Stifel GlobalFoundries · GFS

Stifel Reaffirms Buy on GlobalFoundries, $60 Price Target

Analyst: Sahej Singh 1 min read Reproduced verbatim
Rating
Buy
Unchanged
Target
$60
Unchanged
Upside
+65%
GFS at $36.36 today
Stifel and GlobalFoundries logos

What the analyst said

Stifel analyst Sahej Singh reiterated a Buy rating and $60 price target on GlobalFoundries Inc.

(NASDAQ: GFS).

“Pacing Well Against Targets, With CPO Expected to be Predominant Driver of 2030 Upside: During our conversation with CFO, Sam Franklin, he explained that near-term upside will be driven by pluggables, with revenue pacing ahead of investor day targets, and underscored that the $2-4B capacity-supported SiPho revenue band in 2030 would see upside flex predominantly driven by CPO (via scale-up) versus NPO (via scale-out) or pluggables (via scale-out-and-across).

We outline our math on GFS’ May-2026 investor day targets in Exhibit 1, to frame where we think the comparative baseline forecast sits today.”

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This research note is reproduced verbatim from the issuing firm. Price Target never edits, paraphrases or alters analysts’ words — we only republish them in one place.

Where the price stands

GFS trades at $36.36. The 10 analysts who set a target in the last 3 months range from $43 to $110, with a median of $53. This $60 target is 13% above the median.

Since the note GFS has moved −15% (from $42.75). 12-month window: day 50 of 365, closes on September 16, 2027.

Track record

This callOpen: GFS has not reached $60 yet. This 12-month target is scored on September 1, 2027. Same target as this firm’s September 1, 2026 note, so it is scored there.

Firm track recordStifel: 83% of its 41 targets at least a year old were reached within 12 months (#5 of 26 firms). Accuracy ranking →

Stifel on GlobalFoundries

Stifel price targets on GlobalFoundries

4 calls from September 1, 2026 to October 15, 2026. The target stayed at $60. The rating stayed Buy.

Stifel targetGFS share price
  1. October 15, 2026Kept the $60 targetBuy$60
  2. September 16, 2026 This noteKept the $60 targetBuy$60
  3. September 9, 2026Kept the $60 targetBuy$60
  4. September 1, 2026Earliest call shownBuy$60
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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.