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

Analyst price target for GFS

Based on 10 analysts offering 12 month price targets for Globalfoundries Inc.
Min Forecast
$50.00+28.37%
Avg Forecast
$58.10+49.17%
Max Forecast
$71.00+82.28%

Should I buy or sell GFS stock?

Based on 10 analysts offering ratings for Globalfoundries Inc.
Buy
Strong Buy
4 analysts 40%
Buy
2 analysts 20%
Hold
4 analysts 40%
Sell
0 analysts 0%
Strong Sell
0 analysts 0%

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GFS stock forecasts by analyst

Analyst / FirmRatingActionPrice TargetUpside/DownsideDateAnalyst Color
lockedlocked$00.00+00.00%2024-08-07
lockedlocked$00.00+00.00%2024-08-07
lockedlocked$00.00+00.00%2024-08-07
lockedlocked$00.00+00.00%2024-08-07
lockedlocked$00.00+00.00%2024-07-16
Jefferies
Top 3%
98
Strong BuyAssumes$62.00+59.18%2024-05-13
HSBC
Top 21%
80
HoldMaintains$50.00+28.37%2024-05-08
Morgan Stanley
Top 4%
97
Strong BuyMaintains$63.00+61.75%2024-05-08
Susquehanna
Top 16%
85
HoldMaintains$50.00+28.37%2024-05-08
Bank of America
Top 1%
100
HoldMaintains$55.00+41.21%2024-04-16

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Forecast return on equity

Is GFS forecast to generate an efficient return?
Company
12.85%
Industry
116.56%
Market
49.3%
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
8.06%
Industry
79.09%
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 8 analysts?
Avg 1 year Forecast
$1.09-25.68%
Avg 2 year Forecast
$1.62+10.2%
Avg 3 year Forecast
$2.43+65.31%
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
$6.7B-2.4%
Avg 2 year Forecast
$7.6B+10.34%
Avg 3 year Forecast
$8.6B+24.78%
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
16.74%
Industry
36.06%
Market
18.13%
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
7.54%
Industry
22.22%
Market
9.61%
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$38.95$58.10+49.17%Buy
UMC$8.29N/AN/A
STM$28.24$44.76+58.50%Buy
SWKS$96.73$115.07+18.96%Hold
ON$70.33$86.95+23.63%Buy

Globalfoundries Stock Forecast FAQ

Is Globalfoundries Stock a good buy in 2024, according to Wall Street analysts?

The consensus among 10 Wall Street analysts covering (NASDAQ: GFS) stock is to Buy GFS stock.

Out of 10 analysts, 4 (40%) are recommending GFS as a Strong Buy, 2 (20%) are recommending GFS as a Buy, 4 (40%) 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 2024-2026?

(NASDAQ: GFS) Globalfoundries's forecast annual earnings growth rate of 16.74% is not forecast to beat the US Semiconductors industry's average forecast earnings growth rate of 36.06%, and while it is not forecast to beat the US market's average forecast earnings growth rate of 18.13%.

Globalfoundries's earnings in 2024 is $814,000,000.On average, 8 Wall Street analysts forecast GFS's earnings for 2024 to be $602,816,882, with the lowest GFS earnings forecast at $568,330,790, and the highest GFS earnings forecast at $629,026,311. On average, 7 Wall Street analysts forecast GFS's earnings for 2025 to be $893,879,495, with the lowest GFS earnings forecast at $789,041,776, and the highest GFS earnings forecast at $998,717,213.

In 2026, GFS is forecast to generate $1,340,819,242 in earnings, with the lowest earnings forecast at $1,098,037,157 and the highest earnings forecast at $1,600,154,651.

What is GFS's revenue growth forecast for 2024-2026?

(NASDAQ: GFS) Globalfoundries's forecast annual revenue growth rate of 7.54% is not forecast to beat the US Semiconductors industry's average forecast revenue growth rate of 22.22%, and while it is not forecast to beat the US market's average forecast revenue growth rate of 9.61%.

Globalfoundries's revenue in 2024 is $6,887,000,000.On average, 6 Wall Street analysts forecast GFS's revenue for 2024 to be $3,708,952,668,950, with the lowest GFS revenue forecast at $3,686,977,027,812, and the highest GFS revenue forecast at $3,739,263,460,490. On average, 6 Wall Street analysts forecast GFS's revenue for 2025 to be $4,192,998,899,221, with the lowest GFS revenue forecast at $4,091,429,910,390, and the highest GFS revenue forecast at $4,296,288,330,192.

In 2026, GFS is forecast to generate $4,741,664,340,313 in revenue, with the lowest revenue forecast at $4,527,032,838,034 and the highest revenue forecast at $4,869,596,152,915.

What is GFS's forecast return on assets (ROA) for 2024-2027?

(NASDAQ: GFS) forecast ROA is 8.06%, which is lower than the forecast US Semiconductors industry average of 79.09%.

What is GFS's Price Target?

According to 10 Wall Street analysts that have issued a 1 year GFS price target, the average GFS price target is $58.10, with the highest GFS stock price forecast at $71.00 and the lowest GFS stock price forecast at $50.00.

On average, Wall Street analysts predict that Globalfoundries's share price could reach $58.10 by Aug 7, 2025. The average Globalfoundries stock price prediction forecasts a potential upside of 49.17% from the current GFS share price of $38.95.

What is GFS's Earnings Per Share (EPS) forecast for 2024-2026?

(NASDAQ: GFS) Globalfoundries's current Earnings Per Share (EPS) is $1.47. On average, analysts forecast that GFS's EPS will be $1.09 for 2024, with the lowest EPS forecast at $1.03, and the highest EPS forecast at $1.14. On average, analysts forecast that GFS's EPS will be $1.62 for 2025, with the lowest EPS forecast at $1.43, and the highest EPS forecast at $1.81. In 2026, GFS's EPS is forecast to hit $2.43 (min: $1.99, max: $2.90).

What is GFS's forecast return on equity (ROE) for 2024-2027?

(NASDAQ: GFS) forecast ROE is 12.85%, which is considered weak.
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