# GLOBALFOUNDRIES Inc. – Consensus ‘buy’ rating and 35.9% Upside Potential

- Link: https://www.directorstalkinterviews.com/globalfoundries-inc.consensus-buy-rating-and-35.9-upside-potential/4121126274
- Published: 2023-08-30T13:29:00+01:00
- Author: Charlotte Edwards

**GLOBALFOUNDRIES Inc.** with ticker code (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 100 and 51 and has a mean 
target at $71.67. Now with the previous closing price of $52.74 this now indicates
there is a potential upside of 35.9%. It’s also worth noting that there is a 50 
day moving average of $60.51 and the 200 day MA is $61.56. The company has a market
cap of 30.14B. The current share price for the company is: 54.53 USD

 The potential market cap would be $40,954,444,947 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 21.05, revenue per share of 14.36
and a 4.88% 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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