Comments
Loading...

Globus Medical

GMEDNYSE
$74.46
1.652.27%
Pre-Market: 7:41 AM EDT
15 minutes delayed
Consensus Rating1
Buy
Highest Price Target1
$96.00
Lowest Price Target1
$58.00
Consensus Price Target1
$76.47

want to know what
the Bulls & Bears Say?

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

Globus Medical Inc has a consensus price target of $76.47 based on the ratings of 21 analysts. The high is $96 issued by SVB Leerink on August 5, 2021. The low is $58 issued by Wells Fargo on September 15, 2023. The 3 most-recent analyst ratings were released by Truist Securities, BTIG, and Morgan Stanley on July 16, 2024, July 15, 2024, and July 15, 2024, respectively. With an average price target of $74.67 between Truist Securities, BTIG, and Morgan Stanley, there's an implied 0.28% upside for Globus Medical Inc from these most-recent analyst ratings.

Analyst Trends and Forecast
0
0
0
0
Feb
0
0
0
0
Mar
2
1
May
1
Jul
Buy
Hold
Sell
Strong Sell
Analyst Rating and Forecast
12345
3.0
Hold
Strong Buy
Buy
Hold
Sell
Strong Sell

Analyst Firms Making Recommendations1

Truist Securities
BTIG
Morgan Stanley
Piper Sandler
Barclays

1calculated from analyst ratings

Analyst Ratings for Globus Medical

Buy NowGet Alert
07/16/2024Buy Now4.75%Truist Securities
Richard Newitter
$63 → $78MaintainsHoldGet Alert
07/15/2024Buy Now0.73%BTIG
Ryan Zimmerman
$72 → $75MaintainsBuyGet Alert
07/15/2024Buy Now-4.65%Morgan Stanley
Drew Ranieri
$67 → $71MaintainsEqual-WeightGet Alert
05/29/2024Buy Now-3.3%BTIG
Ryan Zimmerman
$63 → $72MaintainsBuyGet Alert
05/20/2024Buy Now7.44%Piper Sandler
Matt O'Brien
$60 → $80UpgradeNeutral → OverweightGet Alert
05/09/2024Buy Now14.16%Barclays
Matt Miksic
$83 → $85MaintainsOverweightGet Alert
05/08/2024Buy Now-15.39%BTIG
Ryan Zimmerman
$60 → $63MaintainsBuyGet Alert
05/08/2024Buy Now-19.42%Piper Sandler
Matt O'Brien
$55 → $60MaintainsNeutralGet Alert
05/08/2024Buy Now-5.99%Stifel
Mathew Blackman
$64 → $70MaintainsBuyGet Alert
05/08/2024Buy NowNeedham
David Saxon
Reiterates → HoldGet Alert
03/18/2024Buy Now-19.42%BTIG
Ryan Zimmerman
→ $60UpgradeNeutral → BuyGet Alert
02/21/2024Buy Now-14.05%Stifel
Mathew Blackman
$61 → $64MaintainsBuyGet Alert
02/21/2024Buy Now-19.42%Truist Securities
Richard Newitter
$58 → $60MaintainsHoldGet Alert
01/11/2024Buy Now-5.99%RBC Capital
Shagun Singh
→ $70ReiteratesOutperform → OutperformGet Alert
12/22/2023Buy Now-22.11%Truist Securities
Richard Newitter
$53 → $58MaintainsHoldGet Alert
12/20/2023Buy Now-4.65%Canaccord Genuity
Kyle Rose
$67 → $71MaintainsBuyGet Alert
11/14/2023Buy Now-28.82%Morgan Stanley
Drew Ranieri
$60 → $53MaintainsEqual-WeightGet Alert
11/08/2023Buy Now-28.82%Truist Securities
Richard Newitter
$58 → $53MaintainsHoldGet Alert
10/20/2023Buy Now0.73%Roth MKM
Jason Wittes
→ $75Initiates → BuyGet Alert
10/12/2023Buy Now15.5%Barclays
Matt Miksic
$77 → $86MaintainsOverweightGet Alert
09/19/2023Buy Now-18.08%Stifel
Mathew Blackman
→ $61UpgradeHold → BuyGet Alert
09/15/2023Buy Now-22.11%Wells Fargo
Vik Chopra
$63 → $58MaintainsEqual-WeightGet Alert
09/05/2023Buy Now-12.7%Truist Securities
Richard Newitter
→ $65ReiteratesHold → HoldGet Alert
08/07/2023Buy Now-12.7%Truist Securities
Richard Newitter
$68 → $65MaintainsHoldGet Alert
08/07/2023Buy Now3.41%Barclays
Matt Miksic
$75 → $77MaintainsOverweightGet Alert
08/04/2023Buy Now-15.39%Wells Fargo
Vik Chopra
$61 → $63MaintainsEqual-WeightGet Alert
07/19/2023Buy Now-8.68%Truist Securities
Richard Newitter
$64 → $68MaintainsHoldGet Alert
05/31/2023Buy Now-19.42%Morgan Stanley
Drew Ranieri
$64 → $60MaintainsEqual-WeightGet Alert
05/24/2023Buy NowJMP Securities
David Turkaly
Reiterates → Market PerformGet Alert
05/05/2023Buy Now-14.05%Truist Securities
Richard Newitter
$66 → $64MaintainsHoldGet Alert
03/30/2023Buy Now-10.02%Canaccord Genuity
Kyle Rose
→ $67UpgradeHold → BuyGet Alert
03/28/2023Buy Now-10.02%Canaccord Genuity
Kyle Rose
→ $67Reiterates → HoldGet Alert
02/22/2023Buy Now-14.05%Morgan Stanley
Drew Ranieri
$78 → $64MaintainsEqual-WeightGet Alert
02/22/2023Buy Now-10.02%Canaccord Genuity
Kyle Rose
$75 → $67MaintainsHoldGet Alert
02/22/2023Buy Now-18.08%Wells Fargo
Vik Chopra
$67 → $61MaintainsEqual-WeightGet Alert
02/13/2023Buy Now-15.39%B of A Securities
Craig Bijou
$83 → $63DowngradeBuy → UnderperformGet Alert
02/10/2023Buy Now-10.02%Wells Fargo
Vik Chopra
$82 → $67DowngradeOverweight → Equal-WeightGet Alert
02/10/2023Buy Now-5.99%Truist Securities
Richard Newitter
→ $70DowngradeBuy → HoldGet Alert
02/10/2023Buy Now-5.99%Loop Capital
Jason Wittes
$90 → $70DowngradeBuy → HoldGet Alert
02/10/2023Buy NowNeedham
David Saxon
DowngradeBuy → HoldGet Alert
02/10/2023Buy NowBTIG
Ryan Zimmerman
DowngradeBuy → NeutralGet Alert
02/09/2023Buy NowPiper Sandler
Matt O'Brien
DowngradeOverweight → NeutralGet Alert
01/06/2023Buy Now4.75%Morgan Stanley
Drew Ranieri
$68 → $78MaintainsEqual-WeightGet Alert
12/20/2022Buy Now14.16%Truist Securities
Richard Newitter
$74 → $85MaintainsBuyGet Alert
12/12/2022Buy Now10.13%Wells Fargo
Vik Chopra
$74 → $82MaintainsOverweightGet Alert
11/09/2022Buy Now-8.68%Morgan Stanley
Drew Ranieri
$66 → $68MaintainsEqual-WeightGet Alert
10/18/2022Buy Now-7.33%Barclays
Matt Miksic
→ $69Initiates → OverweightGet Alert
10/12/2022Buy Now0.73%Jefferies
Matthew Taylor
→ $75Initiates → BuyGet Alert
10/11/2022Buy Now-11.36%Morgan Stanley
Drew Ranieri
$62 → $66MaintainsEqual-WeightGet Alert
08/05/2022Buy Now0.73%Piper Sandler
Matt O'Brien
$80 → $75MaintainsOverweightGet Alert
07/20/2022Buy Now-4.65%Truist Securities
Richard Newitter
$76 → $71MaintainsBuyGet Alert
07/15/2022Buy Now-16.73%Morgan Stanley
Drew Ranieri
$68 → $62MaintainsEqual-WeightGet Alert
05/12/2022Buy Now-8.68%Morgan Stanley
Drew Ranieri
$74 → $68MaintainsEqual-WeightGet Alert
05/11/2022Buy Now-1.96%RBC Capital
Shagun Singh
$78 → $73MaintainsOutperformGet Alert
05/11/2022Buy Now-5.99%Wells Fargo
Larry Biegelsen
$80 → $70MaintainsOverweightGet Alert
05/11/2022Buy Now-4.65%Needham
David Saxon
$76 → $71MaintainsBuyGet Alert
03/28/2022Buy Now7.44%Wells Fargo
Larry Biegelsen
→ $80Initiates → OverweightGet Alert
02/22/2022Buy Now-0.62%Morgan Stanley
Drew Ranieri
$82 → $74MaintainsEqual-WeightGet Alert
02/18/2022Buy Now22.21%Credit Suisse
Matt Miksic
$95 → $91MaintainsOutperformGet Alert
02/18/2022Buy Now2.07%Needham
David Saxon
$92 → $76MaintainsBuyGet Alert
01/07/2022Buy Now10.13%Morgan Stanley
David Lewis
$80 → $82MaintainsEqual-WeightGet Alert
01/04/2022Buy Now18.18%Piper Sandler
Matt O'Brien
$80 → $88UpgradeNeutral → OverweightGet Alert
12/13/2021Buy Now7.44%B of A Securities
Craig Bijou
UpgradeUnderperform → BuyGet Alert
08/05/2021Buy Now20.87%Canaccord Genuity
Kyle Rose
MaintainsBuyGet Alert
08/05/2021Buy Now24.9%Citigroup
Matthew Henriksson
MaintainsBuyGet Alert
08/05/2021Buy Now7.44%Morgan StanleyMaintainsEqual-WeightGet Alert
08/05/2021Buy Now22.21%Credit Suisse
Matt Miksic
MaintainsOutperformGet Alert
08/05/2021Buy Now28.93%SVB Leerink
Richard Newitter
MaintainsOutperformGet Alert
08/05/2021Buy Now23.56%Needham
David Saxon
MaintainsBuyGet Alert

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 July 16, 2024. The analyst firm set a price target for $78.00 expecting GMED to rise to within 12 months (a possible 4.75% upside). 27 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 May 20, 2024 when Piper Sandler raised their price target to $80. Piper Sandler previously had a neutral 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 July 16, 2024 so you should expect the next rating to be made available sometime around July 16, 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 $63.00 to $78.00. The current price Globus Medical (GMED) is trading at is $74.46, which is within the analyst’s predicted range.

Browse analyst ratings and price targets on all stocks.

People Also Watch