# GlobalFoundries Inc.  Share Price Target ‘$61.79’, now 21.8% Upside Potential

- Link: https://www.directorstalkinterviews.com/globalfoundries-inc.share-price-target-61.79-now-21.8-upside-potential/4121164252
- Published: 2024-07-08T12:23:33+01:00
- Author: Charlotte Edwards

**GlobalFoundries Inc.** which can be found using ticker (GFS) have now 15 confirmed
analysts covering the stock with the consensus suggesting a rating of ‘buy’. The
range between the high target price and low target price is between $77.00 and $
50.00 calculating the average target share price we see $61.79. (at the time of 
writing). Now with the previous closing price of $50.74 this now indicates there
is a potential upside of 21.8%. The 50 day moving average now sits at $50.48 while
the 200 day moving average is $53.54. The company has a market cap of 29.32B. The
stock price for Apple Inc. is $53.14 USD

 The potential market cap would be $35,706,183,320 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 33.01, 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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