Globus Medical Inc
NYSE:GMED

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Globus Medical Inc
NYSE:GMED
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Price: 84.72 USD -0.22% Market Closed
Market Cap: 11.5B USD
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Wall Street
Price Targets

GMED Price Targets Summary
Globus Medical Inc

Wall Street analysts forecast GMED stock price to rise over the next 12 months.

According to Wall Street analysts, the average 1-year price target for GMED is 92.35 USD with a low forecast of 80.8 USD and a high forecast of 105 USD.

Lowest
Price Target
80.8 USD
5% Downside
Average
Price Target
92.35 USD
9% Upside
Highest
Price Target
105 USD
24% Upside

GMED Last Price Targets
Globus Medical Inc

The latest public price target was made on Aug 28, 2024 by Ryan Zimmerman from BTIG , who expects GMED stock to drop by 9% over the next 12 months. You can read more about this price target by viewing the article on TheFly.

Analyst Price Target Date Article
Ryan Zimmerman
BTIG
77 USD
Downside 9%
2 months ago
Aug 28, 2024
Globus Medical price target raised to $77 from $75 at BTIG
TheFly
Vik Chopra
Wells Fargo
78 USD
Downside 8%
3 months ago
Aug 7, 2024
Wells Fargo Upgrades Globus Medical (GMED) to Overweight
StreetInsider
Drew Ranieri
Morgan Stanley
71 USD
Downside 16%
4 months ago
Jul 15, 2024
Globus Medical price target raised to $71 from $67 at Morgan Stanley
TheFly
Ryan Zimmerman
BTIG
72 USD
Downside 15%
5 months ago
May 29, 2024
Globus Medical (GMED) PT Raised to $72 at BTIG
StreetInsider
Matt O'Brien
Piper Sandler
80 USD
Downside 6%
6 months ago
May 20, 2024
Globus Medical upgraded to Overweight from Neutral at Piper Sandler
TheFly
Ryan Zimmerman
BTIG
60 USD
Downside 29%
8 months ago
Mar 18, 2024
BTIG Upgrades Globus Medical (GMED) to Buy
StreetInsider
Mathew Blackman
Stifel Nicolaus
61 USD
Downside 28%
1 year ago
Sep 19, 2023
Globus Medical's Untapped Potential Beyond The NUVA Transaction; Analyst Turns Bullish
Benzinga
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Ryan Zimmerman
BTIG
Price Target 77 USD
Upside/Downside 9%
View Source
Vik Chopra
Wells Fargo
Price Target 78 USD
Upside/Downside 8%
View Source
Drew Ranieri
Morgan Stanley
Price Target 71 USD
Upside/Downside 16%
View Source
Ryan Zimmerman
BTIG
Price Target 72 USD
Upside/Downside 15%
View Source
Matt O'Brien
Piper Sandler
Price Target 80 USD
Upside/Downside 6%
View Source
Ryan Zimmerman
BTIG
Price Target 60 USD
Upside/Downside 29%
View Source
Mathew Blackman
Stifel Nicolaus
Price Target 61 USD
Upside/Downside 28%
View Source
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Globus Medical Inc Competitors:
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13% Upside
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180% Upside
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MITech Co Ltd
79% Upside

Revenue
Forecast

Revenue Estimate
Globus Medical Inc

For the last 8 years the compound annual growth rate for Globus Medical Inc's revenue is 14%. The projected CAGR for the next 3 years is 23%.

14%
Past Growth
23%
Estimated Growth
Estimates Accuracy
-2%
Average Miss

Operating Income
Forecast

Operating Income Estimate
Globus Medical Inc

For the last 8 years the compound annual growth rate for Globus Medical Inc's operating income is 3%. The projected CAGR for the next 3 years is 48%.

3%
Past Growth
48%
Estimated Growth
Estimates Accuracy
-9%
Average Miss

Net Income
Forecast

Net Income Estimate
Globus Medical Inc

For the last 8 years the compound annual growth rate for Globus Medical Inc's net income is 1%. The projected CAGR for the next 3 years is 64%.

1%
Past Growth
64%
Estimated Growth
Estimates Accuracy
-37%
Average Miss

See Also

Discover More
Why do you have more estimates than other sites?

Our estimates are sourced from the pool of sell-side and buy-side analysts that we have access to. What is available on other sites you are seeing are mostly from the sell-side analysts.

What is GMED's stock price target?
Price Target
92.35 USD

According to Wall Street analysts, the average 1-year price target for GMED is 92.35 USD with a low forecast of 80.8 USD and a high forecast of 105 USD.

What is Globus Medical Inc's Revenue forecast?
Projected CAGR
23%

For the last 8 years the compound annual growth rate for Globus Medical Inc's revenue is 14%. The projected CAGR for the next 3 years is 23%.

What is Globus Medical Inc's Operating Income forecast?
Projected CAGR
48%

For the last 8 years the compound annual growth rate for Globus Medical Inc's operating income is 3%. The projected CAGR for the next 3 years is 48%.

What is Globus Medical Inc's Net Income forecast?
Projected CAGR
64%

For the last 8 years the compound annual growth rate for Globus Medical Inc's net income is 1%. The projected CAGR for the next 3 years is 64%.

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