On July 1, 2025, Argus Research initiated coverage on GLOBALFOUNDRIES, marked by the ticker (GFS, Financial). The analyst, David Toung, announced a "Buy" rating for the company, setting a new price target of USD 52.00.
This initiation by Argus Research comes without any prior rating changes, as it is the first coverage from the firm on GLOBALFOUNDRIES. With the price target established at USD 52.00, analysts are indicating a positive outlook for (GFS, Financial) in the stock market.
Investors and market watchers will be keen to see how GLOBALFOUNDRIES, under the ticker (GFS, Financial), performs following this analyst initiation and the prospects outlined with the "Buy" rating.
Wall Street Analysts Forecast
Based on the one-year price targets offered by 18 analysts, the average target price for GLOBALFOUNDRIES Inc (GFS, Financial) is $43.47 with a high estimate of $55.00 and a low estimate of $35.00. The average target implies an upside of 12.04% from the current price of $38.80. More detailed estimate data can be found on the GLOBALFOUNDRIES Inc (GFS) Forecast page.
Based on the consensus recommendation from 19 brokerage firms, GLOBALFOUNDRIES Inc's (GFS, Financial) average brokerage recommendation is currently 2.3, indicating "Outperform" status. The rating scale ranges from 1 to 5, where 1 signifies Strong Buy, and 5 denotes Sell.
Based on GuruFocus estimates, the estimated GF Value for GLOBALFOUNDRIES Inc (GFS, Financial) in one year is $51.32, suggesting a upside of 32.27% from the current price of $38.8. GF Value is GuruFocus' estimate of the fair value that the stock should be traded at. It is calculated based on the historical multiples the stock has traded at previously, as well as past business growth and the future estimates of the business' performance. More detailed data can be found on the GLOBALFOUNDRIES Inc (GFS) Summary page.
