GlobalFoundries Inc. (NASDAQ:GFS) Receives $46.13 Consensus Price Target from Analysts

GlobalFoundries Inc. (NASDAQ:GFS) has been assigned an average recommendation of “Hold” from the twenty ratings firms that are presently covering the stock, Marketbeat reports. Two investment analysts have rated the stock with a sell rating, twelve have given a hold rating and six have given a buy rating to the company. The average 1 year price objective among brokers that have updated their coverage on the stock in the last year is $46.1333.

GFS has been the topic of a number of research analyst reports. JPMorgan Chase & Co. lowered their price target on GlobalFoundries from $40.00 to $35.00 and set a “neutral” rating on the stock in a report on Thursday, November 13th. Wedbush increased their target price on shares of GlobalFoundries from $40.00 to $50.00 and gave the company a “neutral” rating in a research report on Thursday, February 12th. Evercore raised their target price on shares of GlobalFoundries from $43.00 to $45.00 and gave the company an “outperform” rating in a research note on Thursday, November 13th. Wall Street Zen downgraded shares of GlobalFoundries from a “buy” rating to a “hold” rating in a research report on Saturday, November 15th. Finally, The Goldman Sachs Group increased their price objective on shares of GlobalFoundries from $40.00 to $46.00 and gave the company a “neutral” rating in a report on Wednesday, February 11th.

GlobalFoundries Price Performance

Shares of NASDAQ:GFS opened at $46.19 on Thursday. The firm’s 50 day moving average is $41.20 and its two-hundred day moving average is $36.83. The firm has a market capitalization of $25.54 billion, a P/E ratio of 29.05, a PEG ratio of 1.82 and a beta of 1.50. The company has a current ratio of 2.62, a quick ratio of 1.95 and a debt-to-equity ratio of 0.13. GlobalFoundries has a 52 week low of $29.77 and a 52 week high of $50.98.

GlobalFoundries (NASDAQ:GFS) last issued its quarterly earnings data on Wednesday, February 11th. The company reported $0.55 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.47 by $0.08. GlobalFoundries had a return on equity of 6.86% and a net margin of 13.05%.The business had revenue of $1.83 billion during the quarter, compared to the consensus estimate of $1.80 billion. During the same period in the previous year, the firm posted $0.46 earnings per share. The business’s revenue was up .0% on a year-over-year basis. GlobalFoundries has set its Q1 2026 guidance at 0.300-0.400 EPS. Analysts anticipate that GlobalFoundries will post 1.31 earnings per share for the current year.

Hedge Funds Weigh In On GlobalFoundries

Several hedge funds have recently modified their holdings of the company. Vident Advisory LLC lifted its position in shares of GlobalFoundries by 5.0% during the 4th quarter. Vident Advisory LLC now owns 6,160 shares of the company’s stock worth $215,000 after purchasing an additional 293 shares during the last quarter. Profund Advisors LLC increased its position in GlobalFoundries by 0.7% in the 3rd quarter. Profund Advisors LLC now owns 45,349 shares of the company’s stock worth $1,625,000 after buying an additional 299 shares during the period. Federation des caisses Desjardins du Quebec lifted its holdings in shares of GlobalFoundries by 9.3% during the fourth quarter. Federation des caisses Desjardins du Quebec now owns 3,575 shares of the company’s stock worth $125,000 after buying an additional 305 shares during the last quarter. The Manufacturers Life Insurance Company lifted its holdings in shares of GlobalFoundries by 3.4% during the second quarter. The Manufacturers Life Insurance Company now owns 9,744 shares of the company’s stock worth $372,000 after buying an additional 324 shares during the last quarter. Finally, California State Teachers Retirement System boosted its position in shares of GlobalFoundries by 5.7% in the second quarter. California State Teachers Retirement System now owns 6,480 shares of the company’s stock valued at $248,000 after acquiring an additional 347 shares during the period.

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.