What is Citigroup's price target for GFS?

Citigroup's latest stated price target for GlobalFoundries Inc. (GFS) is $56, from its action on Feb 14, 2024.

What is Citigroup's rating on GFS?

Citigroup rates GFS Neutral, a neutral rating, as of Feb 14, 2024.

When did Citigroup last change its view on GFS?

On Feb 14, 2024, Citigroup downgrades to Neutral from Buy, price target $70 to $56.

Citigroup GFS price target and rating history

Citigroup rates GlobalFoundries Inc. (GFS) Neutral with a $56 price target, as of its latest action on Feb 14, 2024. It has published 3 rating actions on GFS since November 2021, including 0 upgrades and 1 downgrade. Across 5 firms with a GFS price target in the last 12 months, the median target is $60.

Current rating: Neutral
Price target: $56
Median target, all firms: $60
Actions on GFS: 3

Citigroup price target on GFS

Citigroup price target on GFS, each point a stated target, November 2021 to February 2024.

Every Citigroup rating on GFS

Feb 14, 2024
DowngradeCitigroup downgrades to Neutral from Buy, price target $70 to $56
Feb 15, 2023
ReiterateCitigroup raises its price target to $77 from $67, keeps Buy
Nov 22, 2021
InitiateCitigroup starts coverage at Buy, price target $75

How other firms rate GFS

Each firm's latest rating and stated target in the last 12 months.

Firm	Rating	Price target	Date
BNP Paribas Exane	Neutral	$51	Oct 5, 2026
Stifel	Buy	$60	Sep 2, 2026
Arete Research	Buy		Jun 10, 2026
Susquehanna	Positive	$100	May 6, 2026
Cantor Fitzgerald	Overweight	$80	May 4, 2026
Wedbush	Neutral	$40	Dec 31, 2025

Questions about Citigroup and GFS

What is Citigroup's price target for GFS?: Citigroup's latest stated price target for GlobalFoundries Inc. (GFS) is $56, from its action on Feb 14, 2024.
What is Citigroup's rating on GFS?: Citigroup rates GFS Neutral, a neutral rating, as of Feb 14, 2024.
When did Citigroup last change its view on GFS?: On Feb 14, 2024, Citigroup downgrades to Neutral from Buy, price target $70 to $56.
How does Citigroup's GFS target compare with other analysts?: Across 5 firms with a GFS price target in the last 12 months, the median target is $60.

More GFS rating histories

All Citigroup ratings GFS news and filings Every analyst firm

From rating actions in the Quantisnow feed. A target holds until the firm states a new one; a reiteration with no target keeps the last one. Not investment advice.