Globus Medical (GMED) Stock Forecast, Price Target & Predictions
GMED Stock Forecast
Globus Medical stock forecast is as follows: an average price target of $85.00 (represents a 2.82% upside from GMED’s last price of $82.67) and a rating consensus of 'Buy', based on 11 wall street analysts offering a 1-year stock forecast.
GMED Price Target
GMED Analyst Ratings
Buy
Globus Medical Price Target by Analyst
Date | Analyst | Company | Price Target | Price when Published | Price Target/Price when Published | Price Target/Last Closing Price |
---|---|---|---|---|---|---|
Dec 02, 2024 | Kallum Titchmarsh | Morgan Stanley | $100.00 | $85.52 | 16.93% | 20.97% |
Aug 28, 2024 | Ryan Zimmerman | BTIG | $77.00 | $71.73 | 7.35% | -6.85% |
Aug 07, 2024 | Vik Chopra | Wells Fargo | $78.00 | $70.53 | 10.59% | -5.64% |
Jul 15, 2024 | Drew Ranieri | Morgan Stanley | $71.00 | $71.07 | -0.10% | -14.11% |
May 29, 2024 | Ryan Zimmerman | BTIG | $72.00 | $65.49 | 9.94% | -12.90% |
May 20, 2024 | Matt O'Brien | Piper Sandler | $80.00 | $64.40 | 24.22% | -3.22% |
Mar 18, 2024 | Ryan Zimmerman | BTIG | $60.00 | $51.65 | 16.17% | -27.42% |
Sep 19, 2023 | Mathew Blackman | Stifel Nicolaus | $61.00 | $53.04 | 15.01% | -26.21% |
Jan 06, 2023 | Morgan Stanley | $78.00 | $71.97 | 8.37% | -5.64% | |
Dec 20, 2022 | Truist Financial | $85.00 | $71.36 | 19.11% | 2.82% | |
Dec 12, 2022 | Wells Fargo | $82.00 | $73.13 | 12.13% | -0.80% | |
Aug 05, 2022 | Piper Sandler | $75.00 | $58.85 | 27.44% | -9.27% | |
Jul 20, 2022 | Truist Financial | $71.00 | $58.35 | 21.67% | -14.11% | |
Jul 15, 2022 | Morgan Stanley | $62.00 | $56.27 | 10.18% | -25.00% | |
May 12, 2022 | Morgan Stanley | $68.00 | $61.16 | 11.17% | -17.74% | |
May 11, 2022 | RBC Capital | $73.00 | $59.97 | 21.74% | -11.69% | |
May 11, 2022 | Needham | $71.00 | $61.22 | 15.98% | -14.11% | |
Dec 13, 2021 | Craig Bijou | Bank of America Securities | $80.00 | $68.96 | 16.01% | -3.22% |
Aug 05, 2021 | Matthew Henriksson | Citigroup | $93.00 | $79.90 | 16.40% | 12.50% |
Aug 05, 2021 | Kyle Rose | Canaccord Genuity | $90.00 | $79.90 | 12.64% | 8.87% |
Aug 05, 2021 | Richard Newitter | Leerink Partners | $96.00 | $79.90 | 20.15% | 16.13% |
May 05, 2021 | Steven Lichtman | Oppenheimer | $79.00 | $73.37 | 7.67% | -4.43% |
Globus Medical Price Target by Period
1M | 3M | 12M | |
---|---|---|---|
# Anlaysts | 1 | 1 | 7 |
Avg Price Target | $100.00 | $100.00 | $76.86 |
Last Closing Price | $82.67 | $82.67 | $82.67 |
Upside/Downside | 20.97% | 20.97% | -7.02% |
Analyst Ratings Upgrades/Downgrades
Date | Company | Previous Rating | New Rating | Rating Change |
---|---|---|---|---|
Nov 06, 2024 | Needham | Hold | Hold | Hold |
Nov 06, 2024 | Bank of America Securities | Underperform | Underperform | Hold |
Oct 08, 2024 | RBC Capital | Outperform | Outperform | Hold |
Aug 28, 2024 | BTIG | Buy | Buy | Hold |
Aug 13, 2024 | Barclays | Overweight | Overweight | Hold |
Jul 15, 2024 | Morgan Stanley | Equal-Weight | Equal-Weight | Hold |
May 29, 2024 | BTIG | Buy | Buy | Hold |
May 09, 2024 | Barclays | Overweight | Overweight | Hold |
Mar 18, 2024 | Truist Financial | Buy | Buy | Hold |
Mar 18, 2024 | RBC Capital | Underperform | Underperform | Hold |
Mar 18, 2024 | BTIG | Buy | Upgrade | |
Feb 21, 2024 | Truist Financial | Buy | Buy | Hold |
Jan 11, 2024 | RBC Capital | Underperform | Underperform | Hold |
Jan 11, 2024 | Truist Financial | Buy | Buy | Hold |
Mar 30, 2023 | Canaccord Genuity | Buy | Upgrade | |
Feb 09, 2023 | CFRA | Hold | Upgrade | |
Jan 06, 2023 | Morgan Stanley | Equal-Weight | Equal-Weight | Hold |
Dec 12, 2022 | Wells Fargo | Overweight | Overweight | Hold |
Aug 05, 2022 | Piper Sandler | Overweight | Overweight | Hold |
Jul 15, 2022 | Morgan Stanley | Equal-Weight | Equal-Weight | Hold |
May 12, 2022 | Morgan Stanley | Equal-Weight | Equal-Weight | Hold |
May 11, 2022 | Wells Fargo | Overweight | Overweight | Hold |
Feb 22, 2022 | Morgan Stanley | Equal-Weight | Equal-Weight | Hold |
Feb 18, 2022 | Credit Suisse | Outperform | Outperform | Hold |
Feb 18, 2022 | Needham | Buy | Buy | Hold |
Globus Medical Financial Forecast
Globus Medical Revenue Forecast
Quarter
Dec 26 | Sep 26 | Jun 26 | Mar 26 | Dec 25 | Sep 25 | Jun 25 | Mar 25 | Dec 24 | Sep 24 | Jun 24 | Mar 24 | Dec 23 | Sep 23 | Jun 23 | Mar 23 | Dec 22 | Sep 22 | Jun 22 | Mar 22 | Dec 21 | Sep 21 | Jun 21 | Mar 21 | Dec 20 | Sep 20 | Jun 20 | Mar 20 | Dec 19 | Sep 19 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Revenue | - | - | - | - | - | - | - | - | - | - | - | - | - | $383.64M | $291.62M | $276.69M | $274.50M | $254.15M | $263.65M | $230.55M | $250.02M | $229.72M | $251.02M | $227.34M | $233.44M | $216.10M | $148.92M | $190.58M | $211.67M | $196.22M |
Avg Forecast | $723.90M | $709.83M | $715.71M | $685.65M | $681.58M | $664.28M | $670.95M | $644.55M | $635.43M | $604.69M | $615.33M | $586.82M | $608.77M | $306.78M | $279.54M | $253.69M | $276.67M | $253.40M | $259.38M | $233.89M | $243.51M | $228.29M | $225.50M | $196.59M | $231.20M | $196.10M | $103.55M | $192.88M | $210.45M | $185.80M |
High Forecast | $729.17M | $715.00M | $720.92M | $690.65M | $686.54M | $669.12M | $675.83M | $647.35M | $639.03M | $605.03M | $615.33M | $586.82M | $612.72M | $309.77M | $281.57M | $255.54M | $278.68M | $253.40M | $259.38M | $233.89M | $243.51M | $228.29M | $225.50M | $196.59M | $231.20M | $196.10M | $103.55M | $192.88M | $210.45M | $185.80M |
Low Forecast | $719.64M | $705.66M | $711.50M | $681.62M | $677.57M | $660.37M | $667.00M | $642.23M | $627.54M | $604.34M | $615.33M | $586.81M | $598.32M | $304.18M | $277.89M | $252.20M | $275.04M | $253.40M | $259.38M | $233.89M | $243.51M | $228.29M | $225.50M | $196.59M | $231.20M | $196.10M | $103.55M | $192.88M | $210.45M | $185.80M |
# Analysts | 4 | 4 | 4 | 4 | 3 | 3 | 3 | 5 | 10 | 9 | 2 | 2 | 4 | 10 | 9 | 9 | 8 | 8 | 8 | 8 | 9 | 9 | 9 | 9 | 9 | 15 | 9 | 9 | 16 | 8 |
Surprise % | - | - | - | - | - | - | - | - | - | - | - | - | - | 1.25% | 1.04% | 1.09% | 0.99% | 1.00% | 1.02% | 0.99% | 1.03% | 1.01% | 1.11% | 1.16% | 1.01% | 1.10% | 1.44% | 0.99% | 1.01% | 1.06% |
Forecast
Globus Medical EBITDA Forecast
Quarter
Dec 26 | Sep 26 | Jun 26 | Mar 26 | Dec 25 | Sep 25 | Jun 25 | Mar 25 | Dec 24 | Sep 24 | Jun 24 | Mar 24 | Dec 23 | Sep 23 | Jun 23 | Mar 23 | Dec 22 | Sep 22 | Jun 22 | Mar 22 | Dec 21 | Sep 21 | Jun 21 | Mar 21 | Dec 20 | Sep 20 | Jun 20 | Mar 20 | Dec 19 | Sep 19 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
# Analysts | 4 | 4 | 4 | 4 | 3 | 3 | 3 | 5 | 10 | 9 | 2 | 2 | 4 | 10 | 9 | 9 | 8 | 8 | 8 | 8 | 9 | 9 | 9 | 9 | 9 | 15 | 9 | 9 | 16 | 8 |
EBITDA | - | - | - | - | - | - | - | - | - | - | - | - | - | $116.58M | $66.21M | $77.02M | $71.43M | $78.19M | $83.60M | $68.20M | $38.60M | $71.20M | $68.06M | $74.35M | $79.12M | $69.43M | $-6.84M | $42.74M | $64.04M | $55.95M |
Avg Forecast | $187.01M | $183.37M | $184.89M | $177.13M | $176.08M | $171.61M | $173.33M | $166.51M | $164.15M | $156.21M | $158.96M | $91.41M | $157.27M | $79.25M | $72.21M | $83.10M | $41.57M | $70.37M | $72.03M | $75.54M | $67.62M | $63.39M | $62.62M | $50.24M | $64.20M | $54.46M | $28.76M | $52.87M | $58.44M | $51.60M |
High Forecast | $188.37M | $184.71M | $186.24M | $178.42M | $177.36M | $172.86M | $174.59M | $167.23M | $165.08M | $156.30M | $158.96M | $109.69M | $158.29M | $80.02M | $72.74M | $99.71M | $49.89M | $70.37M | $72.03M | $90.65M | $67.62M | $63.39M | $62.62M | $60.28M | $64.20M | $54.46M | $28.76M | $63.44M | $58.44M | $51.60M |
Low Forecast | $185.91M | $182.30M | $183.81M | $176.09M | $175.04M | $170.60M | $172.31M | $165.91M | $162.12M | $156.12M | $158.96M | $73.12M | $154.57M | $78.58M | $71.79M | $66.48M | $33.26M | $70.37M | $72.03M | $60.43M | $67.62M | $63.39M | $62.62M | $40.19M | $64.20M | $54.46M | $28.76M | $42.29M | $58.44M | $51.60M |
Surprise % | - | - | - | - | - | - | - | - | - | - | - | - | - | 1.47% | 0.92% | 0.93% | 1.72% | 1.11% | 1.16% | 0.90% | 0.57% | 1.12% | 1.09% | 1.48% | 1.23% | 1.27% | -0.24% | 0.81% | 1.10% | 1.08% |
Forecast
Globus Medical Net Income Forecast
Quarter
Dec 26 | Sep 26 | Jun 26 | Mar 26 | Dec 25 | Sep 25 | Jun 25 | Mar 25 | Dec 24 | Sep 24 | Jun 24 | Mar 24 | Dec 23 | Sep 23 | Jun 23 | Mar 23 | Dec 22 | Sep 22 | Jun 22 | Mar 22 | Dec 21 | Sep 21 | Jun 21 | Mar 21 | Dec 20 | Sep 20 | Jun 20 | Mar 20 | Dec 19 | Sep 19 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
# Analysts | 4 | 4 | 4 | 4 | 3 | 3 | 3 | 5 | 10 | 9 | 2 | 2 | 4 | 10 | 9 | 9 | 8 | 8 | 8 | 8 | 9 | 9 | 9 | 9 | 9 | 15 | 9 | 9 | 16 | 8 |
Net Income | - | - | - | - | - | - | - | - | - | - | - | - | - | $998.00K | $57.71M | $49.13M | $50.06M | $47.43M | $54.59M | $38.08M | $15.11M | $47.21M | $41.55M | $45.33M | $52.96M | $44.22M | $-20.84M | $25.95M | $45.53M | $38.31M |
Avg Forecast | $139.81M | $135.88M | $138.36M | $131.14M | $122.56M | $116.97M | $119.11M | $107.81M | $101.59M | $89.34M | $93.53M | $50.98M | $80.66M | $74.55M | $81.54M | $46.35M | $16.27M | $70.92M | $73.08M | $42.14M | $64.71M | $61.87M | $60.94M | $30.63M | $69.64M | $41.80M | $-15.59M | $32.09M | $71.63M | $57.88M |
High Forecast | $141.13M | $137.17M | $139.67M | $132.38M | $123.72M | $118.08M | $120.24M | $114.55M | $116.30M | $89.47M | $93.56M | $61.18M | $84.76M | $80.07M | $82.31M | $55.62M | $19.52M | $70.92M | $73.08M | $50.56M | $64.71M | $61.87M | $60.94M | $36.75M | $69.64M | $41.80M | $-15.59M | $38.51M | $71.63M | $57.88M |
Low Forecast | $138.74M | $134.84M | $137.30M | $130.13M | $121.62M | $116.08M | $118.20M | $102.42M | $93.57M | $89.21M | $93.50M | $40.79M | $77.92M | $70.40M | $80.91M | $37.08M | $13.02M | $70.92M | $73.08M | $33.71M | $64.71M | $61.87M | $60.94M | $24.50M | $69.64M | $41.80M | $-15.59M | $25.68M | $71.63M | $57.88M |
Surprise % | - | - | - | - | - | - | - | - | - | - | - | - | - | 0.01% | 0.71% | 1.06% | 3.08% | 0.67% | 0.75% | 0.90% | 0.23% | 0.76% | 0.68% | 1.48% | 0.76% | 1.06% | 1.34% | 0.81% | 0.64% | 0.66% |
Forecast
Globus Medical SG&A Forecast
Quarter
Dec 26 | Sep 26 | Jun 26 | Mar 26 | Dec 25 | Sep 25 | Jun 25 | Mar 25 | Dec 24 | Sep 24 | Jun 24 | Mar 24 | Dec 23 | Sep 23 | Jun 23 | Mar 23 | Dec 22 | Sep 22 | Jun 22 | Mar 22 | Dec 21 | Sep 21 | Jun 21 | Mar 21 | Dec 20 | Sep 20 | Jun 20 | Mar 20 | Dec 19 | Sep 19 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
# Analysts | 4 | 4 | 4 | 4 | 3 | 3 | 3 | 5 | 10 | 9 | 2 | 2 | 4 | 10 | 9 | 9 | 8 | 8 | 8 | 8 | 9 | 9 | 9 | 9 | 9 | 15 | 9 | 9 | 16 | 8 |
SG&A | - | - | - | - | - | - | - | - | - | - | - | - | - | $156.21M | $120.07M | $122.42M | $118.08M | $106.58M | $106.72M | $100.75M | $106.56M | $96.44M | $107.25M | $97.89M | $96.83M | $93.30M | $84.13M | $97.31M | $95.54M | $92.08M |
Avg Forecast | $312.72M | $306.65M | $309.18M | $296.20M | $294.44M | $286.97M | $289.85M | $278.45M | $274.51M | $261.22M | $265.82M | $134.87M | $262.99M | $132.53M | $120.76M | $122.61M | $114.77M | $109.47M | $112.05M | $111.47M | $105.20M | $98.62M | $97.42M | $66.14M | $99.88M | $84.72M | $44.74M | $120.36M | $90.91M | $80.27M |
High Forecast | $315.00M | $308.88M | $311.44M | $298.36M | $296.59M | $289.06M | $291.96M | $279.65M | $276.06M | $261.37M | $265.82M | $161.85M | $264.69M | $133.82M | $121.64M | $147.13M | $137.73M | $109.47M | $112.05M | $133.76M | $105.20M | $98.62M | $97.42M | $79.37M | $99.88M | $84.72M | $44.74M | $144.44M | $90.91M | $80.27M |
Low Forecast | $310.88M | $304.84M | $307.37M | $294.46M | $292.71M | $285.28M | $288.14M | $277.44M | $271.10M | $261.07M | $265.82M | $107.90M | $258.47M | $131.40M | $120.05M | $98.09M | $91.82M | $109.47M | $112.05M | $89.17M | $105.20M | $98.62M | $97.42M | $52.91M | $99.88M | $84.72M | $44.74M | $96.29M | $90.91M | $80.27M |
Surprise % | - | - | - | - | - | - | - | - | - | - | - | - | - | 1.18% | 0.99% | 1.00% | 1.03% | 0.97% | 0.95% | 0.90% | 1.01% | 0.98% | 1.10% | 1.48% | 0.97% | 1.10% | 1.88% | 0.81% | 1.05% | 1.15% |
Forecast
Globus Medical EPS Forecast
Quarter
Dec 26 | Sep 26 | Jun 26 | Mar 26 | Dec 25 | Sep 25 | Jun 25 | Mar 25 | Dec 24 | Sep 24 | Jun 24 | Mar 24 | Dec 23 | Sep 23 | Jun 23 | Mar 23 | Dec 22 | Sep 22 | Jun 22 | Mar 22 | Dec 21 | Sep 21 | Jun 21 | Mar 21 | Dec 20 | Sep 20 | Jun 20 | Mar 20 | Dec 19 | Sep 19 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
# Analysts | 4 | 4 | 4 | 4 | 3 | 3 | 3 | 5 | 10 | 9 | 2 | 2 | 4 | 10 | 9 | 9 | 8 | 8 | 8 | 8 | 9 | 9 | 9 | 9 | 9 | 15 | 9 | 9 | 16 | 8 |
EPS | - | - | - | - | - | - | - | - | - | - | - | - | - | $0.01 | $0.57 | $0.49 | $0.50 | $0.48 | $0.54 | $0.37 | $0.15 | $0.47 | $0.41 | $0.45 | $0.54 | $0.45 | $-0.21 | $0.26 | $0.46 | $0.39 |
Avg Forecast | $1.01 | $0.98 | $1.00 | $0.95 | $0.89 | $0.85 | $0.86 | $0.78 | $0.74 | $0.65 | $0.68 | $0.57 | $0.58 | $0.54 | $0.59 | $0.51 | $0.56 | $0.52 | $0.53 | $0.47 | $0.47 | $0.45 | $0.44 | $0.37 | $0.51 | $0.31 | $-0.11 | $0.38 | $0.52 | $0.42 |
High Forecast | $1.02 | $0.99 | $1.01 | $0.96 | $0.90 | $0.86 | $0.87 | $0.83 | $0.84 | $0.65 | $0.68 | $0.57 | $0.61 | $0.58 | $0.60 | $0.51 | $0.57 | $0.52 | $0.53 | $0.47 | $0.47 | $0.45 | $0.44 | $0.37 | $0.51 | $0.31 | $-0.11 | $0.38 | $0.52 | $0.42 |
Low Forecast | $1.00 | $0.98 | $0.99 | $0.94 | $0.88 | $0.84 | $0.86 | $0.74 | $0.68 | $0.65 | $0.68 | $0.56 | $0.56 | $0.51 | $0.59 | $0.50 | $0.56 | $0.52 | $0.53 | $0.47 | $0.47 | $0.45 | $0.44 | $0.37 | $0.51 | $0.31 | $-0.11 | $0.38 | $0.52 | $0.42 |
Surprise % | - | - | - | - | - | - | - | - | - | - | - | - | - | 0.02% | 0.97% | 0.96% | 0.89% | 0.93% | 1.01% | 0.79% | 0.32% | 1.04% | 0.92% | 1.23% | 1.06% | 1.47% | 1.84% | 0.69% | 0.88% | 0.92% |
Forecast
Globus Medical Peer Comparison by Price Target
Ticker | Company | Last Closing Price | Avg Price Target | Upside/Downside | Avg Rating |
---|---|---|---|---|---|
ATEC | Alphatec | $9.52 | $16.60 | 74.37% | Buy |
NVRO | Nevro | $4.05 | $5.84 | 44.20% | Hold |
LIVN | LivaNova | $49.94 | $68.25 | 36.66% | Buy |
BRKR | Bruker | $57.81 | $79.00 | 36.65% | Buy |
CNMD | CONMED | $71.23 | $97.00 | 36.18% | Buy |
OFIX | Orthofix Medical | $17.93 | $24.00 | 33.85% | |
IRTC | iRhythm | $91.45 | $111.38 | 21.79% | Buy |
INSP | Inspire Medical Systems | $190.71 | $223.17 | 17.02% | Buy |
NARI | Inari Medical | $56.16 | $64.00 | 13.96% | Buy |
ITGR | Integer | $136.68 | $153.50 | 12.31% | Buy |
GMED | Globus Medical | $83.42 | $85.00 | 1.89% | Buy |
PODD | Insulet | $263.35 | $268.00 | 1.77% | Buy |
GKOS | Glaukos | $146.35 | $144.14 | -1.51% | Buy |
NVCR | NovoCure | $32.10 | $30.00 | -6.54% | Hold |