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Globus Medical

GMEDNYSE
Logo brought to you by Benzinga Data
$83.47
0.370.45%
At close: -
$83.82
0.350.42%
After Hours: Dec 24, 4:24 PM EDT
Consensus Rating1
Buy
Highest Price Target1
$115.00
Lowest Price Target1
$70.00
Consensus Price Target1
$87.67

Globus Medical (NYSE:GMED) Stock, Analyst Ratings, Price Targets, Forecasts

Globus Medical Inc has a consensus price target of $87.67 based on the ratings of 20 analysts. The high is $115 issued by Roth MKM on December 17, 2024. The low is $70 issued by Loop Capital on February 10, 2023. The 3 most-recent analyst ratings were released by Truist Securities, Roth MKM, and BTIG on December 18, 2024, December 17, 2024, and December 12, 2024, respectively. With an average price target of $98.67 between Truist Securities, Roth MKM, and BTIG, there's an implied 17.71% upside for Globus Medical Inc from these most-recent analyst ratings.

Analyst Trends and Forecast
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1
Jul
4
Aug
2
Oct
6
1
1
Nov
5
Dec
Buy
Hold
Sell
Strong Sell
Analyst Rating and Forecast
12345
3.7
Buy
Strong Buy
Buy
Hold
Sell
Strong Sell

Analyst Firms Making Recommendations1

Truist Securities
Roth MKM
BTIG
Wells Fargo
Canaccord Genuity

1calculated from analyst ratings

Analyst Ratings for Globus Medical

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FAQ

Q

What is the target price for Globus Medical (GMED) stock?

A

The latest price target for Globus Medical (NYSE:GMED) was reported by Truist Securities on December 18, 2024. The analyst firm set a price target for $90.00 expecting GMED to rise to within 12 months (a possible 7.37% upside). 38 analyst firms have reported ratings in the last year.

Q

What is the most recent analyst rating for Globus Medical (GMED)?

A

The latest analyst rating for Globus Medical (NYSE:GMED) was provided by Truist Securities, and Globus Medical maintained their hold rating.

Q

When was the last upgrade for Globus Medical (GMED)?

A

The last upgrade for Globus Medical Inc happened on December 2, 2024 when Morgan Stanley raised their price target to $100. Morgan Stanley previously had an equal-weight for Globus Medical Inc.

Q

When was the last downgrade for Globus Medical (GMED)?

A

The last downgrade for Globus Medical Inc happened on February 13, 2023 when B of A Securities changed their price target from $83 to $63 for Globus Medical Inc.

Q

When is the next analyst rating going to be posted or updated for Globus Medical (GMED)?

A

Analysts arrive at stock ratings after doing extensive research, which includes going through public financial statements, talking to executives and customers of Globus Medical, and listening in to earnings conference calls. Most analysts do this every three months, so you should get 4 ratings per company per firm each year. The last rating for Globus Medical was filed on December 18, 2024 so you should expect the next rating to be made available sometime around December 18, 2025.

Q

Is the Analyst Rating Globus Medical (GMED) correct?

A

While ratings are subjective and will change, the latest Globus Medical (GMED) rating was a maintained with a price target of $85.00 to $90.00. The current price Globus Medical (GMED) is trading at is $83.82, which is out of the analyst’s predicted range.

Browse analyst ratings and price targets on all stocks.

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