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 | $53.25 | 60.82% |
| 2021-11-16 | 11 | $100 | $55 | $85.636 | $53.25 | 60.82% |
| 2021-12-10 | 11 | $100 | $55 | $85.166 | $53.25 | 59.94% |
| 2021-12-13 | 11 | $100 | $80 | $87.25 | $53.25 | 63.85% |
| 2022-01-04 | 11 | $100 | $80 | $87.916 | $53.25 | 65.1% |
| 2022-01-07 | 11 | $100 | $80 | $88.083 | $53.25 | 65.41% |
| 2022-01-25 | 11 | $100 | $72 | $87.416 | $53.25 | 64.16% |
| 2022-02-17 | 11 | $100 | $70 | $86.5 | $53.25 | 62.44% |
| 2022-02-18 | 11 | $100 | $70 | $85.583 | $53.25 | 60.72% |
| 2022-02-22 | 11 | $100 | $70 | $84.916 | $53.25 | 59.47% |
| 2022-04-11 | 12 | $100 | $70 | $84.538 | $53.25 | 58.76% |
| 2022-04-22 | 10 | $100 | $70 | $85.384 | $53.25 | 60.35% |
| 2022-05-10 | 10 | $100 | $65 | $83.846 | $53.25 | 57.46% |
| 2022-05-11 | 10 | $100 | $65 | $82.923 | $53.25 | 55.72% |
| 2022-05-27 | 10 | $100 | $65 | $81 | $53.25 | 52.11% |
| 2022-06-02 | 10 | $100 | $65 | $80.384 | $53.25 | 50.96% |
| 2022-07-20 | 9 | $100 | $62 | $77.833 | $53.25 | 46.17% |
| 2022-08-05 | 9 | $100 | $62 | $74.9 | $53.25 | 40.66% |
| 2022-09-17 | 9 | $100 | $62 | $73.4 | $53.25 | 37.84% |
| 2022-10-17 | 10 | $100 | $65 | $73.909 | $53.25 | 38.8% |
| 2022-10-19 | 11 | $100 | $65 | $73.909 | $53.25 | 38.8% |
| 2022-10-30 | 10 | $80 | $65 | $71.091 | $53.25 | 33.5% |
| 2022-11-09 | 10 | $80 | $65 | $71.363 | $53.25 | 34.02% |
| 2022-11-18 | 10 | $80 | $65 | $71.545 | $53.25 | 34.36% |
| 2022-12-12 | 9 | $82 | $65 | $71.9 | $53.25 | 35.02% |
| 2022-12-20 | 9 | $85 | $65 | $73 | $53.25 | 37.09% |
| 2023-01-03 | 9 | $85 | $65 | $74.3 | $53.25 | 39.53% |
| 2023-01-04 | 9 | $85 | $65 | $75.6 | $53.25 | 41.97% |
| 2023-02-08 | 9 | $85 | $65 | $76.6 | $53.25 | 43.85% |
| 2023-02-09 | 8 | $85 | $65 | $76.6 | $53.25 | 43.85% |
| 2023-02-10 | 9 | $83 | $65 | $75.1 | $53.25 | 41.03% |
| 2023-02-14 | 9 | $82 | $63 | $73.1 | $53.25 | 37.28% |
| 2023-02-15 | 12 | $82 | $63 | $71.909 | $53.25 | 35.04% |
| 2023-02-22 | 13 | $82 | $63 | $70.181 | $53.25 | 31.8% |
The Trend in the Analyst Price Target
Over the past 12 months, GMED's average price target has gone down $16.32.
GMED reports an average of 15.09% for its upside potential over the past 47 weeks.
| Date | Number of Analysts | Highest Target Price | Lowest Target Price | Average Target Price | Share Price | Upside Potential |
|---|---|---|---|---|---|---|
| 2022-04-13 | 12 | 100 | 70 | 85.384 | 76.96 | 10.95% |
| 2022-08-13 | 9 | 100 | 62 | 73.400 | 66.67 | 10.09% |
| 2022-10-19 | 11 | 100 | 65 | 73.909 | 63.34 | 16.69% |
| 2023-02-09 | 8 | 85 | 65 | 76.600 | 62.97 | 21.65% |
| 2023-02-22 | 13 | 82 | 63 | 70.181 | 59.43 | 18.09% |
GMED Broker Recommendations Summary
| Average Broker Rating | Strong Buy | Buy | Hold | Sell | Strong Sell | Analysts Issuing Recs |
|---|---|---|---|---|---|---|
| 2.77 | 2 | 0 | 10 | 0 | 0 | 13 |
The Trend in the Broker Recommendations
GMED's average broker recommendation rating worsened by 0.66 over the prior 123 days.
The bullet points below may help you gain a better understanding of what the metrics in the price target and recommendations tables above mean for GMED as an investment opportunity.
- GLOBUS MEDICAL INC's average analyst price target is higher than 3135.57% of stocks in the mid market cap category.
- GLOBUS MEDICAL INC's number of analysts covering the stock is greater than 3127.4% of stocks in the mid market cap category.
- In the context of Healthcare stocks, GLOBUS MEDICAL INC's variance in analysts' estimates is lower than -1002.79% of them.
- 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 1296.31% of that group.
In the Medical Equipment industry, NUVA, INO, and IART are the three stocks most similar to GLOBUS MEDICAL INC regarding the price target and analyst recommendation information presented here.
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