# GLOBALFOUNDRIES Inc.  Share Price Target ‘$61.79’, now 21.1% Upside Potential

- Link: https://www.directorstalkinterviews.com/globalfoundries-inc.share-price-target-61.79-now-21.1-upside-potential/4121161868
- Published: 2024-06-24T13:13:29+01:00
- Author: Charlotte Edwards

**GLOBALFOUNDRIES Inc.** which can be found using ticker (GFS) now have 15 market
analysts covering the stock. The analyst consensus now points to a rating of ‘buy’.
The target price High/Low ranges between $77.00 and $50.00 suggesting an average
analyst share price target price of $61.79. (at the time of writing). Given that
the stocks previous close was at $51.01 this is indicating there is a potential 
upside of 21.1%. The day 50 moving average is $49.89 while the 200 day moving average
is $53.88. The company has a market capitalization of 28.20B. The current share 
price for the company is: $51.10 USD

 The potential market cap would be $34,153,711,793 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 31.74, 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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