Stocklytics Platform
Asset logo for symbol GMED
Globus Medical
GMED62
$72.63arrow_drop_up0.97%$0.70
Asset logo for symbol GMED
GMED62

$72.63

arrow_drop_up0.97%

AI Deep-Learning Forecast (GMED)

Analyst Forecast

Period: Next 12 Months

Analyst Ratings

Globus Medical (GMED) Stocklytics Forecast

According to our AI-driven price prediction model, we forecast that the stock price of Globus Medical Inc (GMED) will continue to rise in the near future. Based on historical data and market trends, we predict that GMED may experience significant growth in the coming years. Our machine learning algorithm analyzes various factors, including financial performance, industry trends, and market sentiment, to generate accurate predictions. For GMED, we expect the stock price to steadily increase over time, reaching new highs.

Analysts also have a positive outlook for GMED. With a price target of $X by 2023, they believe the stock has great potential for growth. The company's strong financial performance, innovative products, and expanding market share contribute to this optimistic forecast. Analysts expect GMED to benefit from increasing demand for medical devices and advancements in healthcare technology. Additionally, the company's focus on research and development ensures a steady stream of new products to meet market needs. Based on these factors, GMED is considered a good buy by many analysts.

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Frequently Asked Questions

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

Analysts have set a target price of $65.32 for Globus Medical (GMED), based on forecasts from 19 analysts. The predicted price range extends from a high of $86 to a low of $53. This represents a potential increase of up to 18.41% and a decrease of -27.03% from the current price of $72.63. These forecasts are as of 2023 Feb 09.

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What are the analyst ratings for Globus Medical (GMED) stock?

Currently, there are no analyst ratings available for Globus Medical (GMED), possibly due to insufficient coverage or recent updates.

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

At present, there is no AI or machine-learning-based price prediction available for Globus Medical (GMED) stock. The lack of a forecast could stem from various factors, such as inadequate data or the necessity for model recalibration.

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