We need more foundries, because we need more chips. Likes it. It's an American version of Taiwan Semiconductors.

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Curated by Michael O'Reilly since 2020.
1550+ opinions with 4.81 rating (one of the best performing expert).

Stockchase Research Editor: Michael O'Reilly This manufacturer of integrated circuit boards and wafer fabrication recently reported record revenues, gross margin, and net income. It received $30 million in US federal funding to advance production of domestic semi-conductor chips. Internationally, it has developed a proprietary chip for a major automotive supplier, which will be produced in Europe and Asia providing sizable sales opportunity. We recommend placing a stop-loss at $47, looking to achieve $78 -- upside potential over 16%. Yield 0% (Analysts’ price target is $77.40)
Now, the sector is not good, but long-term the outlook is positive, also for this stock.
It's one of the world's biggest semis makers during a chip shortage that could last years. Almost all its peers are down over the year while GFS is flat, which is impressive. Yesterday, they reported a super quarter--an earning beat, strong sales, huge gross margins and strong guidance for this quarter.
They went public today and nobody noticed. GFS is only of 5 global semiconductor foundries. They have plants in New York, Vermont, Singapore and Germany and are investing in expanding capacity in those places, but this will limit earnings in 2022. The first half of 2021 saw strong EBITDA growth. He expects the chip shortage to last and GFS' presence in America make this a buy.
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Ranking : 4 out of 5

Bullish - Buy Signals / Votes : 2

Neutral - Hold Signals / Votes : 0

Bearish - Sell Signals / Votes : 0

Total Signals / Votes : 2

Stockchase rating for GLOBALFOUNDRIES is calculated according to the stock experts' signals. A high score means experts mostly recommend to buy the stock while a low score means experts mostly recommend to sell the stock.

GLOBALFOUNDRIES (GFS-Q) Frequently Asked Questions

What is GLOBALFOUNDRIES stock symbol?

GLOBALFOUNDRIES is a American stock, trading under the symbol GFS-Q on the NASDAQ (GFS). It is usually referred to as NASDAQ:GFS or GFS-Q

Is GLOBALFOUNDRIES a buy or a sell?

In the last year, 2 stock analysts published opinions about GFS-Q. 2 analysts recommended to BUY the stock. 0 analysts recommended to SELL the stock. The latest stock analyst recommendation is . Read the latest stock experts' ratings for GLOBALFOUNDRIES .

Is GLOBALFOUNDRIES a good investment or a top pick?

GLOBALFOUNDRIES was recommended as a Top Pick by on . Read the latest stock experts ratings for GLOBALFOUNDRIES .

Why is GLOBALFOUNDRIES stock dropping?

Earnings reports or recent company news can cause the stock price to drop. Read stock experts’ recommendations for help on deciding if you should buy, sell or hold the stock.

Is GLOBALFOUNDRIES worth watching?

2 stock analysts on Stockchase covered GLOBALFOUNDRIES In the last year. It is a trending stock that is worth watching.

What is GLOBALFOUNDRIES stock price?

On 2022-11-25, GLOBALFOUNDRIES (GFS-Q) stock closed at a price of $67.61.