GLOBALFOUNDRIES Inc. which can be found using ticker (GFS) now have 14 confirmed analysts covering the stock with the consensus suggesting a rating of ‘buy’. The target price High/Low ranges between $75.00 and $51.00 calculating the mean target price we have $67.43. Given that the stocks previous close was at $52.50 and the analysts are correct then we can expect a percentage increase in value of 28.4%. It’s also worth noting that there is a 50 day moving average of $54.42 and the 200 day moving average is $59.46. The company has a market capitalization of 30.62B. The stock price is currently at: $55.35 USD
The potential market cap would be $39,327,182,183 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 21.79, 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).