# GlobalFoundries Inc. – Consensus ‘buy’ rating and 16.7% Upside Potential

- Link: https://www.directorstalkinterviews.com/globalfoundries-inc.consensus-buy-rating-and-16.7-upside-potential/4121165037
- Published: 2024-07-15T12:46:26+01:00
- Author: Charlotte Edwards

**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 calculating the mean target price we have $61.79. Given that the stocks previous
close was at $52.94 this indicates there is a potential upside of 16.7%. The 50 
day MA is $51.05 and the 200 day MA is $53.46. The market capitalization for the
company is 30.06B. The current share price for the company is: $54.48 USD

 The potential market cap would be $35,085,324,832 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 33.84, 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).

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