GlobalFoundaries | GFS | Long $33.62

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GlobalFoundaries GFS

Technical Analysis:
The price is currently trading below the historical mean (see lines on chart). Given the "newness" of this stock on the market (IPO in 2021), I would often avoid an entry here until more data are gathered to better understand if the downside trend is reversing. However, in an era where AI integration is the future of tech, the growth prospects of GFS make it undervalued in the semiconductor space. The current fair value is near $20. The price may get there in the near-term. But sometimes future fundamentals outweigh technical analysis... sometimes... Time will tell.

Earnings and Revenue Growth

Health
  • Debt-to-Equity: 0.15x (low, healthy)
  • Altman's Z-Score/Bankruptcy Risk: 2.48 (low risk)

Insiders

Action
Due to the growth prospects and likely high demand of semiconductors, GFS is in a personal buy zone at $33.62. This entry goes against some technical analysis guidance (more downside may be inevitable this year), but the *long-term* upside is more than likely there *if* earnings and revenue growth projections are accurate beyond 2025.

Targets in 2028
  • $39.00 (+16.0%)
  • $50.00 (+48.7%)

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