What the analyst said

Wedbush analyst Matt Bryson raised the price target on GlobalFoundries (NASDAQ: GFS) to $72.00 (from $50.00) while maintaining a Neutral rating.

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Where the price stands

GFS trades at $38.62. The 10 analysts who set a target in the last 3 months range from $43 to $110, with a median of $53. This $72 target is 36% above the median.

Since the note GFS has moved −43% (from $67.75). 12-month window: day 185 of 365, closes on May 5, 2027.

Track record

This call✓ Target reached on May 5, 2026, 0 days after the note.

Firm track recordWedbush: 65% of its 23 targets at least a year old were reached within 12 months (#20 of 26 firms). Accuracy ranking →

Earnings reactionOne of 7 notes after GlobalFoundries’s May 5 results: 7 raised · 0 cut · 0 kept. See every call →
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Other analysts on GlobalFoundries

TD CowenBuy Cut price target −20%, kept rating Nov 5 $60from $75 UBSHold Cut price target −10%, kept rating Nov 5 $43from $48 Morgan StanleyHold Cut price target −11%, kept rating Nov 5 $50from $56 JP MorganHold Cut price target −12%, kept rating Nov 5 $50from $57 NeedhamBuy Cut price target −31%, kept rating Nov 5 $55from $80
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Price Target is an archive of Wall Street analyst research, published for informational purposes only. Nothing on this site is investment advice, a recommendation, or an offer to buy or sell any security. Analyst ratings and price targets are the opinions of the issuing firms, not of Price Target. Always do your own research or consult a licensed financial adviser.