The Analyst Verdict: GLOBALFOUNDRIES In The Eyes Of 6 Experts
Portfolio Pulse from Benzinga Insights
GLOBALFOUNDRIES (NASDAQ:GFS) has received mixed analyst ratings over the past three months, with a decrease in the average 12-month price target from $62.83 to $56.83. Analysts have adjusted their ratings and price targets in response to market conditions, with some lowering their targets. The company faces financial challenges, including a decline in revenue growth and below-average net margin, ROE, and ROA compared to industry benchmarks.
October 08, 2024 | 8:01 pm
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NEGATIVE IMPACT
GLOBALFOUNDRIES has received mixed analyst ratings, with a decrease in the average price target. The company faces financial challenges, including declining revenue and below-average profitability metrics.
The mixed analyst ratings and lowered price targets suggest a bearish sentiment in the short term. The company's financial challenges, such as declining revenue and below-average profitability metrics, further support a negative outlook.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100