GlobalFoundries, Inc.

Equities

GFS

KYG393871085

Semiconductor Equipment & Testing

Market Closed - Nasdaq 16:00:00 2024-05-23 EDT 5-day change 1st Jan Change
50.49 USD -8.55% Intraday chart for GlobalFoundries, Inc. -6.81% -16.68%

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Sector Update: Tech Stocks Mixed Premarket Thursday MT
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Stocks in motion: e.l.f Beauty soars along with Nvidia Our Logo
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GlobalFoundries Prices $950 Million Secondary Stock Offering, Agrees $200 Million Repurchase; Shares Drop Premarket MT
GlobalFoundries Prices $950 Million Secondary Stock Offering, Agrees $200 Million Repurchase MT
Abu Dhabi's Mubadala Unit to Sell $950 Million of GlobalFoundries Shares MT
GlobalFoundries Launches $950 Million Secondary Public Stock Offering; Shares Fall After Hours MT
Abu Dhabi's Mubadala Signs AI Collaboration With France MT
Micron Technology Expanding Workforce Development Projects MT
GLOBALFOUNDRIES Inc. Appoints Kay Chai Ang, as President of Asia and Chairman of China CI
Transcript : GLOBALFOUNDRIES Inc. Presents at The 52nd J.P. Morgan Annual Global Technology, Media & Communications Conference, May-20-2024 04:30 PM
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ANALYST RECOMMENDATIONS : Datadog, Globalfoundries, Micron Technology, Dell, Nvidia... Our Logo
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
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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
16
Last Close Price
50.49 USD
Average target price
60.87 USD
Spread / Average Target
+20.55%
Consensus
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  5. Morgan Stanley Upgrades GlobalFoundries to Overweight From Equalweight, Lifts Price Target to $72.50 From $70