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Globus Medical Inc
NYSE:GMED

Watchlist Manager
Globus Medical Inc Logo
Globus Medical Inc
NYSE:GMED
Watchlist
Price: 50.55 USD 0.36% Market Closed
Updated: Apr 28, 2024

Wall Street
Price Targets

GMED Price Targets Summary
Globus Medical Inc

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

According to Wall Street analysts, the average 1-year price target for GMED is 62.69 USD with a low forecast of 25.25 USD and a high forecast of 87.15 USD.

Lowest
Price Target
25.25 USD
50% Downside
Average
Price Target
62.69 USD
24% Upside
Highest
Price Target
87.15 USD
72% Upside

GMED Last Price Targets
Globus Medical Inc

The latest public price target was made on Mar 18, 2024 by Ryan Zimmerman from BTIG , who expects GMED stock to rise by 19% over the next 12 months. You can read more about this price target by viewing the article on StreetInsider.

Analyst Price Target Date Article
Ryan Zimmerman
BTIG
60 USD
Upside 19%
1 month ago
Mar 18, 2024
BTIG Upgrades Globus Medical (GMED) to Buy
StreetInsider
Mathew Blackman
Stifel Nicolaus
61 USD
Upside 21%
7 months ago
Sep 19, 2023
Globus Medical's Untapped Potential Beyond The NUVA Transaction; Analyst Turns Bullish
Benzinga
Ryan Zimmerman
BTIG
Price Target 60 USD
Upside/Downside 19%
View Source
Mathew Blackman
Stifel Nicolaus
Price Target 61 USD
Upside/Downside 21%
View Source
Globus Medical Inc Competitors:
Price Targets
IMR
Imricor Medical Systems Inc
88% Upside
688139
Qingdao Haier Biomedical Co Ltd
80% Upside
AXNX
Axonics Inc
10% Upside
0TN
Bioretec Oy
7% Upside
ITGR
Integer Holdings Corp
16% Upside
AMBU B
Ambu A/S
10% Upside
SRT
Sartorius AG
64% Upside
6951
JEOL Ltd
33% Upside

Revenue
Forecast

Revenue Estimate
Globus Medical Inc

For the last 8 years the compound annual growth rate for Globus Medical Inc's revenue is 14%. The projected CAGR for the next 3 years is 23%.

14%
Past Growth
23%
Estimated Growth
Estimates Accuracy
-2%
Average Miss

Operating Income
Forecast

Operating Income Estimate
Globus Medical Inc

For the last 8 years the compound annual growth rate for Globus Medical Inc's operating income is 3%. The projected CAGR for the next 3 years is 49%.

3%
Past Growth
49%
Estimated Growth
Estimates Accuracy
-9%
Average Miss

Net Income
Forecast

Net Income Estimate
Globus Medical Inc

For the last 8 years the compound annual growth rate for Globus Medical Inc's net income is 1%. The projected CAGR for the next 3 years is 64%.

1%
Past Growth
64%
Estimated Growth
Estimates Accuracy
-37%
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 GMED's stock price target?
Price Target
62.69 USD

According to Wall Street analysts, the average 1-year price target for GMED is 62.69 USD with a low forecast of 25.25 USD and a high forecast of 87.15 USD.

What is Globus Medical Inc's Revenue forecast?
Projected CAGR
23%

For the last 8 years the compound annual growth rate for Globus Medical Inc's revenue is 14%. The projected CAGR for the next 3 years is 23%.

What is Globus Medical Inc's Operating Income forecast?
Projected CAGR
49%

For the last 8 years the compound annual growth rate for Globus Medical Inc's operating income is 3%. The projected CAGR for the next 3 years is 49%.

What is Globus Medical Inc's Net Income forecast?
Projected CAGR
64%

For the last 8 years the compound annual growth rate for Globus Medical Inc's net income is 1%. The projected CAGR for the next 3 years is 64%.