GlobalFoundries Inc. Stock 12‑Month Price Target Cut to $72.45, Implies 69% Upside

What happened

GlobalFoundries’ average 12-month share-price target, based on estimates from 20 analysts, fell from $73.35 to $72.45. Using the Nov. 3 closing price, the revised target implies approximately 69% potential upside. The consensus rating remains Buy among 24 analysts.

Confirmed

Global impact / market context

The lower average target signals that analysts have modestly reduced their valuation expectations, even while the group still rates the shares Buy overall. If expectations shape investor decisions, this change could influence demand for the stock, but the article gives no actual price movement or company operating results.

Analyst inference

The target range is wide, from $45 to $140 per share, showing substantial disagreement among the 20 analysts providing estimates. The 24-analyst rating mix—14 Buys, nine Holds and one Sell—offers a broader view of opinion, but neither measure guarantees future performance.

Confirmed

What to watch

1. Check for later changes to the average target and the $45–$140 forecast range; further revisions could show whether analyst expectations are converging or diverging. Analyst inference
2. Watch whether the 14 Buy, nine Hold and one Sell ratings change; a shift in recommendations could alter investor demand for GlobalFoundries shares. Analyst inference
3. Compare future analyst targets with the share price and company results when those details become available; the article provides neither updated prices nor operating results. Analyst inference

Evidence

• Original source link unavailable