Morgan Stanley GlobalFoundries · GFS

Morgan Stanley Lowers GlobalFoundries Price Target to $50

Analyst: Charlie Chan 1 min read Reproduced verbatim
Rating
Equalweight
Target
$50
from $56 (−11%)
Upside
+31%
GFS at $38.14 today
Morgan Stanley and GlobalFoundries logos

What the analyst said

Morgan Stanley analyst Charlie Chan lowered the price target on GlobalFoundries Inc.

(NASDAQ: GFS) to $50 (from $56) while maintaining an Equalweight rating.

Disclaimer
The price target and rating on this page are the opinion of the issuing research firm and its analyst, not of Price Target. This page is published for informational purposes only and is not investment advice, a recommendation, or an offer to buy or sell any security. Past performance does not guarantee future results. Consider your own circumstances and consult a licensed financial adviser before making investment decisions.

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 $38.14. The 8 analysts who set a target in the last 3 months range from $50 to $110, with a median of $53. This $50 target is 6% below the median, the lowest on the Street.

12-month window: day 0 of 365, closes on November 5, 2027.

Track record

This callOpen: a 12-month target, scored on November 5, 2027, a year after the note.

Firm track recordMorgan Stanley: 82% of its 49 targets at least a year old were reached within 12 months (#8 of 26 firms). Accuracy ranking →

Morgan Stanley on GlobalFoundries

Morgan Stanley price targets on GlobalFoundries

7 calls from February 9, 2026 to November 5, 2026. The target went from $43 to $50 (+16%). The rating stayed Hold.

Morgan Stanley targetGFS share price
  1. November 5, 2026 This noteTarget cut from $56 (−11%)Hold$50
  2. November 2, 2026Target cut from $60 (−7%)Hold$56
  3. August 6, 2026Target raised from $57 (+5%)Hold$60
  4. August 3, 2026Target cut from $58 (−2%)Hold$57
  5. May 4, 2026Target raised from $47 (+23%)$58
  6. February 12, 2026Target raised from $43 (+9%)$47
  7. February 9, 2026Earliest call shown$43
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Other analysts on GlobalFoundries

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 CantorBuy Kept rating and price target Oct 15 $90maintained
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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.