GLOBALFOUNDRIES Inc. which can be found using ticker (GFS) have now 15 market analysts covering the stock. The analyst consensus now points to a rating of ‘buy’. The range between the high target price and low target price is between $77.00 and $50.00 and has a mean target at $61.79. Given that the stocks previous close was at $47.93 this now indicates there is a potential upside of 28.9%. Also worth taking note is the 50 day moving average now sits at $50.03 and the 200 day MA is $54.05. The company has a market capitalization of 26.29B. The stock price for the company is currently $47.67 USD
The potential market cap would be $33,896,263,272 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 29.61, revenue per share of $12.83 and a 3.63% 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).
