Cantor GlobalFoundries · GFS

Cantor Reiterates Overweight on GlobalFoundries, $90 Price Target

Analyst: C.J. Muse 1 min read Reproduced verbatim
Rating
Overweight
Unchanged
Target
$90
from $100 (−10%)
Upside
+144%
GFS at $36.90 today
Cantor and GlobalFoundries logos

What the analyst said

Cantor Fitzgerald analyst C.J.

Muse reiterated an Overweight rating and $90 price target on GlobalFoundries Inc.

(NASDAQ: GFS).

“Foundry capacity continues to get tighter, with our work suggesting no real end in sight.

We are hearing TSMC is increasing pricing +HSD% across the board (generally echoing what we have heard from GFS), and is undersupplying market demand by ~15-20% today.

We are also hearing strong and increasing visibility for TSMC into CY27/28 led by seven $10B+ customers (NVDA, AAPL, AMD, AVGO, QCOM, AWS, GOOGL) – with similar trends occurring at foundry peers.

Specific to GFS, beyond these broader-based positive trends, we would highlight idiosyncratic opportunities across SiPho/SiGe (sold out today; capacity to support ~$4B of biz vs ~$400-450M today), recent acquisitions driving non-semi revs, ASP increases starting January 1st, TSMC deemphasizing 55nm.”

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Where the price stands

GFS trades at $36.90. The 8 analysts who set a target in the last 3 months range from $50 to $110, with a median of $53. This $90 target is 70% above the median.

Since the note GFS has moved −18% (from $45.21). 12-month window: day 58 of 365, closes on September 8, 2027.

Track record

This callOpen: GFS has not reached $90 yet. This 12-month target is scored on September 8, 2027.

Firm track recordCantor: 80% of its 54 targets at least a year old were reached within 12 months (#12 of 26 firms). Accuracy ranking →

Cantor on GlobalFoundries

Cantor price targets on GlobalFoundries

4 calls from May 4, 2026 to October 15, 2026. The target went from $80 to $90 (+13%). The rating stayed Buy.

Cantor targetGFS share price
  1. October 15, 2026Kept the $90 targetBuy$90
  2. September 8, 2026 This noteTarget cut from $100 (−10%)Buy$90
  3. May 8, 2026Target raised from $80 (+25%)Buy$100
  4. May 4, 2026Earliest call shownBuy$80
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Other analysts on GlobalFoundries

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 SusquehannaBuy Cut price target −12%, kept rating Nov 4 $110from $125 JefferiesHold Cut price target −17%, kept rating Nov 4 $50from $60
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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.