# GLOBALFOUNDRIES Inc.  Share Price Target ‘$62.14’, now 27.3% Upside Potential

- Link: https://www.directorstalkinterviews.com/globalfoundries-inc.share-price-target-62.14-now-27.3-upside-potential/4121154266
- Published: 2024-05-01T13:58:02+01:00
- Author: Charlotte Edwards

**GLOBALFOUNDRIES Inc.** which can be found using ticker (GFS) now have 14 analysts
in total covering the stock. The consensus rating is pointing to ‘buy’. The range
between the high target price and low target price is between $75.00 and $48.00 
with the average share target price sitting at $62.14. (at the time of writing).
Given that the stocks previous close was at $48.80 this indicates there is a potential
upside of 27.3%. Also worth taking note is the 50 day moving average now sits at
$51.22 while the 200 day moving average is $55.33. The total market capitalization
for the company now stands at 27.06B. The stock price is currently at: $48.88 USD

 The potential market cap would be $34,453,864,872 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 26.71, 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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