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NASDAQ: GFS
Globalfoundries Inc Stock Forecast, Predictions & Price Target

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Analyst price target for GFS

Based on 7 analysts offering 12 month price targets for Globalfoundries Inc.
Min Forecast
$57.00-8.68%
Avg Forecast
$68.00+8.94%
Max Forecast
$78.00+24.96%

Should I buy or sell GFS stock?

Based on 7 analysts offering ratings for Globalfoundries Inc.
Strong Buy
Strong Buy
4 analysts 57.14%
Buy
3 analysts 42.86%
Hold
0 analysts 0%
Sell
0 analysts 0%
Strong Sell
0 analysts 0%

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GFS stock forecasts by analyst

Analyst / FirmRatingActionPrice TargetUpside/DownsideDateAnalyst Color
Credit Suisse
Top 2%
99
BuyAssumes$78.00+24.96%2022-11-16
Needham
Top 4%
97
BuyMaintains$72.00+15.35%2022-11-09
Deutsche Bank
Top 7%
94
Strong BuyMaintains$60.00-3.88%2022-10-18
Citigroup
Top 6%
95
Strong BuyMaintains$67.00+7.34%2022-08-10
Raymond James
Top 22%
79
BuyMaintains$70.00+12.14%2022-08-10
Bank of America
Top 10%
91
Strong BuyMaintains$57.00-8.68%2022-06-29
Anonymous
Needham
BuyMaintains$70.00+12.14%2022-05-11
Morgan Stanley
Top 16%
85
Strong BuyMaintains$72.00+15.35%2022-05-11

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Forecast return on equity

Is GFS forecast to generate an efficient return?
Company
19.35%
Industry
43.39%
Market
50.96%
GFS's Return on Equity is... subscribe to Premium to read more.
Forecast High Return on Equity Forecast

Forecast return on assets

Is GFS forecast to generate an efficient return on assets?
Company
10.17%
Industry
19.65%
GFS is forecast to generate... subscribe to Premium to read more.
Forecast Return on Assets vs Industry Forecast

GFS earnings per share forecast

What is GFS's earnings per share in the next 3 years based on estimates from 6 analysts?
Avg 1 year Forecast
$2.35+51.61%
Avg 2 year Forecast
$1.99+28.39%
Avg 3 year Forecast
$3.21+107.1%
GFS's earnings are forecast to... subscribe to Premium to read more.
Forecast High Earnings Growth Forecast

GFS revenue forecast

What is GFS's revenue in the next 3 years based on estimates from 6 analysts?
Avg 1 year Forecast
$8.1B+2.82%
Avg 2 year Forecast
$8.4B+7.02%
Avg 3 year Forecast
$9.2B+17.28%
GFS's revenue is forecast to... subscribe to Premium to read more.
Forecast High Revenue Growth Forecast

GFS earnings growth forecast

How is GFS forecast to perform vs Semiconductors companies and vs the US market?
Company
32.32%
Industry
15.19%
Market
20.2%
GFS's earnings are forecast to... subscribe to Premium to read more.
Forecast Earnings Growth vs Industry Forecast
GFS's earnings are forecast to... subscribe to Premium to read more.
Forecast Earnings Growth vs Market Forecast
GFS's earnings are forecast to... subscribe to Premium to read more.
Forecast Earnings Growth vs Savings Rate Forecast

GFS revenue growth forecast

How is GFS forecast to perform vs Semiconductors companies and vs the US market?
Company
4.39%
Industry
4.56%
Market
6.42%
GFS's revenues are forecast to... subscribe to Premium to read more.
Forecast Revenue Growth vs Industry Forecast
GFS's revenues are forecast to... subscribe to Premium to read more.
Forecast Revenue Growth vs Market Forecast

GFS vs Semiconductor Stocks

TickerPricePrice TargetUp/downsideConsensus
GFS$62.42$68.00+8.94%Strong Buy
STM$38.70$62.00+60.21%Hold
MRVL$41.70$65.91+58.06%Strong Buy
ON$72.16$74.28+2.94%Strong Buy
MCHP$76.82$82.94+7.97%Strong Buy

Globalfoundries Stock Forecast FAQ

Is Globalfoundries Stock a good buy in 2022, according to Wall Street analysts?

The consensus among 7 Wall Street analysts covering (NASDAQ: GFS) stock is to Strong Buy GFS stock.

Out of 7 analysts, 4 (57.14%) are recommending GFS as a Strong Buy, 3 (42.86%) are recommending GFS as a Buy, 0 (0%) are recommending GFS as a Hold, 0 (0%) are recommending GFS as a Sell, and 0 (0%) are recommending GFS as a Strong Sell.

If you're new to stock investing, here's how to buy Globalfoundries stock.

What is GFS's earnings growth forecast for 2022-2024?

(NASDAQ: GFS) Globalfoundries's forecast annual earnings growth rate of 32.32% is forecast to beat the US Semiconductors industry's average forecast earnings growth rate of 15.19%, and and it is also forecast to beat the US market's average forecast earnings growth rate of 20.2%.

Globalfoundries's earnings in 2022 is $822,287,000.On average, 6 Wall Street analysts forecast GFS's earnings for 2022 to be $1,280,921,550, with the lowest GFS earnings forecast at $1,253,667,900, and the highest GFS earnings forecast at $1,335,428,850. On average, 1 Wall Street analyst forecast GFS's earnings for 2023 to be $1,084,695,270, with the lowest GFS earnings forecast at $1,084,695,270, and the highest GFS earnings forecast at $1,084,695,270.

In 2024, GFS is forecast to generate $1,749,684,330 in earnings, with the lowest earnings forecast at $1,389,936,150 and the highest earnings forecast at $1,902,304,770.

What is GFS's revenue growth forecast for 2022-2024?

(NASDAQ: GFS) Globalfoundries's forecast annual revenue growth rate of 4.39% is not forecast to beat the US Semiconductors industry's average forecast revenue growth rate of 4.56%, and while it is not forecast to beat the US market's average forecast revenue growth rate of 6.42%.

Globalfoundries's revenue in 2022 is $7,853,893,000.On average, 6 Wall Street analysts forecast GFS's revenue for 2022 to be $4,401,685,774,638, with the lowest GFS revenue forecast at $4,388,382,723,000, and the highest GFS revenue forecast at $4,410,785,223,300. On average, 6 Wall Street analysts forecast GFS's revenue for 2023 to be $4,581,632,904,420, with the lowest GFS revenue forecast at $4,442,344,950,000, and the highest GFS revenue forecast at $4,728,813,515,880.

In 2024, GFS is forecast to generate $5,020,516,962,852 in revenue, with the lowest revenue forecast at $4,745,465,496,030 and the highest revenue forecast at $5,276,306,640,000.

What is GFS's forecast return on assets (ROA) for 2022-2024?

(NASDAQ: GFS) forecast ROA is 10.17%, which is lower than the forecast US Semiconductors industry average of 19.65%.

What is GFS's Price Target?

According to 7 Wall Street analysts that have issued a 1 year GFS price target, the average GFS price target is $68.00, with the highest GFS stock price forecast at $78.00 and the lowest GFS stock price forecast at $57.00.

On average, Wall Street analysts predict that Globalfoundries's share price could reach $68.00 by Nov 16, 2023. The average Globalfoundries stock price prediction forecasts a potential upside of 8.94% from the current GFS share price of $62.42.

What is GFS's Earnings Per Share (EPS) forecast for 2022-2024?

(NASDAQ: GFS) Globalfoundries's current Earnings Per Share (EPS) is $1.55. On average, analysts forecast that GFS's EPS will be $2.35 for 2022, with the lowest EPS forecast at $2.30, and the highest EPS forecast at $2.45. On average, analysts forecast that GFS's EPS will be $1.99 for 2023, with the lowest EPS forecast at $1.99, and the highest EPS forecast at $1.99. In 2024, GFS's EPS is forecast to hit $3.21 (min: $2.55, max: $3.49).

What is GFS's forecast return on equity (ROE) for 2022-2024?

(NASDAQ: GFS) forecast ROE is 19.35%, which is considered weak.
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