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

Analyst price target for GFS

Based on 7 analysts offering 12 month price targets for Globalfoundries Inc.
Min Forecast
$55.00+18.66%
Avg Forecast
$61.71+33.15%
Max Forecast
$71.00+53.18%

Should I buy or sell GFS stock?

Based on 7 analysts offering ratings for Globalfoundries Inc.
Buy
Strong Buy
2 analysts 28.57%
Buy
2 analysts 28.57%
Hold
3 analysts 42.86%
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%2024-04-16
lockedlocked$00.00+00.00%2024-04-16
lockedlocked$00.00+00.00%2024-04-08
lockedlocked$00.00+00.00%2024-02-14
lockedlocked$00.00+00.00%2024-02-14
Susquehanna
Top 19%
82
Strong BuyMaintains$65.00+40.24%2024-02-14
Morgan Stanley
Top 6%
95
Strong BuyMaintains$68.00+46.71%2023-11-08

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Forecast return on equity

Is GFS forecast to generate an efficient return?
Company
N/A
Industry
0.76%
Market
19.68%

Forecast return on assets

Is GFS forecast to generate an efficient return on assets?
Company
N/A
Industry
0.35%

GFS revenue forecast

What is GFS's revenue in the next 3 years based on estimates from 6 analysts?
Avg 1 year Forecast
$6.8B-8.44%
Avg 2 year Forecast
$8.0B+8.35%
Avg 3 year Forecast
$8.2B+10.39%
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
57.17%
Industry
34.92%
Market
28.56%
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
2.64%
Industry
27.96%
Market
9.3%
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$46.35$61.71+33.15%Buy
ON$61.68$83.31+35.07%Buy
MPWR$611.37$713.83+16.76%Strong Buy
UMC$7.60$8.90+17.11%Hold
SWKS$99.30$114.29+15.09%Buy

Globalfoundries Stock Forecast FAQ

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

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

Out of 7 analysts, 2 (28.57%) are recommending GFS as a Strong Buy, 2 (28.57%) are recommending GFS as a Buy, 3 (42.86%) 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 revenue growth forecast for 2024-2026?

(NASDAQ: GFS) Globalfoundries's forecast annual revenue growth rate of 2.64% is not forecast to beat the US Semiconductors industry's average forecast revenue growth rate of 27.96%, and while it is not forecast to beat the US market's average forecast revenue growth rate of 9.3%.

Globalfoundries's revenue in 2024 is $7,392,000,000.On average, 6 Wall Street analysts forecast GFS's revenue for 2024 to be $3,742,872,665,000, with the lowest GFS revenue forecast at $3,653,671,000,000, and the highest GFS revenue forecast at $3,897,560,590,000. On average, 5 Wall Street analysts forecast GFS's revenue for 2025 to be $4,429,304,929,000, with the lowest GFS revenue forecast at $4,169,055,387,000, and the highest GFS revenue forecast at $4,810,541,470,000.

In 2026, GFS is forecast to generate $4,512,559,079,000 in revenue, with the lowest revenue forecast at $4,512,559,079,000 and the highest revenue forecast at $4,512,559,079,000.

What is GFS's forecast return on assets (ROA) for 2024-2026?

(NASDAQ: GFS) forecast ROA is N/A, which is lower than the forecast US Semiconductors industry average of 0.35%.

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 $61.71, with the highest GFS stock price forecast at $71.00 and the lowest GFS stock price forecast at $55.00.

On average, Wall Street analysts predict that Globalfoundries's share price could reach $61.71 by Apr 16, 2025. The average Globalfoundries stock price prediction forecasts a potential upside of 33.15% from the current GFS share price of $46.35.

What is GFS's forecast return on equity (ROE) for 2024-2026?

(NASDAQ: GFS) forecast ROE is N/A, which is considered weak.
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