GlobalFoundries Inc. (GFS) - What Are Analysts Thinking About This Stock?

Key Points

• Analysts have a consensus “Hold” rating on GlobalFoundries, with 10 hold, 8 buy, and 2 sell ratings. The average 12-month price target is $75.79.
• GlobalFoundries reported quarterly EPS of $0.46, beating expectations of $0.43, while revenue rose 5.8% year over year to $1.79 billion. Management guided for third-quarter EPS of $0.46–$0.56.
• The stock opened at $45.00, well below its 52-week high of $92.55. Several institutional investors increased their holdings, while insiders sold 12,925 shares worth approximately $638,247 over the past three months.

Shares of GlobalFoundries Inc. (NASDAQ:GFS - Get Free Report) have been given a consensus recommendation of "Hold" by the twenty ratings firms that are covering the firm, Marketbeat Ratings reports. Two investment analysts have rated the stock with a sell rating, ten have assigned a hold rating and eight have assigned a buy rating to the company. The average 1-year price target among brokerages that have updated their coverage on the stock in the last year is $75.79.

A number of research firms recently commented on GFS. Morgan Stanley reiterated a "negative" rating and issued a $60.00 target price on shares of GlobalFoundries in a report on Thursday, August 6th. Robert W. Baird set a $140.00 price target on shares of GlobalFoundries in a research report on Thursday, August 6th. Stifel Nicolaus assumed coverage on shares of GlobalFoundries in a research report on Tuesday, September 1st. They issued a "buy" rating and a $60.00 price target on the stock. Deutsche Bank Aktiengesellschaft set a $75.00 price objective on GlobalFoundries in a research note on Monday, August 10th. Finally, Weiss Ratings restated a "hold (c)" rating on shares of GlobalFoundries in a report on Wednesday, August 26th.

Insider Buying and Selling at GlobalFoundries

In other GlobalFoundries news, insider Pradheepa Raman sold 6,760 shares of the company's stock in a transaction dated Tuesday, August 18th. The shares were sold at an average price of $51.12, for a total transaction of $345,571.20. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. In the last three months, insiders sold 12,925 shares of company stock valued at $638,247.

Institutional Inflows and Outflows

Institutional investors have recently made changes to their positions in the company. Bessemer Group Inc. grew its position in GlobalFoundries by 8,275,141.2% during the 1st quarter. Bessemer Group Inc. now owns 2,813,582 shares of the company's stock worth $125,147,000 after purchasing an additional 2,813,548 shares in the last quarter. Dimensional Fund Advisors LP lifted its stake in GlobalFoundries by 2.4% in the 1st quarter. Dimensional Fund Advisors LP now owns 1,340,385 shares of the company's stock worth $59,571,000 after acquiring an additional 31,590 shares in the last quarter. Bank of America Corp DE lifted its stake in GlobalFoundries by 106.1% in the 1st quarter. Bank of America Corp DE now owns 875,361 shares of the company's stock worth $38,936,000 after acquiring an additional 450,722 shares in the last quarter. Healthcare of Ontario Pension Plan Trust Fund lifted its stake in GlobalFoundries by 322.8% in the 1st quarter. Healthcare of Ontario Pension Plan Trust Fund now owns 715,000 shares of the company's stock worth $31,803,000 after acquiring an additional 545,900 shares in the last quarter. Finally, Atreides Management LP acquired a new stake in GlobalFoundries during the 1st quarter worth about $21,110,000.

GlobalFoundries Price Performance

Shares of NASDAQ:GFS opened at $45.00 on Tuesday. The firm's 50 day moving average is $46.85 and its two-hundred day moving average is $54.81. GlobalFoundries has a 52 week low of $32.02 and a 52 week high of $92.55. The firm has a market capitalization of $24.69 billion, a P/E ratio of 35.16, a PEG ratio of 1.41 and a beta of 1.77. The company has a current ratio of 2.48, a quick ratio of 1.74 and a debt-to-equity ratio of 0.13.

GlobalFoundries (NASDAQ:GFS - Get Free Report) last announced its earnings results on Wednesday, August 5th. The company reported $0.46 earnings per share for the quarter, beating the consensus estimate of $0.43 by $0.03. The firm had revenue of $1.79 billion for the quarter, compared to the consensus estimate of $1.77 billion. GlobalFoundries had a return on equity of 6.69% and a net margin of 10.36%. The firm's revenue for the quarter was up 5.8% on a year-over-year basis. During the same quarter in the previous year, the business earned $0.42 EPS. GlobalFoundries has set its Q3 2026 guidance at 0.460-0.560 EPS. Analysts anticipate that GlobalFoundries will post 1.48 earnings per share for the current year.

About GlobalFoundries

GlobalFoundries Inc NASDAQ: GFS is a semiconductor manufacturer that operates as a contract foundry, producing chips designed by other companies. The company provides wafer fabrication and related services for customers in the automotive, communications infrastructure, aerospace and defense, industrial, and consumer electronics markets.

GlobalFoundries specializes in differentiated semiconductor technologies rather than competing primarily in the most advanced logic-processing nodes. Its offerings include radio-frequency and silicon-on-insulator technologies, embedded memory, power-management solutions, high-voltage processes, silicon photonics, and other specialty platforms used in connectivity, sensing, automotive electronics, and edge-computing applications.

The company was established in 2009 through the separation of Advanced Micro Devices' manufacturing operations, with investment from the Abu Dhabi-based Advanced Technology Investment Company.

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