GlobalFoundries, Inc.

Equities

GFS

KYG393871085

Semiconductor Equipment & Testing

Real-time Estimate Cboe BZX 21:13:55 08/05/2024 BST 5-day change 1st Jan Change
52.68 USD -1.10% Intraday chart for GlobalFoundries, Inc. +11.58% -13.39%

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GlobalFoundries Beats Expectations Despite Softer Smartphone Demand, Morgan Stanley Says MT
Susquehanna Adjusts Price Target on GlobalFoundries to $50 From $48, Maintains Neutral Rating MT
Deutsche Bank Adjusts GlobalFoundries Price Target to $60 From $62, Maintains Buy Rating MT
Morgan Stanley Lifts Price Target on GlobalFoundries to $63 From $62, Keeps Overweight Rating MT
Corporate Earnings Leave Equity Markets Mixed MT
Corporate Earnings Leave Equity Markets Mixed MT
Wedbush Cuts GlobalFoundries' Price Target to $65 From $70, Keeps Outperform Rating MT
Sector Update: Tech Stocks Edge Higher Premarket Tuesday MT
GlobalFoundries forecasts Q2 revenue, profit above estimates on chip market recovery RE
Transcript : GLOBALFOUNDRIES Inc., Q1 2024 Earnings Call, May 07, 2024
FOMO is Back Our Logo
GlobalFoundries Q1 Adjusted Earnings, Revenue Fall; Issues Q2 Guidance MT
(GFS) GLOBALFOUNDRIES Forecasts Q2 Revenue Range $1.59B - $1.64B MT
Earnings Flash (GFS) GLOBALFOUNDRIES Posts Q1 Revenue $1.55B, vs. Street Est of $1.52B MT
GLOBALFOUNDRIES Inc. Provides Earnings Guidance for the Second Quarter of 2024 CI
GLOBALFOUNDRIES Inc. Reports Earnings Results for the First Quarter Ended March 31, 2024 CI
GlobalFoundries Plans to Achieve Net Zero Emissions, Carbon-Neutral Power by 2050 MT
Market sentiment sours Our Logo
Evercore ISI Initiates GlobalFoundries With Outperform Rating MT
ANALYST RECOMMENDATIONS : AMD, Colgate, Fair Isaac, Tyson Foods, AstraZeneca Our Logo
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GlobalFoundries, Inc. specializes in the design, manufacture and marketing of semiconductors for the automotive and consumer electronics industries. Net sales break down by family of products and services as follows: - semiconductor wafers (94.1%): power management integrated circuits, battery management integrated circuits, microprocessors, connectivity, etc.; - semiconductor masks (5.9%). In addition, the group offers engineering and wafer testing services, etc. At the end of 2022, GlobalFoundries, Inc. has 4 production sites in the United States (2), Germany and Singapore. Net sales are distributed geographically as follows: The United States (60.4%), Europe-Middle East-Africa (14.6%) and other (25%).
More about the company
Trading Rating
Investor Rating
ESG Refinitiv
More Ratings
Sell
Consensus
Buy
Mean consensus
OUTPERFORM
Number of Analysts
15
Last Close Price
53.26 USD
Average target price
60.47 USD
Spread / Average Target
+13.53%
Consensus
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  5. Credit Suisse Starts GLOBALFOUNDRIES at Outperform with $75 PT, Notes Multiple Drivers of Upside Potential, Says Strategic Value Higher than Market Value