GLOBALFOUNDRIES (GFS) Stock Forecast for 2023 – 2026. Sell or Buy Prediction

GLOBALFOUNDRIES (GFS) Stock Forecast for 2023 – 2026. Sell or Buy?

Updated: December 5, 2023 (10:55)

Sector: Technology

The share price of GLOBALFOUNDRIES Inc. (GFS) now

Latest session on the 5th of December for
GLOBALFOUNDRIES Inc. is negative
Trading Volume: 1341019
Open: 51.95 /  High: 52.19 /  Low: 51.19
What analysts predict: $67.43
52-week High/Low: $72.5 / $48.12

50/200 Day Moving Average: $54.94 / $59.8

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., %
Dec 07 55.97 54.46 57.57 5.70
Dec 08 55.16 53.37 56.57 5.99
Dec 09 52.43 50.39 54.13 7.44
Dec 10 52.98 51.66 54.04 4.62
Dec 11 53.72 53.16 55.50 4.40
Dec 12 53.67 52.94 55.06 4.00
Dec 13 54.77 52.77 55.95 6.02
Dec 14 53.65 52.63 55.76 5.96
Dec 15 55.93 53.88 58.08 7.78
Dec 16 55.62 54.20 57.20 5.54
Dec 17 53.95 52.68 56.00 6.30
Dec 18 55.11 52.93 56.87 7.44
Dec 19 56.35 55.70 56.91 2.18
Dec 20 57.76 56.86 59.92 5.38
Dec 21 58.51 56.46 59.59 5.54
Dec 22 60.88 59.90 61.55 2.74
Dec 23 59.97 58.29 61.43 5.40
Dec 24 62.75 60.97 63.98 4.94
Dec 25 62.94 60.77 65.05 7.04
Dec 26 63.57 62.75 64.75 3.19
Dec 27 62.14 61.49 64.32 4.60
Dec 28 61.30 60.14 63.51 5.61
Dec 29 60.14 59.00 61.85 4.84
Dec 30 59.72 58.07 61.27 5.50
Dec 31 60.79 59.88 61.76 3.15
Jan 01 60.55 59.16 62.06 4.91
Jan 02 57.58 56.49 59.08 4.59
Jan 03 57.73 55.99 59.40 6.08
Jan 04 57.21 55.38 58.95 6.46
Jan 05 56.61 54.91 57.74 5.15

GLOBALFOUNDRIES Daily Price Targets


GLOBALFOUNDRIES Stock Forecast 12-07-2023.

Forecast target price for 12-07-2023: $55.97.
Positive dynamics for GLOBALFOUNDRIES shares will prevail with possible volatility of 5.396%.
Pessimistic target level: 54.46
Optimistic target level: 57.57

GLOBALFOUNDRIES Stock Forecast 12-08-2023.

Forecast target price for 12-08-2023: $55.16.
Negative dynamics for GLOBALFOUNDRIES shares will prevail with possible volatility of 5.656%.
Pessimistic target level: 53.37
Optimistic target level: 56.57

GLOBALFOUNDRIES Stock Forecast 12-09-2023.

Forecast target price for 12-09-2023: $52.43.
Negative dynamics for GLOBALFOUNDRIES shares will prevail with possible volatility of 6.925%.
Pessimistic target level: 50.39
Optimistic target level: 54.13

GLOBALFOUNDRIES Stock Forecast 12-10-2023.

Forecast target price for 12-10-2023: $52.98.
Positive dynamics for GLOBALFOUNDRIES shares will prevail with possible volatility of 4.412%.
Pessimistic target level: 51.66
Optimistic target level: 54.04

GLOBALFOUNDRIES Stock Forecast 12-11-2023.

Forecast target price for 12-11-2023: $53.72.
Positive dynamics for GLOBALFOUNDRIES shares will prevail with possible volatility of 4.211%.
Pessimistic target level: 53.16
Optimistic target level: 55.50

GLOBALFOUNDRIES Stock Forecast 12-12-2023.

Forecast target price for 12-12-2023: $53.67.
Negative dynamics for GLOBALFOUNDRIES shares will prevail with possible volatility of 3.850%.
Pessimistic target level: 52.94
Optimistic target level: 55.06

GFS (GFS) Monthly Stock Prediction for 2024

Month Target Pes. Opt. Vol., %
Jan. 56.69 53.63 59.24 9.47
Feb. 65.19 61.77 69.00 10.49
Mar. 60.30 55.96 64.82 13.67
Apr. 62.83 59.44 67.92 12.49
May. 66.60 58.91 69.90 15.72
Jun. 62.31 57.82 65.95 12.33
Jul. 61.65 56.75 65.63 13.53
Aug. 63.87 61.09 70.29 13.09
Sep. 66.46 64.37 73.14 11.99
Oct. 60.78 56.58 64.79 12.66
Nov. 63.88 57.65 67.04 14.01
Dec. 65.60 63.44 68.55 7.46

GLOBALFOUNDRIES forecast for this year


GLOBALFOUNDRIES Stock Prediction for Jan 2024

An uptrend is forecast for this month with an optimal target price of $56.6869. Pessimistic: $53.63. Optimistic: $59.24


GLOBALFOUNDRIES Stock Prediction for Feb 2024

An uptrend is forecast for this month with an optimal target price of $65.1899. Pessimistic: $61.77. Optimistic: $69.00


GLOBALFOUNDRIES Stock Prediction for Mar 2024

An downtrend is forecast for this month with an optimal target price of $60.3007. Pessimistic: $55.96. Optimistic: $64.82


GLOBALFOUNDRIES Stock Prediction for Apr 2024

An uptrend is forecast for this month with an optimal target price of $62.8333. Pessimistic: $59.44. Optimistic: $67.92


GLOBALFOUNDRIES Stock Prediction for May 2024

An uptrend is forecast for this month with an optimal target price of $66.6033. Pessimistic: $58.91. Optimistic: $69.90


GLOBALFOUNDRIES Stock Prediction for Jun 2024

An downtrend is forecast for this month with an optimal target price of $62.3074. Pessimistic: $57.82. Optimistic: $65.95


GLOBALFOUNDRIES Stock Prediction for Jul 2024

An downtrend is forecast for this month with an optimal target price of $61.6532. Pessimistic: $56.75. Optimistic: $65.63


GLOBALFOUNDRIES Stock Prediction for Aug 2024

An uptrend is forecast for this month with an optimal target price of $63.8727. Pessimistic: $61.09. Optimistic: $70.29


GLOBALFOUNDRIES Stock Prediction for Sep 2024

An uptrend is forecast for this month with an optimal target price of $66.4595. Pessimistic: $64.37. Optimistic: $73.14


GLOBALFOUNDRIES Stock Prediction for Oct 2024

An downtrend is forecast for this month with an optimal target price of $60.7773. Pessimistic: $56.58. Optimistic: $64.79


GLOBALFOUNDRIES Stock Prediction for Nov 2024

An uptrend is forecast for this month with an optimal target price of $63.8769. Pessimistic: $57.65. Optimistic: $67.04


GLOBALFOUNDRIES Stock Prediction for Dec 2024

An uptrend is forecast for this month with an optimal target price of $65.6016. Pessimistic: $63.44. Optimistic: $68.55



GLOBALFOUNDRIES (GFS) Monthly Stock Prediction for 2025

Month Target Pes. Opt. Vol., %
Jan 69.05 64.49 75.98 15.13
Feb 73.91 66.15 79.24 16.51
Mar 76.13 68.71 83.90 18.10
Apr 76.82 74.17 82.00 9.56
May 82.69 76.37 91.13 16.20
Jun 81.82 75.07 85.26 11.95
Jul 92.87 88.55 98.72 10.30
Aug 84.65 81.60 93.67 12.88
Sep 76.14 72.72 79.68 8.74
Oct 70.43 65.47 76.24 14.13
Nov 60.71 58.44 67.00 12.78
Dec 59.89 56.39 62.32 9.51

GLOBALFOUNDRIES (GFS) Monthly Stock Prediction for 2026

Month Target Pes. Opt. Vol., %
Jan 66.45 59.37 71.74 17.23
Feb 69.14 62.71 75.06 16.44
Mar 66.76 60.15 71.86 16.30
Apr 65.16 62.61 72.39 13.50
May 57.92 51.58 64.70 20.28
Jun 54.62 52.90 57.74 8.37
Jul 52.00 48.49 54.89 11.65
Aug 53.17 48.62 58.91 17.46
Sep 59.87 57.18 64.18 10.91
Oct 65.35 63.09 70.93 11.05
Nov 62.11 58.11 67.24 13.58
Dec 68.82 63.76 72.43 11.97

GLOBALFOUNDRIES (GFS) Monthly Stock Prediction for 2027

Month Target Pes. Opt. Vol., %
Jan 70.99 63.43 75.14 15.59
Feb 69.29 64.82 73.13 11.37
Mar 70.64 62.69 77.21 18.80
Apr 73.50 64.90 79.23 18.09
May 76.25 70.65 83.80 15.70
Jun 79.80 74.17 82.43 10.02
Jul 82.79 75.96 88.38 14.05
Aug 86.77 76.87 93.27 17.58
Sep 81.04 73.62 88.45 16.77
Oct 75.45 70.47 83.37 15.48
Nov 85.07 80.47 93.87 14.27
Dec 89.66 80.78 94.77 14.76

GLOBALFOUNDRIES (GFS) Monthly Stock Prediction for 2028

Month Target Pes. Opt. Vol., %
Jan 83.47 73.71 90.99 18.99
Feb 91.74 83.07 102.33 18.83
Mar 89.95 79.56 92.78 14.25
Apr 78.62 72.84 82.03 11.21
May 75.20 70.12 84.22 16.74
Jun 63.92 56.73 68.52 17.21
Jul 66.41 61.43 74.18 17.19
Aug 71.39 67.96 79.85 14.89
Sep 80.81 78.15 88.57 11.77
Oct 82.87 80.39 88.84 9.51
Nov 85.73 79.43 92.68 14.29
Dec 86.50 80.54 90.92 11.42

GLOBALFOUNDRIES information and performance

GLOBALFOUNDRIES Address

400 STONEBREAK ROAD EXTENSION, MALTA, NY, US

Market Capitalization: 29 668 061 000 $

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: 2 697 000 000 $

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

PE Ratio: 21.11

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

PEG Ratio: None

Price/earnings to growth

DPS: N/A

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: N/A

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

EPS: 2.54

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

Quarterly Earnings Growth YOY: -0.262
Quarterly Revenue Growth YOY: -0.107
Trailing PE: 21.11

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: 24.94

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

EV To Revenue: 3.857

Enterprise Value (EV) /Revenue

EV To EBITDA: 9.6

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

Shares Outstanding: 553199000

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.