GLOBALFOUNDRIES Inc. with ticker code (GFS) now have 14 confirmed analysts covering the stock with the consensus suggesting a rating of ‘buy’. The range between the high target price and low target price is between 100 and 51 suggesting an average Analsyt target price of $71.64. Now with the previous closing price of $58.25 and the analysts are correct then there would likely be a percentage uptick in value of 23.0%. It’s also worth noting that there is a 50 day moving average of $59.25 while the 200 day moving average is $61.01. The market capitalization for the company is 31.98B. The stock price for the company is currently 57.86 USD
The potential market cap would be $39,328,407,535 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 21.51, revenue per share of 14.36 and a 4.88% 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).
