GlobalFoundries Inc. (GFS)
NASDAQ: GFS · Real-Time Price · USD
41.61
-0.05 (-0.12%)
Nov 21, 2024, 11:19 AM EST - Market open
GlobalFoundries Stock Forecast
Stock Price Forecast
The 14 analysts with 12-month price forecasts for GlobalFoundries stock have an average target of 51.07, with a low estimate of 40 and a high estimate of 65. The average target predicts an increase of 22.73% from the current stock price of 41.61.
Analyst Consensus: Buy
Analyst Ratings
The average analyst rating for GlobalFoundries stock from 15 stock analysts is "Buy". This means that analysts believe this stock is likely to outperform the market over the next twelve months.
Recommendation Trends
| Rating | Jun '24 | Jul '24 | Aug '24 | Sep '24 | Oct '24 | Nov '24 |
|---|---|---|---|---|---|---|
| Strong Buy | 3 | 3 | 4 | 4 | 3 | 3 |
| Buy | 4 | 4 | 4 | 4 | 3 | 3 |
| Hold | 6 | 6 | 6 | 6 | 7 | 9 |
| Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Strong Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Total | 13 | 13 | 14 | 14 | 13 | 15 |
Latest Forecasts
| Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
|---|---|---|---|---|---|---|---|
| UBS | UBS | Hold Initiates $47 | Hold | Initiates | $47 | +12.95% | Nov 20, 2024 |
| Evercore ISI Group | Evercore ISI Group | Buy Maintains $71 → $55 | Buy | Maintains | $71 → $55 | +32.18% | Nov 6, 2024 |
| Deutsche Bank | Deutsche Bank | Strong Buy Maintains $55 → $50 | Strong Buy | Maintains | $55 → $50 | +20.16% | Nov 6, 2024 |
| Susquehanna | Susquehanna | Hold Maintains $50 → $48 | Hold | Maintains | $50 → $48 | +15.36% | Nov 6, 2024 |
| Cantor Fitzgerald | Cantor Fitzgerald | Hold Reiterates $40 | Hold | Reiterates | $40 | -3.87% | Nov 6, 2024 |
Financial Forecast
Revenue This Year
6.80B
from 7.39B
Decreased by -8.00%
Revenue Next Year
7.54B
from 6.80B
Increased by 10.90%
EPS This Year
1.47
from 1.83
Decreased by -19.87%
EPS Next Year
1.80
from 1.47
Increased by 22.98%
Revenue Forecast
| Revenue | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| High | 7.2B | 8.7B | 9.9B | ||
| Avg | 6.8B | 7.5B | 8.4B | ||
| Low | 6.5B | 6.9B | 7.6B |
Revenue Growth
| Revenue Growth | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| High | -3.2% | 27.4% | 31.2% | ||
| Avg | -8.0% | 10.9% | 11.7% | ||
| Low | -11.4% | 2.0% | 0.7% |
EPS Forecast
| EPS | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| High | 1.63 | 2.46 | 3.54 | ||
| Avg | 1.47 | 1.80 | 2.48 | ||
| Low | 1.17 | 1.25 | 1.52 |
EPS Growth
| EPS Growth | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| High | -11.1% | 67.6% | 96.2% | ||
| Avg | -19.9% | 23.0% | 37.6% | ||
| Low | -35.9% | -14.5% | -15.6% |
Sources: Price targets and analyst ratings provided by Benzinga. Revenue and EPS forecast data provided by Finnhub. The data is sourced from Wall Street analysts. Data disclaimer.