TD Cowen GlobalFoundries · GFS

TD Cowen Lowers GlobalFoundries Price Target to $60

Analyst: Krish Sankar 1 min read Reproduced verbatim
Rating
Buy
Target
$60
from $75 (−20%)
Upside
+65%
GFS at $36.36 today
TD Cowen and GlobalFoundries logos

What the analyst said

TD Cowen analyst Krish Sankar lowered the price target on GlobalFoundries Inc.

(NASDAQ: GFS) to $60 (from $75) while maintaining a Buy 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 $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.

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 recordTD Cowen: 83% of its 35 targets at least a year old were reached within 12 months (#6 of 26 firms). Accuracy ranking →

Earnings reactionOne of 5 notes after GlobalFoundries’s Nov 4 results: 0 raised · 5 cut · 0 kept. See every call →

TD Cowen on GlobalFoundries

TD Cowen price targets on GlobalFoundries

3 calls from February 12, 2026 to November 5, 2026. The target went from $56 to $60 (+7%). The rating stayed Buy.

TD Cowen targetGFS share price
  1. November 5, 2026 This noteTarget cut from $75 (−20%)Buy$60
  2. August 6, 2026Target raised from $56 (+34%)Buy$75
  3. February 12, 2026Earliest call shown$56
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Other analysts on GlobalFoundries

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