GLOBALFOUNDRIES Inc. which can be found using ticker (GFS) now have 16 confirmed analysts covering the stock with the consensus suggesting a rating of ‘buy’. The target price High/Low ranges between 100 and 51 calculating the mean target price we have $73.38. Given that the stocks previous close was at $59.66 this would imply there is now a potential upside of 23.0%. It’s also worth noting that there is a 50 day moving average of $61.81 and the 200 day MA is $61.60. The market capitalization for the company is 32.45B. The current share price for the company is: 58.77 USD
The potential market cap would be $39,909,884,684 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 21.14, revenue per share of 14.74 and a 4.93% 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).