ago | 1 Month Ago | 2 Months Ago | 3 Months Ago | |
---|---|---|---|---|---|
Strong Buy | 8 | 8 | 8 | 8 | 8 |
Buy | 1 | 1 | 1 | 1 | 1 |
Hold | 7 | 7 | 7 | 7 | 7 |
Sell | 0 | 0 | 0 | 0 | 0 |
Strong Sell | 0 | 0 | 0 | 0 | 0 |
ABR | 1.94 | 1.94 | 1.94 | 1.94 | 1.94 |
1. Not Ident. Many of the brokerage firms who provide Zacks data ask that we keep their identity confidential.
2. In most cases the # of brokers listed above is less than the # of brokerage firms that have a recommendation on the stock. That is because some firms prohibit Zacks from displaying detailed information on their recommendations such as in the upgrade/downgrade table.
Analyst Upgrades/Downgrades
Date | Brokerage Firm | Analyst | Previous | Current |
---|---|---|---|---|
9/16/2024 | Not Identified | Not Identified | Strong Buy | Strong Buy |
8/7/2024 | Wedbush Securities | Matthew Bryson | Strong Buy | Strong Buy |
8/7/2024 | Cowen & Co. | Sreekrishnan Sankar | Strong Buy | Strong Buy |
8/7/2024 | Evercore Partners | Mark Lipacis | Strong Buy | Strong Buy |
8/7/2024 | Needham & Company | Nathaniel Q Bolton | Hold | Hold |
8/6/2024 | Raymond James | Melissa D Fairbanks | Moderate Buy | Moderate Buy |
7/16/2024 | Cantor Fitzgerald & Co | Christopher J Muse | Hold | Hold |
5/12/2024 | Not Identified | Not Identified | Not Available | Strong Buy |
5/3/2024 | Not Identified | Not Identified | Not Available | Hold |
3/5/2024 | Susquehanna Financial Group | Mehdi Hosseini | Strong Buy | Hold |
2/14/2024 | Robert W. Baird & Co. | Tristan Gerra | Not Available | Strong Buy |
2/14/2024 | Not Identified | Not Identified | Strong Buy | Hold |
1. Not Ident. Many of the brokerage firms who provide Zacks data ask that we keep their identity confidential.
2. In most cases the # of brokers listed above is less than the # of brokerage firms that have a recommendation on the stock. That is because some firms prohibit Zacks from displaying detailed information on their recommendations such as in the upgrade/downgrade table.
Average Brokerage Rating
Current ABR | 1.94 |
ABR (Last week) | 1.94 |
# of Recs in ABR | 16 |
Average Target Price | $56.07 |
LT Growth Rate | 5.70% |
Industry | Electronics - Semiconductors |
Industry Rank by ABR | 135 of 253 |
Current Quarter EPS Est: | 0.33 |
GFS FAQs
GlobalFoundries Inc. (GFS) currently has an average brokerage recommendation (ABR) of 1.94 on a scale of 1 to 5 (Strong Buy to Strong Sell), calculated based on the actual recommendations (Buy, Hold, Sell etc.) made by 16 brokerage firms.
The average price target for GlobalFoundries Inc. (GFS) is $56.07. The current on short-term price targets is based on 9 reports.
The forecasts for GlobalFoundries Inc. (GFS) range from a low of $45 to a high of $71. The average price target represents a increase of $42.27 from the last closing price of $39.41.
The current UPSIDE for GlobalFoundries Inc. (GFS) is 42.27%
Based on short-term price targets offered by 15 analysts, the average price target for GlobalFoundries Inc. comes to $56.07. The forecasts range from a low of $45.00 to a high of $71.00. The average price target represents an increase of 36.69% from the last closing price of $41.02.