GLOBALFOUNDRIES Inc. with ticker code (GFS) now have 15 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 $75.00 and $51.00 with the average target price sitting at $67.40. Given that the stocks previous close was at $54.66 this would indicate that there is a potential upside of 23.3%. Also worth taking note is the 50 day moving average now sits at $56.93 while the 200 day moving average is $57.80. The market capitalization for the company is 30.58B. The stock price is currently at: $55.27 USD
The potential market cap would be $37,701,713,778 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 21.76, 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).
