| Date | Upside/Downside | Analyst Firm | Price Target Change | Rating Change | Previous / Current Rating |
|---|---|---|---|---|---|
| 11/08/2023 | 22.73% | JP Morgan | $75 → $65 | Maintains | Overweight |
| 11/02/2023 | 41.62% | Susquehanna | $82 → $75 | Maintains | Positive |
| 08/09/2023 | 22.73% | Deutsche Bank | $70 → $65 | Maintains | Buy |
| 08/09/2023 | 37.84% | Morgan Stanley | $80 → $73 | Maintains | Overweight |
| 08/09/2023 | 32.18% | Citigroup | $77 → $70 | Maintains | Buy |
| 08/04/2023 | 54.83% | Susquehanna | $84 → $82 | Maintains | Positive |
| 07/20/2023 | 51.06% | Wolfe Research | → $80 | Initiates Coverage On | → Outperform |
| 05/10/2023 | 35.95% | Wedbush | $80 → $72 | Maintains | Outperform |
| 05/10/2023 | 51.06% | Morgan Stanley | $85 → $80 | Maintains | Overweight |
| 05/10/2023 | 41.62% | Raymond James | $90 → $75 | Maintains | Outperform |
| 05/10/2023 | 32.18% | Needham | $80 → $70 | Maintains | Buy |
| 02/15/2023 | 58.61% | Susquehanna | $76 → $84 | Maintains | Positive |
| 02/15/2023 | 60.5% | Morgan Stanley | $72 → $85 | Maintains | Overweight |
| 02/15/2023 | 51.06% | Loop Capital | $70 → $80 | Maintains | Buy |
| 02/15/2023 | 60.5% | Credit Suisse | $78 → $85 | Maintains | Outperform |
| 02/15/2023 | 45.39% | Citigroup | $67 → $77 | Maintains | Buy |
| 02/15/2023 | 51.06% | Cowen & Co. | $75 → $80 | Maintains | Outperform |
| 02/15/2023 | 51.06% | Needham | $72 → $80 | Maintains | Buy |
| 02/15/2023 | 22.73% | HSBC | $55 → $65 | Maintains | Hold |
| 02/15/2023 | 69.94% | Raymond James | $70 → $90 | Maintains | Outperform |
| 01/24/2023 | 32.18% | Loop Capital | → $70 | Initiates Coverage On | → Buy |
| 11/16/2022 | 47.28% | Credit Suisse | → $78 | Assumes | → Outperform |
| 11/09/2022 | 35.95% | Needham | $68 → $72 | Maintains | Buy |
| 10/18/2022 | 13.29% | Deutsche Bank | $65 → $60 | Maintains | Buy |
| 08/11/2022 | 22.73% | Deutsche Bank | $60 → $65 | Maintains | Buy |
| 08/10/2022 | 13.29% | Deutsche Bank | $55 → $60 | Maintains | Buy |
| 08/10/2022 | 26.51% | Citigroup | $70 → $67 | Maintains | Buy |
| 08/10/2022 | 32.18% | Raymond James | $80 → $70 | Maintains | Outperform |
| 08/10/2022 | 32.18% | Needham | $50 → $70 | Maintains | Buy |
| 07/20/2022 | 3.85% | Deutsche Bank | $70 → $55 | Maintains | Buy |
| 06/29/2022 | 7.63% | B of A Securities | $75 → $57 | Maintains | Buy |
| 06/06/2022 | 32.18% | Citigroup | $65 → $70 | Maintains | Buy |
| 05/11/2022 | 32.18% | Needham | $87 → $70 | Maintains | Buy |
| 05/11/2022 | 35.95% | Morgan Stanley | $65 → $72 | Maintains | Overweight |
| 05/09/2022 | 22.73% | Morgan Stanley | $72.5 → $65 | Maintains | Overweight |
| 04/20/2022 | 32.18% | Deutsche Bank | $78 → $70 | Maintains | Buy |
| 03/03/2022 | 36.9% | Morgan Stanley | → $72.5 | Upgrades | Equal-Weight → Overweight |
| 02/09/2022 | 32.18% | Morgan Stanley | $68 → $70 | Maintains | Equal-Weight |
| 12/01/2021 | 47.28% | Deutsche Bank | $75 → $78 | Maintains | Buy |
| 12/01/2021 | 28.4% | Morgan Stanley | $67 → $68 | Maintains | Equal-Weight |
| 12/01/2021 | 51.06% | Credit Suisse | $75 → $80 | Maintains | Outperform |
| 12/01/2021 | 64.27% | Needham | $85 → $87 | Maintains | Buy |
| 11/22/2021 | 19.9% | HSBC | → $63.5 | Initiates Coverage On | → Hold |
| 11/22/2021 | 66.16% | B of A Securities | → $88 | Initiates Coverage On | → Buy |
| 11/22/2021 | 26.51% | Morgan Stanley | → $67 | Initiates Coverage On | → Equal-Weight |
| 11/22/2021 | 41.62% | Deutsche Bank | → $75 | Initiates Coverage On | → Buy |
| 11/22/2021 | 41.62% | Wedbush | → $75 | Initiates Coverage On | → Outperform |
| 11/22/2021 | 51.06% | Raymond James | → $80 | Initiates Coverage On | → Outperform |
| 11/22/2021 | 51.06% | Cowen & Co. | → $80 | Initiates Coverage On | → Outperform |
| 11/22/2021 | 41.62% | Citigroup | → $75 | Initiates Coverage On | → Buy |
| 11/22/2021 | 88.82% | Baird | → $100 | Initiates Coverage On | → Outperform |
| 11/22/2021 | 60.5% | Needham | → $85 | Initiates Coverage On | → Buy |
| 11/22/2021 | 51.06% | JP Morgan | → $80 | Initiates Coverage On | → Overweight |
| 11/22/2021 | 41.62% | Credit Suisse | → $75 | Initiates Coverage On | → Outperform |
| 11/22/2021 | 64.27% | Jefferies | → $87 | Initiates Coverage On | → Buy |
| 11/09/2021 | 60.5% | Susquehanna | → $85 | Initiates Coverage On | → Positive |
| 11/08/2021 | -22.58% | Arete Research | → $41 | Initiates Coverage On | → Sell |
What is the target price for GLOBALFOUNDRIES (GFS)?
The latest price target for GLOBALFOUNDRIES (NASDAQ: GFS) was reported by JP Morgan on November 8, 2023. The analyst firm set a price target for $65.00 expecting GFS to rise to within 12 months (a possible 22.73% upside). 23 analyst firms have reported ratings in the last year.
What is the most recent analyst rating for GLOBALFOUNDRIES (GFS)?
The latest analyst rating for GLOBALFOUNDRIES (NASDAQ: GFS) was provided by JP Morgan, and GLOBALFOUNDRIES maintained their overweight rating.
When is the next analyst rating going to be posted or updated for GLOBALFOUNDRIES (GFS)?
Analysts arrive at stock ratings after doing extensive research, which includes going through public financial statements, talking to executives and customers of GLOBALFOUNDRIES, and listening in to earnings conference calls. Most analysts do this every three months, so you should get 4 ratings per company per firm each year. The last rating for GLOBALFOUNDRIES was filed on November 8, 2023 so you should expect the next rating to be made available sometime around November 8, 2024.
Is the Analyst Rating GLOBALFOUNDRIES (GFS) correct?
While ratings are subjective and will change, the latest GLOBALFOUNDRIES (GFS) rating was a maintained with a price target of $75.00 to $65.00. The current price GLOBALFOUNDRIES (GFS) is trading at is $52.96, which is out of the analyst's predicted range.