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Globalfoundries Inc
NASDAQ:GFS

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Globalfoundries Inc
NASDAQ:GFS
Watchlist
Price: 49.27 USD 2.05% Market Closed
Updated: May 6, 2024

Wall Street
Price Targets

GFS Price Targets Summary
Globalfoundries Inc

Wall Street analysts forecast GFS stock price to rise over the next 12 months.

According to Wall Street analysts, the average 1-year price target for GFS is 63.39 USD with a low forecast of 48.48 USD and a high forecast of 78.75 USD.

Lowest
Price Target
48.48 USD
2% Downside
Average
Price Target
63.39 USD
29% Upside
Highest
Price Target
78.75 USD
60% Upside

GFS Last Price Targets
Globalfoundries Inc

The latest public price target was made on May 3, 2024 by Frank Lee from HSBC , who expects GFS stock to drop by 13% over the next 12 months. You can read more about this price target by viewing the article on TheFly.

Analyst Price Target Date Article
Frank Lee
HSBC
43 USD
Downside 13%
3 days ago
May 3, 2024
GlobalFoundries price target lowered to $43 from $56 at HSBC
TheFly
Mark Lipacis
Evercore ISI
71 USD
Upside 44%
3 weeks ago
Apr 15, 2024
GlobalFoundries initiated with an Outperform at Evercore ISI
TheFly
Melissa Fairbanks
Raymond James
75 USD
Upside 52%
5 months ago
Nov 8, 2023
GlobalFoundries Holds Steady Despite Market Challenges, Analysts Project Recovery in Second Half 2024
Benzinga
Chris Caso
Credit Suisse
85 USD
Upside 73%
1 year ago
Feb 21, 2023
This Analyst With 90% Accuracy Rate Sees Over 26% Upside In GlobalFoundries - 5 Stock Picks From Wall Street's Most Accurate Analysts
Benzinga
Frank Lee
HSBC
Price Target 43 USD
Upside/Downside 13%
View Source
Mark Lipacis
Evercore ISI
Price Target 71 USD
Upside/Downside 44%
View Source
Melissa Fairbanks
Raymond James
Price Target 75 USD
Upside/Downside 52%
View Source
Chris Caso
Credit Suisse
Price Target 85 USD
Upside/Downside 73%
View Source
Globalfoundries Inc Competitors:
Price Targets
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080520
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412% Upside
PXLW
Pixelworks Inc
89% Upside
688484
Southchip Semiconductor Technology Shanghai Co Ltd
2% Upside
4952
Generalplus Technology Inc
29% Downside
300102
Xiamen Changelight Co Ltd
484% Upside

Revenue
Forecast

Revenue Estimate
Globalfoundries Inc

For the last 4 years the compound annual growth rate for Globalfoundries Inc's revenue is 6%. The projected CAGR for the next 3 years is 10%.

6%
Past Growth
10%
Estimated Growth
Estimates Accuracy
-1%
Average Miss

Operating Income
Forecast

Operating Income Estimate
Globalfoundries Inc

The compound annual growth rate of Globalfoundries Inc's operating income for the next 3 years is 24%.

N/A
Past Growth
24%
Estimated Growth
Estimates Accuracy
N/A
Average

Net Income
Forecast

Net Income Estimate
Globalfoundries Inc

The compound annual growth rate of Globalfoundries Inc's net income for the next 3 years is 24%.

N/A
Past Growth
24%
Estimated Growth
Estimates Accuracy
-11%
Average Miss

See Also

Discover More
Why do you have more estimates than other sites?

Our estimates are sourced from the pool of sell-side and buy-side analysts that we have access to. What is available on other sites you are seeing are mostly from the sell-side analysts.

What is GFS's stock price target?
Price Target
63.39 USD

According to Wall Street analysts, the average 1-year price target for GFS is 63.39 USD with a low forecast of 48.48 USD and a high forecast of 78.75 USD.

What is Globalfoundries Inc's Revenue forecast?
Projected CAGR
10%

For the last 4 years the compound annual growth rate for Globalfoundries Inc's revenue is 6%. The projected CAGR for the next 3 years is 10%.

What is Globalfoundries Inc's Operating Income forecast?
Projected CAGR
24%

The compound annual growth rate of Globalfoundries Inc's operating income for the next 3 years is 24%.

What is Globalfoundries Inc's Net Income forecast?
Projected CAGR
24%

The compound annual growth rate of Globalfoundries Inc's net income for the next 3 years is 24%.