GFS - Globalfoundries - Stock Forecast

Technology - Sector
Coverage Profile Performance Price Targets & Ratings Chart Insider Trading

GFS is currently covered by 14 analysts with an average price target of $63.09. This is a potential upside of $11.36 (21.96%) from yesterday's end of day stock price of $51.73.

Globalfoundries's activity chart (see below) currently has 26 price targets and 75 ratings on display. The stock rating distribution of GFS is 93.1% BUY and 6.9% HOLD.

Stock Analyst Price Targets - Review

Analysts average stock forecasts to be materialized ratio is 33.13% with an average time for these price targets to be met of 61.75 days.

Highest price target for GFS is $80, Lowest price target is $55, average price target is $63.09.

Most recent stock forecast was given by C J MUSE from CANTOR FITZGERALD on 11-Mar-2024. First documented stock forecast 09-Nov-2021.

Overview

Global Foundries is providing advanced chip manufacturing solutions. As a pure-play foundry, it focuses exclusively on manufacturing integrated circuits (ICs) on behalf of other companies.

Global Foundries also offers a full suite of services to support the entire semiconductor manufacturing process. These services include design enablement, mask-making, wafer manufacturing, testing, and assembly, as well as supply chain and logistics management.

History

Global Foundries was founded in 2009 as a spin-off from semiconductor giant Advanced Micro Devices (AMD), and it is headquartered in Malta, New York.

Currently out of the existing stock ratings of GFS, 54 are a BUY (93.1%), 4 are a HOLD (6.9%).

Analyst name

Rating

Current price target

Potential distance

Previous price target

Date

Price targets met ratio

Average potential upside

Average Time (Days) For PT To Be Met

Performance score

Buy

70

$18.27 (35.32%)

70

18 days ago

0/3 (0%)

$16.54 (30.94%)

Hold

55

$3.27 (6.32%)

56

1 months 15 days ago

1/7 (14.29%)

$0.03 (0.05%)

16

Buy

65

$13.27 (25.65%)

74

1 months 15 days ago

0/7 (0%)

$10.03 (18.25%)

Buy

63

$11.27 (21.79%)

70

1 months 15 days ago

0/3 (0%)

$8.03 (14.61%)

Buy

65

$13.27 (25.65%)

63

3 months 11 days ago

9/13 (69.23%)

$6.48 (11.07%)

89

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What is GFS (Globalfoundries) average time for price targets to be met?

On average it took 61.75 days on average for the stock forecasts to be realized with a an average price target met ratio 33.13

Which analyst has the current highest performing score on GFS (Globalfoundries) with a proven track record?

RAJVINDRA GILL

Which analyst has the most public recommendations on GFS (Globalfoundries)?

Rajvindra Gill works at NEEDHAM and has 13 price targets and 8 ratings on GFS

Which analyst is the currently most bullish on GFS (Globalfoundries)?

Mark Lipacis with highest potential upside - $32.69

Which analyst is the currently most reserved on GFS (Globalfoundries)?

Harlan Sur with lowest potential downside - $3.27

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