# GLOBALFOUNDRIES Inc.  Share Price Target ‘$61.43’, now 17.9% Upside Potential

- Link: https://www.directorstalkinterviews.com/globalfoundries-inc.share-price-target-61.43-now-17.9-upside-potential/4121149539
- Published: 2024-04-02T12:21:55+01:00
- Author: Charlotte Edwards

**GLOBALFOUNDRIES Inc.** with ticker code (GFS) have now 14 analysts in total covering
the stock. The consensus rating is pointing to ‘buy’. The target price High/Low 
ranges between $75.00 and $36.00 suggesting an average analyst share price target
price of $61.43. (at the time of writing). Given that the stocks previous close 
was at $52.11 and the analysts are correct then there would likely be a percentage
uptick in value of 17.9%. It’s also worth noting that there is a 50 day moving average
of $54.29 and the 200 day moving average is $56.86. The market capitalization for
the company is 28.65B. The stock price for Apple Inc. is $51.79 USD

 The potential market cap would be $33,774,327,717 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 28.3, revenue per share of $13.39
and a 4.18% 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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