A guitar stand includes a top member, two front legs and a rear leg pivotally connected to the top member and biasable between an extended position and a received position, two bearing bars respectively pivotally connected to the front legs and adapted for supporting a guitar, and a foot assembly mounted at the bottom end of each front leg to enhance positioning stability. The foot assembly includes a front foot member affixed to the bottom end of the respective front leg, and a stop bar coupled to and movable in and out of the front foot member and turnable outwardly forwards for stopping at the bottom end of the front foot member at a predetermined angle to enhance positioning stability after having been moved out of the front foot member.