GLOBALFOUNDRIES Inc. – Consensus ‘buy’ rating and 41.0% Upside Potential

Broker Ratings
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GLOBALFOUNDRIES Inc. with ticker code (GFS) have now 14 confirmed analysts covering the stock with the consensus suggesting a rating of ‘buy’. The target price High/Low ranges between $100.00 and $51.00 and has a mean target at $71.64. Given that the stocks previous close was at $50.81 this would imply there is now a potential upside of 41.0%. The 50 day MA is $55.61 and the 200 day MA is $60.37. The market cap for the company is 28.75B. The stock price for Apple Inc. is $51.97 USD

The potential market cap would be $40,535,962,531 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 20.46, 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).

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