On July 10, 2025, Goldman Sachs initiated coverage on GLOBALFOUNDRIES (GFS, Financial), assigning the stock a "Neutral" rating. This move was announced by analyst James Sheehan, adding a notable perspective from a leading investment banking firm on the semiconductor manufacturing company.
Alongside the rating, Goldman Sachs has announced a price target of $40.00 USD for GLOBALFOUNDRIES (GFS, Financial). The target reflects the analyst's view on the potential stock performance in the near term.
It's important to note that the initiation of coverage by such a prominent institution as Goldman Sachs can provide valuable insights for investors and market participants, although the "Neutral" rating suggests a balanced outlook on the stock.
Wall Street Analysts Forecast
Based on the one-year price targets offered by 19 analysts, the average target price for GLOBALFOUNDRIES Inc (GFS, Financial) is $43.66 with a high estimate of $55.00 and a low estimate of $37.00. The average target implies an upside of 6.51% from the current price of $40.99. More detailed estimate data can be found on the GLOBALFOUNDRIES Inc (GFS) Forecast page.
Based on the consensus recommendation from 20 brokerage firms, GLOBALFOUNDRIES Inc's (GFS, Financial) average brokerage recommendation is currently 2.2, 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 25.2% from the current price of $40.99. 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.
