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According to TipRanks, Lipacis is a top 100 analyst with an average return of 26.8% and a 65.63% success rate. Lipacis covers the Technology sector, focusing on stocks such as Nvidia, Intel, and Advanced Micro Devices.

The word on The Street in general, suggests a Moderate Buy analyst consensus rating for GlobalFoundries Inc with a $46.17 average price target, a 6.02% upside from current levels. In a report released yesterday, TD Cowen also maintained a Buy rating on the stock with a $50.00 price target.

Based on GlobalFoundries Inc's latest earnings release for the quarter ending September 30, the company reported a quarterly revenue of $1.74 billion and a net profit of $177 million. In comparison, last year the company earned a revenue of $1.85 billion and had a net profit of $249 million