GlobalFoundries Inc. (NASDAQ:GFS) Receives $40.62 Average Price Target from Brokerages

Shares of GlobalFoundries Inc. (NASDAQ:GFS) have been given an average rating of “Hold” by the sixteen ratings firms that are covering the stock, Marketbeat Ratings reports. Three research analysts have rated the stock with a sell rating, nine have issued a hold rating and four have issued a buy rating on the company. The average 12 month target price among brokerages that have issued a report on the stock in the last year is $40.4615.

GFS has been the topic of several recent research reports. Citigroup decreased their target price on shares of GlobalFoundries from $37.00 to $35.00 and set a “neutral” rating on the stock in a research report on Thursday, November 13th. Evercore ISI raised their price objective on GlobalFoundries from $43.00 to $45.00 and gave the stock an “outperform” rating in a research note on Thursday, November 13th. Zacks Research downgraded shares of GlobalFoundries from a “hold” rating to a “strong sell” rating in a research report on Thursday, January 1st. Weiss Ratings reiterated a “sell (d)” rating on shares of GlobalFoundries in a research note on Wednesday, October 8th. Finally, Jefferies Financial Group reaffirmed a “hold” rating and set a $38.00 target price on shares of GlobalFoundries in a research note on Monday, October 27th.

GlobalFoundries Stock Performance

NASDAQ:GFS opened at $39.41 on Wednesday. The company has a debt-to-equity ratio of 0.13, a quick ratio of 2.24 and a current ratio of 3.03. The stock has a 50-day simple moving average of $35.90 and a two-hundred day simple moving average of $35.80. The firm has a market capitalization of $21.79 billion, a PE ratio of -437.84, a P/E/G ratio of 1.56 and a beta of 1.49. GlobalFoundries has a 52-week low of $29.77 and a 52-week high of $47.69.

GlobalFoundries (NASDAQ:GFS) last posted its quarterly earnings data on Wednesday, November 12th. The company reported $0.34 earnings per share for the quarter, missing analysts’ consensus estimates of $0.39 by ($0.05). GlobalFoundries had a negative net margin of 0.65% and a positive return on equity of 6.64%. The company had revenue of $1.69 billion for the quarter, compared to analysts’ expectations of $1.68 billion. During the same period in the previous year, the firm earned $0.41 earnings per share. The firm’s quarterly revenue was down 2.9% on a year-over-year basis. GlobalFoundries has set its Q4 2025 guidance at 0.420-0.520 EPS. Analysts forecast that GlobalFoundries will post 1.31 EPS for the current year.

Institutional Trading of GlobalFoundries

A number of hedge funds and other institutional investors have recently modified their holdings of the business. Entropy Technologies LP acquired a new stake in GlobalFoundries in the second quarter valued at $710,000. Dynamic Technology Lab Private Ltd acquired a new position in shares of GlobalFoundries in the 2nd quarter valued at about $907,000. Creative Planning grew its position in shares of GlobalFoundries by 44.8% during the 2nd quarter. Creative Planning now owns 29,905 shares of the company’s stock valued at $1,142,000 after buying an additional 9,253 shares during the last quarter. Edgestream Partners L.P. acquired a new stake in GlobalFoundries during the second quarter worth about $1,415,000. Finally, CWM LLC lifted its holdings in GlobalFoundries by 973.6% in the third quarter. CWM LLC now owns 50,943 shares of the company’s stock worth $1,826,000 after acquiring an additional 46,198 shares during the last quarter.

GlobalFoundries Company Profile

GlobalFoundries, Inc (NASDAQ: GFS) is a leading contract semiconductor manufacturer that provides wafer fabrication and related services to semiconductor companies and systems manufacturers. The company operates as a pure-play foundry, producing integrated circuits across a range of process technologies for customers in markets such as automotive, communications, consumer electronics, industrial, and aerospace. Its service offering spans process development, manufacturing, test and packaging support, and design enablement including process design kits (PDKs) and intellectual property (IP) libraries to help customers bring designs to production.

GlobalFoundries focuses on a portfolio of differentiated and specialty process nodes, offering technologies for radio-frequency (RF) and wireless, analog and mixed-signal, power management, embedded non-volatile memory, and silicon-on-insulator (SOI) process families.