GLOBALFOUNDRIES (GFS) stock forecast for 2022
Last update: May 29, 2023 (10:54)Sector: Technology
The share price of GLOBALFOUNDRIES Inc. (GFS) now
50/200 Day Moving Average: $62.28 / $60.3
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 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 2022. How much will one GLOBALFOUNDRIES share be worth in 2022? Is it worth taking profit / loss on GLOBALFOUNDRIES stock now or waiting? What are analysts' forecasts for 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. The GLOBALFOUNDRIES stock prediction results are shown below and presented as a graph, table and text information.
GLOBALFOUNDRIES stock forecasts are adjusted once a day based on the closing price of the previous trading day.
The minimum target price for GLOBALFOUNDRIES analysts is $72.29.
Today 200 Day Moving Average is the resistance level (60.3 $).
50 Day Moving Average is the resistance level (62.28 $).
Historical and forecast chart of GLOBALFOUNDRIES stock
The chart below shows the historical price of GLOBALFOUNDRIES stock and a prediction chart for the next year. 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.
GLOBALFOUNDRIES (GFS) Forecast for 2022
GLOBALFOUNDRIES information and performance
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%).
400 STONEBREAK ROAD EXTENSION, MALTA, NY, US
Market capitalization is the total market value of all issued shares of a company. It is calculated by the formula multiplying the number of shares in the company outstanding by the market price of one share.
EBITDA is earnings before interest, income tax and depreciation of assets.
P/E ratio (price to earnings) - shows the ratio between the price of a share and the company's profit
Price/earnings to growth
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.
Dividend yield is a ratio that shows how much a company pays in dividends each year at the stock price.
EPS shows how much of the net profit is accounted for by the common share.
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 P/E uses projections of future earnings instead of final numbers.
Enterprise Value (EV) /Revenue
The EV / EBITDA ratio shows the ratio of the cost (EV) to its profit before tax, interest and amortization (EBITDA).
Number of issued ordinary shares
Number of freely tradable shares
Shares Short Prior Month - the number of shares in short positions in the last month.
GLOBALFOUNDRIES price target for 2022 by month
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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.