GLOBALFOUNDRIES (GFS) Stock Forecast for 2024–2028. Sell or Buy Prediction







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GLOBALFOUNDRIES (GFS) Stock Forecast for 2024–2028. Sell or Buy?

Updated: May 29, 2024 (05:34)

Sector: Technology

The share price of GLOBALFOUNDRIES Inc. (GFS) now

Latest session on the 28th of May for
GLOBALFOUNDRIES Inc. is negative
Trading Volume: 2922987
Open: 50.75 /  High: 51.115 /  Low: 49.9
What analysts predict: $62.63
52-week High/Low: $68.57 / $45.52

50/200 Day Moving Average: $50.66 / $54.41

This figure corresponds to the Average Price over the previous 50/200 days. For GLOBALFOUNDRIES stocks, the 50-day moving average is the resistance level today.

For GLOBALFOUNDRIES stocks, the 200-day moving average is the resistance level today.

Are you interested in GLOBALFOUNDRIES Inc. stocks and want to buy them, or are they already in your portfolio? If yes, then on this page you will find useful information about the dynamics of the GLOBALFOUNDRIES stock price in 2024, 2025, 2026, 2027, 2028. How much will one GLOBALFOUNDRIES share be worth in 2024 - 2028?

When should I take profit in GLOBALFOUNDRIES stock? When should I record a loss on GLOBALFOUNDRIES stock? What are analysts' forecasts for GLOBALFOUNDRIES stock? What is the future of GLOBALFOUNDRIES stock? We forecast GLOBALFOUNDRIES stock performance using neural networks based on historical data on GLOBALFOUNDRIES stocks. Also, when forecasting, technical analysis tools are used, world geopolitical and news factors are taken into account.

GLOBALFOUNDRIES stock prediction results are shown below and presented in the form of graphs, tables and text information, divided into time intervals. (Next month, 2024, 2025, 2026, 2027 and 2028) The final quotes of the instrument at the close of the previous trading day are a signal to adjust the forecasts for GLOBALFOUNDRIES shares. This happens once a day.


Historical and forecast chart of GLOBALFOUNDRIES stock

The chart below shows the historical price of GLOBALFOUNDRIES stock and a prediction chart for the next month. For convenience, prices are divided by color. Forecast prices include: Optimistic Forecast, Pessimistic Forecast, and Weighted Average Best Forecast. Detailed values for the GLOBALFOUNDRIES stock price can be found in the table below.

Long-term forecasts by years.

GlobalFoundries Inc. Is an American company headquartered in Milpitas, California, engaged in the production of semiconductor integrated circuits. GlobalFoundries was formed on March 2, 2009 from AMD‘s manufacturing division, then expanded through a merger on January 13, 2010 with Singapore-based Chartered Semiconductor Manufacturing.

In March 2012, GlobalFoundries announced that it had reached an agreement with AMD to acquire the remaining 8.8% stake in the company from the developer. Upon completion of the transaction, GlobalFoundries will be wholly owned by Advanced Technology Investment Company (ATIC), the investment group of the government of Abu Dhabi. Nevertheless, AMD remains one of the main strategic partners of the company.

According to TrendForce, as of the end of 2017, GlobalFoundries is the second largest contract manufacturer of semiconductor chips with a market share of 9.4%. TSMC is in first place (55.9%), in third – United Microelectronics Corporation (8.5%).

GLOBALFOUNDRIES daily forecast for a month

Date Target Pes. Opt. Vol., %
May 31 51.15 50.46 51.87 2.79
Jun 01 51.05 50.08 52.30 4.43
Jun 02 49.06 48.49 50.68 4.50
Jun 03 47.54 46.63 48.42 3.82
Jun 04 49.27 48.48 49.99 3.10
Jun 05 49.32 48.41 50.38 4.08
Jun 06 48.38 46.47 49.67 6.87
Jun 07 48.41 47.25 50.05 5.94
Jun 08 48.17 46.55 48.91 5.07
Jun 09 47.71 46.85 49.21 5.04
Jun 10 47.83 46.06 49.60 7.68
Jun 11 50.10 48.90 50.83 3.94
Jun 12 52.58 51.95 53.60 3.19
Jun 13 51.40 49.57 53.17 7.26
Jun 14 50.29 48.35 51.12 5.72
Jun 15 49.69 47.70 50.78 6.46
Jun 16 48.94 47.42 50.63 6.76
Jun 17 48.99 48.04 49.80 3.67
Jun 18 48.28 46.52 48.84 4.98
Jun 19 48.88 47.49 49.42 4.07
Jun 20 48.05 46.85 49.23 5.08
Jun 21 48.87 47.70 50.39 5.64
Jun 22 50.17 48.81 51.54 5.60
Jun 23 49.79 48.97 50.61 3.36
Jun 24 49.49 48.70 50.36 3.40
Jun 25 48.45 47.02 48.96 4.12
Jun 26 47.48 46.67 48.12 3.10
Jun 27 46.39 45.11 47.74 5.81
Jun 28 45.09 44.35 46.60 5.08
Jun 29 43.81 42.29 45.34 7.20

GLOBALFOUNDRIES Daily Price Targets


GLOBALFOUNDRIES Stock Forecast 05-31-2024.

Forecast target price for 05-31-2024: $51.15.
Positive dynamics for GLOBALFOUNDRIES shares will prevail with possible volatility of 2.712%.
Pessimistic target level: 50.46
Optimistic target level: 51.87

GLOBALFOUNDRIES Stock Forecast 06-01-2024.

Forecast target price for 06-01-2024: $51.05.
Negative dynamics for GLOBALFOUNDRIES shares will prevail with possible volatility of 4.246%.
Pessimistic target level: 50.08
Optimistic target level: 52.30

GLOBALFOUNDRIES Stock Forecast 06-02-2024.

Forecast target price for 06-02-2024: $49.06.
Negative dynamics for GLOBALFOUNDRIES shares will prevail with possible volatility of 4.308%.
Pessimistic target level: 48.49
Optimistic target level: 50.68

GLOBALFOUNDRIES Stock Forecast 06-03-2024.

Forecast target price for 06-03-2024: $47.54.
Negative dynamics for GLOBALFOUNDRIES shares will prevail with possible volatility of 3.682%.
Pessimistic target level: 46.63
Optimistic target level: 48.42

GLOBALFOUNDRIES Stock Forecast 06-04-2024.

Forecast target price for 06-04-2024: $49.27.
Positive dynamics for GLOBALFOUNDRIES shares will prevail with possible volatility of 3.006%.
Pessimistic target level: 48.48
Optimistic target level: 49.99

GLOBALFOUNDRIES Stock Forecast 06-05-2024.

Forecast target price for 06-05-2024: $49.32.
Positive dynamics for GLOBALFOUNDRIES shares will prevail with possible volatility of 3.916%.
Pessimistic target level: 48.41
Optimistic target level: 50.38

GFS (GFS) Monthly Stock Prediction for 2024

Month Target Pes. Opt. Vol., %
Jun. 48.59 44.73 54.06 17.26
Jul. 45.31 43.14 48.92 11.81
Aug. 45.11 41.12 50.32 18.29
Sep. 39.83 38.52 41.45 7.06
Oct. 37.98 34.85 42.20 17.42
Nov. 36.90 35.51 40.83 13.01
Dec. 34.30 31.78 35.33 10.05

GLOBALFOUNDRIES forecast for this year


GLOBALFOUNDRIES Stock Prediction for Jun 2024

An downtrend is forecast for this month with an optimal target price of $48.5944. Pessimistic: $44.73. Optimistic: $54.06


GLOBALFOUNDRIES Stock Prediction for Jul 2024

An downtrend is forecast for this month with an optimal target price of $45.3143. Pessimistic: $43.14. Optimistic: $48.92


GLOBALFOUNDRIES Stock Prediction for Aug 2024

An downtrend is forecast for this month with an optimal target price of $45.1104. Pessimistic: $41.12. Optimistic: $50.32


GLOBALFOUNDRIES Stock Prediction for Sep 2024

An downtrend is forecast for this month with an optimal target price of $39.8325. Pessimistic: $38.52. Optimistic: $41.45


GLOBALFOUNDRIES Stock Prediction for Oct 2024

An downtrend is forecast for this month with an optimal target price of $37.9803. Pessimistic: $34.85. Optimistic: $42.20


GLOBALFOUNDRIES Stock Prediction for Nov 2024

An downtrend is forecast for this month with an optimal target price of $36.8978. Pessimistic: $35.51. Optimistic: $40.83


GLOBALFOUNDRIES Stock Prediction for Dec 2024

An downtrend is forecast for this month with an optimal target price of $34.2965. Pessimistic: $31.78. Optimistic: $35.33



GLOBALFOUNDRIES (GFS) Monthly Stock Prediction for 2025

Month Target Pes. Opt. Vol., %
Jan 33.63 30.15 35.09 14.09
Mar 33.12 31.83 34.61 8.04
Mar 32.53 29.06 33.80 14.00
Apr 28.72 27.13 31.00 12.51
May 26.09 24.57 27.15 9.51
Jun 25.11 23.53 27.71 15.09
Jul 27.45 26.54 29.06 8.64
Aug 27.86 25.19 29.87 15.67
Sep 26.27 25.29 29.43 14.06
Oct 26.23 24.50 27.69 11.51
Nov 28.99 27.73 30.99 10.52
Dec 28.47 25.56 29.49 13.32

GLOBALFOUNDRIES (GFS) Monthly Stock Prediction for 2026

Month Target Pes. Opt. Vol., %
Jan 24.62 23.11 25.81 10.45
Mar 25.51 22.72 28.27 19.63
Mar 25.13 24.15 26.45 8.69
Apr 26.00 24.16 26.93 10.28
May 25.92 23.62 28.21 16.26
Jun 26.85 24.39 29.31 16.77
Jul 28.66 25.40 29.87 14.97
Aug 28.10 26.50 30.04 11.79
Sep 26.38 23.49 28.59 17.85
Oct 25.78 22.84 28.37 19.49
Nov 27.44 24.85 29.01 14.33
Dec 28.97 25.58 31.14 17.86

GLOBALFOUNDRIES (GFS) Monthly Stock Prediction for 2027

Month Target Pes. Opt. Vol., %
Jan 30.23 26.65 32.95 19.13
Mar 33.04 31.30 36.66 14.60
Mar 32.49 31.03 34.40 9.78
Apr 31.91 30.33 33.78 10.20
May 35.31 34.09 38.91 12.39
Jun 34.14 31.22 38.03 17.91
Jul 33.63 29.85 34.99 14.70
Aug 37.11 34.88 39.84 12.44
Sep 35.72 32.40 39.31 17.58
Oct 31.27 29.40 33.71 12.80
Nov 33.10 29.97 34.54 13.22
Dec 33.75 31.98 37.54 14.83

GLOBALFOUNDRIES (GFS) Monthly Stock Prediction for 2028

Month Target Pes. Opt. Vol., %
Jan 31.32 28.03 33.10 15.33
Feb 30.75 29.65 32.00 7.35
Mar 31.12 27.57 34.20 19.38
Apr 34.48 33.40 38.16 12.47
May 36.09 34.19 38.96 12.23
Jun 37.87 34.18 40.32 15.22
Jul 39.01 36.44 41.58 12.38
Aug 39.77 37.21 42.16 11.75
Sep 39.77 36.31 43.47 16.47
Oct 39.71 36.55 42.63 14.25
Nov 35.90 34.34 38.54 10.90
Dec 34.55 32.43 37.09 12.58

GLOBALFOUNDRIES information and performance

GLOBALFOUNDRIES Address

400 STONEBREAK ROAD EXTENSION, MALTA, NY, US

Market Capitalization: 28 191 879 000 $

Market capitalization of the GLOBALFOUNDRIES Inc. is the total market value of all issued shares of a company. It is calculated by the formula multiplying the number of GFS shares in the company outstanding by the market price of one share.

EBITDA: 2 488 000 000 $

EBITDA of GLOBALFOUNDRIES is earnings before interest, income tax and depreciation of assets.

PE Ratio: 31.52

P/E ratio (price to earnings) - shows the ratio between the price of a share and the company's profit

PEG Ratio: 1.486

Price/earnings to growth

DPS: None

Dividend Per Share is a financial indicator equal to the ratio of the company's net profit available for distribution to the annual average of ordinary shares.

DY: None

Dividend yield is a ratio that shows how much a company pays in dividends each year at the stock price.

EPS: 1.61

EPS shows how much of the net profit is accounted for by the common share.

Quarterly Earnings Growth YOY: -0.479
Quarterly Revenue Growth YOY: -0.159
Trailing PE: 31.52

Trailing P/E depends on what has already been done. It uses the current share price and divides it by the total earnings per share for the last 12 months.

Forward PE: 28.49

Forward P/E uses projections of future earnings instead of final numbers.

EV To Revenue: 3.556

Enterprise Value (EV) /Revenue

EV To EBITDA: 9.92

The EV / EBITDA ratio shows the ratio of the cost (EV) to its profit before tax, interest and amortization (EBITDA).

Shares Outstanding: 555505000

Number of issued ordinary shares

Shares Float: N/A

Number of freely tradable shares

Shares Short Prior Month: N/A

Shares Short Prior Month - the number of shares in short positions in the last month.

Short Ratio: N/A
Percent Insiders: N/A
Percent Institutions: N/A



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Disclaimer:

All forecast data on the site are provided for informational purposes of using neural forecasting tools in the financial market and are not a call to action and, moreover, are not trading signals. When using the forecast data, the investor assumes all financial risks. The pandaforecast.com portal is not responsible for the loss of your money in the stock market as a result of using the information contained on the site.