GLOBALFOUNDRIES Inc. with ticker code (GFS) now have 14 market analysts covering the stock. The analyst consensus now points to a rating of ‘buy’. The target price High/Low ranges between $75.00 and $51.00 and has a mean target at $67.43. Given that the stocks previous close was at $55.37 this is indicating there is a potential upside of 21.8%. Also worth taking note is the 50 day moving average now sits at $55.22 and the 200 moving average now moves to $60.08. The market cap for the company is 30.28B. The current share price for the company is: $54.74 USD
The potential market cap would be $36,877,783,659 based on the market consensus.
The company is not paying dividends at this time.
Other points of data to note are a P/E ratio of 21.55, revenue per share of $13.88 and a 4.45% return on assets.
GlobalFoundries Inc. is a provider of semiconductor manufacturing services. The Company is specialized in manufacturing processes, a library consisting of intellectual property (IP) titles and differentiated transistor and device technology. The Company manufactures a range of semiconductor devices, including microprocessors, mobile application processors, baseband processors, network processors, radio frequency modems, microcontrollers, and power management units. The Company serves a range of customers, including the global leaders in Integrated circuit (IC) design, and provide optimized solutions for the function, performance and power requirements of critical applications. Its technology portfolio includes a range of differentiated technology platforms, including radio frequency (RF) Silicon-on-Insulator (SOI) solutions, Fin Field-Effect Transistor (FinFET), Metal-Oxide Semiconductor (CMOS), Fully-Depleted SOI (FDX), Silicon Germanium (SiGe) products and Silicon Photonics (SiPh).
