Globus Medical, Inc. (GMED) Social Stream
GLOBUS MEDICAL INC (GMED) Price Targets From Analysts
The tables below show price targets and recommendations from analysts covering GLOBUS MEDICAL INC.
| Date | Number of Analysts | Highest Target Price | Lowest Target Price | Average Target Price | Current Price | Upside Potential |
|---|---|---|---|---|---|---|
| 2021-11-10 | 11 | $100 | $55.001 | $85.636 | $52.93 | 61.79% |
| 2021-11-16 | 11 | $100 | $55 | $85.636 | $52.93 | 61.79% |
| 2021-12-10 | 11 | $100 | $55 | $85.166 | $52.93 | 60.9% |
| 2021-12-13 | 11 | $100 | $80 | $87.25 | $52.93 | 64.84% |
| 2022-01-04 | 11 | $100 | $80 | $87.916 | $52.93 | 66.1% |
| 2022-01-07 | 11 | $100 | $80 | $88.083 | $52.93 | 66.41% |
| 2022-01-25 | 11 | $100 | $72 | $87.416 | $52.93 | 65.15% |
| 2022-02-17 | 11 | $100 | $70 | $86.5 | $52.93 | 63.42% |
| 2022-02-18 | 11 | $100 | $70 | $85.583 | $52.93 | 61.69% |
| 2022-02-22 | 11 | $100 | $70 | $84.916 | $52.93 | 60.43% |
| 2022-04-11 | 12 | $100 | $70 | $84.538 | $52.93 | 59.72% |
| 2022-04-22 | 10 | $100 | $70 | $85.384 | $52.93 | 61.31% |
| 2022-05-10 | 10 | $100 | $65 | $83.846 | $52.93 | 58.41% |
| 2022-05-11 | 10 | $100 | $65 | $82.923 | $52.93 | 56.67% |
| 2022-05-27 | 10 | $100 | $65 | $81 | $52.93 | 53.03% |
| 2022-06-02 | 10 | $100 | $65 | $80.384 | $52.93 | 51.87% |
| 2022-07-20 | 9 | $100 | $62 | $77.833 | $52.93 | 47.05% |
| 2022-08-05 | 9 | $100 | $62 | $74.9 | $52.93 | 41.51% |
| 2022-09-17 | 9 | $100 | $62 | $73.4 | $52.93 | 38.67% |
| 2022-10-17 | 10 | $100 | $65 | $73.909 | $52.93 | 39.64% |
| 2022-10-19 | 11 | $100 | $65 | $73.909 | $52.93 | 39.64% |
| 2022-10-30 | 10 | $80 | $65 | $71.091 | $52.93 | 34.31% |
| 2022-11-09 | 10 | $80 | $65 | $71.363 | $52.93 | 34.83% |
| 2022-11-18 | 10 | $80 | $65 | $71.545 | $52.93 | 35.17% |
| 2022-12-12 | 9 | $82 | $65 | $71.9 | $52.93 | 35.84% |
| 2022-12-20 | 9 | $85 | $65 | $73 | $52.93 | 37.92% |
| 2023-01-03 | 9 | $85 | $65 | $74.3 | $52.93 | 40.37% |
| 2023-01-04 | 9 | $85 | $65 | $75.6 | $52.93 | 42.83% |
| 2023-02-08 | 9 | $85 | $65 | $76.6 | $52.93 | 44.72% |
| 2023-02-09 | 8 | $85 | $65 | $76.6 | $52.93 | 44.72% |
| 2023-02-10 | 9 | $83 | $65 | $75.1 | $52.93 | 41.89% |
| 2023-02-14 | 9 | $82 | $63 | $73.1 | $52.93 | 38.11% |
| 2023-02-15 | 12 | $82 | $63 | $71.909 | $52.93 | 35.86% |
| 2023-02-22 | 13 | $82 | $63 | $70.181 | $52.93 | 32.59% |
| 2023-05-05 | 13 | $75 | $61 | $66.727 | $52.93 | 26.07% |
| 2023-05-19 | 13 | $75 | $61 | $66.727 | $52.93 | 26.07% |
The Trend in the Analyst Price Target
GMED's average price target has moved down $7.18 over the prior 31 weeks.
GMED reports an average of 14.2% for its upside potential over the past 50 weeks.
| Date | Number of Analysts | Highest Target Price | Lowest Target Price | Average Target Price | Share Price | Upside Potential |
|---|---|---|---|---|---|---|
| 2022-08-13 | 9 | 100 | 62 | 73.400 | 66.67 | 10.09% |
| 2022-11-09 | 10 | 80 | 65 | 71.545 | 61.59 | 16.16% |
| 2022-11-18 | 9 | 75 | 65 | 70.700 | 68.97 | 2.51% |
| 2023-04-16 | 13 | 75 | 61 | 66.727 | 57.54 | 15.97% |
| 2023-05-05 | 13 | 75 | 61 | 66.545 | 58.45 | 13.85% |
GMED Broker Recommendations Summary
| Average Broker Rating | Strong Buy | Buy | Hold | Sell | Strong Sell | Analysts Issuing Recs |
|---|---|---|---|---|---|---|
| 2.62 | 3 | 0 | 9 | 0 | 0 | 13 |
The Trend in the Broker Recommendations
Over the past 13 months, GMED's average broker recommendation rating worsened by 0.95.
The points below can provide you with additional insight regarding what the price target and recommendations metrics in the table above mean for investors.
- In terms of how GLOBUS MEDICAL INC fares relative to stocks in the mid market cap category, note that its average analyst price target is higher than 3286.44% of that group.
- In terms of how GLOBUS MEDICAL INC fares relative to stocks in the mid market cap category, note that its number of analysts covering the stock is greater than 3256.59% of that group.
- In terms of how GLOBUS MEDICAL INC fares relative to Healthcare stocks, note that its variance in analysts' estimates is lower than -1017.58% of that group.
- In terms of how GLOBUS MEDICAL INC fares relative to Healthcare stocks, note that its upside potential (average analyst target price relative to current price) is greater than 1489.3% of that group.
Stocks similar to GLOBUS MEDICAL INC in the Medical Equipment industry regarding analyst recommendations and price targets are NUVA, INO, and IART.
View All Top Stocks by Price Target
Is GMED a Buy, Hold or Sell? See the POWR Ratings now!