
GlobalFoundries (GFS) Stock Forecast & Price Target
GlobalFoundries (GFS) Analyst Ratings
Bulls say
GlobalFoundries is anticipated to achieve robust sales growth driven by a strategic allocation of new capacity to high average selling price (ASP) products, which may enhance gross margins beyond baseline expectations. The company's automotive revenue segment displayed significant strength, with a 39.5% quarter-over-quarter increase, highlighting its expanding footprint in high-demand markets. Furthermore, the projection of nearly doubling silicon photonics (SiPh) revenues by 2026 and a revised target of $1 billion in non-wafer revenue by 2028 underscores the firm's commitment to diversifying its revenue streams and capitalizing on future growth opportunities.
Bears say
GlobalFoundries reported Smart Mobile Devices (SMD) revenues of $657 million, reflecting a decrease of 12.6% quarter-over-quarter and 11% year-over-year, indicating significant challenges in a key market segment. The company's outlook is further hampered by supply chain shortages and a lack of interest in differentiated technologies, which limits potential gross margin improvements amidst a highly cyclical semiconductor industry likely facing reduced demand. Additionally, concerns over technological missteps and an inability to protect intellectual property raise further risks to both revenue and profitability, contributing to a negative outlook for the company.
This aggregate rating is based on analysts' research of GlobalFoundries and is not a guaranteed prediction by Public.com or investment advice.
GlobalFoundries (GFS) Analyst Forecast & Price Prediction
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