GLOBALFOUNDRIES (GFS) Stock Forecast, Price Target & Predictions


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GFS Stock Forecast


GLOBALFOUNDRIES (GFS) stock forecast, based on 17 Wall Street analysts, predicts a 12-month average price target of $50.00, with a high of $50.00 and a low of $50.00. This represents a 49.79% increase from the last price of $33.38.

$30 $37 $44 $51 $58 $65 High: $50 Avg: $50 Low: $50 Last Closed Price: $33.38

GFS Stock Rating


GLOBALFOUNDRIES stock's rating consensus is Buy, based on 17 Wall Street analysts. The breakdown includes 0 Strong Buy (0.00%), 10 Buy (58.82%), 7 Hold (41.18%), 0 Sell (0.00%), and 0 Strong Sell (0.00%).

Buy
Total 17 0 7 10 Strong Sell Sell Hold Buy Strong Buy

GFS Price Target Upside V Benchmarks


TypeNameUpside
StockGLOBALFOUNDRIES49.79%
SectorTechnology Stocks 33.74%
IdeaSemiconductor Stocks List 42.92%

Price Target Trends


1M3M12M
# Anlaysts--4
Avg Price Target--$56.00
Last Closing Price$33.38$33.38$33.38
Upside/Downside--67.77%
Ratings Trends

DateStrong BuyBuyHoldSellStrong SellTotal
Apr, 253791-20
Mar, 253791-20
Feb, 2527101-20
Jan, 2527101-20
Dec, 2427101-20
Analyst Price Target Forecasts

DateAnalystCompanyPrice TargetPrice when PublishedPrice Target/Price when PublishedPrice Target/Last Closing Price
Nov 06, 2024Tristan GerraRobert W. Baird$50.00$41.0221.89%49.79%
May 07, 2024Ross SeymoreDeutsche Bank$60.00$53.2612.65%79.75%
May 03, 2024Frank LeeHSBC$43.00$48.28-10.94%28.82%
Apr 15, 2024Mark LipacisEvercore ISI$71.00$47.2650.23%112.70%
Nov 08, 2023Melissa FairbanksRaymond James$75.00$53.0241.46%124.69%
Feb 21, 2023Chris CasoCredit Suisse$85.00$67.1626.56%154.64%
Jul 30, 2022Ross SeymoreDeutsche Bank$55.00$51.486.84%64.77%
May 13, 2022Frank LeeHSBC$50.00$49.700.60%49.79%
Apr 25, 2022Ross SeymoreDeutsche Bank$70.00$50.7437.96%109.71%
Nov 22, 2021Krish SankarCowen & Co.$80.00$63.9925.02%139.66%
Analyst Rating Forecasts

DateCompanyPrevious RatingNew RatingRating Change
Nov 05, 2024CitigroupNeutralNeutralhold
Oct 08, 2024WedbushBuyBuyhold
Aug 07, 2024JefferiesBuyBuyhold
Aug 07, 2024Cowen & Co.BuyBuyhold
Aug 06, 2024Evercore ISIOutperformOutperformhold
May 13, 2024SusquehannaBuyBuyhold
May 07, 2024Deutsche BankBuyBuyhold
May 03, 2024HSBCHoldHoldhold
Apr 15, 2024Evercore ISIOutperforminitialise
Apr 08, 2024Cantor FitzgeraldNeutraldowngrade

Financial Forecast


EPS Forecast

$-1 $0 $1 $2 $3 $4 $5 Dec 21 Dec 22 Dec 23 Dec 24 Dec 25 Dec 26 Dec 27 Dec 28
Dec 21Dec 22Dec 23Dec 24Dec 25Dec 26Dec 27Dec 28
Reported$-0.50$2.69$1.83-----
Avg Forecast$-0.09$2.99$2.20$1.55$1.77$2.46$3.41$4.06
High Forecast$-0.09$3.18$2.23$1.57$1.84$3.65$3.75$4.43
Low Forecast$-0.10$2.91$2.14$1.49$1.64$1.83$2.82$3.91
Surprise %455.56%-10.03%-16.82%-----

Revenue Forecast

$6B $7B $8B $9B $10B $11B Dec 21 Dec 22 Dec 23 Dec 24 Dec 25 Dec 26 Dec 27 Dec 28
Dec 21Dec 22Dec 23Dec 24Dec 25Dec 26Dec 27Dec 28
Reported$6.58B$8.11B$7.39B-----
Avg Forecast$6.55B$8.08B$7.39B$6.75B$7.28B$8.04B$9.18B$10.18B
High Forecast$6.79B$8.48B$7.91B$6.78B$7.38B$8.09B$9.20B$10.89B
Low Forecast$6.40B$7.92B$7.18B$6.74B$7.17B$7.99B$9.16B$9.89B
Surprise %0.52%0.35%0.03%-----

Net Income Forecast

$-500M $100M $700M $1B $2B $3B Dec 21 Dec 22 Dec 23 Dec 24 Dec 25 Dec 26 Dec 27 Dec 28
Dec 21Dec 22Dec 23Dec 24Dec 25Dec 26Dec 27Dec 28
Reported$-254.00M$1.45B$1.02B-----
Avg Forecast$-51.77M$1.66B$1.21B$851.94M$967.75M$1.24B$1.83B$2.26B
High Forecast$-50.21M$1.77B$1.24B$873.35M$1.03B$2.03B$2.09B$2.46B
Low Forecast$-54.20M$1.62B$1.19B$830.54M$909.86M$1.02B$1.57B$2.17B
Surprise %390.67%-12.84%-15.92%-----

GFS Forecast FAQ


Is GLOBALFOUNDRIES stock a buy?

GLOBALFOUNDRIES stock has a consensus rating of Buy, based on 17 Wall Street analysts. The rating breakdown includes 0 Strong Buy, 10 Buy, 7 Hold, 0 Sell, and 0 Strong Sell, reflecting a consensus that GLOBALFOUNDRIES is a favorable investment for most analysts.

What is GLOBALFOUNDRIES's price target?

GLOBALFOUNDRIES's price target, set by 17 Wall Street analysts, averages $50 over the next 12 months. The price target range spans from $50 at the low end to $50 at the high end, suggesting a potential 49.79% change from the previous closing price of $33.38.

How does GLOBALFOUNDRIES stock forecast compare to its benchmarks?

GLOBALFOUNDRIES's stock forecast shows a 49.79% upside, outperforming the average forecast for the technology stocks sector (33.74%), leading the semiconductor stocks list (42.92%) investment idea.

What is the breakdown of analyst ratings for GLOBALFOUNDRIES over the past three months?

  • April 2025: 15.00% Strong Buy, 35.00% Buy, 45.00% Hold, 5.00% Sell, 0% Strong Sell.
  • March 2025: 15.00% Strong Buy, 35.00% Buy, 45.00% Hold, 5.00% Sell, 0% Strong Sell.
  • February 2025: 10.00% Strong Buy, 35.00% Buy, 50.00% Hold, 5.00% Sell, 0% Strong Sell.

What is GLOBALFOUNDRIES’s EPS forecast?

GLOBALFOUNDRIES's average annual EPS forecast for its fiscal year ending in December 2024 is $1.55, marking a -15.30% decrease from the reported $1.83 in 2023. Estimates for the following years are $1.77 in 2025, $2.46 in 2026, $3.41 in 2027, and $4.06 in 2028.

What is GLOBALFOUNDRIES’s revenue forecast?

GLOBALFOUNDRIES's average annual revenue forecast for its fiscal year ending in December 2024 is $6.75B, reflecting a -8.72% decrease from the reported $7.39B in 2023. The forecast for 2025 is $7.28B, followed by $8.04B for 2026, $9.18B for 2027, and $10.18B for 2028.

What is GLOBALFOUNDRIES’s net income forecast?

GLOBALFOUNDRIES's net income forecast for the fiscal year ending in December 2024 stands at $851.94M, representing a -16.48% decrease from the reported $1.02B in 2023. Projections indicate $967.75M in 2025, $1.24B in 2026, $1.83B in 2027, and $2.26B in 2028.