Analyst Price Target is $80.33
▲ +43.35% Upside Potential
This price target is based on 15 analysts offering 12 month price targets for GLOBALFOUNDRIES in the last 3 months. The average price target is $80.33, with a high forecast of $100.00 and a low forecast of $63.50. The average price target represents a 43.35% upside from the last price of $56.04.
Current Consensus is
The current consensus among 15 polled investment analysts is to buy stock in GLOBALFOUNDRIES.
GLOBALFOUNDRIES Inc. operates as a semiconductor foundry worldwide. It manufactures integrated circuits, which enable various electronic devices that are pervasive. The company manufactures a range of semiconductor devices, including microprocessors, mobile application processors, baseband processors, network processors, radio frequency modems, microcontrollers, power management units, and microelectromechanical systems, as well as offers mainstream wafer fabrication services and technologies. The company was founded in 2009 and is based in Malta, New York.