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: June 17, 2024 (16:49)

Sector: Technology

The share price of GLOBALFOUNDRIES Inc. (GFS) now

Latest session on the 14th of June for
GLOBALFOUNDRIES Inc. is positive
Trading Volume: 1517693
Open: 48.29 /  High: 49.78 /  Low: 48.22
What analysts predict: $61.79
52-week High/Low: $68.57 / $45.52

50/200 Day Moving Average: $49.85 / $53.97

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., %
Jun 19 52.22 51.41 54.05 5.13
Jun 20 51.88 50.11 52.45 4.66
Jun 21 49.28 47.93 50.10 4.52
Jun 22 50.07 48.30 51.65 6.95
Jun 23 51.17 49.49 52.15 5.38
Jun 24 52.27 50.52 53.79 6.47
Jun 25 51.33 50.36 52.80 4.84
Jun 26 51.08 50.52 51.74 2.43
Jun 27 48.80 47.41 49.78 4.99
Jun 28 47.80 47.30 48.52 2.58
Jun 29 47.78 46.73 48.57 3.94
Jun 30 49.38 47.80 50.22 5.06
Jul 01 50.96 49.89 53.00 6.23
Jul 02 52.59 52.04 53.70 3.18
Jul 03 54.43 53.64 55.52 3.50
Jul 04 54.43 53.72 55.57 3.44
Jul 05 55.55 54.19 57.71 6.51
Jul 06 57.58 56.45 58.67 3.93
Jul 07 58.70 56.91 60.72 6.70
Jul 08 56.58 54.60 57.74 5.75
Jul 09 56.16 54.05 58.35 7.95
Jul 10 55.88 54.99 57.03 3.71
Jul 11 55.10 54.41 57.25 5.22
Jul 12 55.87 54.30 57.80 6.43
Jul 13 54.92 52.97 56.65 6.95
Jul 14 53.57 51.51 55.66 8.06
Jul 15 54.75 53.99 56.26 4.21
Jul 16 52.45 50.83 54.13 6.50
Jul 17 49.83 47.94 50.88 6.13
Jul 18 50.35 49.52 51.76 4.52

GLOBALFOUNDRIES Daily Price Targets


GLOBALFOUNDRIES Stock Forecast 06-19-2024.

Forecast target price for 06-19-2024: $52.22.
Positive dynamics for GLOBALFOUNDRIES shares will prevail with possible volatility of 4.879%.
Pessimistic target level: 51.41
Optimistic target level: 54.05

GLOBALFOUNDRIES Stock Forecast 06-20-2024.

Forecast target price for 06-20-2024: $51.88.
Negative dynamics for GLOBALFOUNDRIES shares will prevail with possible volatility of 4.451%.
Pessimistic target level: 50.11
Optimistic target level: 52.45

GLOBALFOUNDRIES Stock Forecast 06-21-2024.

Forecast target price for 06-21-2024: $49.28.
Negative dynamics for GLOBALFOUNDRIES shares will prevail with possible volatility of 4.329%.
Pessimistic target level: 47.93
Optimistic target level: 50.10

GLOBALFOUNDRIES Stock Forecast 06-22-2024.

Forecast target price for 06-22-2024: $50.07.
Positive dynamics for GLOBALFOUNDRIES shares will prevail with possible volatility of 6.495%.
Pessimistic target level: 48.30
Optimistic target level: 51.65

GLOBALFOUNDRIES Stock Forecast 06-23-2024.

Forecast target price for 06-23-2024: $51.17.
Positive dynamics for GLOBALFOUNDRIES shares will prevail with possible volatility of 5.103%.
Pessimistic target level: 49.49
Optimistic target level: 52.15

GLOBALFOUNDRIES Stock Forecast 06-24-2024.

Forecast target price for 06-24-2024: $52.27.
Positive dynamics for GLOBALFOUNDRIES shares will prevail with possible volatility of 6.074%.
Pessimistic target level: 50.52
Optimistic target level: 53.79

GFS (GFS) Monthly Stock Prediction for 2024

Month Target Pes. Opt. Vol., %
Jul. 48.18 44.35 50.13 11.53
Aug. 50.93 48.79 56.89 14.23
Sep. 53.76 47.39 56.26 15.77
Oct. 55.21 48.67 60.01 18.91
Nov. 57.19 54.62 63.54 14.04
Dec. 54.96 53.32 59.66 10.64

GLOBALFOUNDRIES forecast for this year


GLOBALFOUNDRIES Stock Prediction for Jul 2024

An downtrend is forecast for this month with an optimal target price of $48.1829. Pessimistic: $44.35. Optimistic: $50.13


GLOBALFOUNDRIES Stock Prediction for Aug 2024

An uptrend is forecast for this month with an optimal target price of $50.9293. Pessimistic: $48.79. Optimistic: $56.89


GLOBALFOUNDRIES Stock Prediction for Sep 2024

An uptrend is forecast for this month with an optimal target price of $53.7559. Pessimistic: $47.39. Optimistic: $56.26


GLOBALFOUNDRIES Stock Prediction for Oct 2024

An uptrend is forecast for this month with an optimal target price of $55.2073. Pessimistic: $48.67. Optimistic: $60.01


GLOBALFOUNDRIES Stock Prediction for Nov 2024

An uptrend is forecast for this month with an optimal target price of $57.1947. Pessimistic: $54.62. Optimistic: $63.54


GLOBALFOUNDRIES Stock Prediction for Dec 2024

An downtrend is forecast for this month with an optimal target price of $54.9641. Pessimistic: $53.32. Optimistic: $59.66



GLOBALFOUNDRIES (GFS) Monthly Stock Prediction for 2025

Month Target Pes. Opt. Vol., %
Jan 54.80 50.77 61.38 17.28
Feb 51.68 45.94 55.71 17.53
Mar 51.83 47.17 56.81 16.97
Apr 51.75 47.41 54.31 12.72
May 43.99 40.82 46.43 12.08
Jun 44.25 39.81 45.58 12.67
Jul 41.80 37.60 46.06 18.38
Aug 45.12 43.16 46.95 8.07
Sep 51.28 48.05 53.43 10.08
Oct 56.28 54.00 61.43 12.09
Nov 56.87 52.95 61.14 13.40
Dec 64.72 60.54 71.03 14.76

GLOBALFOUNDRIES (GFS) Monthly Stock Prediction for 2026

Month Target Pes. Opt. Vol., %
Jan 72.48 69.11 75.64 8.62
Feb 77.05 73.24 80.98 9.56
Mar 69.42 66.82 76.09 12.18
Apr 65.47 62.91 67.53 6.83
May 64.78 60.41 72.46 16.63
Jun 64.58 61.00 69.72 12.51
Jul 69.04 62.83 72.15 12.92
Aug 75.67 68.29 78.28 12.76
Sep 85.43 76.84 93.38 17.70
Oct 75.95 72.30 84.38 14.31
Nov 71.85 64.19 79.93 19.69
Dec 74.11 67.22 77.67 13.45

GLOBALFOUNDRIES (GFS) Monthly Stock Prediction for 2027

Month Target Pes. Opt. Vol., %
Jan 74.78 72.08 81.95 12.04
Feb 79.94 72.38 83.77 13.60
Mar 77.06 70.35 83.65 15.89
Apr 75.67 73.29 81.80 10.41
May 76.47 68.44 81.40 15.92
Jun 72.11 65.08 78.49 17.09
Jul 82.71 79.48 90.15 11.83
Aug 83.08 74.73 89.31 16.33
Sep 79.59 74.10 82.10 9.74
Oct 83.53 77.14 92.30 16.43
Nov 82.78 77.69 91.59 15.18
Dec 81.78 76.26 90.37 15.61

GLOBALFOUNDRIES (GFS) Monthly Stock Prediction for 2028

Month Target Pes. Opt. Vol., %
Jan 83.13 73.28 91.24 19.68
Feb 91.61 87.22 100.96 13.61
Mar 99.03 94.87 107.95 12.11
Apr 109.14 99.97 120.60 17.10
May 106.52 93.73 110.51 15.18
Jun 108.91 98.95 112.18 11.80
Jul 109.89 103.14 120.61 14.49
Aug 116.49 110.02 122.25 10.00
Sep 122.08 116.77 134.71 13.32
Oct 116.22 104.19 122.49 14.94
Nov 112.73 108.67 118.82 8.54
Dec 112.73 105.63 124.23 14.97

GLOBALFOUNDRIES information and performance

GLOBALFOUNDRIES Address

400 STONEBREAK ROAD EXTENSION, MALTA, NY, US

Market Capitalization: 27 440 310 000 $

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: 30.9

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: 30.9

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: 551564000

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.