GlobalFoundries Inc. (NASDAQ:GFS) Given Consensus Recommendation of “Hold” by Brokerages

Shares of GlobalFoundries Inc. (NASDAQ:GFS) have earned an average recommendation of “Hold” from the twenty research firms that are currently covering the stock, MarketBeat reports. One analyst has rated the stock with a sell recommendation, thirteen have given a hold recommendation and six have issued a buy recommendation on the company. The average 1 year price target among brokerages that have issued ratings on the stock in the last year is $46.1333.

A number of equities research analysts have issued reports on the company. TD Cowen reissued a “buy” rating on shares of GlobalFoundries in a research report on Thursday, February 12th. Bank of America raised their price objective on GlobalFoundries from $33.00 to $37.00 and gave the stock an “underperform” rating in a report on Thursday, December 4th. Needham & Company LLC lifted their price objective on GlobalFoundries from $42.00 to $55.00 and gave the company a “buy” rating in a research note on Thursday, February 12th. UBS Group set a $50.00 target price on GlobalFoundries in a report on Thursday, February 12th. Finally, Morgan Stanley set a $43.00 target price on shares of GlobalFoundries in a research report on Monday, February 9th.

GlobalFoundries Stock Performance

NASDAQ:GFS opened at $43.08 on Monday. The company has a market cap of $23.97 billion, a P/E ratio of 27.09, a P/E/G ratio of 1.70 and a beta of 1.47. The firm’s 50 day moving average is $44.74 and its two-hundred day moving average is $38.61. GlobalFoundries has a fifty-two week low of $29.77 and a fifty-two week high of $50.98. The company has a quick ratio of 1.95, a current ratio of 2.62 and a debt-to-equity ratio of 0.13.

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

Insider Transactions at GlobalFoundries

In other GlobalFoundries news, insider Michael James Hogan sold 1,800 shares of the business’s stock in a transaction that occurred on Wednesday, March 18th. The shares were sold at an average price of $43.25, for a total transaction of $77,850.00. Following the completion of the sale, the insider directly owned 22,895 shares in the company, valued at $990,208.75. The trade was a 7.29% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink.

Hedge Funds Weigh In On GlobalFoundries

Several hedge funds and other institutional investors have recently made changes to their positions in the business. WealthCollab LLC increased its holdings in GlobalFoundries by 674.7% in the 4th quarter. WealthCollab LLC now owns 705 shares of the company’s stock valued at $25,000 after purchasing an additional 614 shares in the last quarter. True Wealth Design LLC lifted its stake in shares of GlobalFoundries by 216.7% during the fourth quarter. True Wealth Design LLC now owns 795 shares of the company’s stock worth $28,000 after purchasing an additional 544 shares in the last quarter. Clearstead Advisors LLC boosted its position in shares of GlobalFoundries by 91.9% in the third quarter. Clearstead Advisors LLC now owns 808 shares of the company’s stock worth $29,000 after buying an additional 387 shares during the period. First Horizon Corp purchased a new stake in shares of GlobalFoundries in the third quarter worth about $33,000. Finally, Covestor Ltd grew its stake in shares of GlobalFoundries by 57.6% in the fourth quarter. Covestor Ltd now owns 955 shares of the company’s stock valued at $33,000 after buying an additional 349 shares in 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.